ECOS301 Mathematical Methods in Economics

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

Information

Code ECOS301
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 İngilizce
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Doç. Dr. SANLI ATEŞ
Course Instructor (A Group) ()


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

There are no prerequisites.

Resources

Chiang, A. C., & Kevin, W. (2016). Matematiksel İktisadın Temel Yöntemleri. Baskı, Çev. Osman Aydoğuş, Muzaffer Sarımeşeli, Gazi Kitabevi, Ankara.

Notes

Henderson James, M., & Quandt, R. E. (1980). Microeconomic theory. Mathematical Approach.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Mathematical eligiblity in comprehension of economics.
LO02 Setting and analyzing eligibility of mathematical models in economics
LO03 Making of economic decissions according to the mathematical model.
LO04 Comprehend how economic models is established
LO05 Uses mathematical methods in the analysis of economic events.


Relation with Program Learning Outcome

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


Week Plan

Week Topic Preparation Methods
1 Matrix algebra-1 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
2 Matrix algebra-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
3 Static Comperative analysis-1 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
4 Static Comperative analysis-2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
5 Static Comperative analysis-3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
6 Static Comperative analysis-4 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
7 Static and Dynamic Optimization-1 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
9 Static and Dynamic Optimization-3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
10 Static and Dynamic Optimization 2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
11 First order differential equations Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
12 First order differential equations 2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
13 First order differential equations 3 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
14 Second order differential equations Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
15 Second order differential equations 2 Lecture, Problem Solving Öğretim Yöntemleri:
Anlatım
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 12 12
Final Exam 1 25 25
Total Workload (Hour) 121
Total Workload / 25 (h) 4,84
ECTS 5 ECTS

Update Time: 07.05.2024 02:25