Information Package / Course Catalogue
| Course Code | : İKP619 |
| Course Type | : Area Elective |
| Couse Group | : Third Cycle (Doctorate Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The principle of this course is to put forward how and why governments intervene into the markets. Firstly some basic microeconomics concepts will be introduced. Then the course will be all about the real economic life and market structures. The students will learn the basics of competition law, specifically we will talk about cartels, monopolies and mergers. The course will cover lots of real world cases from EU/US and especially from Turkey.
Firm behavior in imperfectly competitive markets; how governments regulate competition; market power; market structures, industry analysis, demand-supply; market concept in competition, entry, exit barriers, price discrimination, monopoly, market power, cartels, integration and integration regulation; privatization, vertical integration.
| 1. | To learn why governments regulate markets. |
| 2. | To understand how firms operate in market economies in real world. |
| 3. | To learn regulation of competition and the economic theory behind this. |
| 4. | Differentiate between and analyze business, corporate and functional strategies for a company |
| 5. | Use your skills and knowledge in conducting strategic analyses in various industries and competitive global environment |
| 1. | Besanko, D., Dranove, D., Shanley, M. and Schaefer, S., Economics of Strategy, 5th Edition, John Wiley & Sons, 2010. |
| 2. | Nicholson, W. and Snyder, C., Theory and Application of Intermediate Microeconomics, 11th Edition, South-Western, 2010. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 2 | 3 | 70 |
| Individual Work | 14 | 1 | 2 | 42 |
| Midterm Examination | 1 | 8 | 1 | 9 |
| Final Examination | 1 | 9 | 1 | 10 |
| TOTAL WORKLOAD (hours) | 131 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | |
OÇ-1 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
OÇ-2 | 5 | 4 | 4 | 4 | 4 | 4 | 4 |
OÇ-3 | 3 | 5 | 3 | 3 | 3 | 3 | 3 |
OÇ-4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 |
OÇ-5 | 5 | 4 | 3 | 3 | 3 | 3 | 3 |