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
- Students become able to examine microeconomic theory, which is the basic analysis tool of economics, with its mathematical foundations.
- Students can follow the current literature on microeconomics.
- Students acquire the necessary notion of economics in order to produce original studies in the field of economics.
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
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 3 | 48 |
| Midterm | 1 | 15 | 15 |
| Quiz | 1 | 10 | 10 |
| Assignment | 1 | 1 | 1 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 5 | 5 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction, Mathematical Information | Course Notes |
| 2 | Consumer Theory | Jehle and Reny (1-28) |
| 3 | Consumer Theory | Jehle and Reny (28-72) |
| 4 | Consumer Theory | Jehle and Reny (73-96) |
| 5 | Choice Under Uncertainty | Jehle ve Reny (97-124) |
| 6 | Firm Theory | Jehle and Reny (125-162) |
| 7 | Partial Balance | Jehle ve Reny (165-194) |
| 8 | Midterm | - |
| 9 | General Balance | Jehle and Reny (236-266) |
| 10 | General Balance | |
| 11 | Social Choice | Jehle and Reny (267-302) |
| 12 | Game Theory | Jehle and Reny (305-378), Mas-Colell et al (217-295) |
| 13 | Game Theory | Jehle and Reny (305-378), Mas-Colell et al (217-295) |
| 14 | Knowledge Economy | Jehle and Reny (379-426) |
| 15 | Final | Final |