Islamic Economics and Finance

Course Details

KTO KARATAY UNIVERSITY
Faculty of Economics, Administrative and Social Sciences
Programme of Islamic Economics and Finance
Course Details

Course Code	Course Name	Year	Period	Semester	T+A+L	Credit	ECTS
99700002	Microeconomics	2025	Autumn	1	3+0+0	5	5

Course Type	Compulsory
Course Cycle	Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6)
Course Language	Turkish
Methods and Techniques	-
Mode of Delivery	Face to Face
Prerequisites	-
Coordinator	-
Instructor(s)	Asst. Prof. Selahattin BEKTAŞ
Instructor Assistant(s)	-

Course Instructor(s)

Name and Surname	Room	E-Mail Address	Internal	Meeting Hours
Asst. Prof. Selahattin BEKTAŞ	C-Z10	[email protected]	7339

Course Content

This course covers fundamental concepts of microeconomics. Topics include demand and supply, consumer and producer theory, market equilibrium, elasticities, production and cost functions, and the analysis of different market structures (perfect competition, monopoly, monopolistic competition, and oligopoly). Additionally, the course addresses welfare economics, externalities, and government intervention.

Objectives of the Course

The aim of this course is to introduce students to the tools of microeconomic analysis and help them understand the behavior of individual consumers, producers, and markets. Students will learn fundamental microeconomic concepts such as demand and supply, market equilibrium, cost theory, production theory, and market structures. Additionally, decision-making processes, the efficient allocation of resources, and the impact of price mechanisms on the economy will be analyzed.

Contribution of the Course to Field Teaching

Basic Vocational Courses	X
Specialization / Field Courses
Support Courses
Transferable Skills Courses
Humanities, Communication and Management Skills Courses

Relationships between Course Learning Outcomes and Program Outcomes

Relationship Levels
Lowest	Low	Medium	High	Highest
1	2	3	4	5

#	Program Learning Outcomes	Level
P1	İslam İktisadı ve Finans alanında kuramsal ve uygulamalı bilgilere sahip olma, sahip olduğu bilgileri kullanabilme	4
P2	İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme	2
P3	İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme	2
P4	Disiplin içi, çok disiplinli veya çok kültürlü gruplarda ve bireysel çalışabilme	3
P5	Ahlaki değerler ve mesleki sorumluluk bilinci ile hareket edebilme	2
P6	Alan uygulamalarının, evrensel ve toplumsal etkileri ile hukuki sonuçlarını bilme	3
P7	Öğrenim dilinde yazılı ve sözlü iletişim kurabilme, en az bir yabancı dil bilgisine sahip olabilme	5

Course Learning Outcomes

Upon the successful completion of this course, students will be able to:
No	Learning Outcomes	Outcome Relationship	Measurement Method **
O1	Defines fundamental microeconomic concepts such as supply, demand, elasticity, marginal cost, and marginal utility.	P.9.1	1
O2	Explains consumer and producer behavior, the functioning of markets, and price formation within the framework of fundamental microeconomic principles.	P.9.2	1
O3	Applies microeconomic theories and models to real-world economic problems and policy applications.	P.9.3	1
O4	Analyzes the effects of government interventions, such as price controls, taxes, and subsidies, on market equilibrium and economic welfare.	P.9.4	1
O5	Evaluates market structures, such as perfect competition, monopolistic competition, monopoly, and oligopoly, in terms of economic efficiency and distributional equity.	P.9.5	1
O6	Constructs microeconomic models and diagrams to examine and predict consumer and firm decisions and market outcomes.	P.9.6	1
** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7

Weekly Detailed Course Contents

Week	Topics
1	Ekonomiye Biliminin Temel Kavramları
2	Ekonomiye Biliminin Temel Kavramları
3	İktisadi Sistemler
4	Temel İktisadi Sorunlar
6	Talep, Arz, Piyasa ve Esneklik Kavramları
7	Talep, Arz, Piyasa ve Esneklik Kavramları
8	Midterm exam question solutions
9	Piyasa Mekanizması
10	Piyasa Mekanizması
11	Tüketici, Üretici ve Maliyet Teorileri
12	Piyasa Yapıları
13	Tüketici Davranışları ve Tam Rekabet
14	Faktör Piyasaları

Textbook or Material

Resources

Temel Ekonomi, Tümay Ertek, 2005

Evaluation Method and Passing Criteria

In-Term Studies	Quantity	Percentage
Attendance	-	-
Course Specific Internship (If Any)	-	-
Homework	-	-
Midterms	1	40 (%)
Final Exam	1	60 (%)
Total		100 (%)

ECTS / Working Load Table

	Quantity	Duration	Total Work Load
Course Week Number and Time	14	3	42
Out-of-Class Study Time (Pre-study, Library, Reinforcement)	14	2	28
Midterms	1	35	35
Quiz	0	0	0
Homework	0	0	0
Practice	0	0	0
Laboratory	0	0	0
Project	0	0	0
Workshop	0	0	0
Presentation/Seminar Preparation	0	0	0
Fieldwork	0	0	0
Final Exam	1	45	45
Other	0	0	0
Total Work Load:			150
Total Work Load / 30			5
Course ECTS Credits:			5

Course - Learning Outcomes Matrix

Relationship Levels
Lowest	Low	Medium	High	Highest
1	2	3	4	5

#	Learning Outcomes	P9
O1	Defines fundamental microeconomic concepts such as supply, demand, elasticity, marginal cost, and marginal utility.	-
O2	Explains consumer and producer behavior, the functioning of markets, and price formation within the framework of fundamental microeconomic principles.	-
O3	Applies microeconomic theories and models to real-world economic problems and policy applications.	-
O4	Analyzes the effects of government interventions, such as price controls, taxes, and subsidies, on market equilibrium and economic welfare.	-
O5	Evaluates market structures, such as perfect competition, monopolistic competition, monopoly, and oligopoly, in terms of economic efficiency and distributional equity.	-
O6	Constructs microeconomic models and diagrams to examine and predict consumer and firm decisions and market outcomes.	-