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MATHEMATICAL ECONOMICS PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
ECF357 MATHEMATICAL ECONOMICS 5 3 3 5

GENERAL INFORMATION

Language of Instruction : English
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assist.Prof. TUĞBA AKMAN KAPLAN
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to provide the student with the ability to apply mathematical techniques to economic phenomena.
Contents of the Course Unit: Contents of the course include the basic subjects such as Limits, Derivatives, logarithmic functions and optimization.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Explain the concepts of limits and continuity.(2)
Use the derivative to economic analysis.(3)
Analyze linear economic models.(4)
Explain mathematical concepts in economics.(2)
Use models to economic activities.(3)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading Rules of calculating derivative and limit Lecture & Question Answer & Analysis
2 Reading Second order or higher derivatives Lecture & Question Answer & Analysis
3 Reading Single Variable Function Lecture & Question Answer & Analysis
4 Reading Exponential equation and logarithmic functions Lecture & Question Answer & Analysis
5 Reading Linear Equations Systems Lecture & Question Answer & Analysis
6 Reading Comparative Static Equilibrium Analysis Lecture & Question Answer & Analysis
7 Reading Examples on Linear Financial Models Lecture & Question Answer & Analysis
8 - MID-TERM EXAM -
9 Reading Solution of Matrix and Equations systems Lecture & Question Answer & Analysis
10 Reading Solution of Matrix and Equations Systems Lecture & Question Answer & Analysis
11 Reading Multi-variable functions Lecture & Question Answer & Analysis
12 Reading Financial applications of Multi-variable Functions Lecture & Question Answer & Analysis
13 Reading Unlimited Optimization Lecture & Question Answer & Analysis
14 Reading Limited Optimization Lecture & Question Answer & Analysis
15 Reading Limited Optimization Lecture & Question Answer & Analysis
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Chiang,A.C.(1996). Mathematical Economics of basic method. Adim-Murat Publications. Ankara
J.Colin Glass. Trns: M.Balcilar, M. Cokgezen,(1999).Introduction to Mathematical Methods in Economics , Gazi Bookstore
Hill, M.G(1992). Introduction to Mathematical Economics
Journal: Istanbul Iktisat Journal (Ist. Univ)

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to identify the main characteristics of literary movements such as modernism, postmodernism, and postcolonialism during the process of analysing a literary text verbally or in an essay.
2
The graduate will be able to relate language structure to its functions in a literary text.
3
The graduate will be able to explain and generate ideas on literary texts or visual work such as films.
4
The graduate will be able to identify the language and the writing style of a wide range of authors, poets, and playwrights from different periods.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to explain the key terms and concepts associated with language, literature, and culture.
2
The graduate will be able to historically categorise various centuries or periods of time such as the Renaissance or the 20th century according to the literary, theoretical, social, and political developments reflected in literary texts.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to compare and contrast characteristics of different literary genres.
2
The graduate will be able to interpret literary works produced in various cultures with different ethnical background.
3
The graduate will be able to compare and contrast different periods of time such as the Middle Ages and the Victorian Era in accordance with their distinctive literary, theoretical, social, and political background verbally or in an essay.

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to apply literary theories and develop argument of their own in the process of writing a research paper.
2
The graduate will be able to formulate a sophisticated argument/thesis in compliance with the ethical requirements needed to avoid plagiarism during the process of writing a research paper.
3
The graduate will be able to apply research skills to gather, organise, and present information skills in a research paper.
4
The graduate will be able to employ translation methods while translating a text from English to Turkish or vice versa.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to organise occupational and academic activities including meeting, seminars, and conferences.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to determine his or her own learning requirements and goals to develop sustainable attitude towards life-long learning.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to develop effective oral and written communication skills in English.

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
The graduate will be able to appraise and criticise development of the social rights, democracy, social justice, gender and racial identity, cultural and ethical values.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 13 2 26
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 0 0 0
Assignment (Homework) 0 0 0
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 4 10 40
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 2 9 18
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 35 0 128
Total Workload of the Course Unit 128
Workload (h) / 25.5 5
ECTS Credits allocated for the Course Unit 5,0