Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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EKF357 | MATHEMATICAL ECONOMICS | 5 | 3 | 3 | 5 |
GENERAL INFORMATION |
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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 |
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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) |
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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 |
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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 |
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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 |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Define the basic concepts of economics, administrative and human sciences.
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2 |
Explain the general structure, operation and public policy formation process of administration.
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3 |
Relate the principles and rules of political behavior, behavior and leadership in organizations.
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4 |
Relate the knowledge of ecological, economic and social sustainability with information related to the field.
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KNOWLEDGE |
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Factual |
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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.
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2 |
Use information related to ecological, economic and social sustainability in professional life and everyday life.
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SKILLS |
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Cognitive |
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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.
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2 |
Define the basic concepts of management, urbanization, environmental policies, political and legal sciences.
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3 |
Relate professional knowledge of management, urbanization, environmental policies, politics and legal sciences to universal values
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SKILLS |
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Practical |
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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.
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2 |
Organize events between the public, private sector and voluntary organizations.
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OCCUPATIONAL |
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Autonomy & Responsibility |
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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.
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2 |
By using the accumulation of knowledge in political science and public administration; manage project, event and social responsibility activities.
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OCCUPATIONAL |
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Learning to Learn |
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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.
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2 |
Apply the written and unwritten legal rules and ethical codes in his / her personal and professional life.
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OCCUPATIONAL |
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Communication & Social |
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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.
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2 |
Debate in the field of political science and public administration with different target groups in multicultural environments.
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OCCUPATIONAL |
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Occupational and/or Vocational |
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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.
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2 |
Develop original plans and programs to guide the functioning of political and bureaucratic institutions.
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3 |
Develop alternative public policy proposals in the construction and implementation of sustainable and effective public policies.
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4 |
Design reform programs aimed at making and improving the functioning of political and administrative organizations.
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WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 |