Course Code and Title

 

EKO 224 (02) Mikro İktisat II

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

 

§         Long-run Production

§         Short and Long-run Costs

§         Commodity Pricing Behavior under perfectly and imperfectly competitive markets

§         Factor Pricing

§         General Equilibrium and Pareto Optimality

Purpose of the Course

 

(Learning Outcomes)

 

At the end of this course the student will have the ability of comparing the efficiency of resource allocation under several types of markets and gain fundamental skills of thinking the proper conditions needed for the best uses of scarce resorces.

 

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