Course Code : SYB 107
Course Name: MICROECONOMY I
Weekly lecture and application hours of the course: 3-0
Course description: Definition and purpose of microeconomy, consumer theory: budget constraint, preferences, benefits, changes in demand and demand, consumer surplus, individual and market demand, intertemporal preference, uncertainty and information, firm theory: technology, manufacturer’s problem, cost curves, firm supply, industry supply, imperfect competition: monopoly, monopolistic competition, oligopoly, factor pricing and distribution.
Textbooks and supplementary books:
1- Microeconomics, Jeffrey M. Perloff-Bilim Teknik Publishing House
Participation / Attendance : 10%,
Mid-Term Exam : 30%,
Homework : 10%,
Final Exam : 50%,
Attendance is at least 95 % mandatory.