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COURSE SYLLABUS
MATHEMATICAL ECONOMICS I
1 Course Title: MATHEMATICAL ECONOMICS I
2 Course Code: EKO3109
3 Type of Course: Compulsory
4 Level of Course: First Cycle
5 Year of Study: 3
6 Semester: 5
7 ECTS Credits Allocated: 5
8 Theoretical (hour/week): 3
9 Practice (hour/week) : 0
10 Laboratory (hour/week) : 0
11 Prerequisites: No
12 Recommended optional programme components: None
13 Language: Turkish
14 Mode of Delivery: Face to face
15 Course Coordinator: Prof. Dr. KADİR YASİN ERYİĞİT
16 Course Lecturers: Prof.Dr. Mustafa Sevütekin, Doç.Dr. Kadir Yasin Eryiğit, Doç.Dr. Mehmet Çınar
17 Contactinformation of the Course Coordinator: kyeryigit@uludag.edu.tr
Uludağ Universitesi
İktisadi ve İdari Bilimler Fakültesi
Ekonometri A.B.D.
16059 Görükle/Bursa Türkiye
Telephone: +90 224 2941135
Fax: +90 224 2941003
18 Website: https://sites.google.com/a/sacit.org/eko3109/
19 Objective of the Course: The goal of the course is to make students understand and be able to use the mathematics required for studying economics and econometrics at the undergraduate level. The course is split in two parts and this syllabus corresponds to the first part.
20 Contribution of the Course to Professional Development
21 Learning Outcomes:
1 To be able to calculate elasticises;
2 To be able to calculate growth rates;
3 To be able to understand The properties of exponential growth;
4 To be able to calculate Present value ;
5 To be able to Understand derivatives as a representation of marginalist thinking;
6 To be able to Choose output level to maximize profits.;
7 To be able to understand The mathematical representation of basic economic principles and theories through economic models;
8 To be able to understand The elements of calculus used in marginal analysis;
9 To be able to understand The economic principles of unconstrained and constrained maximization and minimization;
10 To be able to apply differential and difference equation models in the study of economic growth, business cycles, and other dynamic behaviour.;
22 Course Content:
Week Theoretical Practical
1 Utility maximization
2 Comparative statistics
3 Envelope theorem
4 Cost functions
5 Supply curves
6 Consumer theory
7 Interim elections (Mid-term exam )
8 Multi-variant optimization
9 Polynomials
10 Differential equations
11 Uncertainty
12 Incomplete information
13 Quadratic forms
14 Continuity in multivariable function
23 Textbooks, References and/or Other Materials: Chiang, Alpha (1990), Fundamental Methods of Mathematical Economics, McGraw Hill
Klein, Michael W. (2002), Mathematical Methods for Economics, Pearson Education
24 Assesment
TERM LEARNING ACTIVITIES NUMBER PERCENT
Midterm Exam 1 40
Quiz 0 0
Homeworks, Performances 0 0
Final Exam 1 60
Total 2 100
Contribution of Term (Year) Learning Activities to Success Grade 40
Contribution of Final Exam to Success Grade 60
Total 100
Measurement and Evaluation Techniques Used in the Course
Information
25 ECTS / WORK LOAD TABLE
Activites NUMBER TIME [Hour] Total WorkLoad [Hour]
Theoretical 14 3 42
Practicals/Labs 0 0 0
Self Study and Preparation 14 2 28
Homeworks, Performances 0 10 20
Projects 0 0 0
Field Studies 0 0 0
Midtermexams 1 25 25
Others 0 0 0
Final Exams 1 40 40
Total WorkLoad 155
Total workload/ 30 hr 5,17
ECTS Credit of the Course 5
26 CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12
LO1 3 5 4 5 4 3 4 5 3 4 5 3
LO2 3 4 5 3 4 5 3 4 5 3 4 5
LO3 4 4 5 3 4 5 3 4 5 3 3 4
LO4 3 4 5 3 4 3 5 3 4 5 3 3
LO5 3 4 5 3 4 5 5 5 5 3 4 5
LO6 4 5 3 5 4 3 5 4 5 3 4 5
LO7 3 5 5 4 3 5 4 3 5 4 3 5
LO8 4 3 5 4 5 3 4 3 5 5 5 4
LO9 4 5 3 4 4 3 5 4 4 5 4 3
LO10 4 5 3 3 4 5 5 4 5 3 5 4
LO: Learning Objectives PQ: Program Qualifications
Contribution Level: 1 Very Low 2 Low 3 Medium 4 High 5 Very High
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