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ECO 101
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Course Information
Course Name
Turkish
Principles of Microeconomics
English
Mikroekonomiye giriş
Course Code
ECO 101
Credit
Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester
-
3
3
-
-
Course Language
English
Course Coordinator
Sinan Ertemel
Course Objectives
1-) To identify key concepts in microeconomics.
2-) To demonstrate how microeconomics models work.
3-) To understand how consumers and firms make their decisions and how government intervenes with the markets.
4-) To motivate the use of economic concepts to analyze contemporary issues.
Course Description
The course introduces the following economic concepts: scarcity and choice; opportunity costs and trade offs; markets and prices; supply and demand; productivity; efficiency; competition and market structure; market failures; role of government; public goods; externalities.
Course Outcomes
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