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SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code Course Name Year Semester Theoretical Practical Credit ECTS
60311TAEOZ-ECO3194 Industrial Economics 2 Spring 2 2 3 5
Course Type : Compulsory
Cycle: Bachelor      TQF-HE:6. Master`s Degree      QF-EHEA:First Cycle      EQF-LLL:6. Master`s Degree
Language of Instruction: English
Prerequisities and Co-requisities: N/A
Mode of Delivery: Face to face
Name of Coordinator: Doçent Dr. NEVZAT EVRİM ÖNAL
Dersin Öğretim Eleman(lar)ı: Doçent Dr. NEVZAT EVRİM ÖNAL
Dersin Kategorisi: Programme Specific

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives: To understand oligopolistic market structure. analyse Cournot’s and Stackelberg’s model. understand the market outcomes when the choice
variable is changed from quantity to price – Bertrand model. understand dominant firm’s strategy of price determination. To have understanding of application of game theory to oligopoly
Course Content: Endüstri Yapısını Belirlemek İçin Kullanılan Yöntemler Farklı Endüstri Yapılarında Firmalar Monopol Modeli Firmalar Arası Anlaşmalar Firmalar arası anlaşmalar-
Endüstriye Giriş ve Çıkışlar Endüstriye Giriş ve Çıkışlar Firmalarda Piyasa Gücüne Göre Fiyatlama Asimetrik Bilgi ve Piyasa Bilgi ve Stratejik Davranış Oyun Teorisi
This course employs the project-based learning approach. In this respect aside from the conventional content the course has a project-based learning component. The project based- learning component aims realising one or more projects designed for learning purposes involving the development of certain intermediary and final deliverables in a step-by-step mannerby the students individually or in project teams. The evaluation of the project-based learning component involves grading the project deliverables and the project works by the instructor and/or a jury.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
Knowledge (Described as Theoritical and/or Factual Knowledge.)
  1) Define the advance pricing strategies which companies apply
  2) define asymmetric information.
Skills (Describe as Cognitive and/or Practical Skills.)
  1) Define vertical integration.
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)

Weekly Course Schedule

Week Subject
Materials Sharing *
Related Preparation Further Study
1) Economic Organizations Reading assignment, Preparatory study Project work, Homework assignment
2) Assigning of project subjects Reading assignment, Preparatory study Project work, Homework assignment
3) Entering and exiting the industries,Methods that are used to identify the industry structure Reading assignment, Preparatory study Project work, Homework assignment
4) Firms that are in the different industries Reading assignment, Preparatory study Project work, Homework assignment
5) The model of monopoly Reading assignment, Preparatory study Project work, Homework assignment
6) Delivery of project interim products Reading assignment, Preparatory study Project work, Homework assignment
7) Aggrements among the firms Reading assignment, Preparatory study Project work, Homework assignment
8) Midterm Reading assignment, Preparatory study Project work, Homework assignment
9) Entering and exiting the industries Reading assignment, Preparatory study Project work, Homework assignment
10) Asymmetric Information and the Market Reading assignment, Preparatory study Project work, Homework assignment
11) Pricing Strategies Acording to Firms Market Power Reading assignment, Preparatory study Project work, Homework assignment
12) Information and Stratejik Behavior Reading assignment, Preparatory study Project work, Homework assignment
13) Game Theory Reading assignment, Preparatory study Project work, Homework assignment
14) Project presentation Reading assignment, Preparatory study Project work, Homework assignment
15) Review Reading assignment, Preparatory study Project work, Homework assignment
*These fields provides students with course materials for their pre- and further study before and after the course delivered.

Recommended or Required Reading & Other Learning Resources/Tools

Course Notes / Textbooks: N. Gregory Mankiw, 2020, Principles of Microeconomics, 8th Edition, ISBN-13: 978-1305971493

References: John von Neumann, Oskar Morgenstern, 2007, Theory of Games and Economic Behavior: 60th Anniversary Commemorative Edition (Princeton Classic Editions),

SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs)

(The matrix below shows how the course learning outcomes (CLOs) associates with programme learning outcomes (both KPLOs & SPLOs) and, if exist, the level of quantitative contribution to them.)

Relationship Between CLOs & PLOs

(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
CLOs/PLOs KPLO 1 KPLO 2 KPLO 3 KPLO 4 KPLO 5
1 1 2 3 4 5 1 2 3 4 5 6 7 8 9 1 2 3 4 1 2 3 4 5 6 7 8 9 10 11 12
CLO1
CLO2
CLO3

Level of Contribution of the Course to PLOs

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Programme Learning Outcomes Contribution Level (from 1 to 5)
1) Uses and applies theoretical and applied sciences in the field of basic science subjects for the solution of management engineering problems. 5
2) Analyzes Management Engineering applications, designs and develops models to meet specific requirements under realistic constraints and conditions. For this purpose, it selects and uses appropriate methods, tools and technologies. 4
3) Owns the competencies required by the constantly developing field of management engineering and the global competitive environment. 3
4) Applies the theoretical knowledge in business life during a semester. 1
5) S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field.

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Teaching and Learning Methods defined at the Programme Level
Teaching and Learning Methods Defined for the Course
Lectures
Discussion
Case Study
Problem Solving
Demonstration
Views
Laboratory
Reading
Homework
Project Preparation
Thesis Preparation
Peer Education
Seminar
Technical Visit
Course Conference
Brain Storming
Questions Answers
Individual and Group Work
Role Playing-Animation-Improvisation
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Aassessment and evaluation Methods defined at the Programme Level
Assessment and Evaluation Methods defined for the Course
Midterm
Presentation
Final Exam
Quiz
Report Evaluation
Homework Evaluation
Oral Exam
Thesis Defense
Jury Evaluation
Practice Exam
Evaluation of Implementation Training in the Workplace
Active Participation in Class
Participation in Discussions

Relationship Between CLOs & Teaching-Learning, Assesment-Evaluation Methods of the Course

(The matrix below shows the teaching-learning and assessment-evaluation methods designated for the course unit in relation to the course learning outcomes.)
LEARNING & TEACHING METHODS
COURSE LEARNING OUTCOMES
ASSESMENT & EVALUATION METHODS
CLO1 CLO2 CLO3
-Lectures -Midterm
-Discussion -Presentation
-Case Study -Final Exam
-Problem Solving -Quiz
-Demonstration -Report Evaluation
-Views -Homework Evaluation
-Laboratory -Oral Exam
-Reading -Thesis Defense
-Homework -Jury Evaluation
-Project Preparation -Practice Exam
-Thesis Preparation -Evaluation of Implementation Training in the Workplace
-Peer Education -Active Participation in Class
-Seminar - Participation in Discussions
-Technical Visit
-Course Conference
-Brain Storming
-Questions Answers
-Individual and Group Work
-Role Playing-Animation-Improvisation
-Active Participation in Class

Contribution of Assesment & Evalution Activities to Final Grade of the Course

Measurement and Evaluation Methods # of practice per semester Level of Contribution
Project 2 % 20.00
Midterms 1 % 30.00
Semester Final Exam 1 % 50.00
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE

WORKLOAD OF TEACHING & LEARNING ACTIVITIES
Teaching & Learning Activities # of Activities per semester Duration (hour) Total Workload
Course 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 3 42
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 4 6 24
Total Workload of Teaching & Learning Activities - - 108
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES
Assesment & Evaluation Activities # of Activities per semester Duration (hour) Total Workload
Quizzes 3 2 6
Midterms 1 6 6
Semester Final Exam 1 12 12
Total Workload of Assesment & Evaluation Activities - - 24
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) 132
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) 5