ECON475 INTRODUCTION TO MATHEMATICAL ECONOMICS I
| Course Code: | 3110475 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assist.Prof.Dr NİL İPEK ŞİRİKÇİ |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
This course aims to provide the students with an understanding of the elements of matrix algebra, differential calculus and optimization (unconstrained, equality-constrained and inequality constrained optimization), and to introduce to them the various economic models in which these methods are utilized.
Course Content
Nature of equilibrium analysis. Comparative statics and dynamic analysis. Mathematical treatment of some topics in microeconomics.
Course Learning Outcomes
At the end of the course, the students are expected to be able to apply the mathematical tools introduced to formulate and solve economic problems and to be able to use them in different economic contexts.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | The aim of our program is to equip our students with the necessary skills and tools to have a firm understanding of economic theory and policymaking. Our graduates will be able to conceptualize economic problems, assess, analyze, and propose scientific solutions to them. | ✔ | |||
| 2 | Our students are expected to have interdisciplinary perspective to be able to follow and understand daily economic and political developments. | ✔ | |||
| 3 | Our program also trains students to be open to new ideas, be sensitive about social problems surrounding them and work towards providing solutions for these to share with their community. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution