Announcements

  1. Course page is on line (Sep. 21)
  2. Midterm Exam schedule announced. Nov. 12, 10:00-12:00, D10.(Oct.29)
  3. Midterm Exam schedule change: Nov.19, 10:00-12:00, D10. (Nov.5)
  4. Midterm results announced. (Dec.14)
  5. Final Exam: January 9 (Wed), 9:00-11:00 @ D8 - D10. Computer Engineering.
  6. Final Exam Result announced. (Jan.18)

 

Personnel

Instructor: Shihomi Ara-Aksoy
(Office: İİBF, İktisat Bölümü, Email: )

Course Information

Schedule: Wednesdays 9:00-11:45, D10 (Computer Engineering)

Office hours: Mondays 16:00-17:00, Tuesdays 13:00-14:00 Or By Appointment

Course description
/objective:

The objective of this course is to introduce the basic concepts and tools used in economic analysis.  In this course, the structures of Microeconomics will be mainly discussed. Students are expected to learn “economic” ways of thinking and understand the economic events in our economy and society by using the learned economic concepts.  A brief introduction to Macroeconomics will also be given.


Texts

Course Syllabus

Lecture Schedule

Week

Contents

Week 1

(Sep. 24)

Topics:
  • The Scope and Method of Economics
Readings:
  • Ch. 1

Week 2

(Oct. 1)

No Class

Week 3

(Oct. 8)

Topics:
  • The Economic Problem; Scarcity and Choice
Readings:
  • Ch. 2

Additional material for understanding PPF

  •  Production Possibility Frontier: ppf.xls

Homework: Questions 4,6,8 (pp43-44), Read Economic Systems (p39)

Week 4

(Oct. 15)

Topics:
  • Demand, Supply and Market Equilibrium
Readings:
  • Ch. 3

Week 5

(Oct. 22)

Topics:
  • Demand and Supply Applications
  • Elasticity
Readings:
  • Ch. 4, Ch. 5

Week 6

(Oct. 29)

No Class

Week 7

(Nov.5)

Topics:
  • Household Behavior and Consumption Choice
Readings:
  • Ch. 6

Week 8

(Nov. 12)

Practice Session

Week 9

(Nov. 19)

Midterm Exam
Coverage: Ch1 - Ch5
Bring Calculator


Midterm Result

Week 10

(Nov. 26)

Topics:
  • The Production Process: The Behavior of Profit-Maximizing Firms
Readings:
  • Ch. 7
Topics:
  • Monopoly
  • Monopolistic Competition and Oligopoly
Readings:
  • Ch. 13, Ch. 14

Week 11

(Dec. 3)

Topics:
  • Externalities, Public Goods, Imperfect Information, and Social Choice
Readings:
  • Ch. 15

Week 12

(Dec. 10)

No Class

Week 13

(Dec. 17)

Topics:
  • Income Distribution and Poverty
  • Public Finance: The Economics of Taxation
Readings:
  • Ch. 16, Ch. 17

Week 14

(Dec. 24)


Topics:
  • Introduction to Macroeconomics
  • Measuring National Output and National Income
Readings:
  • Ch. 18, Ch. 19

Final Exam

(TBA)

Exams

Grading Policy

Midterm Exam50%
Final Exam50%

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