BUSINESS ADMINISTRATION
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
ECO1161 Mathematics for Social Sciences I Fall 3 0 3 8
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Must Course
Course Level: Bachelor
Mode of Delivery: Hybrid
Course Coordinator : Dr. Öğr. Üyesi DİLA ASFUROĞLU
Course Objectives: The goal of this course is to provide the basic Mathematical tools and foundations for undergraduate students of Political Science, Business Administration, Economics and Finance at an introductory level and to prepare them for more advanced studies.

Learning Outputs

The students who have succeeded in this course;
1. Acquire basic knowledge in fundamental mathematical techniques and understand how mathematics is used in social sciences. 2. Repeat the concept and properties of real numbers, remembers simple algebraic issues such as factorization, systems of linear equations and linear inequalities, classify numbers and make calculations with exponents and radicals.
3. Define quadratic equations, inequalities and their graphs, develop and model situations described by linear or quadratic equations and solve them.
4. Understand linear, hyperbolic, exponential and logarithmic functions and find composite and inverse functions; sketch the graphs of specific functions and find symmetry, reflection and rotations in Cartesian coordinates.
5. Solve systems by describing equilibrium and break-even points; define economic relationships as single variable functions, like demand, supply, price, revenue, cost and profit.
6. Compute simple interest using the simple interest formula, compound and continuous compound interest; and the future value of an annuity; develop a strategy for solving finance problems using mathematics.
7. Calculate matrix operations, find inverse of a matrix and solve systems of linear equations using matrix equations.

Course Content

Course content mainly includes topics from high school algebra; such as exponentials, radicals, equations, inequalities, functions, logarithms and etc. 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)
2) Applications and More Algebra
3) Applications and More Algebra
4) Functions and Graphs
5) Functions and Graphs
6) Lines, Parabolas, and Systems
7) Lines, Parabolas, and Systems
8) Exponential and Logarithmic Functions
9) Exponential and Logarithmic Functions
10) Mathematics of Finance
11) Mathematics of Finance
12) Matrix Algebra
13) Matrix Algebra
14) Matrix Algebra

Sources

Course Notes: 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
Attendance % 0
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments % 0
Presentation % 0
Project % 0
Seminar % 0
Midterms 1 % 40
Preliminary Jury % 0
Final 1 % 60
Paper Submission % 0
Jury % 0
Bütünleme % 0
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
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 3 42
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 0 0 0
Quizzes 2 40 80
Preliminary Jury 0 0 0
Midterms 0 0 0
Paper Submission 0 0 0
Jury 0 0 0
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) Being able to identify problems and ask right questions 2
2) Having problem solving skills and developing necessary analytical attitude 5
3) Comprehending theoretical arguments along with counter arguments in detail 5
4) Gaining awareness of lifelong learning and being qualified for pursuing graduate education 3
5) Applying theoretical concepts in project planning 1
6) Communicating efficiently by accepting differences and carrying out compatible teamwork
7) Increasing efficiency rate in business environment
8) Developing innovative and creative solutions in face of uncertainty 2
9) Researching to gather information for understanding current threats and opportunities in business
10) Being aware of the effects of globalization on society and business while deciding
11) Possessing digital competence and utilizing necessary technology
12) Communicating in at least one foreign language in academic and daily life
13) Possessing managing skills and competence
14) Deciding with the awareness of the legal and ethical consequences of business operations
15) Expressing opinions that are built through critical thinking process in business and academic environment 1