TR
11111

COURSE INTRODUCTION AND APPLICATION INFORMATION

dba.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall
Prerequisites
None
Course Language
Course Type
Required
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • Will be able to comprehensively analyze consumer behavior and hence the demand side of the market.
  • Will be able to explain the concept of utility by using indifference curves.
  • Will be able to identify the optimal choice of the consumer that maximizes consumer utility.
  • Will be able to define cost functions.
  • Will be able to solve the cost minimization and profit maximization problems of the firm.
  • Will be able to analyze the applications of perfectly competitive markets.
  • Will be able to analyze the production decision of the firm under various market conditions.
  • Will be able to explain reasons behind purchase of goods and services by consumers.
Course Description

 



Course Category

 Core Courses
X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Preliminaries David Besanko, Ronald Braeutigam, Microeconomics, Chapter 1, 2 (Wiley, 3rd edition)
2 Budget Constraint, Preferences David Besanko, Ronald Braeutigam, Microeconomics, Chapter 3 (Wiley, 3rd edition)
3 Utility, Choice David Besanko, Ronald Braeutigam, Microeconomics, Chapter 3, 4 (Wiley, 3rd edition)
4 Demand, Slutsky Equation David Besanko, Ronald Braeutigam, Microeconomics, Chapter 4, 5 (Wiley, 3rd edition)
5 Buying and Selling David Besanko, Ronald Braeutigam, Microeconomics, Chapter 5 (Wiley, 3rd edition)
6 Consumer’s Surplus, Market Demand David Besanko, Ronald Braeutigam, Microeconomics, Chapter 5 (Wiley, 3rd edition)
7 Midterm
8 Equilibrium David Besanko, Ronald Braeutigam, Microeconomics, Chapter 5, 6 (Wiley, 3rd edition)
9 Inputs David Besanko, Ronald Braeutigam, Microeconomics, Chapter 6 (Wiley, 3rd edition)
10 Cost Functions David Besanko, Ronald Braeutigam, Microeconomics, Chapter 7 (Wiley, 3rd edition)
11 Cost Minimization David Besanko, Ronald Braeutigam, Microeconomics, Chapter 7, 8 (Wiley, 3rd edition)
12 Profit Maximization David Besanko, Ronald Braeutigam, Microeconomics, Chapter 8 (Wiley, 3rd edition)
13 Perfectly Competitive Markets David Besanko, Ronald Braeutigam, Microeconomics, Chapter 9 (Wiley, 3rd edition)
14 Competitive Markets: Applications David Besanko, Ronald Braeutigam, Microeconomics, Chapter 10 (Wiley, 3rd edition)
15 Monopoly and Monopsony David Besanko, Ronald Braeutigam, Microeconomics, Chapter 11 (Wiley, 3rd edition)
16 Review of the Semester  
Course Notes/Textbooks David Besanko, Ronald Braeutigam, Microeconomics, Wiley, 3rd edition, 2007
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
16
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
2
60
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
18
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
2
33
Final Exams
1
14
    Total
128

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
 Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To solve problems, to have analytical and holistic viewpoint and to develop strategic thinking as a principle in the field of business administration X
2 To evaluate It is aimed to graduate students whom are able to critique what they have already learn in the field of management, adopting life long learning and continuously developing themselves X
3 It is aimed to graduate students whom are able to transfer their academic knowledge to organizational level and capable of expressing themselves regarding organizational problems both oral and written X
4 The students are required to understand the concepts and ideas of business in both national and multinational settings and practice cross disciplinary and comparative analysis X
5 It is required to know and practice the quality and productivity principles of business life X
6 Act and think with an innovative motive and able to apply the academic knowledge gain during new and unconventional occasions X
7 Acquiring leadership qualifications and applying them successfully X
8 Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, vulnerable to criticism and having self confidence X
9 It is required to know the regional economic aspects and transfer the academic knowledge to real life with both national and international thinking X
10 To know and apply the realities of business ethics and act according to social, scientific and ethical values under any circumstances such as data collection, evaluation, announcing and practicing X
11 Able to use a foreign language as fluent as possible for both chasing the scientific publication and developing proper communication with colleagues from other countries, (“European Language Portfolio Global Scale”, Level B1)
12 Intermediate in both written and spoken of a second foreign language X
13 Able to use computer programs and technology to an adequate level required by business practices. X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 

İzmir Ekonomi Üniversitesi | Sakarya Caddesi No:156, 35330 Balçova - İZMİR Tel: +90 232 279 25 25 | webmaster@ieu.edu.tr | YBS 2010