COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Mathematical Economics II ECMZ   304 6 3 3 4

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Assist.Prof.Dr. Cevat BİLGİN
Instructors
Prof.Dr.KENAN LOPCU1. Öğretim Grup:A
 
Assistants
Goals
Analysing and understanding relations among economic factors by using mathematical methods, setting up and evaluating economic models
Content
First-order differential equations, higher order differential equations, first-order diffrence equations

Learning Outcomes
1) Explaining firts-order differential equations
2) Anlaysing economic applications of first-order differential equations
3) Explaining higher-order differential equations
4) Solving economic applications of higher -order differential equations
5) Explaining firts-order difference equations and analyses their economics applications
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Explains Econometric concepts
2
Acquires basic Mathematics, Statistics and Operation Research concepts
X
3
Equipped with the foundations of Economics, and develops Economic models
X
4
Describes the necessary concepts of Business
5
Models problems with Mathematics, Statistics, and Econometrics
X
6
Estimates the model consistently and analyzes & interprets its results
X
7
Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems
X
8
Collects, edits, and analyzes data
X
9
Uses a package program of Econometrics, Statistics, and Operation Research
10
Effectively works, take responsibility, and the leadership individually or as a member of a team
11
Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study
12
Develops the ability of using different resources in the form of academic rules, synthesis the information gathered, and effective presentation in an area which has not been studied
X
13
Uses Turkish and at least one other foreign language, academically and in the business context
X
14
Good understanding, interpretation, efficient written and oral expression of the people involved
15
Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development
16
Questions traditional approaches and their implementation while developing alternative study programs when required
17
Recognizes and implements social, scientific, and professional ethic values
18
Follows actuality, and interprets the data about economic and social events
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Economic dynamics, integral calculus and economic applications of integral Reading the textbook Lecture
Drilland Practice
2 First-order differential equations with constant coefficient and constant term Reading the textbook Lecture
Drilland Practice
3 Economic application: market price dynamics Reading the textbook Lecture
Drilland Practice
4 Equations with variable coefficient and variable term Reading the textbook Lecture
Drilland Practice
5 Exact differantial equations Reading the textbook Lecture
Drilland Practice
6 Nonlinear differantial equations, graphical analysis of dif. equations Reading the textbook Lecture
Drilland Practice
7 Economic application: Solow growth model Reading the textbook Lecture
Drilland Practice
8 Midterm exam Studying the course content Testing
9 Second-degree dif. equations with constant coefficient and constant term Reading the textbook Lecture
Drilland Practice
10 Complex numbers and circular functions Reading the textbook Lecture
Drilland Practice
11 Analysis of complex-root case Reading the textbook Lecture
Drilland Practice
12 Economic application: a market model with price expactations Reading the textbook Lecture
Drilland Practice
13 Economic Application: the interaction of inflation and unemployment Reading the textbook Lecture
Drilland Practice
14 Dif.equations with variable term Reading the textbook Lecture
Drilland Practice
15 First-order difference equations Reading the textbook Lecture
Drilland Practice
16-17 Final exam Studuying the whole course content Testing

Recommended or Required Reading
Textbook
Additional Resources