Information Package / Course Catalogue - Adnan Menderes University

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Microeconomic Analysis I

Course Code	: EKO513
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

Objectives of the Course

The aim of this course is to enable students to acquire more advanced knowledge in microeconomic theory and to be able to apply it.

Course Content

Consumer theory will be mainly covered in the course. Topics such as consumer preferences, consumer demand, market demand, compensated demand functions, optimization, expected benefit, externalities, public goods, intertemporal decisions will be covered.

Name of Lecturer(s)

Prof. Aziz BOSTAN

Learning Outcomes

1.	Will gain detailed information about consumer theories.
2.	Will gain in-depth knowledge of the markets.
3.	Will become easier to apply theoretical knowledge in understanding current economic problems.
4.	Can make an interdisiplinary connection on the course subjects
5.	Can make an analysis about course subjects and can comment on economy

Recommended or Required Reading

1.	Brian R. Binger & Elizabeth Hoffman. Microeconomics with Calculus.
2.	Walter Nicholson. Microeconomic Theory: Basic Principles and Extensions.
3.	Jeffrey M. Perloff. Microeconomics: Theory and Applications with Calculus.
4.	Hal R. Varian. Intermediate Microeconomics: A Modern Approach.
5.	Selçuk Akçay. Çözümlü İleri Mikro İktisat Soruları.
6.	İsmail Bulmuş. Çözümlü Mikro İktisat Problemleri.
7.	İlker Parasız. Mikro İktisat Problemleri ve Çözümleri.
8.	Zeynel Dinler. Mikro Ekonomi.
9.	Erdal Muzaffer Ünsal. Mikro İktisat.
10.	İsmail Bulmuş, Mikro İktisat.
11.	Mahfi Eğilmez. Mikroekonomi: Güncel Örneklerle.
12.	Murat Donduran. İleri Mikro İktisat.
13.	Fahriye Öztürk, Müslüme Narin, İbrahim Tokatlıoğlu. Mikroiktisat.
14.	Müslüme Narin, İbrahim Tokatlıoğlu, Fahriye Öztürk, A. Hakan Çermikli, H. Ozan Eruygur. İleri Mikroiktisat: Problemler ve Çözümleri.
15.	Tümay Ertek. Mikroekonomi Teorisi.

Weekly Detailed Course Contents

Week 1 - Theoretical

Basic mathematical concepts, optimization

Week 2 - Theoretical

Economic models, introduction to economic theory

Week 3 - Theoretical

Consumer preference theory

Week 4 - Theoretical

Utility, preferences, utility maximization, choice

Week 5 - Theoretical

Consumer demand theory

Week 6 - Theoretical

Income and substitution effects

Week 7 - Theoretical

Compensated demand functions

Week 8 - Theoretical

Compensated demand functions

Week 9 - Theoretical

Demand relationships among goods

Week 10 - Theoretical

Trading among consumers, Edgeworth, Pareto optimum, efficiency

Week 11 - Theoretical

Market demand and elasticities

Week 12 - Theoretical

Expected utility, risk, uncertainty

Week 13 - Theoretical

Economics of information, applications of uncertainty models

Week 14 - Theoretical

Externalities, public goods

Assessment Methods and Criteria

Type of Assessment	Count	Percent
Midterm Examination	1	%30
Final Examination	1	%70

Workload Calculation

Activities	Count	Preparation	Time	Total Work Load (hours)
Lecture - Theory	14	3	3	84
Midterm Examination	1	10	3	13
Final Examination	1	20	3	23
TOTAL WORKLOAD (hours)				120

Contribution of Learning Outcomes to Programme Outcomes

	PÇ-1	PÇ-2	PÇ-3	PÇ-4	PÇ-5
OÇ-1	4	4	4	4	4
OÇ-2	4	4	4	4	4
OÇ-3	4	4	4	4	4
OÇ-4	5	4	4	4	4
OÇ-5	4	4	4	4	4

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