Nevşehir Hacı Bektaş Veli University Course Catalogue
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| Year/Semester of Study | 2 / 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 | SERAP ÇOBAN (seraps@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 | can express what economists mean by the concept of scarcity. |
PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries. PO-3 have information about the reasons and results of transition that take place in economics |
Examination |
| LO-2 | can identify 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-10 have ability on modeling the economic theories mathematically. |
Examination |
| LO-3 | can apply the knowledge of basic economic concepts such as opportunity cost, elasticity, economic profit and marginal analysis. |
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-5 have upper explanation ability on the effects of economy policies on individuals and firms under the principles which are dominating economy. |
Examination |
| LO-4 | can determine the preferences providing consumer balance considering different approaches. |
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-10 have ability on modeling the economic theories mathematically. |
Examination |
| LO-5 | can explain the functions of short-and long-term production. |
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. |
Examination |
| LO-6 | can explain the difference between short-and long-term production costs. |
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-10 have ability on modeling the economic theories mathematically. |
Examination |
| PO: Programme Outcomes MME:Method of measurement & Evaluation |
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| 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 | Basic Concepts: Types of Goods and Services, Economic Issue, Production Opportunities Curve | Lecturing-Lecturing-Drawing Graph |
| 2 | Functioning of Perfect Competition: Supply | Lecturing-Drawing Graph |
| 3 | Functioning of Perfect Competition: Supply | Lecturing-Drawing Graph |
| 4 | Functioning of Perfect Competition: Elasticities of Supply and Demand | Lecturing-Drawing Graph-Solving Problem |
| 5 | *Equilibrium in Perfect Competition and Changing Equilibrium *State Intervention in the Market: Price Ceiling- Price Floor | Lecturing-Drawing Graph-Solving Problem |
| 6 | Consumer Theory: Cardinal Utility Theory | Lecturing-Drawing Graph-Solving Problem |
| 7 | Consumer Theory: Ordinal Utility Theory | Lecturing-Drawing Graph-Solving Problem |
| 8 | mid-term exam | |
| 9 | Consumer Theory: Approaches of Hicks and Slutsky | Lecturing-Drawing Graph-Solving Problem |
| 10 | Producer Theory: Short Term Production Function | Lecturing-Drawing Graph-Solving Problem |
| 11 | Producer Theory: Long Term Production Function | Lecturing-Drawing Graph-Solving Problem |
| 12 | Producer Theory: Elasticity of Substitution and Production Functions | Lecturing-Drawing Graph-Solving Problem |
| 13 | Cost Theory: Short Term Costs | Lecturing-Drawing Graph-Solving Problem |
| 14 | Cost Theory: Long Term Costs | Lecturing-Drawing Graph-Solving Problem |
| 15 | General Overview | Lecturing- Question&Answer |
| 16 | final exam | |
| Recommend Course Book / Supplementary Book/Reading | ||
| 1 | Erdal Ünsal, Mikro İktisat, Bb101 Yayınları, 2014. | |
| 2 | Ders Notları | |
| 3 | Zeynel Dinler, Mikro Ekonomi, Ekin Yayınları, 2017. | |
| Required Course instruments and materials | ||
| Teztbooks-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 | 4 | 12 | 48 |
| b) Search in internet/Library | 1 | 6 | 6 |
| 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 | 1 | 1 | 1 |
| 0 | |||
| 0 | |||
| Total work load; | 138 | ||