Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
1ECON101Microeconomics3+0+03614.03.2026

 
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program Political Science and İnternational Relations (English)
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The goal of the course is teaching the fundamentals of Microeconomics to ITF students. In a fourteen-weeks course, main concepts, theories and economic laws will be discussed.
Course Content Consumer Theory, Producer Theory, markets and like will be teaching.
Course Methods and Techniques Classroom teaching with blackboard and projector. Reading textbooks and other sources. Homework assignments and ask friends for help.
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Dr. Abdullah Bahadır ŞAŞMAZ
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Economics - Michael Parkin
Course Notes Textbook, Lecture with slides, problem sessions, question and answer parts will be in lessons.
Documents Microeconomics Textbook (Principles of Microeconomics 2e SENIOR CONTRIBUTING AUTHORS STEVEN A. GREENLAW, UNIVERSITY OF MARY WASHINGTON DAVID SHAPIRO, PENNSYLVANIA STATE UNIVERSITY)
Exams Midterm exam, final exam, make-up exam

Course Category
Mathematics and Basic Sciences %30
Social Sciences %30
Field %40

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Assignment 1 % 10
Final examination 1 % 60
Total
3
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 6 84
Assignments 1 5 5
Mid-terms 1 11 11
Final examination 1 11 11
Total Work Load   Number of ECTS Credits 6 153

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 The students learn the basic microeconomic knowledge and get the analytical way of thinking.
2 The students understanding the basic economic facts, relations and laws.
3 The students can understand and analyse the structures and operations of markets.
4 The students acquire the ability to follow the current developments in Microeconomics literature and improve their academic backgrounds.
5 Able to analyze the effects of different market types on prices, quantities and total welfare.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 What is Economics?
2 The Economic Problem
3 Efficiency, equity and productivity
4 Consumer Theory and Utility-1
5 Consumer Theory and Utility-2
6 Elasticity
7 Utility and Demand
8 Production Theory-1: Production Function
9 Production Theory-2: Cost Functions
10 Perfect Competition Markets
12 Imperfect Markets: Monopoly
13 Imperfect Markets: Oligopoly
14 Markets for Factors of Production

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
All 5 1 5 5 5 5 2 2 3 4
C1 5 1 5 5 5 5 2 2 3 4
C2 5 1 5 5 5 5 2 2 3 4
C3 5 1 5 5 5 5 2 2 3 4
C4 5 1 5 5 5 5 2 2 3 4
C5 5 1 5 5 5 5 2 2 3 4

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