Information Package / Course Catalogue
Mathematics Applications in Economy
Course Code: BFN530
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

To equip the student with powerful tools to write a macroeconomic model, to define an equilibrium, to approximate the equilibrium using computational methods.

Course Content

Introduction to quantitative macroeconomics. Benchmark deterministic model and competitive equilibrium. Steady state. Calibration and simulation of a simple real business cycle (RBC) model.

Name of Lecturer(s)