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Course Description |
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Course Name |
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Introduction To Mathematical Economics - I |
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Course Code |
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İSB213 |
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Course Type |
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Compulsory |
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Level of Course |
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First Cycle |
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Year of Study |
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2 |
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Course Semester |
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Fall (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Prof.Dr. HÜSEYİN MAHİR FİSUNOĞLU |
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Learning Outcomes of the Course |
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Understanding the economic problem. Evaulating the premarket economy. Learning about industrial revolution. Price theory. Consumer theory and producer theory.
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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This is a one semester course in economics. The emphasis of the course will be developing set of tools and the application of their customer behaviour. |
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Course Contents |
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Understanding the economic problem. |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
INTRODUCTION |
Studying textbooks |
Lecture |
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2 |
Introduction to the market economy |
Studying textbooks |
Lecture |
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3 |
Price mechanism: Demand, Supply and Price |
Studying textbooks |
Lecture, problem session, and case studies
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4 |
Elasticity |
Studying textbooks |
Lecture, problem session, and case studies
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5 |
The price control of government |
Studying textbooks |
Lecture, problem session, and case studies
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6 |
The theory of consumer behavior |
Studying textbooks |
Lecture, problem session, and case studies |
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7 |
Production and Costs |
Studying textbooks |
Lecture, problem session, and case studies
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8 |
Midterm |
Studying textbooks |
Written Exam |
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9 |
Perfect Competition Market |
Studying textbooks |
Lecture, problem session, and case studies
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10 |
Monopoly |
Studying textbooks |
Lecture, problem session, and case studies
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11 |
Monopoly |
Studying textbooks |
Lecture, problem session, and case studies |
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12 |
Monopolistic Competition Market |
Studying textbooks |
Lecture, problem session, and case studies |
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13 |
Monopolistic Competition Market |
Studying textbooks |
Lecture, problem session, and case studies |
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14 |
Oligopoly |
Studying textbooks |
Lecture, problem session, and case studies |
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15 |
Oligopoly |
Studying textbooks |
Lecture, problem session, and case studies |
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16/17 |
Final Exam |
Studying textbooks |
Written Exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
By Michael Parkin, Microeconomics - Macroeconomics, 5th Edition.
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| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
60 |
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Homeworks/Projects/Others |
6 |
40 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Utilize computer systems and softwares |
4 |
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2 |
Apply the statistical analyze methods |
1 |
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3 |
Make statistical inference(estimation, hypothesis tests etc.) |
4 |
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4 |
Generate solutions for the problems in other disciplines by using statistical techniques |
4 |
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5 |
Discover the visual, database and web programming techniques and posses the ability of writing programme |
1 |
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6 |
Construct a model and analyze it by using statistical packages |
2 |
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7 |
Distinguish the difference between the statistical methods |
2 |
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8 |
Be aware of the interaction between the disciplines related to statistics |
1 |
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9 |
Make oral and visual presentation for the results of statistical methods |
2 |
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10 |
Have capability on effective and productive work in a group and individually |
3 |
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11 |
Develop scientific and ethical values in the fields of statistics-and scientific data collection |
0 |
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12 |
Explain the essence fundamentals and concepts in the field of Probability, Statistics and Mathematics |
5 |
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13 |
Emphasize the importance of Statistics in life |
4 |
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14 |
Define basic principles and concepts in the field of Law and Economics |
4 |
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15 |
Produce numeric and statistical solutions in order to overcome the problems |
3 |
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16 |
Construct the model, solve and interpret the results by using mathematical and statistical tehniques for the problems that include random events |
1 |
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17 |
Use proper methods and techniques to gather and/or to arrange the data |
1 |
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18 |
Professional development in accordance with their interests and abilities, as well as the scientific, cultural, artistic and social fields, constantly improve themselves by identifying training needs |
0 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
3 |
42 |
| Assesment Related Works |
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Homeworks, Projects, Others |
6 |
2 |
12 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
10 |
10 |
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Final Exam |
1 |
15 |
15 |
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Total Workload: | 121 |
| Total Workload / 25 (h): | 4.84 |
| ECTS Credit: | 5 |
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