Faculty of Business and Management Sciences · Business Administration · Undergraduate
Required Resources
- Begg, Vernasca, Fischer and Dornbush, Economics, 11th Edition, McGraw-Hill Education, 2014.
Recommended Resources
- Case, Fair and Oster, Principles of Economics, 11th Edition, Pearson, 2014.
- Zeynel Dinler, İktisada Giriş, Ekin Basım Yayın Dağıtım, 2014.
Explanations
Attendance is considered an essential aspect of this course. The material covered in lectures will be a subject of evaluation, and while some topics are available in the textbook, others are exclusive to the lectures. Hence, students are strongly recommended to attend all class meetings regularly and on time. Your punctuality is not only expected but also appreciated.
Rules
This course has a zero-tolerance policy for cheating and plagiarism. Students found engaging in such behavior will face severe consequences, including course failure and disciplinary actions. Cheating involves deceit, fraud, or dishonesty, especially during examinations, while plagiarism is the misrepresentation of someone else’s work as your own.
Course Learning Outcomes
- Students will be able to understand introductory microeconomic theory.
- Students will be able to define the main concepts of microeconomics.
- Students will understand how consumers make their consumption choices.
- Students will learn how firms make their production decision under different market structures.
- The student can explain the issues of market functioning and balancing in the economy.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 14 | 3 | 42 |
| Out of Class Study Period | 14 | 2 | 28 |
| Midterm | 1 | 20 | 20 |
| Quiz | 2 | 5 | 10 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 25 | 25 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction to Course | Chapter 1 (Begg, 2014) |
| 2 | Economics and the Economy | Chapter 1 (Begg, 2014) |
| 3 | Tools of Economic Analysis | Chapter 2 (Begg, 2014) |
| 4 | Demand, Supply, and the Market | Chapter 3 (Begg, 2014) |
| 5 | Demand, Supply, and the Market | Chapter 3 (Begg, 2014) |
| 6 | Elasticities of Demand and Supply | Chapter 4 (Begg, 2014) |
| 7 | Elasticities of Demand and Supply | Chapter 4 (Begg, 2014) |
| 8 | Midterm Exam | Study for Exam |
| 9 | Consumer Choice and Demand Decisions | Chapter 5 (Begg, 2014) |
| 10 | Introducing Supply Decisions | Chapter 6 (Begg, 2014) |
| 11 | Costs and Supply | Chapter 7 (Begg, 2014) |
| 12 | Perfect Competition and Pure Monopoly | Chapter 8 (Begg, 2014) |
| 13 | Perfect Competition and Pure Monopoly | Chapter 8 (Begg, 2014) |
| 14 | Market Structure and Imperfect Competition | Chapter 9 (Begg, 2014) |
| 15 | Market Structure and Imperfect Competition | Chapter 9 (Begg, 2014) |
| 16 | Final Exam | Study for Exam |