TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | ECMZ304 |
| 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 | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Prof. Dr. KENAN LOPCU
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Analysing and understanding relations among economic factors by using mathematical methods, setting up and evaluating economic models
Course Content
First-order differential equations, higher order differential equations, first-order diffrence equations
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explaining firts-order differential equations |
| LO02 | Anlaysing economic applications of first-order differential equations |
| LO03 | Explaining higher-order differential equations |
| LO04 | Solving economic applications of higher -order differential equations |
| LO05 | Explaining firts-order difference equations and analyses their economics applications |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explains Econometric concepts | 0 |
| PLO02 | - | Acquires basic Mathematics, Statistics and Operation Research concepts | 4 |
| PLO03 | - | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO04 | - | Describes the necessary concepts of Business | 0 |
| PLO05 | - | Models problems with Mathematics, Statistics, and Econometrics | 4 |
| PLO06 | - | Estimates the model consistently and analyzes & interprets its results | 2 |
| PLO07 | - | Acquires the ability to analyze, benchmark, evaluate and interpret at conceptual levels to develop solutions to problems | 4 |
| PLO08 | - | Collects, edits, and analyzes data | 4 |
| PLO09 | - | Uses a package program of Econometrics, Statistics, and Operation Research | 0 |
| PLO10 | - | Effectively works, take responsibility, and the leadership individually or as a member of a team | 0 |
| PLO11 | - | Awareness towards life-long learning and follow-up of the new information and knowledge in the field of study | 0 |
| 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 | 3 |
| PLO13 | - | Uses Turkish and at least one other foreign language, academically and in the business context | 3 |
| PLO14 | - | Good understanding, interpretation, efficient written and oral expression of the people involved | 0 |
| PLO15 | - | Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development | 0 |
| PLO16 | - | Questions traditional approaches and their implementation while developing alternative study programs when required | 0 |
| PLO17 | - | Recognizes and implements social, scientific, and professional ethic values | 0 |
| PLO18 | - | Follows actuality, and interprets the data about economic and social events | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Economic dynamics, integral calculus and economic applications of integral | Reading the textbook | |
| 2 | First-order differential equations with constant coefficient and constant term | Reading the textbook | |
| 3 | Economic application: market price dynamics | Reading the textbook | |
| 4 | Equations with variable coefficient and variable term | Reading the textbook | |
| 5 | Exact differantial equations | Reading the textbook | |
| 6 | Nonlinear differantial equations, graphical analysis of dif. equations | Reading the textbook | |
| 7 | Economic application: Solow growth model | Reading the textbook | |
| 8 | Midterm exam | Studying the course content | |
| 9 | Second-degree dif. equations with constant coefficient and constant term | Reading the textbook | |
| 10 | Complex numbers and circular functions | Reading the textbook | |
| 11 | Analysis of complex-root case | Reading the textbook | |
| 12 | Economic application: a market model with price expactations | Reading the textbook | |
| 13 | Economic Application: the interaction of inflation and unemployment | Reading the textbook | |
| 14 | Dif.equations with variable term | Reading the textbook | |
| 15 | First-order difference equations | Reading the textbook | |
| 16 | Final exam | Studuying the whole course content | |
| 17 | Final exam | Studuying the whole course content |
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 | ||