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Information
| Code | EKMZ303 |
| Name | Mathematical Economics I |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
Course Goal
The aim of this course is to teach the analytical methods and quantitative techniques of microeconomic analysis.
Course Content
Profit maximization for diffrent markets, Keynesian multiplier, Matrix applications to economic models, multivariable optimization with and without constraints.
Course Precondition
Successful completion of Mathematics I-II, Introduction to Economics I, Statistics I-II, and Microeconomics I-II
Resources
Alpha C. Chiang ve Kevin Wainwright, Matematiksel İktisadın Temel Yöntemleri, 4. baskıdan çeviri (Çevirenler: Muzaffer Sarımeşeli ve Şenay Açıkgöz), Gazi Kitabevi, Ankara, 2005.
Notes
Robert S. Pindyck ve Daniel L. Rubinfeld, Mikroiktisat, 8. Baskıdan Çeviri (Editörler: Ertuğrul Deliktaş ve Metin Karadağ), Palme Yayıncılık, Ankara, 2014. Karl E. Case, Ray C. Fair ve Sharon M. Oster, Ekonominin İlkeleri, 9. Baskıdan çeviri (Editörler: Ertuğrul Deliktaş, Metin Karadağ ve Mehmet Güçlü), Palme Yayıncılık, Ankara, 2011. Lecture Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Applying matrix theory to economic models |
| LO02 | Analysing profit maximization for different markets |
| LO03 | Analysing the utility maximization and expenditure minimization |
| LO04 | Analysing multivariable optimization with constraints |
| LO05 | Analysing multivariable optimization without constraints |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 5 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Has the ability to analyze/interpret at the conceptual level to develop solutions to problems | 5 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data | 3 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field which does not research | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | It develops traditional approaches, practices and methods into new working methods when it deems necessary | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 5 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Subject Matters and Methodology | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 2 | Methodology | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 3 | Methodology and economic application | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 4 | Market Theory and Structures | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 5 | Market Theory and Structures -output approach | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 6 | Consumer Theory | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 7 | Consumer Theory and Demand Analysis | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 8 | Mid-Term Exam | Problem Solving | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Producer Theory and Supply Analysis-I | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 10 | Producer Theory and Supply Analysis-II | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 11 | Producer Theory and Supply Analysis-III | Readings and problem set | Öğretim Yöntemleri: Anlatım |
| 12 | Producer Theory and Supply Analysis-IV | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 13 | Introduction to Welfare Economics | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 14 | Introduction to Linear Programming | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 15 | Review | Readings and problem set | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 16 | Term Exams | Problem Solving | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Problem Solving | Ölçme Yöntemleri: Yazılı Sınav |
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 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||