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MICRO ECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
IBT217 MICRO ECONOMICS 3 3 3 6

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 - Fundamental Economic Problems & Economic Order -
2 - Supply and Demand Analysis -
3 - Elasticity Concepts -
4 - Consumer Theory – Cardinal Utility -
5 - Consumer Theory – Ordinal & Indifference Curves -
6 - Consumer Equilibrium Changes -
7 - Market Demand and Elasticity -
8 - Production Theory – Basic Concepts -
9 - Cost Theory – Short Run -
10 - MID-TERM EXAM -
11 - Cost Theory – Long Run and Economies of Scale -
12 - Market Structures: Perfect Competition -
13 - Market Structures: Monopoly & Imperfect Competition -
14 - General Equilibrium & Market Failures -
15 - General Review and Assessment -
16 - FINAL EXAM -
17 - FINAL EXAM -