Business Administration

Course Code	Course Name	Year	Period	Semester	T+A+L	Credit	ECTS
99700002	Microeconomics	1	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)	Prof. Bilge AFŞAR
Instructor Assistant(s)	-

Name and Surname	Room	E-Mail Address	Internal	Meeting Hours
Prof. Bilge AFŞAR	C-112	[email protected]	7233

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

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

#	Program Learning Outcomes	Level
P1	1) To have advanced theoretical and / or practical knowledge and skills related to the basic functions of businesses (management and organisation, accounting and finance, production management and marketing).	3
P2	2) Identify, analyse and evaluate the current and potential problems of businesses by thinking critically and develop alternative solutions by using scientific methods.	3
P3	3) Organises and implements projects and activities for the social environment in line with regional and economic development goals with a sense of social responsibility.	1
P4	4) Act with innovative and creative thinking when establishing a new business and can perform basic activities such as risk taking, finding resources, making market analysis, preparing a business plan for the sustainability of the business.	1
P5	5) Can research and analyse information related to the field of business administration and can set operational, tactical and strategic goals according to the results obtained.	3
P6	6) With the awareness that the learning process continues throughout life, can follow scientific and technological developments related to businesses and can critically evaluate and apply them for their own organisation.	1
P7	7) Can work effectively in interdisciplinary work or multicultural teams, take responsibility, take initiative, transfer information to teammates, work for common goals by cooperating with team members.	1
P8	8) To be able to establish effective written and oral communication with colleagues and all internal and external stakeholders of businesses, in the language of learning and at least one foreign language, and to be able to conduct relations.	1
P9	9) Applies the activities carried out in the field of business administration in line with the awareness of professional ethics, social responsibility, universal and cultural values	1
P10	10) To be able to evaluate the social and legal consequences of the applications related to all the basic functions of businesses.	1
P11	11) Can effectively use, report and interpret the information systems needed in the field of business administration.	1
P12	İşletme uygulamalarını değerlendirerek, mevcut uygulamaların sürekli iyileştirilmesi için alanında yetkin ve yeterli sayıda çalışan istihdam edilmesini, eğitilmesini ve işe devam etmelerini sağlar.	1

Upon the successful completion of this course, students will be able to:
No	Learning Outcomes	Outcome Relationship	Measurement Method **
O1	Define basic microeconomic terms such as supply, demand, elasticity, marginal cost and benefit.	P.1.19
O2	Explain the basic principles of microeconomics, including how markets work and how prices are determined.	P.1.20
O3	Apply microeconomic theories and models to real-world situations and policy issues.	P.2.25
O4	Analyse the effects of government intervention in markets, including price controls, taxes and subsidies.	P.2.26
O5	Evaluate the efficiency and equity effects of different market structures such as perfect competition, monopoly and oligopoly.	P.5.18
O6	Construct economic models and diagrams to represent complex microeconomic concepts and predict outcomes.	P.5.19
** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7

Week	Topics
1	Basic Concepts of Economic Science
2	Basic Concepts of Economic Science
3	Economic Systems
4	Basic Economic Problems
5	Demand, Supply, Market and Elasticity Concepts
6	Demand, Supply, Market and Elasticity Concepts
7	Market Mechanism
8	Market Mechanism
9	Market Mechanism
10	Consumer, Producer and Cost Theories
11	Consumer, Producer and Cost Theories
12	Market Structures
13	Consumer Behaviour and Perfect Competition
14	Factor Markets

Resources

Yalta, A. Y., & Yalta, A.T. (2019). Modern Mikroekonomiye Giriş.

In-Term Studies	Quantity	Percentage
Attendance	-	-
Laboratory	-	-
Practice	-	-
Field Study	-	-
Course Specific Internship (If Any)	-	-
Homework	-	-
Presentation	-	-
Projects	-	-
Seminar	-	-
Quiz	-	-
Listening	-	-
Midterms	1	40 (%)
Final Exam	1	60 (%)
Total		100 (%)

	Quantity	Duration	Total Work Load
Course Week Number and Time	14	3	42
Out-of-Class Study Time (Pre-study, Library, Reinforcement)	14	3	42
Midterms	1	30	30
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	30	30
Other	0	0	0
Total Work Load:			144
Total Work Load / 30			4,80
Course ECTS Credits:			5

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

#	Learning Outcomes	P1	P2	P5
O1	Define basic microeconomic terms such as supply, demand, elasticity, marginal cost and benefit.	3	1	1
O2	Explain the basic principles of microeconomics, including how markets work and how prices are determined.	3	1	1
O3	Apply microeconomic theories and models to real-world situations and policy issues.	1	3	1
O4	Analyse the effects of government intervention in markets, including price controls, taxes and subsidies.	1	3	1
O5	Evaluate the efficiency and equity effects of different market structures such as perfect competition, monopoly and oligopoly.	1	1	3
O6	Construct economic models and diagrams to represent complex microeconomic concepts and predict outcomes.	1	1	3