Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: MAT101
Course Name: Mathematics for Social Sciences 1
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: Yes
Type of course: Compulsory Courses
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. CİHANGİR ÖZEMİR
Course Lecturer(s): Dr. Öğr. Üy. Fatih Uçar
Course Assistants:

Course Objective and Content

Course Objectives: The aim of this course is to apply mathematics in economics, business and social sciences.
Course Content: This course includes functions, limit and continuity, differentation, undetermined case of limits, increasing and decreasing functions, concavity, curve sketching, marginal revenue, cost and profit.

Learning Outcomes

The students who have succeeded in this course;
1) Understanding a complete review of main terms and methods of manipulative mathematics.
2) To be able to apply mathemetics skills in administrative areas
3) Gaining analytical thinking skills.
4) Understanding, interpreting and developing solution methods for numerical problems encountered in business life.

Course Flow Plan

Week Subject Related Preparation
1) Functions and Their Graphs, Combining Functions; Shifting and Scaling Graphs, Trigonometric Functions,
2) Inverse Functions, Natural Logarithms, Exponential Functions, Rates of Change and Tangents to Curves
3) Limit of a Function and Limit Laws, One-Sided Limits, Continuity
4) Limits Involving Infinity; Asymptotes of Graphs, Tangents and the Derivative at a Point, The Derivative as a Function
5) Differentiation Rules; The Derivative as a Rate of Change; Derivatives of Trigonometric Functions
6) The Chain Rule; Implicit Differentiation; Derivatives of Inverse Functions; Derivatives of Natural Logarithms; Derivatives of Exponential Functions;
7) Extreme Values of Functions; The Mean Value Theorem; Monotonic Functions and the First Derivative Test; Concavity and Curve Sketching
8) Derivatives of Inverse Trigonometric Functions; Linearization and Differentials
9) Concavity and Curve Sketching ; Indeterminate Forms and L’Hôpital’s Rule; Antiderivatives
10) Simple and Compound Interest
11) Annuities
12) Future Value - Sinking Funds
13) Present Value - Amortisation
14) Optimization
16) Finals Week

Sources

Course Notes / Textbooks: Calculus, For Business, Economics, and The Social and Life Sciences. Laurence D.Hoffmann, Gerald L.Bradley. 10th Edition, McGraw Hill

College Mathematics For Business, Economics, Life Sciences, and Social Sciences. Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen. 13th Edition, Pearon.
References: Ders Notları

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

4

Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics.
2) They have knowledge and skill about different functions and interactions of economy.
3) They use different theoretical approaches to comprehend and solve various economic problems.
4) They are aware of the needs of society and use their knowledge of economics to meet these needs.
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy.
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy.
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively.
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.
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship.
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law.
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.
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.
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 .

Course - Learning Outcome Relationship

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. 2
3) They use different theoretical approaches to comprehend and solve various economic problems. 2
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. 3
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 2
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 3
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. 1
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

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Application 14 % 0
Midterms 2 % 50
Final 1 % 50
total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Workload
Course Hours 14 28
Application 14 28
Study Hours Out of Class 14 42
Midterms 2 8
Final 2 14
Total Workload 120