COURSE UNIT TITLE

: MICROECONOMIC THEORY II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 6022 MICROECONOMIC THEORY II COMPULSORY 3 0 0 10

Offered By

Economics (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR EVRIM TURGUTLU

Offered to

Economics (English)

Course Objective

The aim of this course is to extend the graduate level base for microeconomic theory to recent microeconomic topics. This is largely a course in applied price theory which is based on applied analysis in a range of fields of economics including public finance, development economics, industrial organization, labor economics, health economics and welfare economics.

Learning Outcomes of the Course Unit

1   Contribute to microeconomic theory literature.
2   Be able to use mathematical methods to formalize economic concepts and ideas.
3   Be able to evaluate classical Microeconomic Theory as well as its modern development.
4   Be able to compare different choice mechanism of social choice and welfare.
5   Demonstrate engaging an independent empirical research in order to prepare a term project.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Advanced topics in consumer theory
2 Advanced topics in production theory
3 Advanced topics in welfare and social choice
4 Game theory
5 Economics of uncertainty
6 Economics of Information
7 Midterm
8 Applied Research
9 Applied Research
10 Applied Research
11 Applied Research
12 Applied Research
13 Applied Research
14 General Overview

Recomended or Required Reading

1. Various Articles
2. Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Assignments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.35 + STT * 0.25 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.35 + STT * 0.25 + RST* 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define advanced mathematical concepts used in microeconomic theory.
2. The learner will interpret the welfare implications of possible government interventions.
3. The learner will interpret the implications of microeconomic theory in evaluating and analyzing current market issues.
4. The learner will use necessary statistical and econometric tools to engage independent research and make it ready for submission to the academic journals.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 3 39
Preparing assignments 6 10 60
Preparing presentations 1 25 25
Preparation for midterm exam 1 35 35
Preparation for final exam 1 35 35
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 239

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.134
LO.2543
LO.354
LO.455
LO.5355