Information Package / Course Catalogue
Financial Mathematics II
Course Code: ML104
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 4
Objectives of the Course

To teach how to implement economic cases by using mathematical methods and interpret what results mean economically.

Course Content

Diffentiation and Rules of Differantiation of Functions, Marginal Functions, Optimization of Economics Functions, Partial Differantiation, Multivariate Functions, Constrained Optimization.

Name of Lecturer(s)
Prof. Recep TEKELİ
Learning Outcomes
1.To be able to use differantiation as a mathematical and an economic tool
2. To be able to constitute basic knowledge about economical issues
3.To be able to apply functions of several variables to economic conditions and to make optimisation of functions of several variables
4.To be able to apply mathematical tools to analyse econmomic and Fiscal issues
5.Learns the concepts of derivatives and differentials and apply them to economics functions
Recommended or Required Reading
1.Ian Jacques (1995), Mathematics for Economics and Business, Wokingham, England, Addison-wesley publishers ltd.
2.Chiang, A. C. (2003), Matematiksel İktisadın Temel Yöntemleri, Teori Yayınları, Ankara
3.E. T. Dowling (2000), İşletme ve İktisat İçin Matematiksel Yöntemler, Çeviri: Ömer Faruk Çolak ISBN: 975-591-369-6, NOBEL.
4.M. Aytaç, M.Sevüktekin, E.Işığıçok, 1998, Sosyal Bilimlerde Matematik
Weekly Detailed Course Contents
Week 1 - Theoretical
A derivative of a function
Week 2 - Theoretical
Rules of Differentiation of Functions
Week 3 - Theoretical
Marginal Functions (Marginal Revenue)
Week 4 - Theoretical
Marginal Cost, Production, Consumption and Savings
Week 5 - Theoretical
Elasticities
Week 6 - Theoretical
General rules for elasticity
Week 7 - Theoretical
Optimisation for Economics Functions
Week 8 - Theoretical
Price Differences
Week 9 - Theoretical
Price Differences
Week 10 - Theoretical
Derivative of Functions of Several Variables
Week 11 - Theoretical
Utility and Production
Week 12 - Theoretical
Constrained Optimization
Week 13 - Theoretical
Constraint Optimisation
Week 14 - Theoretical
Constraint Optimisation
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%70
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Midterm Examination1819
Final Examination1819
TOTAL WORKLOAD (hours)102
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
4
4
4
3
4
3
OÇ-2
3
4
3
4
4
3
4
OÇ-3
3
4
3
4
3
4
OÇ-4
4
4
4
3
4
4
OÇ-5
Adnan Menderes University - Information Package / Course Catalogue
2026