ECONOMICS AND FINANCE | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO1162 | Mathematics for Social Sciences II | Spring | 3 | 0 | 3 | 8 |
Language of instruction: | English |
Type of course: | Must Course |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Hybrid |
Course Coordinator : | Dr. Öğr. Üyesi DİLA ASFUROĞLU |
Recommended Optional Program Components: | None |
Course Objectives: | The goal of this course is to provide a mathematical foundation to students; to extend students’ knowledge and skills in mathematics and to prepare them for more advanced studies in mathematics. Throughout this course, students will be introduced to the following topics; limits, differentiation, integration, multivariable calculus and applications of them. |
The students who have succeeded in this course; 1. Extend their knowledge and skills in mathematics and get prepared for more advanced studies in Mathematics. 2. Apply limits and continuity. 3. Define a derivative, apply differentiation rules. 4. Understand the concept of marginal revenue, marginal cost, marginal propensity to consume; analyze the economic concept of elasticity. 5. Sketch the curves; model situations involving maximizing and minimizing a quantity and solve them. 6. Identify and evaluate functions of two or more independent variables; solve problems involving Lagrange multipliers. 7. Define the antiderivatives and the indefinite integral; apply basic integration formulas; and evaluate definite integrals. |
Course content includes the following topics: limit, continuity, differentiation and integration. The basic philosophy of the course is first to introduce the topics and then practice on them. The course is designed such that students taking this course will have the necessary mathematical equipment and use quantitative research methods. |
Week | Subject | Related Preparation |
1) | Limits and Continuity | |
2) | Limits and Continuity | |
3) | Differentiation | |
4) | Differentiation | |
5) | Additional Differentiation Topics | |
6) | Additional Differentiation Topics | |
7) | Curve Sketching | |
8) | Curve Sketching | |
9) | Curve Sketching | |
10) | Integration | |
11) | Integration | |
12) | Integration | |
13) | Multivariable Calculus | |
14) | Multivariable Calculus |
Course Notes / Textbooks: | Introductory Mathematical Analysis, by Ernest F. Haeussler, Richard S. Paul, Richard J. Wood 13th ed. (or 14th ed.) (IMA) |
References: | https://www.statlearning.com |
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 | Duration (Hours) | Workload |
Course Hours | 14 | 3 | 42 |
Study Hours Out of Class | 14 | 3 | 42 |
Quizzes | 2 | 40 | 80 |
Final | 1 | 26 | 26 |
Total Workload | 190 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 5 |
2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 2 |
3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 1 |
4) | Analyze the interventions of politics to the economics and vice versa. | 1 |
5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 2 |
6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 2 |
7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 4 |
8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 3 |
9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 3 |