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IEC 523 - Advanced Microeconomics

Graduate Education Institute · Islamic Economics and Finance (English) · Master

ECTS: 7.5 T+P+L: 3+0+0 Departmental Elective
Coordinator:

Course Objective

This course, in which microeconomic theory is studied at the graduate level, aims to provide students with in-depth knowledge of major areas such as consumer theory, choice, choice, producer theory, market structures, welfare economics, general equilibrium, game theory, social choice and mechanism design.

Course Content

The content of this course includes topics related to optimization, consumer theory, producer theory, markets, general equilibrium, game theory, social choice and mechanism design.

Course Learning Outcomes

  1. To able to understand the mathematical foundations of micro economic theory
  2. To be able to follow the current literature on microeconomics
  3. To acquire the economic notions to produce genuine studies

Core Area Distribution

(34) Business and Administration%100

Teaching Methods

ExpressionPresentation

Assessment & Evaluation

Testing (Essay / Tests: True-Falls, multiple-choice, short answer, matching)

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)16348
Out of Class Study Period167112
Midterm11515
Quiz11010
Assignment111
Practice000
Final155

Course Schedule

WeekSubjectPreparation
1Introduction, Mathematical Information
2Consumer Theory
3Consumer Theory
4Consumer Theory
5Choice Under Uncertainty
6Firm Theory
7
8Midterm-
9General Balance
10General Balance
11Social Choice
12Game Theory
13Game Theory
14Knowledge Economy
15FinalFinal