ECTS - Mathematical Economics
Mathematical Economics (ECON213) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Mathematical Economics | ECON213 | 3. Semester | 3 | 0 | 0 | 3 | 4 |
| Pre-requisite Course(s) |
|---|
| (MATH102 veya MATH101) |
| Course Language | English |
|---|---|
| Course Type | Compulsory Departmental Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration, Discussion. |
| Course Lecturer(s) |
|
| Course Objectives | The purpose of Econ 213 is to equip students with the essential mathematical techniques to analyze economic issues. This course also aims to explain the application of those techniques by considering a wide range of economic models/frameworks. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | The mathematical framework of economic analysis; equilibrium (static) analysis; comparative static analysis; univariate functions and optimization; multivariate functions and optimization; exponential and logarithmic functions in economics; integral calculus; introduction to dynamic analysis. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | An Overview of the Course | Handouts |
| 2 | Preliminaries | Handouts |
| 3 | The Mathematical Framework of Economic Analysis | Handout |
| 4 | Equilibrium (static) Analysis & Applications | Handouts |
| 5 | Comparative Static Analysis & Applications | Handouts |
| 6 | Univariate Functions & Optimization | Handouts |
| 7 | Applications | Handouts |
| 8 | Mid-term Exam | Handouts |
| 9 | Multivariate Functions & Optimization: Unconstrained & Constrained Optimization (The Method of Lagrange Multipliers) | Handouts |
| 10 | Applications | Handouts |
| 11 | Exponential & Logarithmic Functions in Economics | Handouts |
| 12 | Miscellaneous Topics (e.g. Logarithmic transformation and Cobb-Douglas Function) | Handouts |
| 13 | Integral Calculus | Handouts |
| 14 | Introduction to Dynamic Analysis | Handouts |
| 15 | Applications | Handouts |
| 16 | Final Exam | Ders Notları |
Sources
| Course Book | 1. Chiang, Alpha C., and Kevin Wainwright (2005) Fundamental Methods of Mathematical Economics, 4th Edition, McGraw-Hill. |
|---|---|
| 2. Klein, Michael W. (2002) Mathematical Methods for Economics, 2nd Edition, Addison Wesley. | |
| 3. Bradley, Teresa (2008) Essential Mathematics |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 10 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | 2 | 10 |
| Homework Assignments | 5 | 10 |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 10 | 100 |
| Percentage of Semester Work | 60 |
|---|---|
| Percentage of Final Work | 40 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics | X | ||||
| 2 | Acquiring the skills of macro level economic analysis | X | ||||
| 3 | Acquiring the skills of micro level economic analysis | X | ||||
| 4 | Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level | |||||
| 5 | Learning different approaches on economic and related issues | |||||
| 6 | Acquiring the quantitative and/or qualitative techniques in economic analysis | X | ||||
| 7 | Improving the ability to use the modern software, hardware and/or technological devices | |||||
| 8 | Developing intra-disciplinary and inter-disciplinary team work skills | |||||
| 9 | Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning | X | ||||
| 10 | Adopting work ethic and social responsibility | X | ||||
| 11 | Developing the skills of communication. | X | ||||
| 12 | Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. | X | ||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 3 | 48 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | 2 | 1 | 2 |
| Prepration of Midterm Exams/Midterm Jury | 1 | 2 | 2 |
| Prepration of Final Exams/Final Jury | 1 | 2 | 2 |
| Total Workload | 102 | ||