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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.
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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 |