ECONOMICS
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
ECO2066	Mathematics for Economics	Spring	3	0	3	6

Basic information

Language of instruction:	English
Type of course:	Must Course
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Hybrid
Course Coordinator :	Assoc. Prof. KAAN İRFAN ÖĞÜT
Course Objectives:	Aim of this course is to teach methods of difference equations for dynamic analysis, multivariable calculus, unconstraint, constraint and intertemporal optimization techniques are required by micro and macro economic analysis.

Learning Outcomes

The students who have succeeded in this course;
1. Learn solving methods of difference equations.
2.Learn methods of multivariable calculus, unconstraint, constraint and intertemporal optimization techniques required by micro and macro economic analysis.
3. Apply these methods on mico and macro economic analysis.
4. Select proper methods for new problems and solve them.

Course Content

After difference equations as a method for dynamic analysis, unconstrained optimization method and its application in economics, constrained and temporal optimization techniques will be learned.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Linear Functions and Linear Equation Systems in Economics	Chiang - Wainwright Fundamental Methods of Mathematical Economics and Lecture Notes
2)	Linear Functions and Linear Equation Systems in Economics	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
3)	Applications of Geometric Series in Economics	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
4)	Applications of Geometric Series in Economics	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
5)	Nonlinear Functions in Economics and Differential Calculus	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
6)	Optimization on Single Variable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
7)	Multivariable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
8)	Optimizations on Multivariable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
9)	Optimizations on Multivariable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
10)	Constained Optimizations on Multivariable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
11)	Constained Optimizations on Multivariable Functions and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
12)	Intertemporal Optimization and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
13)	Integral Calculus and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes
14)	Integral Calculus and Economic Applications	Chiang - Wainwright. Fundamental Methods of Mathematical Economics and Lecture Notes

Sources

Course Notes / Textbooks:	Alpha C. Chiang - Kevin Wainwright. Fundamental Methods of Mathematical Economics. McGraw-Hill Education. (2005)
References:

Evaluation System

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

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Study Hours Out of Class	14	3	42
Midterms	1	30	30
Final	1	36	36
Total Workload			150

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)	As a world citizen, she is aware of global economic, political, social and ecological developments and trends.	1
2)	He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning.	1
3)	Absorbs basic economic principles and analysis methods and uses them to evaluate daily events.	4
4)	Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders.	5
5)	Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions.	4
6)	Comprehends new ways of doing business using digital technologies. and new market structures.	3
7)	Takes critical approach to economic and social problems and develops analytical solutions.	4
8)	Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods.	5
9)	In the works he/she contributes, observes individual and social welfare together and with an ethical perspective.	1
10)	Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines.	3
11)	Generates original and innovative ideas in the works she/he contributes as part of a team.	1