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| Year/Semester of Study | 1 / Fall Semester | ||||
| Level of Course | 1st Cycle Degree Programme | ||||
| Type of Course | Compulsory | ||||
| Department | ECONOMICS | ||||
| Pre-requisities and Co-requisites | None | ||||
| Mode of Delivery | Face to Face | ||||
| Teaching Period | 14 Weeks | ||||
| Name of Lecturer | EBRU TOPCU (ebruerdogan@nevsehir.edu.tr) | ||||
| Name of Lecturer(s) | |||||
| Language of Instruction | Turkish | ||||
| Work Placement(s) | None | ||||
| Objectives of the Course | |||||
| The aim of this course is to teach the basic concepts and theories of microeconomics. | |||||
| Learning Outcomes | PO | MME | |
| The students who succeeded in this course: | |||
| LO-1 | can explain the determinants of demand and supply. |
PO-1 have information about basic economic topics and indicators.
PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision. PO-11 have ability on defining economic variables and comment on the relationships between these variables. |
Examination |
| LO-2 | can explain the types of elasticities. |
PO-1 have information about basic economic topics and indicators.
PO-11 have ability on defining economic variables and comment on the relationships between these variables. |
Examination |
| LO-3 | can explain the theories of Cardinal and Ordinal Utility. |
PO-1 have information about basic economic topics and indicators.
PO-11 have ability on defining economic variables and comment on the relationships between these variables. |
Examination |
| LO-4 | can explain the short and long term production functions. |
PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries. PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision. PO-11 have ability on defining economic variables and comment on the relationships between these variables. |
Examination |
| PO: Programme Outcomes MME:Method of measurement & Evaluation |
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| Course Contents | ||
| Economic Efficiency, Supply, Demand, Market Equilibrium, Price Floor, Price Ceiling, Cardinal Utility Theory, Ordinal Utility Theory, Producer Surplus, Consumer Surplus, Production Function | ||
| Weekly Course Content | ||
| Week | Subject | Learning Activities and Teaching Methods |
| 1 | Basic Concepts: Economics, Scarcity, Goods and Services, Production Factors, Microeconomics-Macroeconomics Distinction, Normative Economics-Positive Economics Distinction | Lecturing |
| 2 | Basic Concepts: Economic Decision Units, Production Possibilities Curve -Demand and Determining Factors of Demand | Lecturing-Drawing Graph-Solving Problem |
| 3 | Demand and Determining Factors of Demand | Lecturing-Drawing Graph-Solving Problem |
| 4 | Supply and Determining Factors of Supply | Lecturing-Drawing Graph-Solving Problem |
| 5 | Market Equilibrium - Changes in Market Equilibrium | Lecturing-Drawing Graph-Solving Problem |
| 6 | Elasticities | Lecturing-Drawing Graph-Solving Problem |
| 7 | Government Interferences: Price Ceiling-Price Floor | Lecturing-Drawing Graph-Solving Problem |
| 8 | mid-term exam | |
| 9 | Economic Efficiency: Consumer Surplus- Producer Surplus | Lecturing-Drawing Graph-Solving Problem |
| 10 | Consumer Theory: Cardinal Utility Theory | Lecturing-Drawing Graph-Solving Problem |
| 11 | Consumer Theory: Ordinal Utility Theory | Lecturing-Drawing Graph-Solving Problem |
| 12 | Production Theory: Short Term | Lecturing-Drawing Graph-Solving Problem |
| 13 | Production Theory: Long Term | Lecturing-Drawing Graph-Solving Problem |
| 14 | Production Costs | Lecturing-Drawing Graph-Solving Problem |
| 15 | Markets Overview | Lecturing-Drawing Graph-Solving Problem |
| 16 | final exam | |
| Recommend Course Book / Supplementary Book/Reading | ||
| 1 | Erdal. M. Ünsal (2016), İktisada Giriş (5. Baskı), BB101. | |
| 2 | A. Yasemin Yalta-A. Talha Yalta (2019), Modern Mikroekonomiye Giriş (2. Baskı), Adres Yayınları. | |
| 3 | Ders Notları | |
| Required Course instruments and materials | ||
| Textbook-Course Notes | ||
| Assessment Methods | |||
| Type of Assessment | Week | Hours | Weight(%) |
| mid-term exam | 8 | 1 | 40 |
| Other assessment methods | |||
| 1.Oral Examination | |||
| 2.Quiz | |||
| 3.Laboratory exam | |||
| 4.Presentation | |||
| 5.Report | |||
| 6.Workshop | |||
| 7.Performance Project | |||
| 8.Term Paper | |||
| 9.Project | |||
| final exam | 16 | 1 | 60 |
| Student Work Load | |||
| Type of Work | Weekly Hours | Number of Weeks | Work Load |
| Weekly Course Hours (Theoretical+Practice) | 3 | 14 | 42 |
| Outside Class | |||
| a) Reading | 5 | 14 | 70 |
| b) Search in internet/Library | 0 | ||
| c) Performance Project | 0 | ||
| d) Prepare a workshop/Presentation/Report | 0 | ||
| e) Term paper/Project | 0 | ||
| Oral Examination | 0 | ||
| Quiz | 0 | ||
| Laboratory exam | 0 | ||
| Own study for mid-term exam | 2 | 7 | 14 |
| mid-term exam | 1 | 1 | 1 |
| Own study for final exam | 4 | 7 | 28 |
| final exam | 1 | 1 | 1 |
| 0 | |||
| 0 | |||
| Total work load; | 156 | ||