IKS301 Mathematical Methods in Economics

5 ECTS - 3-0 Duration (T+A)- 5. Semester- 3 National Credit

Information

Code IKS301
Name Mathematical Methods in Economics
Term 2024-2025 Academic Year
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 Doç. Dr. SANLI ATEŞ
Course Instructor
1


Course Goal / Objective

Improvement of mathematical techniques for students in economics

Course Content

Matrix algebra, static and dynamic optimisation, comperative static analysis, differential and difference equations

Course Precondition

Basic knowledge of mathematics, microeconomics and macroeconomics is required.

Resources

Fundamental Methods of Mathematical Economics- Kevin Wainwright, Alpha Chiang

Notes

Fundamental Methods of Mathematical Economics- Kevin Wainwright, Alpha Chiang


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Comprehends the importance of mathematical analysis in economics.
LO02 Creates and analyzes models in economics.
LO03 Creates economic policies depending on the results of mathematical analysis.
LO04 Comprehend how economic models is established
LO05 Explains the reasons of economic changes mathematically.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
PLO02 Bilgi - Kuramsal, Olgusal Define the role of pricing within the event advantage of the market economy. 4
PLO03 Bilgi - Kuramsal, Olgusal Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 1
PLO04 Bilgi - Kuramsal, Olgusal Perceive the costs and benefits arising from the global economy 1
PLO05 Bilgi - Kuramsal, Olgusal Produce numerical and policy options when confronted with problems. 4
PLO06 Bilgi - Kuramsal, Olgusal Use quantitative and qualitative techniques of model building, decoding and interpretation. 3
PLO07 Beceriler - Bilişsel, Uygulamalı Use the theory of economics in the analysis of economic events.
PLO08 Beceriler - Bilişsel, Uygulamalı Use computer programs, do synthesis and present prepared data efficiently.
PLO09 Beceriler - Bilişsel, Uygulamalı Apply the methods of economic analysis. 4
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 3
PLO11 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively.
PLO12 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Take responsibility individually and / or in a team, take leadership and work effectively.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself..
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements of academic and work life.
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language.
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Question traditional approaches, practices and methods.
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values.


Week Plan

Week Topic Preparation Methods
1 Matrix algebra Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
2 Matrix algebra (Continued) Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
3 Static Comperative analysis Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
4 Static Comperative analysis-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
5 Static Comperative analysis-3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
6 Static and Dynamic Optimization Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
7 Static and Dynamic Optimization-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
8 Mid-Term Exam Mid-Term Exam Ölçme Yöntemleri:
Yazılı Sınav
9 Static and Dynamic Optimization-3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
10 Static and Dynamic Optimization-4 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
11 First order differential equations Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
12 First order differential equations-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
13 First order differential equations-3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
14 Second order differential equations Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
15 Second order differential equations-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım, Örnek Olay
16 Term Exams Terms Exams Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Terms 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 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS

Update Time: 07.05.2024 02:21