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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. | |
| Code | EKMZ304 |
| Name | Mathematical Economics II |
| Term | 2019-2020 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Doç. Dr. ÇİLER SİGEZE GÜNEY
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to teach the analytical methods and quantitative techniques of macroeconomic analysis.
Course Content
Subject Matters and Methodology: Review of basic concepts, tools and recent developments in macroeconomics; Static Macroeconomic Models and Comparative static Analysis; Introduction to Dynamic Analysis; Rational Expectations and Alternative Theories of Economic Activity; Introduction to Optimal Control and Basic Growth Models Final examination
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Acquires the essentials of macroeconomic analysis and the mathematical techniques used. |
| LO02 | Performs the comparative static analysis of basic macroeconomic models. |
| LO03 | Learns the basic distinguishing features of dynamic macroeconomic models. |
| LO04 | Understands the dynamic analysis of basic rational expectations models. |
| LO05 | Becomes familiar with the basic analysis of main growth models. |
| LO06 | Acquires the ability to interpret the solutions obtained economically. |
| LO07 | Gains an introductory exposure to the main quantitative techniques (econometrics) used in the empirical analysis of macroeconomic activity and long term growth. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explains Econometric concepts | 3 |
| PLO02 | - | Acquires basic Mathematics, Statistics and Operation Research concepts | 5 |
| PLO03 | - | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO04 | - | Describes the necessary concepts of Business | 3 |
| PLO05 | - | Models problems with Mathematics, Statistics, and Econometrics | 5 |
| PLO06 | - | Estimates the model consistently and analyzes & interprets its results | 4 |
| PLO07 | - | Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems | 5 |
| PLO08 | - | Collects, edits, and analyzes data | 3 |
| PLO09 | - | Uses a package program of Econometrics, Statistics, and Operation Research | 2 |
| PLO10 | - | Effectively works, take responsibility, and the leadership individually or as a member of a team | 4 |
| PLO11 | - | Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study | 5 |
| PLO12 | - | 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 | 5 |
| PLO13 | - | Uses Turkish and at least one other foreign language, academically and in the business context | 4 |
| PLO14 | - | Good understanding, interpretation, efficient written and oral expression of the people involved | 4 |
| PLO15 | - | Improves himself/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development | 4 |
| PLO16 | - | Questions traditional approaches and their implementation while developing alternative study programs when required | 4 |
| PLO17 | - | Recognizes and implements social, scientific, and professional ethic values | 4 |
| PLO18 | - | Follows actuality, and interprets the data about economic and social events | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Subject Matters | Readings and problem set | |
| 2 | Methodology | Readings and problem set | |
| 3 | Methodology | Readings and problem set | |
| 4 | Static Macroeconomic Models and Comparative static Analysis | Readings and problem set | |
| 5 | Static Macroeconomic Models and Comparative static Analysis | Readings and problem set | |
| 6 | Introduction to Dynamic Analysis | Readings and problem set | |
| 7 | Introduction to Dynamic Analysis | Readings and problem set | |
| 8 | Mid-Term Exam | Problem Solving | |
| 9 | Adaptive Expectations and the Cagan Model | Readings and problem set | |
| 10 | Adaptive Expectations and the Cagan Model | Readings and problem set | |
| 11 | Rational Expectations: Properties and Solution Methods | Readings and problem set | |
| 12 | Alternative Theories of Macroeconomic Fluctuations | Readings and problem set | |
| 13 | Alternative Theories of Macroeconomic Fluctuations | Readings and problem set | |
| 14 | Introduction to Optimal Control and Basic Growth Models | Readings and problem set | |
| 15 | Introduction to Optimal Control and Basic Growth Models | Readings and problem set | |
| 16 | Term Exams | Problem Solving | |
| 17 | Term Exams | Problem Solving |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 20 |
| General Assessment | ||
| Midterm / Year Total | 100 | 20 |
| 1. Final Exam | - | 80 |
| 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 | 7 | 7 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 109 | ||
| Total Workload / 25 (h) | 4,36 | ||
| ECTS | 4 ECTS | ||