MACROECONOMICS

MVE158

Course Code: MVE158
Semester: -
Theory+Practice: 3 + 0
ECTS: 4

Course Type

Elective Course

Course Level

Associate Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Describe the mathematical tools used in macroeconomic analysis. 2) Formulate the decision-making process of economic agents using
Formulate the decision-making process of economic agents using optimization problems.
Explain the consumption and saving behaviors theoretically.
Examine the effects of monetary and fiscal policies on economic individuals.
Integrate the data with macroeconomic theories.
Use the knowledge learned in further education in lifelong analysis of events and decision-making.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

ECON101

Course Description

This course presents the basic analytical tools of microeconomics. It describes decision making process of individuals and how these decisions are optimized by using consumer and firm theory. Then how competitive markets function and what happens after government interventions are analysed.

Course Contents

WEEK	TOPICS
1^st Week	Markets and Prices
2^nd Week	Consumer Behaviour
3^rd Week	Individual and Market Demand
4^th Week	Production
5^th Week	Cost of Production in Short Run
6^th Week	Cost of Production in Long Run
7^th Week	Profit Maximization
8^th Week	Midterm
9^th Week	Competitive Supply
10^th Week	Analysis of Competitive Markets
11^th Week	Market Power: Monopoly
12^th Week	Market Power: Monopsony
13^th Week	Market Power and Pricing
14^th Week	Market Power and Welfare
15^th Week	Market Power and Welfare

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5	LO6
K1
K2
K3
K4
K5
K6
K7
K8
K9
K10