Course Information

Course Name	Turkish	Mikroiktisat
	English	Microeconomics
Course Code	MMD 233	Credit	Lecture (hour/week)	Recitation (hour/week)	Laboratory (hour/week)
Semester	1	3	3	-	-
Course Language		Turkish
Course Coordinator		Derya Gültekin
Course Objectives		The aim of the course is: 1. To give basic microeconomics knowledge and approaches to the students and, 2. To make them understand economic agents’ (firms and households) behaviors.
Course Description		Economics; tools of economic analysis; demand, supply and the market; elasticities; consumer behavior; producer behavior; market structures and pricing: perfect competition, monopoly, monopolistic competition, oligopoly; game theory and strategy
Course Outcomes		A student, who has completed this course successfully, is expected to display I. Knowledge of and ability to use the basic concepts and tools of economic analysis; II. Understanding of market mechanism and ability to analyze the impact of changes in economic environment on the market; III. An ability to understand and evaluate the impact of individual economic agents on the market and the impact of the market on these agents; IV. An ability to evaluate the pricing and production decisions of firms in different market structures; V. Knowledge of the basic concepts of strategic thinking.
Pre-requisite(s)		--
Required Facilities		--
Other		--
Textbook		Mankiw, N. G. (2024), Principles of Economics (10th edition), Cengage Learning, USA.
Other References		D. Begg, S. Fischer and R. Dornbusch, Economics, 8th edition, McGraw-Hill, 2005.

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