COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Mathematical Economics * TEP   309 5 2 3 3

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction Turkish
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof. Dr. Haydar ŞENGÜL
Instructors
Prof. Dr.HAYDAR ŞENGÜL1. Öğretim Grup:A
 
Assistants
Goals
To gain mathematical approach to define economic concepts and to introduce utilization of mathematical tools in economical problem solving
Content
Importance and benefits of using mathematics in economics; function and graphs in economics (functions of total return, demand functions and cost functions and graphs); derivative and its economic interpretation; economic applications of derivatives; power functions and logarithmic functions; matrices; determinants and linear functions

Learning Outcomes
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
is be able to explain and apply basic theories related to major science and engineering courses in order to form a foundation which enables him/her to understand advanced level subjects related to his/her profession
X
2
is able to describe, intorduce and evaluate crop and animal production techniques, tools and equipment used in this area and explain role, importance and development of agriculture in national and world economy
X
3
is able to describe characteristics and interrelations of all stages from production to consumption in agricultural sector; is able to describe basic concepts related to efficienct and sustianable use of resources; is able to explain and apply basic econ
X
4
is able to explain concepts, thought, theory and methods related to major economic, social, natural, cultural, institutional, organizational and legal factors affecting activities in agricultural sector and rural areas, also national and international for
5
is able to apply basic principles of economics to the problemes encountered in agricultural sector
X
6
is able to show and express economic and social data to be used in agricultural decision making process in tables, graphs and mathematical symbols
X
7
is able to apply ecosystem, biodiversity, sustainable resource management, rural development, planning and technology use related knowledge to crop and animal production and marketing processes
8
determines required data related to the analysis of problems encountered in agricultural sector, critically examines and uses those data, selects a proper frame, model and method for the analysis, and evaluates results of the analysis
X
9
uses basic information technologies in the analysis of economic and social data and uses software prepared for this purpose and interpretes results
X
10
is able to carry studies related to his/her field independently and according to the legal procedures; is able to give consultancy, supervising, and expertise services in those fields; is able to join to team works
11
is able to get access to actual and updated information in the field; is able to inquire knowledge obtained and use them for public benefit according to the purpose selected
X
12
is able to communicate with sepacialist and non-specialist people both in verbal and written form; is able to select most appropriate communications methods; is able to develop cooperation with stakeholders on producer and organization basis
X
13
acquires general and professional foreign language command at a sufficient level to observe professional developments and communicate with colleagues;is able to use information and communication technologies
14
is able to identify problems that can be encountered in agricultural sector; determines their context, evaluates effects of solutions, projects and policies applied in this context, produces solutions, projects and policy alternatives, foresees possible
X
15
is able to describe historical development of the profession, ethical principles obligatory during the performance of the profession and to be consicous of meticulous application of these principles

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Relationship between economics and mathematics. The importance of mathematics in economics Lecture notes and the relevant sections of recommended resources
2 Functions and graphics in Economics Lecture notes and the relevant sections of recommended resources
3 Demand function and demand curve Lecture notes and the relevant sections of recommended resources
4 Total Revenue function and curve Lecture notes and the relevant sections of recommended resources
5 Cost function and curve Lecture notes and the relevant sections of recommended resources
6 Derivative and its economic interpretation and rules of derivation Lecture notes and the relevant sections of recommended resources
7 Geometric mean of derivative and the equation of the tangent line Lecture notes and the relevant sections of recommended resources
8 Midterm Exam Preperation for midterm exam
9 Second and higher degree equations Lecture notes and the relevant sections of recommended resources
10 Applications of derivatives, decreasing, increasing functions, max and min values Lecture notes and the relevant sections of recommended resources
11 Average and mariginal functions, elasticity Lecture notes and the relevant sections of recommended resources
12 Power functions and logarithmic functions Lecture notes and the relevant sections of recommended resources
13 Compound Interest, growth, time value problems Lecture notes and the relevant sections of recommended resources
14 Matrices; determinants and linear functions Lecture notes and the relevant sections of recommended resources
15 General Review Lecture notes and the relevant sections of recommended resources
16-17 Final Exam Preperation for final exam

Recommended or Required Reading
Textbook
Additional Resources