Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

FACULTY OF ECONOMICS & ADMINISTRATIVE SCIENCES / İKT223 - ECONOMICS

Code: İKT223 Course Title: GAME THEORY Theoretical+Practice: 3+0 ECTS: 4
Year/Semester of Study 2 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Optional
Department ECONOMICS
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer ŞÜKRÜ APAYDIN (sukruapaydin@nevsehir.edu.tr)
Name of Lecturer(s) ŞÜKRÜ APAYDIN,
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
The course aims to give students intermediate level treatment of the microeconomic methods to solve firm / production / market specific issues.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Evaluate advance microeconomic modelling methods. PO-1 have information about basic economic topics and indicators.
Examination
LO-2 Develop problem solving experience for various microeconomic issues. PO-6 have ability on examining and analyzing the effects of economic policies.
Examination
LO-3 Explain firm behavior in different market structures. PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
Examination
LO-4 Analyze welfare implications of different industrial organizations. PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision.
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
The course will focus on the supply side of the market. It will start focusing on the basic behavior of the firm, profit maximization and cost minimization to achieve the total cost of production. Building on these results firm behavior in different market settings the market behavior in various settings, starting with the two extreme cases: perfectly competitive markets and monopoly, and then move to intermediate cases, monopolistic competition and oligopoly will be examined. For understanding of the strategic interaction of firms in Oligopolistic market a brief introduction to game theory will be provided.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 Technology Lecturing
2 Profit Maximization Lecturing
3 Cost Minimization Lecturing
4 Cost Minimization Lecturing
5 Cost Curves Lecturing
6 Firm Supply Lecturing
7 Industry Supply Lecturing
8 mid-term exam
9 Monopoly Lecturing
10 Monopoly Lecturing
11 Monopoly Behavior Lecturing
12 Game Theory Lecturing
13 Game Theory Lecturing
14 Game Theory Lecturing
15 Game Theory Lecturing
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Hal. R. Varian (2003) Intermediate Microeconomics A Modern Approach. W.W. Norton & Company.
Required Course instruments and materials
Hal. R. Varian (2003) Intermediate Microeconomics A Modern Approach. W.W. Norton & Company.

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 7 21
mid-term exam 1 1 1
Own study for final exam 4 7 28
final exam 1 1 1
0
0
Total work load; 121