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MATHEMATICAL ECONOMICS PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
EKF357 MATHEMATICAL ECONOMICS 5 3 3 5

GENERAL INFORMATION

Language of Instruction : Turkish
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 Prof. ŞENOL DURGUN
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
2 Reading Second order or higher derivatives Lecture & Question Answer
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). Matematiksel Iktisadin Temel Yontemleri. Adim-Murat Publications. Ankara
Hill, M.G(1992). Introduction to Mathematical Economics
J.Colin Glass. Trns: M.Balcilar, M. Cokgezen,(1999). Iktisatta Matematiksel Yontemlere Giris, Gazi Bookstore
Dergi: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
Define the basic concepts of economics, administrative and human sciences.
2
Explain the general structure, operation and public policy formation process of administration.
3
Relate the principles and rules of political behavior, behavior and leadership in organizations.
4
Relate the knowledge of ecological, economic and social sustainability with information related to the field.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use information about his / her field in professional life and everyday life.
2
Use information related to ecological, economic and social sustainability in professional life and everyday life.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Interpret current political and administrative developments and the functioning of the democratic system by using the knowledge of political science and public administration.
2
Define the basic concepts of management, urbanization, environmental policies, political and legal sciences.
3
Relate professional knowledge of management, urbanization, environmental policies, politics and legal sciences to universal values

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Compare the administrative structures and country management models by using the theoretical knowledge in the field of political science and public.
2
Organize events between the public, private sector and voluntary organizations.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Collaborate with the people in the field of political science and public administration.
2
By using the accumulation of knowledge in political science and public administration; manage project, event and social responsibility activities.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Analyze existing structures with a critical approach based on universal legal norms and administrative structures.
2
Apply the written and unwritten legal rules and ethical codes in his / her personal and professional life.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Improve himself/herself by following the political and administrative agenda and the written-oral work on the agenda.
2
Debate in the field of political science and public administration with different target groups in multicultural environments.

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Taking advantage of the existing history and theoretical knowledge of the field; interpret and analyze current issues, events and problems.
2
Develop original plans and programs to guide the functioning of political and bureaucratic institutions.
3
Develop alternative public policy proposals in the construction and implementation of sustainable and effective public policies.
4
Design reform programs aimed at making and improving the functioning of political and administrative organizations.

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