Çankaya University

FEAS

Fall 2018

ECON 205 MICROECONOMICS

Section (01)
Lecture Hours :  Tuesday  09:20-10:10    Thursday 11:20-12:10                                                      10:20-11:10                     12:20-13:10   

Office Hours:  Tuesday 13:20-14:10  Wednesday  09:20-10:10          

 

Section (02)
Lecture Hours :  Tuesday  11:20-12:10    Thursday 09:20-10:10                                                      12:20-13:10                     10:20-11:10   

Office Hours:  Tuesday 13:20-14:10  Wednesday  09:20-10:10 

 

TEXT: 

Microeconomics and Behavior, by Robert H. Frank (9th Edition), McGraw Hill, 2015.

RECOMMENDED TEXT-BOOK:  

·         Case, K. E., Fair, R. C. and Oster S. E. (2016), Principles of Economics, Global Edition (12e), Pearson Education Limited.

·         Perloff, J. M. (2012), Microeconomics, Global Edition, Sixth Edition, Pearson Education Limited.

·         Hubbard R.G. and  O’Brien A. P. (2012), Economics, Fourth Edition, Pearson Education, New Jersey.

·         Pindyck R. S. and Rubinfeld D.L. (2013), Microeconomics, Eighth Edition, Pearson.

COURSE ANNOUNCEMENTS:

Students should check their e-mails regularly for updates on the course, exams, lecture notes & announcements.

GRADING:

Midterm Exam: 40%

 

Final Exam : 50%

 

Quizzes(2*5 points): 10%

 

EXAMS:

Exam attendance is required, so make-ups will be given only in cases of officially documented emergencies and only with advance notice and arrangement. I reserve the right to refuse to give a make-up exam. Any student found cheating will receive an ‘FF’ for the course and will be referred to the Dean for appropriate action. Exam grades may be scaled up/down depending on the average and standard deviation of the grades. Dates, times and locations of the exams will be announced in advance.

QUIZZES:

There will be short pre-announced quizzes throughout the semester, at a prespecified date by the instructors.

ATTENDANCE:

Lecture attendance is strongly recommended. I may take attendance on occasion during lectures. In addition, your in-class performance and participation to class discussion will matter for your final grade. According to University Academic Regulations, students should not miss more than 30% of the course hours. Using cell phones is not allowed during lectures.

COURSE OUTLINE (TENTATIVE)

WEEK

SUBJECT

CHAPTER

1

Syllabus and Introduction

 

2

Thinking Like an Economist - Supply and Demand

1 & 2

3

Rational Consumer Choice

3

4

Individual and Market Demand

4

5

Applications of Rational Choice and Demand Theories

5

6

Review

 

7

Mid-Term Exam

 

8

Production

8

9

Costs

9

10

Perfect Competition

10

11

Monopoly

11

12

Imperfect Competition

13

13

Factor Markets

14 & 15

14

Review