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Information
| Code | İKT731 |
| Name | Economics and Mathematics |
| Term | 2023-2024 Academic Year |
| Semester | . Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. SANLI ATEŞ |
Course Goal / Objective
Acquiring to analyze, establish model, figure out the problems in economic theory by mathematical techniques.
Course Content
Comperative static analysis, Optimization, Dynamic Analysis
Course Precondition
Basic math knowledge is required.
Resources
Fundamental Methods of Mathematical Economics (Alpha Chiang, McGraw-Hill, New York, 2005, 4th Edition)
Notes
Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences (Ernest Haeussler, Richard Paul, Richard Wood, Pearson, 14th Edition, 2022)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Comprehend the importance of mathematical techniques in economic theory |
| LO02 | Comprehend and solve the dynamic problems in economic theory |
| LO03 | Comprehend and solve the optimization problems in economic theory |
| LO04 | Comprehend and solve the comperative static problems in economic theory |
| LO05 | Easily comprehends articles and books in which mathematical modeling is used extensively in the field of economics. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Gains expertise in economics. | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 2 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explains basic macroeconomic problems such as unemployment, inflation, current account deficit and policies to solve these problems based on scientific sources. | 3 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Builds, decodes and interprets models by using quantitative and qualitative techniques | 2 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Learning the application of programme packages like SAS, RATS, SPSS, TSP, Win BUGS, EViews, etc to do analyses of empirical data. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 2 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO10 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data to do her research. | |
| PLO14 | Beceriler - Bilişsel, Uygulamalı | Understands the necessity and importance of research in social sciences. | |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Understands the relationship between economics and other branches of science. | |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Fundamental methods in mathematics (matrix, Funtional analysis)-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Fundamental methods in mathematics (matrix, Funtional analysis)-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Comperative static analysis-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Comperative static analysis-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Comperative static analysis-3 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Optimization-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Optimization-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Optimization-3 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | First order differential equations-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | First order differential equations-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Second order differential equations-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Second order differential equations-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | System of first order differential equations-1 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | System of first order differential equations-2 | Lecture, Case Study, Problem Solving | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 16 | Term Exams | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Term Exams | 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 | 17 | 17 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 125 | ||
| Total Workload / 25 (h) | 5,00 | ||
| ECTS | 5 ECTS | ||