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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 Economics (English)
  3. Course Structure Diagram with Credits
  4. Microeconomic Theory I
  5. Description
  • Description
  • Learning Outcomes
  • ECTS Credit Load
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Last Updated: 31/10/2026

Code - Course Title Course Type Laboratory + Practice ECTS
İKT217 - Microeconomic Theory I III. SEMESTER 3 +0 5.0
Language of Instruction İngilizce
Course Type Required Courses
Course Instructor(s) PROF. DR. MELTEM ERDOĞAN
Mode of Delivery Face to face and Interactive method during the lecture time.
Place of Delivery On Campus
Used Educational Platforms Face-to-face
Prerequisites Introduction to Economics I
Courses Recomended Introduction to Economics I
Recommended Resources “Microeconomics” by Pindyck and Rubinfeld (any recent edition)
Work Placement na
Aims of the Course This is an advanced course in industrial organization. Additional issues on the nature of strategic interactions among firms and business conduct are considered, as well as the importance of asymmetric information issues, advertising, research and development, and the role of time in firms’ decisions. The economic rationales for government intervention are also addressed, including topics in international trade, regulation, recent progress towards deregulation, and antitrust policies.

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 Equilibrium for a Consumer
Week - 7 Equilibrium for a Consumer, continued
Week - 8 Demand function
Week - 9 Demand Function, continued
Week - 10 Perfect Competition
Week - 11 Perfect competition, continued
Week - 12 Firms and their production decisions; Costs: short run and long run costs
Week - 13 Firms and their production decisions; Costs: short run and long run costs, continued
Week - 14 Firms and their production decisions; Costs: short run and long run costs, continued

  • Quality Education Responsible Production and Consumption

  • Economics, Finance and Management

  • Open-Ended Test Homework

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

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