Learning Outcomes |
PO |
MME |
The students who succeeded in this course: |
|
|
LO-1 |
Be able to relate how to apply mathematical principles into economics. |
PO-10 have ability on modeling the economic theories mathematically. PO-11 have ability on defining economic variables and comment on the relationships between these variables.
|
Examination |
LO-2 |
Be able to formulate the economical problems mathematically. |
PO-10 have ability on modeling the economic theories mathematically. PO-11 have ability on defining economic variables and comment on the relationships between these variables.
|
Examination |
LO-3 |
Be able to solve the economical functions (optimization). |
PO-10 have ability on modeling the economic theories mathematically. PO-11 have ability on defining economic variables and comment on the relationships between these variables.
|
Examination |
LO-4 |
Be able to solve the constrained optimization problems. |
PO-10 have ability on modeling the economic theories mathematically. PO-11 have ability on defining economic variables and comment on the relationships between these variables.
|
Examination |
PO: Programme Outcomes MME:Method of measurement & Evaluation |
Course Contents |
The definition and scope of mathematical economics. Static analysis: Partial and general equilibrium analysis. Comparative static analysis: The derivative and rules of differentiation, the use of derivatives in economics. Constrained optimization: The mathematical analysis of consumers’ and producers’ equilibrium. The market structure and profit maximization. Homogeneous functions. Cobb-Douglas and CES production functions |
Weekly Course Content |
Week |
Subject |
Learning Activities and Teaching Methods |
1 |
Introduction |
Lecturing |
2 |
The definition and scope of mathematical economics |
Lecturing |
3 |
Static analysis: Partial and general equilibrium analysis |
Lecturing |
4 |
Comparative static analysis: The derivative and rules of differentiation, the use of derivatives in economics |
Lecturing |
5 |
Comparative static analysis: The derivative and rules of differentiation, the use of derivatives in economics |
Lecturing and Problem solving method |
6 |
Comparative static analysis: The derivative and rules of differentiation, the use of derivatives in economics |
Lecturing and Problem solving method |
7 |
Constrained optimization: The mathematical analysis of consumers’ and producers’ equilibrium. |
Lecturing |
8 |
mid-term exam |
|
9 |
Constrained optimization: The mathematical analysis of consumers’ and producers’ equilibrium. |
Lecturing |
10 |
Constrained optimization: The mathematical analysis of consumers’ and producers’ equilibrium. |
Lecturing and Problem solving method |
11 |
The market structure and profit maximization |
Lecturing |
12 |
The market structure and profit maximization |
Lecturing and Problem solving method |
13 |
Homogeneous functions |
Lecturing |
14 |
Cobb-Douglas and CES production functions |
Lecturing |
15 |
Cobb-Douglas and CES production functions |
Problem solving method |
16 |
final exam |
|
Recommend Course Book / Supplementary Book/Reading |
1 |
Chiang, A., K. Wainwright; Matematiksel İktisadın Temel Yöntemleri, 4. Baskı, Gazi Kitabevi, Ankara, 2005. |
Required Course instruments and materials |
1. Chiang, A., K. Wainwright; Matematiksel Iktisadin Temel Yontemleri, 4. Baski, Gazi Kitabevi, Ankara, 2005.
2. Sekmen, F.; Iktisadi Matematik, 1. Baski, Detay Yayincilik, Ankara, 2009. |