Lesson plan / INTRODUCTION TO MICROECONOMICS-I

Lesson Information

Course Credit 3.0
Course ECTS Credit 6.0
Teaching Language of Instruction Türkçe
Level of Course Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course Compulsory
Mode of Delivery Face-to-face
Does the course require compulsory or optional work experience? Z
Course Coordinator
Instructor (s) Assist. Prof. Dr. BEYHAN HİLAL YASLIDAĞ
Course Assistant

Purpose and Content

The aim of the course The goal of this fundamental course is to present to students the basic economic concepts. The students comprehend the relations between households, firms and industries.
Course Content The contents of the course is constituted by topics on the principles of economics, markets and how they operate, markets and welfare, economics and the public sector, firm behavior and industrial organization, factors market and consumer preferences.

Weekly Course Subjects

1Introduction, basic concepts and basic principles.
2The Market Forces of Supply and Demand.
3Elasticity and Its Application.
4Supply, Demand, and Government Policies.
5Consumers, Producers, and the Efficiency of Markets.
6Externalities, Public Goods and Common Resources, The Design of the Tax System.
7The Costs of Production.
8Firms in Competitive Markets.
9Midterm exam
10Monopoly, Monopolistic Competition.
11Oligopoly.
12The Markets for the Factors of Production.
13The Theory of Consumer Choice.
14Review.

Resources

1. Ali Özgüven, Ekonomiye Giriş, İstanbul, 2009.
2. Principles of Economics, Gregory Mankiw, Published by South Western, 2007.