Course Code and Title

 

EKO 223 (02) Mikro İktisat I

Type of Course

 

Compulsory

Credit of the Course

 

3 0 3

ECTS Credit

 

5

Lecturer

 

Asst. Prof. Şadiye BAYKARA

Prerequisites

None

 

Period of the Course

1 Semester (a total of 3 theoretical hours per week)

Course Contents

 

§         Mathematics of Optimisation

§         The Theory of Consumer Behavior

§         The Theory of Short-Run Production

Purpose of the Course

 

(Learning Outcomes)

 

At the end of this course the student will have the ability of thinking on the relationship among scarcity, choice and opportunity cost by learning analytical tools about both a rational (Marshallian and Hicksian) consumer’s commodidy demand functions and a rational producer’s short-run variable factor’s demand.

 

Recommended Reading

  • Nicholson, W., (1992 or latest) Microeconomic Theory: Basic Principles and Extensions, The Dyrden Press, USA, 5. baskı.
  • Varian, H. R., (1987 or latest). Intermediate Microeconomics, A Modern Approach, W. W. Norton & Company, New York, 1. baskı.
  • Ünsal E. M., (2005), Mikro İktisat, Genişletilmiş 6. baskı, İmaj Yayınevi..

        

Teaching Methods

 

 

Lecturing, problem solutions, discussion.

Assessment methods

2 Midterms (25% + 25%), and a final exam (50%). 

Language of Instruction

Turkish