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Information
| Code | EKMZ303 |
| Name | Mathematical Economics I |
| 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 |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. KENAN LOPCU |
| Course Instructor |
Doç. Dr. ÇİLER SİGEZE GÜNEY
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
It is aimed to analyze and understand the relationships between economic elements by using mathematical methods and developing mathematical models.
Course Content
The course content includes topics such as profit maximization in different markets, the Keynesian multiplier, matrix applications to economic models, and unconstrained and constrained optimizations.
Course Precondition
None.
Resources
Chiang, A. C., & Wainright, K. (2005). Matematiksel iktisadın temel yöntemleri (4. baskıdan çeviri, M. Sarımeşeli & Ş. Açıkgöz, Çev.). Gazi Kitabevi.
Notes
Pindyck, R. S., & Rubinfeld, D. L. (2014). Mikroiktisat (8. baskıdan çeviri, E. Deliktaş & M. Karadağ, Ed.). Palme Yayıncılık. Case, K. E., Fair, R. C., & Oster, S. M. (2011). Ekonominin ilkeleri (9. baskıdan çeviri, E. Deliktaş, M. Karadağ, & M. Güçlü, Ed.). Palme Yayıncılık.
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 |
| LO06 | Provides model solutions using matrix applications to economic models. |
| LO07 | Define the Keynesian multiplier concept and explain its effects on economic systems. |
| LO08 | Solves unconstrained and constrained optimization problems and applies related techniques. |
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 | Analyzes/interprets at the conceptual level to develop solutions to problems | 5 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 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 of research | |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO13 | 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 | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | |
| 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 | Reading | Öğretim Yöntemleri: Anlatım |
| 2 | Methodology | Reading | Öğretim Yöntemleri: Anlatım |
| 3 | Methodology and economic application | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 4 | Market Theory and Structures | Reading | Öğretim Yöntemleri: Anlatım |
| 5 | Market Theory and Structures -output approach | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 6 | Consumer Theory | Reading | Öğretim Yöntemleri: Anlatım |
| 7 | Consumer Theory and Demand Analysis | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 8 | Mid-Term Exam | Preparing for the midterm exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Producer Theory and Supply Analysis-I | Reading | Öğretim Yöntemleri: Anlatım |
| 10 | Producer Theory and Supply Analysis-II | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 11 | Producer Theory and Supply Analysis-III | Reading | Öğretim Yöntemleri: Anlatım |
| 12 | Producer Theory and Supply Analysis-IV | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 13 | Introduction to Welfare Economics | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 14 | Introduction to Linear Programming | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 15 | Review | Reading | Öğretim Yöntemleri: Anlatım, Problem Çözme |
| 16 | Term Exams | Final exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Final exam preparation | 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 | ||