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| IKTZ6101 | Advanced Micro Economic Analysis | 3+0+0 | ECTS:7.5 | | Year / Semester | Fall Semester | | Level of Course | Third Cycle | | Status | Compulsory | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Nebiye YAMAK | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | This course aims to provide a detailed and integrative analysis of consumer and producer theories and market models, which the student has studied in the master's program, using comprehensive methods. In addition, it is aimed to inform the students about how general equilibrium models are reached, some of which are based on equilibrium market models, and to enable them to analyze these issues theoretically and empirically. |
| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | Will be able to analyze consumer and producer theories mathematically. | 1,2,3 | 1,4, | | PO - 2 : | Will be able to define and analyze market models mathematically. | 1,2,3 | 1,4, | | PO - 3 : | Will be to make partial and general equilibrium solutions. | 1,2,3 | 1,4, | | PO - 4 : | Will be able to make mathematical analyzes on factor markets. | 1,2,3 | 1,4, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome | | |
| Application of optimization mathematics to microeconomics, mathematical representation of consumer and producer theory, solution of firm equilibrium, mathematical representation of partial and general equilibrium market models, analysis of labor market and social welfare theory. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Economic Models and Optimization Mathematics | | | Week 2 | Consumer Theory and Demand | | | Week 3 | Consumer Theory and Demand | | | Week 4 | Producer Theory and Supply | | | Week 5 | Producer Theory and Supply | | | Week 6 | Equilibrium of Firm | | | Week 7 | Perfect Competition Market | | | Week 8 | Partial Equilibrium Models in Perfect Competition | | | Week 9 | Midterm exam | | | Week 10 | General Equilibrium in Perfect | | | Week 11 | Imperfect Competition Market Models | | | Week 12 | Imperfect Competition Market Models | | | Week 13 | Equilibrium in the Labor Market | | | Week 14 | Externalities and Public Goods | | | Week 15 | Social Welfare Theory | | | Week 16 | Final exam | | | |
| 1 | Walter Nicholson, Microeconomic Theory: Basic Principles and Extensions, Fourth Edition, The Dryden Press. | | | 2 | Alpha C. Chiang, Fundamental Methods of Mathematical Economics, 4th edition McGraw-Hill Education | | | |
| 1 | Seçilmiş Makalelerden oluşan makale kitabı | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04/2024 | 1 | 30 | | In-term studies (second mid-term exam) | 12 | 05/2024 | 1 | 20 | | End-of-term exam | 16 | 06/2024 | 1,5 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 8 | 14 | 112 | | Arasınav için hazırlık | 12 | 2 | 24 | | Arasınav | 2 | 1 | 2 | | Ödev | 3 | 2 | 6 | | Dönem sonu sınavı için hazırlık | 1 | 1 | 1 | | Dönem sonu sınavı | 12 | 3 | 36 | | Diğer 1 | 2 | 1 | 2 | | Total work load | | | 225 |
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