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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. Open Education Faculty
  2. Economics (English)
  3. Course Structure Diagram with Credits
  4. Microeconomic Theory
  5. Description
  • Description
  • Learning Outcomes
  • ECTS Credit Load
  • Course's Contribution to Program
  • Learning Outcomes & Program Qualifications
Last Updated: 22/10/2025

Code - Course Title Compulsory/Elective Laboratory + Practice ECTS
İKT205U - Microeconomic Theory III. SEMESTER 0 +0 6.0
Language of Instruction İngilizce
Course Type Required Courses
Course Instructor(s) Prof. Dr. Yılmaz Kılıçaslan
Mode of Delivery Distance Education
Place of Delivery
Used Educational Platforms
Prerequisites There is no prerequisite or co-requisite for this course.
Courses Recomended There are no other classes related with the suggested lesson.
Recommended Resources There is no compulsory or recommended source for this course other than Anadolu University publication book.
Work Placement There is no internship or practice for this 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 The Theory of Consumer Behaviour: Preferences and Utility
Week - 5 The theory of consumer behavior: Indifference Curves and Budget Sets
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 Monopoly and Monopsony
Week - 10 Monopoly and monopsony continued.
Week - 11 Pricing with market power.
Week - 12 Oligopoly
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 (%)
1.Midterm Exam 1 30
Final Exam 1 70
Toplam (%) 100

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