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Course Title: |
MICRO ECONOMICS |
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Course Code: |
IKT1204 |
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Type of Course: |
Compulsory |
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Level of Course: |
First Cycle |
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Year of Study: |
1 |
6 |
Semester: |
2 |
7 |
ECTS Credits Allocated: |
5 |
8 |
Theoretical (hour/week): |
3 |
9 |
Practice (hour/week) : |
0 |
10 |
Laboratory (hour/week) : |
0 |
11 |
Prerequisites: |
None |
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Recommended optional programme components: |
None |
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Language: |
Turkish |
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Mode of Delivery: |
Face to face |
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Course Coordinator: |
Prof. Dr. NALAN ÖLMEZOĞULLARI |
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Course Lecturers: |
Doç. Dr. Filiz ERYILMAZ Doç. Dr. Mikail KAR |
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Contactinformation of the Course Coordinator: |
Prof.Dr. Nalan ÖLMEZOĞULLARI nalano@uludag.edu.tr, +902242941074, Uludağ Üniversitesi,Görükle Kampüsü,İİBF, Dekanlık 4. Kat, Nilüfer, Bursa, TÜRKİYE |
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Website: |
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Objective of the Course: |
To be able to analyse the economic effects of integrations between economies on national and international levels. |
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Contribution of the Course to Professional Development |
The student taking the lesson; gains knowledge of basic economic concepts and gains an economic perspective. |
Week |
Theoretical |
Practical |
1 |
Consumer Behavior and Factors Affecting |
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2 |
Demand Function and Demand Elasticity |
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3 |
Production Function and Law of Diminishing Returns and Producer Behavior: Isoquant Curves and Optimal Input Combination |
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4 |
The Costs of Production: Short and Long Run Cost Curves and Economies of Scale |
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5 |
Supply Function and Supply Elasticity |
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6 |
Competitive Market Equilibrium |
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Short and Long Run Equilibrium of the Firm Under Perfect Competition |
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8 |
Monopoly, Monopoly Price Discrimination and Monopolistic Competition |
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Oligopoly: Non-Collusive Models |
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10 |
Oligopoly: Cartel and Price Leadership |
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11 |
Criticism of Neoclassical Firm Theory |
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12 |
Input Markets: Input Demand |
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13 |
Input Markets: Labor Supply and Wages |
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14 |
Interest, Rent and Profit and General Equilibrium |
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