ECO1162 Mathematics for Social Sciences II Bahçeşehir UniversityDegree Programs ECONOMICS AND FINANCEGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ECONOMICS AND FINANCE
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
ECO1162 Mathematics for Social Sciences II Spring 3 0 3 8

Basic information

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.

Learning Outcomes

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

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.

Weekly Detailed Course Contents

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

Sources

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

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
Quizzes 2 40 80
Final 1 26 26
Total Workload 190

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) 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