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COURSE INFORMATION PACKAGE · ECON216

Microeconomics III

Compulsory · French
ECTS
6
Local Credit
3
Theory + Practice + Lab
3 + 0 + 0
Course Level
Bachelor Degree
Prerequisites
ECON215
Semester
4
On this page
Content Weekly Contents Assessment System ECTS
Course Instructor(s)
Mustafa ULUS
mulus@gsu.edu.tr

Content

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.

Course 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.

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

Weekly Contents

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

Assessment System

Contribution to Overall Grade
Activities Number Contribution
Contribution of in-term studies to overall grade 1 55
Contribution of final exam to overall grade 1 45
Total 2 100
In-Term Studies
Activities 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
Total 3 55

ECTS

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