Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

INSTITUTE OF SOCIAL SCIENCES / İKT-504 - ECONOMICS (MA-WITH THESIS)

Code: İKT-504 Course Title: ADVANCED MICROECONOMICS II Theoretical+Practice: 3+0 ECTS: 5
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

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