
| Course Code | : ECO307 |
| 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 | : 6 |
The main aim of this course is to extend students’ facility with those methods of mathematics needed to pursue economic analysis at intermediate level.
Rules, Introduction, Definitions, Nature of Economics, Modelling, Number Systems, Sets and Operations, Rules of Algebraic Expressions, Exponents and Logarithms, Binomial Expansion, Properties of Matrices, Matrix Addition, Subtraction and Multiplication, Matrix Inversion, Optimization: Optimum Value and Extreme Value, Relative Maxima and Minima, Non-constrained Optimization, Constrained Optimization.