INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of International Relations and European Studies
2014-2015
| SYLLABUS |
| Code |
Name |
Level |
Year |
Semester |
| FES 201 |
Microeconomics |
Undergraduate |
2 |
Fall |
| Status |
Number of ECTS Credits |
Class Hours Per Week |
Total Hours Per Semester |
Language |
|
5 |
|
48 |
|
| Instructor |
Assistant |
Coordinator |
| Nataša TANDIR, Assist. Prof. Dr. |
|
Erkan ILGÜN, Assoc. Prof. Dr. |
| [email protected] |
|
no email |
| COURSE OBJECTIVE |
| This course is designed as a comprehensive overview of intermediate Microeconomic Theory. It covers a number of topics including consumer and demand theory, firm, production and cost theory, the theory of competitive markets, imperfect competition, welfare economics, choice under uncertainty, asymmetric information and externalities/public goods. All analysis conducted in the course relies on graphical and algebraic techniques. Examples used in class, readings and discussion sections will demonstrate the applicability of the models covered in class to topics with an international dimension, such as the setting of tariffs, cartel behavior and international trade. Calculus is employed throughout. |
| COURSE CONTENT |
- Supply- Demand / Elasticity
- A Consumer’s Constrained Choice
- Applying Consumer Theory
- Firms and Production
- Costs
- Competitive Firms and Markets /
- Applications of the Competitive Model
- Mid//Term
- General Equilibrium and Economic Welfare
- Monopoly
- Oligopoly and Monopolistic Competition
- Game Theory
- Uncertainty
- Externalities
- Assymetric Information / Contracts and Moral Hazard
|
| LABORATORY/PRACTICE PLAN |
- Supply- Demand / Elasticity
- A Consumer’s Constrained Choice
- Applying Consumer Theory
- Firms and Production
- Costs
|
- Competitive Firms and Markets /
- Applications of the Competitive Model - Mid-term Preperation
- Mid-term
- General Equilibrium and Economic Welfare
- Monopoly
- Oligopoly and Monopolistic Competition
- Game Theory
- Uncertainty
- Externalities
- Assymetric Information / Contracts and Moral Hazard - Tinal Exam Preparation
|
| Description |
- Lectures
- Practical Sessions
- Excersises
- Presentation
|
| Description (%) |
| Midterm Exam(s) | 1 | 35 | | Presentation | 1 | 15 | | Final Exam | 1 | 50 |
|
| TEXTBOOK(S) |
- Perloff, J. M.: Microeconomics, Pearson Addison Wesley, 5th Edition, 2009
|
| ECTS (Allocated based on student) WORKLOAD |
| Lecture (14 weeks x Lecture hours per week) | 14 | 3 | 42 | | Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) | | | 0 | | Midterm Examination (1 week) | 1 | 1 | 1 | | Final Examination(1 week) | 1 | 1 | 1 | | Preparation for Midterm Examination | 1 | 2 | 2 | | Preparation for Final Examination | 1 | 2 | 2 | | Assignment / Homework/ Project | | | 0 | | Seminar / Presentation | | | 0 |
|