Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İKT-611 - ECONOMICS (PhD)

Code: İKT-611 Course Title: REGULATION AND ECONOMICS OF COMPETITION Theoretical+Practice: 3+0 ECTS: 6
Year/Semester of Study 1 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Optional
Department ECONOMICS (PhD)
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
This course aims to introduce students to the company, is to teach the methods of microeconomics at the highest level of production and market-oriented problem solving.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 can be able to solve the profit maximization and cost minimization problem PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other’s and how to make decision.
PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
Examination
LO-2 can be able to compare.full-competitive, monopolistic, oligopolistic markets PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
PO-10 have ability on modeling the economic theories mathematically.
Examination
LO-3 can have advanced knowledge about the different structure of firms in the industry PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
Examination
LO-4 PO-6 have ability on examining and analyzing the effects of economic policies.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
This course focuses on the supply side of the market. Courses you first start with the basic movements and monitor the firm's profit maximization to achieve this through the cost of production due to the cost function enazl up. Behavior of firms in different market structures on these results are discussed. It first starts by examining the movement in the market in a fully competitive and monopoly. Monopolistic competition and oligopolistic market structures and subsequently analyzed. Oligopolistic market structure between companies is brief introduction to game theory to examine the strategic relationship.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 The Scope and Method of Economics Explanation
2 The Economic Problem: Scarcity and Choice Explanation
3 Demand, Supply, and Market Equilibrium Explanation
4 Demand, Supply, and Market Equilibrium Explanation
5 Demand and Supply Applications and Flexibility Explanation
6 Household Behavior and Consumer Choice Explanation
7 Household Behavior and Consumer Choice Explanation
8 mid-term exam
9 Production Process: The Behavior of Profit Company under Profit Maximisation Explanation
10 Short-Term Costs and Output Decisions Explanation
11 Short-Term Costs and Output Decisions Explanation
12 Long-Term Costs and Output Decisions Explanation
13 General Equilibrium and Full Efficient Competition Explanation
14 Monopoly and Anti-Monopoly Policy Explanation
15 Preperation for final exam Explanation
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Case, Karl; Fair, Ray; and Oster, Sharon; Principles of Economics with MyEconLab Student Access Card, Pearson – Prentice Hall, 10th edition, 2012
Required Course instruments and materials
Lesson book

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 6 13 78
       b) Search in internet/Library 4 8 32
       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 5 15
mid-term exam 1 1 1
Own study for final exam 3 5 15
final exam 1 1 1
0
0
Total work load; 184