Information Package / Course Catalogue
| Course Code | : EK411 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
It aims to give students necessary analytical tools and skills of Mathematics that help to understand and solve economic models like market model, national income model, etc.
Equilibrium analysis, linear models and matrix algebra, rules of differentiation and their use in comparative statics, optimization problems.
| 1. | To be able to determine the endogenous and exogenous variables of economic models. |
| 2. | To be able to solve the equation systems for the equilibrium analysis. |
| 3. | To be able to use matrix algebra in order to solve the linear equation systems. |
| 4. | Learn the use of differentiation techniques for the comparative static analysis. |
| 5. | To be able to determine the optimum values of an economic variable in non-constraint and constraint cases. |
| 1. | Chiang, A.C. and Wainwright, K., Fundamental Methods of Mathematical Economics, 4th ed., McGraw-Hill, 2005. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %40 |
| Final Examination | 1 | %70 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 3 | 2 | 70 |
| Individual Work | 7 | 2 | 3 | 35 |
| Midterm Examination | 1 | 8 | 1 | 9 |
| Final Examination | 1 | 8 | 1 | 9 |
| TOTAL WORKLOAD (hours) | 123 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 3 | 3 | 5 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
OÇ-2 | 5 | 5 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 |
OÇ-3 | 5 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 3 | 2 |
OÇ-4 | 3 | 3 | 3 | 3 | 2 | 5 | 2 | 4 | 2 | 5 |
OÇ-5 | 4 | 4 | 4 | 4 | 3 | 3 | 2 | 2 | 2 | 2 |