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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
ECONOMICS OF PRODUCTION ECON436 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Comprehend production, cost, profit, demand and supply functions in detail
2) Understand how firms operate under risk and uncertainty.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONThis course deals with the production side of the economy and examines basic issues such as supply/demand/profit/cost/production.
COURSE CONTENTS
WEEKTOPICS
1st Week Scope/Nature of Production Economics and Structure of Business Enterprise
2nd Week Scope/Nature of Production Economics and Structure of Business Enterprise
3rd Week Scope/Nature of Production Economics and Structure of Business Enterprise
4th Week Theories of The Firm and Pricing Strategies/Practices
5th Week Theories of The Firm and Pricing Strategies/Practices
6th Week Theories of The Firm and Pricing Strategies/Practices
7th Week Decision Making Under Risk and Uncertainty
8th Week Midterm
9th Week Decision Making Under Risk and Uncertainty
10th Week Production and Cost Analysis
11th Week Production and Cost Analysis
12th Week Production and Cost Analysis
13th Week Project Management and Pricing Decision
14th Week Project Management and Pricing Decision
RECOMENDED OR REQUIRED READINGThomam C.R & Maurice, S.C., Managerial Economics, 2005.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term150
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz
Individual or group work14342
Preparation for Final exam13030
Course hours14342
Preparation for Midterm exam12525
Laboratory (including preparation)
Final exam111
Homework
Total Workload141
Total Workload / 304,7
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
LO1LO2
K1   
K2  X  
K3    X
K4   
K5  X  
K6   
K7  X  
K8    X
K9  X   X
K10   
K11   
K12   
K13