| Economics (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code: | ECO207 | ||||
| Course Name: | Mathematics for Economics | ||||
| Semester: | Fall | ||||
| Course Credits: |
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| Language of instruction: | English | ||||
| Course Condition: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Compulsory Courses | ||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||
| Course Coordinator: | Dr. Öğr. Üy. İLAYDA İSABETLİ FİDAN | ||||
| Course Lecturer(s): |
Dr. Öğr. Üy. İLAYDA İSABETLİ FİDAN Dr. Öğr. Üy. FATİH KİRAZ |
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| Course Assistants: |
| Course Objectives: | The aim of this course is to provide basic skills in mathematics for social sciences, to teach where and how the concepts in mathematics can be used in the field of economics and to ensure proper application. |
| Course Content: | This course is designed to enable students to utilize mathematics thoroughly in social sciences. In this course, some major subjects of mathematics (functions, limit, derivatives, matrices) are provided and when and how to use them in the field of economics is explained with examples. |
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The students who have succeeded in this course;
1) Have the knowledge of basic mathematics. 2) Can decide where and how mathematics will be used in social sciences. 3) Perform mathematical operations in applied studies. 4) Have an idea about the benefits and the limits of quantitative studies. |
| Week | Subject | Related Preparation |
| 1) | Relationship of Maths and Economics | |
| 2) | Equations and Inequalities | |
| 3) | Coordinate Plane | |
| 4) | Functions | |
| 5) | Types of Functions | |
| 6) | Limits and Continuity | |
| 7) | Infinite Limits | |
| 8) | Derivatives | |
| 9) | Applications of Derivatives | |
| 10) | Simultaneous Equation Systems | |
| 11) | Matrix and Matrix Operations | |
| 12) | Optimization | |
| 13) | Regression | |
| 14) | Application Examples |
| Course Notes / Textbooks: | Lecture Notes |
| References: | Lecture Notes |
| Course Learning Outcomes | 1 |
2 |
3 |
4 |
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| Program Outcomes | |||||||||||||
| 1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 3 | 3 | 3 | 3 | |||||||||
| 2) They have knowledge and skill about different functions and interactions of economy. | 3 | 3 | 3 | 3 | |||||||||
| 3) They use different theoretical approaches to comprehend and solve various economic problems. | 3 | 3 | 3 | 3 | |||||||||
| 4) They are aware of the needs of society and use their knowledge of economics to meet these needs. | 2 | 2 | 2 | 2 | |||||||||
| 5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 1 | 1 | 1 | 1 | |||||||||
| 6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 1 | 1 | 1 | 1 | |||||||||
| 7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 3 | 3 | 3 | 3 | |||||||||
| 8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. | 2 | 2 | 2 | 2 | |||||||||
| 9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 1 | 1 | 1 | 1 | |||||||||
| 10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 1 | 1 | 1 | 1 | |||||||||
| 11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. | 3 | 3 | 3 | 3 | |||||||||
| 12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. | 2 | 2 | 2 | 2 | |||||||||
| 13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . | 1 | 1 | 1 | 1 | |||||||||
| No Effect | 1 Lowest | 2 Average | 3 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 3 |
| 2) | They have knowledge and skill about different functions and interactions of economy. | 3 |
| 3) | They use different theoretical approaches to comprehend and solve various economic problems. | 3 |
| 4) | They are aware of the needs of society and use their knowledge of economics to meet these needs. | 2 |
| 5) | They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 1 |
| 6) | They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 1 |
| 7) | Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 3 |
| 8) | They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. | 2 |
| 9) | They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 1 |
| 10) | They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 2 |
| 11) | Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. | 3 |
| 12) | They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. | 3 |
| 13) | They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . | 2 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 40 |
| Final | 1 | % 60 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| total | % 100 | |
| Activities | Number of Activities | Preparation for the Activity | Spent for the Activity Itself | Completing the Activity Requirements | Workload | ||
| Course Hours | 14 | 1 | 3 | 56 | |||
| Study Hours Out of Class | 14 | 0 | 2 | 28 | |||
| Midterms | 1 | 15 | 1 | 16 | |||
| Final | 1 | 20 | 2 | 22 | |||
| Total Workload | 122 | ||||||