Psychology | |||||
Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
Course Code | ECON 202 | ||||
Course Title in English | Microeconomic Theory II | ||||
Course Title in Turkish | Mikroekonomik Teori II | ||||
Language of Instruction | EN | ||||
Type of Course | Flipped Classroom | ||||
Level of Course | Seçiniz | ||||
Semester | Spring | ||||
Contact Hours per Week |
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Estimated Student Workload | 136 hours per semester | ||||
Number of Credits | 5 ECTS | ||||
Grading Mode | Standard Letter Grade | ||||
Pre-requisites |
ECON 201 - Microeconomic Theory I |
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Expected Prior Knowledge | Knowledge of microeconomics and mathematics. | ||||
Co-requisites | None | ||||
Registration Restrictions | Only Undergraduate Students | ||||
Overall Educational Objective | To improve one’s understanding of microeconomic concepts and some mathematical tools related to producer theory. | ||||
Course Description | Learners analyze microeconomic theories in order to capture the motivation of individual economic agents (individuals, households, firms or governments) and how they interact in markets. They develop their understanding of microeconomic models specified in standard mathematical terms. The emphasis is put on the topics of production and market structure. This course is the continuation of Microeconomic Theory I. | ||||
Course Description in Turkish | Bu ders, bireysel ekonomik aktörlerin (bireyler, hane halkları, firmalar veya hükümetler) motivasyonunu ve piyasalarda nasıl etkileştiklerini anlamak için mikroekonomik teorileri analiz etmektir. Öğreniciler standart matematiksel terimlerle belirlenen mikroekonomik modelleri öğreneceklerdir. Bu ders, üretim ve piyasa yapısı konularının kavranmasına ağırlık vermektedir ayrıca Mikroekonomik Teori I dersinin devamıdır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Compare different market structures 2) Define pricing under different competition levels 3) Analyze factor markets with microeconomic tools 4) Define different dimensions of technological improvements 5) Understand different information problems |
Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | |||||
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | |||||
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | |||||
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | |||||
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | |||||
6) Internalization and dissemination of professional ethical standards. | |||||
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | |||||
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | |||||
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | |||||
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | |||||
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | |||||
12) Ability to acquire knowledge independently, and to plan one’s own learning. | |||||
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
N None | S Supportive | H Highly Related |
Program Outcomes and Competences | Level | Assessed by | |
1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,HW,Participation |
4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
6) | Internalization and dissemination of professional ethical standards. | N | |
7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Participation |
10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | HW,Participation |
11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,HW |
13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,HW |
Prepared by and Date | BURHAN CAN KARAHASAN , December 2023 |
Course Coordinator | BURHAN CAN KARAHASAN |
Semester | Spring |
Name of Instructor | Prof. Dr. BURHAN CAN KARAHASAN |
Week | Subject |
1) | Introduction |
2) | Technology and revisiting production theory |
3) | Exchange and General Equilibrium |
4) | Welfare |
5) | Monopoly and monopsony |
6) | Pricing and advertising |
7) | Game Theory |
8) | Oligopoly and monopolistic competition |
9) | Factor markets |
10) | Uncertainty |
11) | Property rights, externalities, rivalry, and exclusion |
12) | Public good |
13) | Asymmetric information |
14) | Contracts and moral hazard |
15) | Final Examination Period |
16) | Final Examination Period |
Required/Recommended Readings | MICROECONOMICS, Perfloff (Pearson) MICROECONOMICS, Pindyck R.S. and Rubinfeld D.L. (9th Edition, Pearson) INTERMEDIATE MICROECONOMICS, Hal R. Varian (9th Edition, W. W. Norton Company) | |||||||||||||||
Teaching Methods | Flipped classroom | |||||||||||||||
Homework and Projects | ||||||||||||||||
Laboratory Work | none | |||||||||||||||
Computer Use | none | |||||||||||||||
Other Activities | none | |||||||||||||||
Assessment Methods |
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Course Administration |
karahasanb@mef.edu.tr Prof. Dr. Burhan Can Karahasan |
Activity | No/Weeks | Hours | Calculation | ||||
No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
Course Hours | 14 | 2 | 3 | 1 | 84 | ||
Quiz(zes) | 4 | 5 | 1 | 24 | |||
Midterm(s) | 1 | 10 | 2 | 12 | |||
Final Examination | 1 | 14 | 2 | 16 | |||
Total Workload | 136 | ||||||
Total Workload/25 | 5.4 | ||||||
ECTS | 5 |