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| Year/Semester of Study | 1 / Spring Semester | ||||
| Level of Course | 2nd Cycle Degree Programme | ||||
| Type of Course | Compulsory | ||||
| Department | ECONOMICS (MA-WITH THESIS) | ||||
| Pre-requisities and Co-requisites | None | ||||
| Mode of Delivery | Face to Face | ||||
| Teaching Period | 14 Weeks | ||||
| Name of Lecturer | SERDAR ÖZTÜRK (serdarozturk@nevsehir.edu.tr) | ||||
| Name of Lecturer(s) | |||||
| Language of Instruction | Turkish | ||||
| Work Placement(s) | None | ||||
| Objectives of the Course | |||||
| The purpose of this course, the goods and factor markets is a detailed analysis of the different interactions. | |||||
| Learning Outcomes | PO | MME | |
| The students who succeeded in this course: | |||
| LO-1 | Microeconomic Theory and hypotheses to explain the basic concepts and the ability to understand and develop graphic |
PO-5 have upper explanation ability on the effects of economy policies on individuals and firms under the principles which are dominating economy. |
Examination |
| LO-2 | can make further investigation on the interactions in markets |
PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other’s and how to make decision. |
Examination |
| LO-3 | Tracks and analyze the current developments in the competitive structure of the different sectors and markets |
PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis. |
Examination |
| LO-4 | Forecasts for the future by using real data with certain characteristics of a firm or a producer group |
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 | ||
| In this course, the perfectly competitive market, imperfectly competitive markets, factor markets, general equilibrium and efficiency, market failure is examined. | ||
| Weekly Course Content | ||
| Week | Subject | Learning Activities and Teaching Methods |
| 1 | Perfectly competitive market | lectures, discussion |
| 2 | monopoly market | lectures, discussion |
| 3 | monopolistic competition market | lectures, discussion |
| 4 | Oligopoly Markets: Traditional Theories of Oligopoly | lectures, discussion |
| 5 | Oligopoly Markets: Modern Theories of Oligopoly | lectures, discussion |
| 6 | Agreements between firms | lectures, discussion |
| 7 | Entry and exits in industries | lectures, discussion |
| 8 | mid-term exam | |
| 9 | Pricing based on market power | lectures, discussion |
| 10 | Pricing based on market power | lectures, discussion |
| 11 | Pricing based on market power in practice | lectures, discussion |
| 12 | Asymmetric information and market | lectures, discussion |
| 13 | Factor Markets: The Factor Supply | lectures, discussion |
| 14 | Factor Markets: The Factor Demand | lectures, discussion |
| 15 | General Equilibrium and Welfare | lectures, discussion |
| 16 | final exam | |
| Recommend Course Book / Supplementary Book/Reading | ||
| 1 | Erdal Ünsal, Mikroekonomi (2011) | |
| 2 | as-Colell, A., M. D. Whinston, and J. R. Green, Oxford, Microeconomic Theory, Oxford University Press, Oxford | |
| Required Course instruments and materials | ||
| 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 | 2 | 14 | 28 |
| 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 | 3 | 14 | 42 |
| mid-term exam | 1 | 1 | 1 |
| Own study for final exam | 3 | 14 | 42 |
| final exam | 1 | 1 | 1 |
| 0 | |||
| 0 | |||
| Total work load; | 156 | ||