| Semester | Course Unit Code | Course Unit Title | T+P+L | Credit | Number of ECTS Credits |
| 3 | ECON201 | MICROECONOMICS I | 3+0+0 | 3 | 5 |
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Language of Instruction
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English
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Level of Course Unit
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Bachelor's Degree
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Department / Program
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ECONOMICS
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Type of Program
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Formal Education
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Type of Course Unit
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Compulsory
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Course Delivery Method
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Face To Face
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Objectives of the Course
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Developing an intermediate understanding of the functioning of markets.
Introducing consumer and producer theories.
Analyzing the core concepts of demand, cost, utility and preferences.
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Course Content
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The course is designed as an introduction to microeconomic theory at undergraduate level. Mainly, a framework for understanding fundamental theories on individuals’ economic actions and decisions, basic production and consumption theories, and equilibrium concepts are introduced throughout the course with timely references to real time examples. In the final section of the course, market demand and equilibrium are examined as an introduction to more advanced topics.
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Course Methods and Techniques
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Prerequisites and co-requisities
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( ECON101 )
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Course Coordinator
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None
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Name of Lecturers
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Asist Prof.Dr. Burak Kağan DEMİRTAŞ
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Assistants
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None
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Work Placement(s)
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No
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Recommended or Required Reading
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Resources
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TBA
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-Varian, H. R. (2014). Intermediate microeconomics with calculus: a modern approach. WW Norton & Company.
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Course Category
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Mathematics and Basic Sciences
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%10
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Social Sciences
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%90
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Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
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In-Term Studies
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Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı
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1
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%
10
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Quiz/Küçük Sınav
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1
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%
30
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Ödev
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1
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%
20
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Final examination
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1
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%
40
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Total
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4
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%
100
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ECTS Allocated Based on Student Workload
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Activities
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Total Work Load
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Ara Teslim ve Jüri
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1
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3
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3
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Tartışma
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14
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1
|
14
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Yazılı Sınav
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1
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3
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3
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Grup Projesi
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1
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5
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5
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Ev Ödevi
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1
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10
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10
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Soru Çözümü
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2
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14
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28
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Okuma
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14
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1
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14
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Ders dışı çalışma
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14
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2
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28
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Yüz Yüze Ders
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14
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3
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42
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Final Sınavı
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1
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3
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3
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Total Work Load
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Number of ECTS Credits 5
150
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Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
| No | Learning Outcomes |
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1
| Describe markets with their functionings |
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2
| Illustrate basic applications of consumer and production theories |
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3
| Examine axioms of preferences, marginal rate of substitution and Slutsky equation |
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4
| Analyze market demand and equilibrium |
Weekly Detailed Course Contents
| Week | Topics | Study Materials | Materials |
| 1 |
The market
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| 2 |
Budget Constraint
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| 3 |
Preferences and Choice
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| 4 |
Demand
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| 5 |
Revealed Preferences
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| 6 |
Slutsky Equation
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| 7 |
Mid-term
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| 8 |
Buying and selling- I
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| 9 |
Buying and selling-II
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| 10 |
Intertemporal choice
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| 11 |
Consumer Surplus
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| 12 |
Market Demand an Equilibrium- I
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| 13 |
Market Demand an Equilibrium-II
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| 14 |
Market Demand an Equilibrium-III
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Contribution of Learning Outcomes to Programme Outcomes
Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant
https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=70479&lang=en