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ISTANBUL GELİŞİM UNIVERSITY INFORMATION SYSTEM

MICROECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
EKF207 MICROECONOMICS 3 3 3 6

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week Preparatory Topics(Subjects) Method
1 Reading Introduction to Microeconomics, Basic Definitions and Concepts Lecture & Question and Answer & Discussion
2 Reading Price Mechanism, Demand, Demand Curve, Demand Law, Demand Function Lecture & Question and Answer & Discussion
3 Reading Giffen Paradox, Demand Shift, Demand Elasticity Lecture & Question and Answer & Discussion
4 Reading Demand Elasticity, Point Elasticity, Arc Elasticity, Income Elasticity Lecture & Question and Answer & Discussion
5 Reading Price Elasticity of Demand and Consumption Expenditures, Supply, Supply Curve, Law of Supply, Supply Function, Supply Change, Supply Shift, Supply Elasticity Lecture & Question and Answer & Discussion
6 Reading Supply Elasticity, Point Elasticity, Arc Elasticity, Cross Elasticity, Market Equilibrium Lecture & Question and Answer & Discussion
7 Reading Supply Elasticity, Point Elasticity, Arc Elasticity, Cross Elasticity, Market Equilibrium, Production Possibility Frontier Lecture & Question and Answer & Discussion
8 - MID-TERM EXAM -
8 - MID-TERM EXAM -
9 Reading Some Applications According to Demand-Supply-Elasticity Concepts (Black Market Price of Consumer and Producer Surplus, King's Law, Cobweb Theorem) Lecture & Question and Answer & Discussion
10 Reading The Problem of Measurability of Utility and Determination of Preference Order, Cardinal Utility Approach, Ordinal Utility Approach Lecture & Question and Answer & Discussion
11 Reading The Problem of Measurability of Utility and Determination of Order of Preference, Cardinal Utility Approach, Ordinal Utility Approach Lecture & Question and Answer & Discussion
12 Reading Ordinal Utility Approach (Indifference Curves, Budget Line and Consumer Equilibrium) and Ordinal Utility Approach (Indifference Curves, Budget Line and Consumer Equilibrium), Producer Theory (Law of Diminishing Returns, Co-Product Curves, Co-Cost Lines, Producer Equilibrium) Lecture & Question and Answer & Discussion
13 Reading Perfect Competition Market Lecture & Question and Answer & Discussion
14 Reading Monopoly Market Lecture & Question and Answer & Discussion
15 Reading General Review Lecture & Question and Answer & Discussion
16 - FINAL EXAM -
17 - FINAL EXAM -