1	Course Title:	ADVANCED MICRO ECONOMICS
2	Course Code:	IKT6101
3	Type of Course:	Compulsory
4	Level of Course:	Third Cycle
5	Year of Study:	1
6	Semester:	1
7	ECTS Credits Allocated:	7
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	No Prerequisites
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Prof. Dr. NALAN ÖLMEZOĞULLARI
16	Course Lecturers:
17	Contactinformation of the Course Coordinator:	Prof. Dr. Nalan ÖLMEZOĞULLARI nalano@uludag.edu.tr, Tel: 0224 2941099 Uludağ Üniversitesi, İİBF İktisat Bölümü, 16059 Görükle/BURSA
18	Website:
19	Objective of the Course:	The purpose of this course is to enhance the microeconomic knowledge of students and to improve their techniques of economic analysis.
20	Contribution of the Course to Professional Development	Students who take the course will be able to make economic and technical analysis by learning microeconomic concepts at the education level they are in.

21

Learning Outcomes:

1 Students will learn selected topics in modern microeconomic theory ; 2 Students will be able to apply the microeconomic theories to the analysis of real world economic problems; 3 Students will be able to understand how mathematical methods are used to formalize economic concepts ; 4 Students will be able to explain the impact of alternative business objectives on pricing and output decisions of the firm ; 5 Students will be able to analyze consumer behavior under various assumptions; 6 Students will be able to define production functions indicating different technologies; 7 Students will be able to identify conditions under which a free market outcome can fail to be socially efficient; 8 Students will be able to distinguish the implications of government regulations; 9 Students will be able to conduct independent research on microeconomics; 10 Students will be able to write analytical papers on the main topics covered during the course;

22	Course Content:

Week	Theoretical	Practical
1	Assessment of the Neo Classical Firm Theory
2	Pricing Models in Imperfect Competitive Environment I: Bain's Limit-Pricing Theory
3	Pricing Models in Imperfect Competitive Environment II: Developments in The Theory of Limit-Pricing
4	Managerial Theories of The Firm: Baumol's Theory of Sales Revenue Maximization
5	Managerial Theories of The Firm: Marris's Model of The Managerial Enterprise The Behavioral Model of Cyert and March
6	Contributions to Theory of Consumer Behavior
7	Production Function and Technological Progress
8	Imperfect Competition in Factor Markets
9	Cost of Capital and Investment Decision of Firm
10	Horizontal and Vertical Integration
11	Market Failures I: Imperfect Competition, Allocation Efficiency and X Inefficiency
12	Market Failures II: Externalities, Public Goods and Asymmetric Information
13	General Equilibrium and Welfare Economics
14	Public Intervention to Market Economy and Social Welfare

23	Textbooks, References and/or Other Materials:	Koutsoyiannis A. (1979) Modern Microeconomics (2nd edition) Mcmillan. Snyder C. and W. Nicholson (2008) Microeconomic Theory Basic Principles and Extensions, Tenth Edition, Thomson South Western. Mass-Colell A., M.D. Whinston and Jerry Green, Microeconomic Theory, Oxford Uni. Press, 1995. Şahin, Hüseyin (2012) Mikro İktisat, Ezgi Kitabevi, Bursa. Varian H. R. Intermediate Microeconomics, W.W. Norton Company, New York, 1992. Pindyck R.S. And D. Rubenfield, Microeconomics, Sixth Edition, Pearson Education Int., Prentice Hall, New Jersey, 2005.
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	0	0
Quiz	0	0
Homeworks, Performances	2	20
Final Exam	1	80
Total	3	100
Contribution of Term (Year) Learning Activities to Success Grade		20
Contribution of Final Exam to Success Grade		80
Total		100
Measurement and Evaluation Techniques Used in the Course	open-ended exam
Information

25

ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	3	42
Practicals/Labs	0	0	0
Self Study and Preparation	15	4	60
Homeworks, Performances	2	25	50
Projects	0	0	0
Field Studies	0	0	0
Midtermexams	0	0	0
Others	1	10	10
Final Exams	1	54	54
Total WorkLoad			216
Total workload/ 30 hr			7,2
ECTS Credit of the Course			7

26	CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 LO1 5 5 4 4 4 4 3 3 4 4 3 LO2 5 5 4 4 4 4 3 3 4 4 3 LO3 5 5 4 4 4 4 3 3 4 4 3 LO4 5 5 4 4 4 4 3 3 4 4 3 LO5 5 5 4 4 4 4 3 3 4 4 3 LO6 5 5 4 4 4 4 3 3 4 4 3 LO7 5 5 4 4 4 4 3 3 4 4 3 LO8 5 5 4 4 4 4 3 3 4 4 3 LO9 5 5 4 4 4 5 3 3 4 5 3 LO10 5 5 4 4 4 5 3 3 4 5 3

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High