Academic Catalog

ECON201 MICROECONOMIC THEORY I

Course Code: 3110201
METU Credit (Theoretical-Laboratory hours/week): 4(3-2)
ECTS Credit: 7.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Prof.Dr. SERKAN KKENEL
Offered Semester: Fall and Spring Semesters.
Prerequisite: Set 1: 2360120 , 3110101
Set 2: 2360120 , 3110211
Set 3: 2360120 , 3110210
Set 4: 1210231 , 2360120
Set 5: 2360120 , 3122801
Set 6: 2360120 , 3520101
Set 7: 2360117 , 3110101
Set 8: 2360125 , 3110101
Set 9: 2360126 , 3110101
Set 10: 2360117 , 3110211
Set 11: 2360125 , 3110211
Set 12: 2360126 , 3110211
Set 13: 2360117 , 3110210
Set 14: 2360125 , 3110210
Set 15: 2360126 , 3110210
Set 16: 1210231 , 2360117
Set 17: 1210231 , 2360125
Set 18: 1210231 , 2360126
Set 19: 2360117 , 3122801
Set 20: 2360125 , 3122801
Set 21: 2360126 , 3122801
One of the sets above should be completed before taking ECON201 MICROECONOMIC THEORY I .

Course Content

Scope and method, demand, supply and market prices; theory of consumer behaviour; applications; demand elasticity; theory of production and cost; pricing in competitive markets; general equilibrium and welfare economics.