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Year/Semester of Study | 1 / Fall Semester | ||||
Level of Course | 1st Cycle Degree Programme | ||||
Type of Course | Compulsory | ||||
Department | BANKING AND FINANCE | ||||
Pre-requisities and Co-requisites | None | ||||
Mode of Delivery | Face to Face | ||||
Teaching Period | 14 Weeks | ||||
Name of Lecturer | ANIL BÖLÜKOĞLU (anil.bolukoglu@nevsehir.edu.tr) | ||||
Name of Lecturer(s) | |||||
Language of Instruction | Turkish | ||||
Work Placement(s) | None | ||||
Objectives of the Course | |||||
This course aims to teach students basic subjects of microeconomics detailed, behaviours of consumers and firms and to understand the results of basic markets in terms of consumer and society welfare. |
Learning Outcomes | PO | MME | |
The students who succeeded in this course: | |||
LO-1 | Be able to express what economists mean by the concept of scarcity. |
PO-15 Gains knowledge of basic concepts and economic indicators in economic issues. PO-16 Have the theoretical and practical level of knowledge necessary to analyze how decision units, consumers, and companies in an economy make decisions and how they affect each other in the market. PO-17 Have basic information about the rules of economic relations between individuals, markets, and countries. |
Examination |
LO-2 | Be able to identify the determinants of demand and supply. |
PO-15 Gains knowledge of basic concepts and economic indicators in economic issues. PO-16 Have the theoretical and practical level of knowledge necessary to analyze how decision units, consumers, and companies in an economy make decisions and how they affect each other in the market. PO-17 Have basic information about the rules of economic relations between individuals, markets, and countries. |
Examination |
LO-3 | Be able to apply the knowledge of basic economic concepts such as opportunity cost, elasticity, economic profit and marginal analysis. |
PO-15 Gains knowledge of basic concepts and economic indicators in economic issues. PO-16 Have the theoretical and practical level of knowledge necessary to analyze how decision units, consumers, and companies in an economy make decisions and how they affect each other in the market. PO-17 Have basic information about the rules of economic relations between individuals, markets, and countries. |
Examination |
PO: Programme Outcomes MME:Method of measurement & Evaluation |
Course Contents | ||
Supply and Demand, Elasticities of Supply and Demand, Price-Output-Market Equilibrium, Market Intervention, Consumer Choices, Consumer Behaviours and Individual Demand, Production Theory, Cost Theory | ||
Weekly Course Content | ||
Week | Subject | Learning Activities and Teaching Methods |
1 | Introduction | Oral, graphical and mathematical lecturing |
2 | Market Equilibrium | Oral, graphical and mathematical lecturing |
3 | Elasticity | Oral, graphical and mathematical lecturing |
4 | Economic Efficiency and Role of Government | Oral, graphical and mathematical lecturing |
5 | Consumption Theory | Oral, graphical and mathematical lecturing |
6 | Production Theory | Oral, graphical and mathematical lecturing |
7 | Production Expenditures | Oral, graphical and mathematical lecturing |
8 | mid-term exam | |
9 | Perfect Equilibrium | Oral, graphical and mathematical lecturing |
10 | Monopoly | Oral, graphical and mathematical lecturing |
11 | Monopolistic Competition | Oral, graphical and mathematical lecturing |
12 | Oligopoly | Oral, graphical and mathematical lecturing |
13 | Factor Markets | Oral, graphical and mathematical lecturing |
14 | Market Failures | Oral, graphical and mathematical lecturing |
15 | Income Distribution | Oral, graphical and mathematical lecturing |
16 | final exam | |
Recommend Course Book / Supplementary Book/Reading | ||
1 | Yalta, A. Yasemin, and Abdullah Talha Yalta. "Modern Mikroekonomiye Giriş." (2019). | |
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 | 5 | 10 |
b) Search in internet/Library | 1 | 5 | 5 |
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 | 4 | 5 | 20 |
mid-term exam | 1 | 1 | 1 |
Own study for final exam | 4 | 5 | 20 |
final exam | 2 | 1 | 2 |
0 | |||
0 | |||
Total work load; | 100 |