Information Package / Course Catalogue - Adnan Menderes University

General Information Unit Staff Academic Information Programme Outcomes Course Structure Diagram Contact Information

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Advanceds Microeconomics

Course Code	: EKO615
Course Type	: Area Elective
Couse Group	: Third Cycle (Doctorate Degree)
Education Language	: Turkish
Work Placement	: None

Theory	: 3
Prt.	: 0
Credit	: 3
Lab	: 0
ECTS	: 5

Objectives of the Course

The purpose of this course is to give students basic information about labor economics. Working with an eye to economy, the economic life of the lesson study is to provide analysis to edebilmelerine. In this direction, course work and study the basic concepts of economics, the historical background of the working class with the rise of the labor market and the problems of Turkey will be discussed.

Course Content

Profit maximization, description of technology, parametric representation of tecnology, average and marginal costs, the geometry of costs, long and short-run cost curves, pure monopoly, pure competition, The Slutsky equation.

Name of Lecturer(s)

Learning Outcomes

1.	Micro-economic theory to be tested in practice
2.	Micro-economic toerilerin mathematical ways to prove
3.	Can make a statement about subjects, can define the terms
4.	Can make an interdisiplinary connection over the course subjects
5.	Can make an analysis about subjects and can comment on economy

Recommended or Required Reading

1.	Bulmuş, İ., (2003) Mikro İktisat, Cantekin Matbaası
2.	Microeconomic Analysis, Hal R. Varian

Weekly Detailed Course Contents

Week 1 - Theoretical

Theorem of calculus and optimization

Week 2 - Theoretical

Envelope theorem and the constrained maximization

Week 3 - Theoretical

Multi-market equilibrium (Walras Law, Edgeworth box), general equilibrium model

Week 4 - Theoretical

Multi-market equilibrium (Edgeworth box), a partial equilibrium model

Week 5 - Theoretical

Welfare economics, (Pareto optimality)

Week 6 - Theoretical

Welfare economics, (the first and second theorem of welfare economics)

Week 7 - Theoretical

Welfare economics, (the first and second theorem of welfare economics)

Week 8 - Theoretical

The economics of information (asymmetric information, herd behavior, adverse selection)

Week 9 - Theoretical

The economics of information (asymmetric information, herd behavior, adverse selection)

Week 10 - Theoretical

The economics of information (asymmetric information, herd behavior, adverse selection)

Week 11 - Theoretical

Piyasanının boundaries (externalities and public goods, Coase Theorem, Public Choice Theory)

Week 12 - Theoretical

Social welfare function

Week 13 - Theoretical

Arrow impossibility theorem

Week 14 - Theoretical

Rent seeking, the division of property rights

Assessment Methods and Criteria

Type of Assessment	Count	Percent
Midterm Examination	1	%40
Final Examination	1	%60

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	PÇ-6	PÇ-7	PÇ-8	PÇ-9	PÇ-10	PÇ-11	PÇ-12	PÇ-13
OÇ-1	5	4	3	5	1	3	1	4	4	4	4	4	4
OÇ-2	5	4	3	5	1	3	1	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

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