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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 205MATHEMATICAL ECONOMICS - I3 + 03rd Semester6

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The aim of the course is to introduce the student the relationship between mathematics and economics in theoretical perspective. I also aims to provide the students with problem solving capacity.
Course Content Economic models, Comparative statics, Equilibrium Analysis, Comparative static analyses, Finite Markov Chains, Linear Models, Matrix Models will be explained in the course. .
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Comprehend to mathematical models and use it in economical research.
2Know to mathematical equipments which necessary for economics
3In theoritical level comperehend to relationships between mathematics and economics
4Gain to ability of solving problem
5Develop to economic policy propositions from mathematical output

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 0012444 21341 1
LO 0023554141241 1
LO 0033445 31352 2
LO 0043455153342 2
LO 0052555 52352 3
Sub Total13222323219814228 9
Contribution345504234202

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13339
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments31339
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






156

6
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2022-2023 Fall1HÜSEYİN KOÇAK


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 205 MATHEMATICAL ECONOMICS - I 3 + 0 1 Turkish 2022-2023 Fall
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Assoc. Prof. Dr. HÜSEYİN KOÇAK hkocak@pau.edu.tr İİBF C0304 %70
Goals The aim of the course is to introduce the student the relationship between mathematics and economics in theoretical perspective. I also aims to provide the students with problem solving capacity.
Content Economic models, Comparative statics, Equilibrium Analysis, Comparative static analyses, Finite Markov Chains, Linear Models, Matrix Models will be explained in the course. .
Topics
WeeksTopics
1 Introduction, The Nature of Mathematical Economics
2 Economic Models, Equilibrium Analysis in Economics
3 Linear Models and Matrix Algebra i) Matrix operations, Cramer Rule
4 Linear Models and Matrix Algebra i) The application of market and national income models
5 Comparative Statics and the concepts od derivative i) Rules of derivative and their use of comparative statics
6 Comparative-statics Analysis of General Function Model i) Total differentials ii) Derivatives of Implicit functions
7 Optimization: optimum values and extrem values, relative maximum and minumum
8 Midterm exam
9 Exponential and Logarithmic Function, optimal timing, the case of more than one choice variable
10 Exponential and Logarithmic Function, optimal timing, the case of more than one choice variable
11 Optimization with Equality constraints: utility maximization
12 Optimization with Equality constraints: Least-cost combination of inputs
13 Dynamic Analysis: Continuous Time i) First-order differential equations
14 Dynamic Analysis: Discrete Time i) First-order difference equations
Materials
Materials are not specified.
Resources
ResourcesResources Language
A. C. Chiang , K. Wainwright, "Matematiksel İktisadın Temel Yöntemleri", Literatür Yayınları, 4. Basım'dan Çeviren: O. Aydoğuş Türkçe
M. Hoy, J. Livernois, C. McKenna, R. Rees, T. Stengos, "Mathematics for Economics", MIT Press, Third Edition, 2011. English
J. C. Glass, "İktisatta Matematiksel Yöntemlere Giriş", DER Yayınları, 2. BasımTürkçe
E. Kılavuz, "İktisatçılar için Matematik - İktisadi Denklemler - Denge Analizi - Optimizasyon", Seçkin Yayıncılık, 3. BasımTürkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam50Final Exam
Midterm Exam50Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes