Fall 2025 Intermediate Microeconomic Theory
I am teaching Microeconomic Theory to second-year undergraduate students in the Department of Economics at Universidad Carlos III de Madrid, Spain.
This course provides an analytical foundation for understanding how markets function and how resources are allocated efficiently in competitive environments. It focuses on equilibrium and efficiency in exchange and production economies, exploring the First and Second Welfare Theorems and their implications for social welfare. The course also covers the analysis of externalities, examining both private and public responses, including property rights, Coasean bargaining, and corrective taxation and subsidy mechanisms.
Students develop formal reasoning skills in microeconomic analysis, applying calculus-based methods to study consumer and producer optimization, general equilibrium, and welfare. The course emphasizes the theoretical underpinnings and methodology of modern microeconomics, preparing students for more advanced analysis in fields such as industrial organization, public economics, and game theory.
Teaching Components:
Lectures introduce key theoretical frameworks and formal derivations.
Recitations reinforce problem-solving and mathematical applications.
Assessments include a midterm and final exam, complemented by graded problem sets and attendance-based adjustments.
Primary Textbook:
R. Serrano and A. Feldman, A Short Course in Intermediate Microeconomics with Calculus, 2nd Edition, Cambridge University Press, 2018.
Alternative References:
H. Varian, Intermediate Microeconomics with Calculus: A Modern Approach, W. W. Norton, 2014.
W. Nicholson and C. Snyder, Microeconomic Theory: Basic Principles and Extensions, Cengage Learning, 2016.
F. Cowell, Microeconomics: Principles and Analysis, Oxford University Press, 2006.
Spring 2023 and Spring 2024 INDR 202 ENGINEERING ECONOMICS
I taught Finance for Industrial Engineering for second-year undergraduate students in Koç University, Istanbul Turkey.
Financial accounting principles and cost systems for engineering economic analyses, Cost-volume-profit analyses, discounted cash flow and budgeting techniques are the main topics.
Course Overview : This course will introduce various concepts and methods of economic analysis in engineering, including the time value of money and its effect on economic decisions, economic equivalence, economic measures of worth, cash flow analysis, equipment depreciation, effects of taxation and inflation, decision making under uncertainty, capital budgeting, replacement decisions, and benefit-cost analysis.
The Main Textbook: Fundamentals of Engineering Economics, Edition: 4th (ISBN: 978-1-292-26479-0) Author: Chan S. Park Publisher: Pearson (Year: 2020).
These experiences allowed me to develop course materials, lead lectures, design assessments, and mentor students, honing my ability to communicate complex economic concepts effectively.
I served as a teaching assistant at Bilkent University and Koç University, assisting in undergraduate courses such as Econometrics and Microeconomics, as well as a graduate-level Advanced Microeconomics course. My role included grading, conducting tutorials, and facilitating discussions, which strengthened my ability to support students with different learning needs.