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About the Programme Academic Staff Program Qualifications Lessons Matrix of Course & Program Qualifications Turkish Qualifications Framework (TQF) TQF & Program Qualifications
  1. Faculty of Economics and Administrative Sciences
  2. Program in Business Administration (English)
  3. Course Structure Diagram with Credits
  4. Microeconomic Theory
  5. Description
  • Description
  • Learning Outcomes
  • ECTS Credit Load
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Last Updated: 29/09/2025

Code - Course Title Compulsory/Elective Laboratory + Practice ECTS
İKT203 - Microeconomic Theory III. SEMESTER 3 +0 5.0
Language of Instruction İngilizce
Course Type Required Courses
Course Instructor(s) DOÇ. DR. ZEYNEP ELİTAŞ
Mode of Delivery Face to face and Interactive method during the lecture time.
Place of Delivery
Used Educational Platforms
Prerequisites Introduction to Economics should be taken.
Courses Recomended Introduction to Economics.
Recommended Resources R. Pindyck, Microeconomics, 8th edition. Pearson Publ. M. Parkin, Microeconomics, 11th edition, Pearson Publ.
Work Placement Problem solving and evaluating case studies at the end of the course
Aims of the Course

Weeks Learning Outcomes Topics Teaching Methods
Week - 1 Basic concepts and definitions.
Week - 2 Supply and Demand Theory and market mechanism.
Week - 3 Elasticities of Supply and Demand; Understanding and prediction the effects of changing market conditions.
Week - 4 Effects of government; the equation of Supply and Demand.
Week - 5 Utility; The theory of consumer behavior.
Week - 6 Firms and their production decisions; Costs: short run and long run costs.
Week - 7 Market structure and competitive strategy:perfect competition.
Week - 8 Perfect competition-2.
Week - 9 Midterm Exam.
Week - 10 Market power: monopoly and monopsony
Week - 11 Pricing with market power.
Week - 12 Oligopoly, game theory.
Week - 13 Monopolistic competition.
Week - 14 Markets for factor inputs; Investment, time, and capital markets.

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Assessment Method and Passing Requirements
Quamtity Percentage (%)
Toplam (%)

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