APPLIED MATHEMATICS (TURKISH, THESIS)
Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
AKB5100 Economics Fall
Spring
3 0 3 12
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: Turkish
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Recommended Optional Program Components: None
Course Objectives: The aim of this course is to give the actuarial student a general idea about the basic subjects under macro and micro economics so as to meet the requirements of the national exams.

Learning Outcomes

The students who have succeeded in this course;
Students will develop an understanding of macroeconomic analysis and interpret the economic environment with regard to inflation, investment returns, stock market behaviour, exchange rates and economic growth.This module will also give students the ability to understand the key aspects of the operation of markets, consumer demand, the production decisions of a firm, the determinants of market structure, and the effects of market structure on a firm's supply and pricing decisions.

Course Content

Macro economics: suuply and demand, macro economic policies,unemployment and income distribution, monetary and fiscal policies, economic growth and development, international trafe, inflation and stabilization.

Micro economics: Consumer and supplier behavior, utility theory, production cost, market equilibrium and price theory, behavior of the firm and market competition.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Tıtal demand, total supply and macro economic policies.
2) Employment and unemployment analysis, salaries and income distribution.
3) Money and monetary policies, fiscal policies.
4) Economic growth.
5) Growth analysis and economic development.
6) Measuring macro economic activities.
7) International trade, inflation and stabilization policies.
8) Consumer behavior and utility.
9) Utility theory and consumer equilibrium.
10) Supplier behavior and supplier equilibrium.
11) Production and production cost.
12) Market equilibrium and price theory.
13) Behavior of the firm.
14) Competitive markets.
15) Final exam.
16) Final exam.

Sources

Course Notes / Textbooks: Dornbush, R., Fischer S., 1998, Macro Economics (Turkish translation).

Lipsey, R.g., Courant, P.N., Ragan, C.T.S., (1999), Economics, Edison Wisley.
References:

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Homework Assignments 4 % 15
Midterms 2 % 50
Final 1 % 35
Total % 100
PERCENTAGE OF SEMESTER WORK % 65
PERCENTAGE OF FINAL WORK % 35
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Study Hours Out of Class 14 2 28
Homework Assignments 4 8 32
Midterms 2 12 24
Final 1 20 20
Total Workload 146

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Ability to assimilate mathematic related concepts and associate these concepts with each other.
2) Ability to gain qualifications based on basic mathematical skills, problem solving, reasoning, association and generalization.
3) Be able to organize events, for the development of critical and creative thinking and problem solving skills, by using appropriate methods and techniques.
4) Ability to make individual and team work on issues related to working and social life.
5) Ability to transfer ideas and suggestions, related to topics about his/her field of interest, written and verball.
6) Ability to use mathematical knowledge in technology.
7) To apply mathematical principles to real world problems.
8) Ability to use the approaches and knowledge of other disciplines in Mathematics.
9) Be able to set up and develope a solution method for a problem in mathematics independently, be able to solve and evaluate the results and to apply them if necessary.
10) To be able to link abstract thought that one has to concrete events and to transfer the solutions and examine and interpret the results scientifically by forming experiments and collecting data.
11) To be able to conduct a research either as an individual or as a team member, and to be effective in each related step of the project, to take role in the decision process, to plan and manage the project by using time effectively.
12) To be able to acquire necessary information and to make modeling in any field that mathematics is used and to improve herself/himself,