Microeconomics III(ECON216)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| ECON216 | Microeconomics III | 4 | 3 | 0 | 0 | 3 | 6 |
| Prerequisites | ECON215 |
| Admission Requirements | ECON215 |
| Language of Instruction | French |
| Course Type | Compulsory |
| Course Level | Bachelor Degree |
| Course Instructor(s) | Mustafa ULUS mulus@gsu.edu.tr (Email) |
| Assistant | |
| Objective | -The aim of this course is to elaborate on the basic microeconomic concepts covered in previous courses and to further develop conceptual reasoning that can be applied to a variety of decision-making and public policy issues. |
| Content | - The course consists of two main parts. The first part covers some of the distortions and inefficiencies of the competitive market. The second part focuses on strategic thinking and imperfect competition. |
| Course Learning Outcomes | |
| Teaching and Learning Methods | Course and recitation |
| References |
Thomas Necyhba, “Microeconomics: An Intuitive Approach with Calculus”, Cengage Learning (2010) Varian, Hal R., "Introduction à la microéconomie", De Boeck Université (2015) Murat Yıldızoğlu, “Introduction à la microéconomie“, libre accès sur: http://www.yildizoglu.fr/livremicro/livre-micro.pdf |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | Introduction and course description |
| 2 | Choices under uncertainty and attitudes towards risk |
| 3 | Elasticities, price ceilings and price floors |
| 4 | Taxes and subsidies |
| 5 | Recitation |
| 6 | Externalities, inefficiency and public policy |
| 7 | Information asymmetries, adverse selection and statistical discrimination |
| 8 | Midterm exam |
| 9 | Imperfect competition - the extreme case: monopoly |
| 10 | Strategic decision making and game theory |
| 11 | Recitation |
| 12 | Oligopoly |
| 13 | Product differentiation, monopolistic competition and innovation |
| 14 | Synthesis |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 55 |
| Contribution of final exam to overall grade | 1 | 45 |
| Toplam | 2 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 2 | 20 |
| Presentation | 0 | 0 |
| Midterm Examinations (including preparation) | 1 | 35 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 3 | 55 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 3 | 42 |
| Assignments | 2 | 10 | 20 |
| Midterm Examinations (including preparation) | 1 | 20 | 20 |
| Final Examinations (including preparation) | 1 | 25 | 25 |
| Total Workload | 149 | ||
| Total Workload / 25 | 5.96 | ||
| Credits ECTS | 6 | ||