Course Language:
Fransızca
Course Objectives:
| The main goal of the Economics course is to ensure that students recognize, understand and interpret the basic concepts and main issues in economics. |
Course Content:
| Economics analyse the behaviour of households and firms, as well as the pricing of different products in different markets. In this course, consumer and producer theory, perfectly competitive markets, imperfectly competitive markets, general equilibrium, public goods and externalities are examined in-depth. |
Course Methodology:
1: Lecture, 2: Question-Answer, 3: Discussion, 9: Simulation, 12: Case Study
Course Evaluation Methods:
A: Testing, C: Homework
Vertical Tabs
Course Learning Outcomes
| Learning outcomes | Program Learning Outcomes | Teaching & Learning Methods | Asssesments Methods | ||
| 1) Learn to use the basic concepts and tools related to the functioning of the economic system. | 1,2,3,4,6,7,8,9 | 1,2,3,9,12 | A,C,Q | ||
| 2) Understand the basic concepts and theoretical foundations of economics. | 1,2,3,4,6,7,8,9 | 1,2,3,9,12 | A,C,Q | ||
| 3) Have the ability to understand the objectives of the economic policies and necessary tools to implement these policies. | 1,2,3,4,6,7,8,9 | 1,2,3,9,12 | A,C,Q | ||
| 4) Have the ability and perspective to apprehend and criticize basic economic models, new approaches and theories. | 1,2,3,4,6,7,8,9 | 1,2,3,9,12 | A,C,Q | ||
| 5) Have the ability to follow, understand and analyse developments related to the world economy and the Turkish economy. | 1,2,3,4,6,7,8,9 | 1,2,3,9,12 | A,C,Q | ||
Course Flow
| Week | Topics | |
| 1 | Context and method of microeconomics, definition of principal concepts | |
| 2 | Budget constraint of consumer, consumer preferences, demand functions and the concepts of income and substitution effects | |
| 3 | Consumer preferences, utility function, concepts of consumer surplus and intertemporal choices. | |
| 4 | Production and costs, production function, cost function and firm behaviour. | |
| 5 | Characteristics of perfect competition | |
| 6 | Short and long term equilibrium of a perfectly competitive market | |
| 7 | MIDTERM EXAM | |
| 8 | Introduction to imperfectly competitive markets | |
| 9 | Monopoly | |
| 10 | Oligopoly | |
| 11 | Monopolistic competition market | |
| 12 | Economic equilibrium analysis | |
| 13 | Concepts of optimum distribution, optimum production and social benefit | |
| 14 | Externalities, public goods and government intervention | |
| 15 | Conclusion | |
| 16 | FINAL EXAM | |
Recommended Sources
| RECOMMENDED SOURCES | |||
| Textbook | Joseph E. Stiglitz, Carl E. Walsh, Jean-Dominique Lafay, Principes d’économie moderne, DeBoeck Supérieur, 2007. | ||
| Additionnal Resources | Parkin, M. .,R. Bade et P. Gonzalez, Introduction à la microéconomie moderne, Éditions du renouveau pédagogique, 4e édition, 2010.
Pindyck, R.S.; Rubinfeld, D.L. Microeconomics, 4nd edition, Macmillan, 1997. Gauthier, G.; Leroux, F. Microéconomie, 2e édition, G. Morin, 1988. François Leroux, Micro-économie: Exercices et corrigés, Presses de l'Université de Montréal, 1990 Jacques Généreux, Introduction à l’économie, Éditions du Seuil, 2001. Solberg, E.J. Microeconomics for Business Decisions, D.C. Heath and Company, 1992. |
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Material Sharing
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Documents |
Several papers related to the aforementioned subjects |
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Assignments |
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Exams |
Course material |
Assessment
| ASSESSMENT | ||||
| IN-TERM STUDIES | NUMBER | PERCENTAGE | ||
| Mid-terms | 1 | 100 | ||
| Quizzes | 0 | 0 | ||
| Assignment | 0 | 0 | ||
| Total | 100 | |||
| CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADES | 60 | |||
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADES | 40 | |||
| Total | 100 | |||
| COURSE CATEGORY | Core | |||
Course’s Contribution to Program
| COURSE'S CONTRIBUTION TO PROGRAM | ||||||
| No | Program Learning Outcomes | Contribution | ||||
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Students gain written and oral expression skills in French and Turkish languages at a level to follow the developments in the international arena. | X | ||||
| 2 | Students can learn Turkey's political and social structure, the position of Turkey in the international system and can learn to defend their views on this issue. | X | ||||
| 3 | Students can develop creative and analytical thinking and research skills based on collaboration and group work. | X | ||||
| 4 | Understands and uses the basic concepts and theories of disciplines such as law, economics and sociology | X | ||||
| 5 | Students participate in social responsibility projects and activities and gain awareness of social problems. | X | ||||
| 6 | Students understand the scientific thinking skill using research methods in social sciences, make an oral presentation and write a dissertation. | X | ||||
| 7 | Students evaluate the knowledge and skills related to the field and can be open to professional development. | X | ||||
| 8 | Students can learn the structure of national and international institutions, understands their functioning, and creates solutions to problems by using the concepts and theories of its field. | X | ||||
| 9 | Students internalize the concepts of social justice and the universality of law, understand the importance of social development and global competition, and analyze the similarities and differences between political systems. | X | ||||
ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | ||||
| Activities | Quantity | Duration (Hour) | Total Workload (Hour) | |
| Course duration ( Including the exam week; 16* Total course hours) | 15 | 3 | 45 | |
| Hours for off the classroom study (Pre-study, practice) | 15 | 3 | 45 | |
| Mid-terms | 1 | 25 | 25 | |
| Quiz | 1 | 10 | 10 | |
| Homework | 1 | 15 | 15 | |
| Final | 1 | 35 | 35 | |
| Total Workload | 175 | |||
| Total Workload / 25 (h) | 7 | |||
| ECTS Credit of the Course | 7 | |||
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