| 1 |
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Introduction to Microeconomics, definitions, concepts |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 2 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Market Mechanism, Supply and Demand Theory and Market Balance |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 3 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Obtaining consumer balance according to Cardinal Benefit approach and criticism of this approach. Ordinal Utility Approach and its Characteristics with Indifference Curves |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 4 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Budget Line and Consumer Balance in Ordinal Utility Approach |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 5 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Investigation of the Effects of Changes in Goods Prices and Income over Budget and Balance, Demand Function Variables, Movement on Demand Curve and Displacement of Demand Curve |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 6 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Individual's demand curve, Price elasticity of demand, point elasticity, Private demand curves with various features, Elasticity, Price variations, Consumer expenditures |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 7 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Cross elasticity, income elasticity, Introduction to production theory |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 8 |
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MID-TERM EXAM |
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| 9 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Review of Lecture |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 10 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Classification of production factors. Concepts and Laws on Short Run Production Function and Related Concepts and Laws |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 11 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Long Run production analyses- isoquant curves – isocost line - balance representation
(optimal factor composition) |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 12 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Cost Analyses – Short and Long Run cost curves and description of economies of scale and externality together with related concepts |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 13 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Supply, Firm Short run supply function, description of profit maximization, elasticity and curves of supply |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 14 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Supply, Firm Short run supply function, description of profit maximization, elasticity and curves of supply |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 15 |
Reading the related subjects in the course book, following developments, macroeconomic data and markets |
Goods markets, full competition market, short and long term balances, types of market intervention and application examples |
Lecture & Discussion & Case Methods, Interactive Web Tools |
| 16 |
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FINAL EXAM |
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| 17 |
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FINAL EXAM |
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