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Week Market Equilibrium Theory 5.
Course Objective To be able to examine processes of rational behavior of consumers and producers into effective use processes, decision-making and behavior. Learning Outcomes of the Course 1 Firm grip on economic issues, and industry-level Course Content This course introduces students to the study of microeconomics.
This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics.
According to the analysis of the balance of producers, co-product curves Explanation of movement returns to scale 6 The concept of the market, market characteristics and market classification, Market-perfect competition, perfect competition market equilibrium price, partial equilibrium analysis and consumer surplus, period analysis, cost theory, the total cost, average cost, marginal cost definitions for functions, cost minimization 7 Total revenue, average revenue and marginal revenue functions of a perfectly competitive market in the short term.
COURSE UNIT TITLE
Selected economic topics are mikor such as: Production functions of several variables according to the producer balance ,returns to scale, Co-product curvesanalysis tools to the analysis of the balance of producers: Week Producer Theory The concept of the market, market characteristics and market classification, Market-perfect competition, perfect competition market equilibrium price, partial equilibrium analysis unaal consumer surplus, period analysis, cost theory, the total cost, average cost, marginal cost definitions for functions, cost minimization.
Week Consumer Determination of Equilibrium Week Cardinal Equilibrium Theory 6. Definition and main topics, economical analysis, main concepts and mikrp to market economy. Week Final Exam 2nd. Course Policies and Rules To be announced. Work Placement s None. Total revenue, average revenue and marginal revenue functions of a perfectly competitive market in the short term. Week Markets and Government A Modern Approach,7th Edition, 6. Definition and main topics, economical analysis, main concepts and introduction to market economy 2.
Communicate economic concepts and research results effectively through written and oral communication methods.
MİKRO İKTİSAT – Prof. Dr. Erdal M. Ünsal
Use the information and ikfisat technologies effectively to collect, process and interpret economical data. To be able to examine processes of rational behavior of consumers and producers into effective use processes, decision-making and behavior. Zeynel Dinler, Mikro Iktisat, Bursa. Daniel, Microeconomics,Prentice Hall 7. Lectures are taught by Instructor’s course.
Change in the consumer’s income: Mode of Delivery Face -to- Face. Encourage students in lessons to make Discussion and active participation in lesson.
To be able to examine the behavior of individuals within the framework of the theory of production and consumption. According to iktlsat analysis of the balance of producers, co-product curves Explanation of movement returns to scale. Office Hours To be announced. Week Final Exam 1st. Prerequisites and Co-requisites None.
The balance of monopsonist sold their goods in perfectly competitive market, the chain monopoly, bilateral monopoly, short-term and iktisaf market analysis. Changes in prices of goods and services, price-consumption curve, Hicks, Slutsky and Giffen Paradox Approach, the demand function and demand flexibility.
Week General Equilibrium Srdal to the total revenue and total cost functions the balance of the company in terms of profit maximization, full competitive market in the short term average and marginal profit maximization motion curves.
Recomended Optional Programme Components None. Preliminary Weekly and Related Topics Pages 1.
Week Elasticity of Supply and Supply and demand 3. Contact Details for the Lecturer s To be announced. To be able to evaluate economic decision-making and behavior of consumers and producers in the goods market, as well as to evaluate their behavior in factor markets.
Ders Tanım ve Uygulama Bilgileri
To be able to analyze in other sub-economic branches by Utilizing the concepts of micro economics. Course Contents Week Subject Description 1 starting Ujsal Analysis and Introduction, functions and consumption theory, 2 Consumer equilibrium with respect to Kardinalist and Ordinalist approach 3 Change in the consumer’s income: Assessment Criteria To be announced.
Oligopoly market; complete and incomplete oligopolistic mkro oligopolists demand and demand, oligopolistic equilibrium, founded on the existence of competitive behavior oligopoly theory classical models ; Cournot, Bertrand, Edgeworth, and Chamberlin models, Sweezy model of oligopoly theory is based on compromising behavior.
This course introduces students to the study of microeconomics. Develop interdisciplinary approach to economics; apply economic theories and concepts to social issues.
Turkish Course materials in English can be provided to students on demand.