MICROECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
BNS251	MICROECONOMICS	3	3	3	6

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
Instructor(s) of the Course Unit
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	To develop the ability to examine and analyse microeconomics in theory and practice.
Contents of the Course Unit:	Market mechanism, supply and demand theory, consumer and producer theory, elasticities, market equilibrium, market types and interventions.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
It ensures that students in the Banking and Insurance Department gain knowledge about consumer behavior.
It is expected that students in the Banking and Insurance Department develop an understanding of market mechanisms.
The course aims to enable students to comprehend how consumer and producer decisions shape market dynamics and to achieve practice-oriented learning outcomes.
With this course, students are expected to enhance their ability to interpret basic concepts and comment on policies and practices.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	-	Fundamental Economic Issues & Economic Order	-
2	-	Production Possibility Curve, Economic Systems and Market Mechanism	-
3	-	Supply and Demand	-
4	-	Supply and Demand Elasticities	-
5	-	Consumer Theory	-
6	-	Changes in Consumer Balance	-
7	-	Production Theory – Fundamental Concepts	-
8	-	Cost Theory - Short Run, Long Run, and Economies of Scale	-
9	-	Market Structures: Perfect Competitive Market	-
10	-	MID-TERM EXAM	-
11	-	Market Structures: Monopoly	-
12	-	Market Structures: Monopolistic Competition and Oligopoly	-
13	-	Labor Market and Wages	-
14	-	General Equilibrium and the Market; Market Failures	-
15	-	General Review and Assessment	-
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Ünsal, E. (2020). Mikro iktisat. Ankara: İmaj Yayınevi.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description	Examination Method

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define basic concepts related with banking, insurance and finance.
2	Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate banking and insurance applications to financial theories, mathematical and statistical methods.
2	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the planning and implementation process in banking and insurance transactions.
2	Provide solutions for the problems encountered in banking and insurance transactions.

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use theoretical and practical knowledge in the field of banking and insurance transactions.
2	By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.
2	Use the computer programs related with field in banking and insurance transactions.

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze financial data related to his / her field.
2	Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	5	70
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	1	20	20
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	20	20
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	32	0	154