INTERNATIONAL TRADE AND BUSINESS
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) Has theoretical and practical knowledge on management, business, trade, economy, entrepreneurship, innovation, sustainable development related to International Trade and Business and can use this information 1
2) Can collect data from different sources in the global business world and successfully apply research techniques, use information and communication technologies. 1
3) Can analyze opportunities and threats with strategic thinking skills by using different resources and channels in the ever-changing global business world. 1
4) Can communicate orally and in writing with a good knowledge of English grammar. 1
5) He / she can transfer the knowledge and skills he / she has acquired in the field to the relevant people in written and oral form and evaluate them critically. 1
6) Adopts the principles of business ethics with the awareness of professional responsibility and can apply these principles within the framework of legal rules in the field of global trade and business. 2
7) He / she can collaborate in and out of the field, take responsibility, respect cultural differences and have ethical values. 1
8) Has sufficient awareness of social rights, justice, cultural values, environmental awareness, occupational health and safety. 2
9) With the lifelong learning skill acquired, she/he can identify learning needs and improve herself/himself 1