
| Course Code | : İKP526 |
| Course Type | : Area Elective |
| Couse Group | : Second Cycle (Master's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
Microeconomic theory is a subfield of economics in the field of production-price theory point of view, observing a mixed-business topics of interest and are waiting to be clarified. Operating on the theory and practical training of the individuals within the framework of analysis is not trivial, introducing the basics of the business world economic structure. At first glance, to explain some of the students of economics as a matter of analytical or logical kurgulayıp forced to respond with integrity in these matters, this course aims to introduce students to the applicability of economic theory perhaps.
Fundamental concepts in microeconomics, industrial structures: monopoly, perfect competition, oligopoly: Bertrand model, the paradox of Bertrand, Cournot model, price discrimination, market structure and market power, concentration and market power, input costs, market structure and efficiency, vertical relations, product differentiation, advertising.