| Course Type | Elective Course |
| Course Level | Master's Degree Without Thesis |
| Year of Study | - |
| Semester | - |
| ECTS | 10 |
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Know the research subject of managerial economics and its connection with a business.
- Know the fundamental knowledge about business size, business mergers and collaborations.
- Know the business environment and its relations.
- Describe how microeconomic equilibrium is achieved through supply and demand.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | |
| Course Description | Within the scope of the course, the subjects of Business Administration and Economics are presented together. It is aimed to inform the students who take the course about the economic aspects of businesses, the environment of businesses, their structure, fundamental concepts, size, business mergers, selection of establishment location and fundamental business functions. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Markets and prices / Fundamentals of Supply and demand |
|
2nd Week |
Consumer Behavior |
|
3rd Week |
Individual and Market Request |
|
4th Week |
Uncertainty and Consumer Behavior |
|
5th Week |
Production, Production Costs |
|
6th Week |
Profit Maximization and Competitive Supply |
|
7th Week |
Analysis of Competitive Markets |
|
8th Week |
Midterm |
|
9th Week |
Market Reward Price |
|
10th Week |
Game Theory |
|
11th Week |
Factor Markets |
|
12th Week |
Investment, Time and Capital Markets |
|
13th Week |
Economic Activity |
|
14th Week |
Asymmetric Information, Externalities and Public Goods |
|
15th Week |
General Review |
|
| Recommended or Required Reading | Robert Pindyck and Daniel L. Rubinfeld, Microeconomics, 8th ed. Boston: Pearson, 2015. |
| Planned Learning Activities and Teaching Methods |
- Lecture
- Discussion
- Questions/Answers
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Presentation of Case Study |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
10 |
10 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
|
|
|
| Preparation for Final exam |
|
|
|
| Course hours |
|
|
|
| Preparation for Midterm exam |
|
|
|
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
20 |
20 |
| Homework |
|
|
|
| Total Work Load | 30 |
| Total Work Load / 30 (h) | 1 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | English |
| Work Placement(s) | No |