Information Package / Course Catalogue
Micro-Economic Analysis
Course Code: EKO533
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: None.
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

To endow the qualifications necessary to do deeper analysis in microeconomics.

Course Content

Course starts with consumer and firm theories then goes into applied fields such as industrial organizations, international trade business, government... In this course the perfect and imperfect competition conditions and the contracts done in these conditions will be presented in the game theory context. Thus the primary subjects are game theory, bargaining power, import and export policies, fraudulent agreements and anti-trusts in oligopolies.

Name of Lecturer(s)
Learning Outcomes
1. Acquiring an Interdisciplinary Approach by Understanding that Economics is in Interaction with Other Social Science Branches
2.To learn the basic concepts of microeconomics, its problems, methods, institutions and actors
3. Having detailed information about consumer and producer theories
4. To have in-depth knowledge of the markets
5.Facilitate the application of theoretical knowledge to understanding current economic problems
Recommended or Required Reading
1.Mikro İktisadi Analiz, (2009) Yiğitbaşı, Şehabettin, Çizgi Kitabevi
Weekly Detailed Course Contents
Week 1 - Theoretical
Analysis of economic system problem and production possibilities; Analysis of consumer theory
Week 2 - Theoretical
Analysis of demand theory with Hicks and Slutsky approximations; Engel curves
Week 3 - Theoretical
Production theory: law of diminishing returns and isoquant curves
Week 4 - Theoretical
Elasticities; Production Functions: Leontief, Ces, Cobb-Douglas, Linear Production Function
Week 5 - Theoretical
Costs: Short and Long Term
Week 6 - Theoretical
Scale economies; Firm balance in full competition market
Week 7 - Theoretical
The Emergence of Imperfect Competition and The Basics of Monopoly Theory; Analysis of Monopoly Operator's Conditions of Success in Different Environments
Week 8 - Intermediate Exam
Midterm Exam
Week 9 - Theoretical
Monopoly criticism, monopole public intervention, chained monopoly, two-sided monopoly; Monopoly Competition Market Analysis
Week 10 - Theoretical
Features of the Oligopoly Market Cournot Model; Game Theory and Analysis of the Oligopoly Market
Week 11 - Theoretical
Concentration in oligopoly market, criticism of oligopoly market, criticism of price theory and full cost analysis; Pricing of Production Factors
Week 12 - Theoretical
Analysis of Labor Market and Income; Analysis of Land and Rant Theory
Week 13 - Theoretical
Theories of Capital and Interest, Venture and Profit Theories
Week 14 - Theoretical
General Equilibrium and Welfare Economics Theory
Week 15 - Theoretical
Preparation for final exam
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory153390
Midterm Examination110212
Final Examination120222
TOTAL WORKLOAD (hours)124
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
PÇ-13
OÇ-1
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-2
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-3
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-4
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-5
4
4
4
4
4
4
4
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue