TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOS301 |
| Name | Mathematical Methods in Economics |
| Term | 2021-2022 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. SANLI ATEŞ |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Improvement of mathematical techniques for students in economics
Course Content
Matrix algebra, static and dynamic optimisation, comperative static analysis, differential and difference equations
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Mathematical eligiblity in comprehension of economics. |
| LO02 | Setting and analyzing eligibility of mathematical models in economics |
| LO03 | Making of economic decissions according to the mathematical model. |
| LO04 | Comprehend how economic models is established |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 1 |
| PLO02 | - | Define the role of pricing within the event advantage of the market economy | 1 |
| PLO03 | - | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 2 |
| PLO04 | - | Perceive the costs and benefits arising from the global economy | 1 |
| PLO05 | - | Produce nymerical and policy options when confronted with problems | 5 |
| PLO06 | - | Use quantitative and qualitative techniques of model building, decoding and interpretation | 5 |
| PLO07 | - | Use the theory of economics in the analysis of economic events | 4 |
| PLO08 | - | Use computer programs, do synthesis and present prepared data efficiently | 3 |
| PLO09 | - | Apply the methods of economic analysis. | 4 |
| PLO10 | - | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | - | Take responsibility individually and/or in a team, take leadership and work effectively | 1 |
| PLO12 | - | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 2 |
| PLO13 | - | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 1 |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 0 |
| PLO15 | - | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 2 |
| PLO16 | - | Question traditional attitudes, applications and methods, develop and apply new methods when needed. | 3 |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Matrix algebra | Lecture, Problem Solving | |
| 2 | Matrix algebra | Lecture, Problem Solving | |
| 3 | Static Comperative analysis | Lecture, Problem Solving | |
| 4 | Static Comperative analysis | Lecture, Problem Solving | |
| 5 | Static Comperative analysis | Lecture, Problem Solving | |
| 6 | Static Comperative analysis | Lecture, Problem Solving | |
| 7 | Static and Dynamic Optimization | Lecture, Problem Solving | |
| 8 | Mid-Term Exam | Lecture, Problem Solving | |
| 9 | Static and Dynamic Optimization | Lecture, Problem Solving | |
| 10 | Static and Dynamic Optimization | Lecture, Problem Solving | |
| 11 | First order differential equations | Lecture, Problem Solving | |
| 12 | First order differential equations | Lecture, Problem Solving | |
| 13 | First order differential equations | Lecture, Problem Solving | |
| 14 | Second order differential equations | Lecture, Problem Solving | |
| 15 | Second order differential equations | Lecture, Problem Solving | |
| 16 | Term Exams | Term Exams | |
| 17 | Term Exams | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Homework | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 25 | 25 |
| Total Workload (Hour) | 121 | ||
| Total Workload / 25 (h) | 4,84 | ||
| ECTS | 5 ECTS | ||