Information Package / Course Catalogue
Mathematical Economics
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
Objectives of the Course

The main aim of this course is to extend students’ facility with those methods of mathematics needed to pursue economic analysis at intermediate level.

Course Content

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.

Name of Lecturer(s)