Course Details

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Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
4ECON202MICROECONOMICS 23+0+03514.05.2025

 
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program ECONOMICS
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course Developing microeconomic theory further with analyses of complex economic systems.
Introducing uncertainty and technology into microeconomic models.
Examining the core concepts of welfare and externalities.
Course Content The course is designed to introduce advanced microeconomic theories at undergraduate level with applications to individual decision making, market supply and demand, market equilibrium, uncertainty, and firm supply. Decision making under uncertainty and the role of technology in production processes are analyzed throughout the course. As an advanced microeconomics course at undergraduate level, discussions on welfare and externalities are also included in the content.
Course Methods and Techniques -
Prerequisites and co-requisities ( ECON201 )
Course Coordinator None
Name of Lecturers Asist Prof.Dr. BURAK KAĞAN DEMİRTAŞ burakkagan.demirtas@agu.edu.tr
Assistants Research Assist. Ayşenur Durak aysenur.durak@agu.edu.tr
Work Placement(s) No

Recommended or Required Reading
Resources
Course Notes 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company.
Assignments -
Exams -

Course Category
Mathematics and Basic Sciences %50
Social Sciences %50

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
In-Term Studies Quantity Percentage
Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı 1 % 15
Quiz/Küçük Sınav 1 % 30
Ödev 1 % 15
Final examination 1 % 40
Total
4
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Ev Ödevi 10 1 10
Sınıf İçi Aktivitesi 14 1 14
Soru Çözümü 14 1 14
Okuma 10 5 50
Araştırma 4 5 20
Derse Devam 14 3 42
Final Sınavı 1 2 2
Total Work Load   Number of ECTS Credits 5 152

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Describe market equilibrium.
2 Analyze uncertainty and preferences under uncertainty.
3 Assess technology and technology with two inputs.
4 Solve profit maximization and cost minimization problems.
5 Evaluate welfare under monopoly.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Market Demand 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
2 Equilibrium 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
3 Technology 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
4 Profit Maximization 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
5 Revealed Preferences 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
6 Slutsky Equation 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
7 Cost Minimization 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
8 Cost Curves 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
9 Firm Supply 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
10 Industry Supply 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
11 Monopoly 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
12 Oligopoly 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
13 Production 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford
14 Welfare and Externalities 1-Varian, H. R. (2014).?Intermediate microeconomics with calculus: a modern approach. WW Norton & Company. 2- The Economy, Economics for a changing world, The core team, Oxford

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 5 5 5 5 5 4 3 4 5 3
C2 5 5 5 5 4 3 3 3 5 3
C3 5 5 4 5 3 2 1 2 5 1
C4 5 5 5 5 3 3 1 2 5 1
C5 5 5 1 4 5 1 3 4 5 1

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant

  
  https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=70486&lang=en
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