11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


eco.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall/Spring
Prerequisites
None
Course Language
Course Type
Elective
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 solve the cost minimization and profit maximization problems of the firm.
  • Will be able to compare perfectly competitive markets, monopolies and oligopolies.
  • Will be able to comprehensively identify the firm behavior under a broad range of industry structures.
  • Will be able to implement a research on the performance of different industry structures.
  • Will be able to compare the effects of economic policies on the performance of industries and the welfare of the society.
Course Description

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Theory of the Firm Modern Industrial Organization Ch. 2
2 Principle agent problem Modern Industrial Organization Ch. 2
3 Competition Modern Industrial Organization Ch. 3
4 Monopolies, Monopsonies Modern Industrial Organization Ch. 4
5 Cartels Modern Industrial Organization Ch. 5
6 Oligopoly Modern Industrial Organization Ch. 6
7 Product Differentiation and Monopolistic Competition Modern Industrial Organization Ch. 7
8 Midterm
9 Price Discrimination Modern Industrial Organization Ch. 9
10 Nonlinear pricing, Quality choice Modern Industrial Organization Ch. 10
11 Strategic Behavior Modern Industrial Organization Ch. 11
12 Information Modern Industrial Organization Ch. 13
13 Decision making over Time Modern Industrial Organization Ch. 15
14 Project Presentations
15 Project Presentations
16 Review of the Semester  
Course Notes/Textbooks Dennis W. Carlton, Jeffrey M. Perloff, (2005). Modern Industrial Organization (4th Edition). Pearson Press
Suggested Readings/Materials Jean Tirole, (1988). The Theory of Industrial Organization. MIT Press

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
2
10
Portfolio
Homework / Assignments
2
10
Presentation / Jury
Project
1
50
Seminar / Workshop
Oral Exam
Midterm
1
30
Final Exam
Total

Weighting of Semester Activities on the Final Grade
100
Weighting of End-of-Semester Activities on the Final Grade
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
16
1
Field Work
Quizzes / Studio Critiques
2
10
Portfolio
Homework / Assignments
2
5
Presentation / Jury
Project
1
43
Seminar / Workshop
Oral Exam
Midterms
1
20
Final Exams
    Total
157

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made. X
2 To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education. X
3 To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently. X
4 To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals.
5 To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires.
6 To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically. X
7 To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies. X
8 Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction. X
9 To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups.
10 To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language. X
11 To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.
12 To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development

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

 

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