Information
Code | IEM708 |
Name | Mathematical Economics II |
Term | 2022-2023 Academic Year |
Semester | . Semester |
Duration (T+A) | 3-0 (T-A) (17 Week) |
ECTS | 6 ECTS |
National Credit | 3 National Credit |
Teaching Language | Türkçe |
Level | Yüksek Lisans Dersi |
Type | Normal |
Mode of study | Yüz Yüze Öğretim |
Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
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
Successful completion of IEM 707 Matematiksel İktisat I
Resources
Alpha C. Chiang and Kevin Wainwright, Fundamental Methods of Mathematical Economics, 4th edition, McGraw-Hill, 2005 .
Notes
Lecture 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 | Bilgi - Kuramsal, Olgusal | Explains contemporary concepts about Econometrics, Statistics, and Operation Research | 3 |
PLO02 | Bilgi - Kuramsal, Olgusal | Explains relationships between acquired knowledge about Econometrics, Statistics, and Operation Research | 3 |
PLO03 | Bilgi - Kuramsal, Olgusal | Explains how to apply acquired knowledge in the field to Economics, Business, and other social sciences | 5 |
PLO04 | Beceriler - Bilişsel, Uygulamalı | Performs conceptual analysis to develop solutions to problems | 5 |
PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | 5 |
PLO06 | Beceriler - Bilişsel, Uygulamalı | Interprets the results obtained from the most appropriate method to predict the model | 5 |
PLO07 | Beceriler - Bilişsel, Uygulamalı | Synthesizes the information obtained by using different sources within the framework of academic rules in a field that does not research | 4 |
PLO08 | Beceriler - Bilişsel, Uygulamalı | Uses acquired knowledge in the field to determine the vision, aim, and goals for an organization/institution | |
PLO09 | Beceriler - Bilişsel, Uygulamalı | Searches for new approaches and methods to solve problems being faced | 5 |
PLO10 | Beceriler - Bilişsel, Uygulamalı | Presents analysis results conveniently | 4 |
PLO11 | Beceriler - Bilişsel, Uygulamalı | Collects/analyzes data in a purposeful way | |
PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Converts its findings into a master's thesis or a professional report in Turkish or a foreign language | 3 |
PLO13 | Beceriler - Bilişsel, Uygulamalı | Develops solutions for organizations using Econometrics, Statistics, and Operation Research | 4 |
PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Performs an individual work to solve a problem with Econometrics, Statistics, and Operation Research | |
PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in the field of study | |
PLO17 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research or writes a new code | |
PLO18 | 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 | |
PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on economic and social events by following current issues | |
PLO20 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 5 |
Week Plan
Week | Topic | Preparation | Methods |
---|---|---|---|
1 | Subject Matters | Readings and problem set | Öğretim Yöntemleri: Anlatım |
2 | Methodology | Readings and problem set | Öğretim Yöntemleri: Anlatım |
3 | Methodology and application | Readings and problem set | Öğretim Yöntemleri: Alıştırma ve Uygulama, Anlatım |
4 | Introduction to Static Macroeconomic Models | Readings and problem set | Öğretim Yöntemleri: Anlatım |
5 | Introduction to Static Macroeconomic Models and Comparative static Analysis | Readings and problem set | Öğretim Yöntemleri: Anlatım |
6 | Introduction to Dynamic Analysis | Readings and problem set | Öğretim Yöntemleri: Anlatım |
7 | Dynamic Analysis | Readings and problem set | Öğretim Yöntemleri: Anlatım |
8 | Mid-Term Exam | Problem Solving | Ölçme Yöntemleri: Yazılı Sınav |
9 | Introduction to Adaptive Expectations and the Cagan Model | Readings and problem set | Öğretim Yöntemleri: Anlatım |
10 | Adaptive Expectations and the Cagan Model | Readings and problem set | Öğretim Yöntemleri: Anlatım |
11 | Introduction to Rational Expectations | Readings and problem set | Öğretim Yöntemleri: Anlatım |
12 | Rational Expectations: Properties and Solutions | Readings and problem set | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
13 | Alternative Theories of Macroeconomic Fluctuations | Readings and problem set | Öğretim Yöntemleri: Anlatım |
14 | Introduction to Optimal Control and Basic Growth Models | Readings and problem set | Öğretim Yöntemleri: Anlatım |
15 | Optimal Control and Basic Growth Models | Readings and problem set | Öğretim Yöntemleri: Anlatım |
16 | An overview | Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
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 | 5 | 70 |
Assesment Related Works | |||
Homeworks, Projects, Others | 0 | 0 | 0 |
Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
Final Exam | 1 | 30 | 30 |
Total Workload (Hour) | 157 | ||
Total Workload / 25 (h) | 6,28 | ||
ECTS | 6 ECTS |