Announcements

  1. Course page is on line (Frb.21)
  2. Homework Question for Chapter 10 is posted. (Feb.21)
  3. Homework Answers for Chapter 10 is posted. (Mar.3)
  4. Homework Questions for Chapter 11 is posted. (Mar.9)
  5. Homework Answers for Chapter 11 is posted. (Mar.20)
  6. Homework Questions for Chapter 12 and Chapter 13 are posted. (Mar.20)
  7. Answer to the Practice Question given in the class on 13 March. (Mar.20)
  8. Answers to Homework Questions for Chapter 12 and Chapter 13 posted. (Mar.27)
  9. The result of Midterm Exam I is posted. (Apr.5)
  10. Homework Questions for Chapter 14 is posted. (Apr.23)
  11. HW Answers for CH.14 loaded. page1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11. (May1)
  12. Midterm 2 result posted. (May 25)

Personnel

Instructor: Shihomi Ara-Aksoy
(Office: İİBF, İktisat Bölümü, Email: )

Course Information

Schedule: Tuesdays 9:00-11:45, D4

Office hours: Tuesdays, Wednesdays, 13:00-14:00 or By Appointment

Course description
/objective:

This course covers the fundamental mathematical concepts used in economics. Topics covered during this semester include the  basic concepts of interest rates and present values, functions of many variables including partial derivatives, some tools used in comparative statics, multivariable and constrained optimization techniques, and matrix algebra used in economics. Since the mathematical concepts taught in this class will be the foundation of other economics courses, make sure to understand each subject matter clearly.


Texts

Course Syllabus

Lecture Schedule

Week

Contents

Week 1

(Feb.14)

Topics:
  • Interest Rates and Present values
Readings:
  • Ch. 10

Week 2

(Feb. 21)

Topics:
  • Function of Many Variables
Readings:
  • Ch. 11

Week 3

(Feb.28)

Topics:
  • Function of Many Variables
Readings:
  • Ch. 11

Week 4

(Mar.6)

Topics:
  • Tools for Comparative Statics
Readings:
  • Ch. 12

Week 5

(Mar.13)

Topics:
  • Tools for Comparative Statics
Readings:
  • Ch. 12

Week 6

(Mar.20)

Topics:
  • Multivariable Optimization
Readings:
  • Ch. 13

Week 7

(Mar.27)

Topics:
  • Multivariable Optimization
Readings:
  • Ch. 13

Week 8

(TBA)

Midterm Exam I

Week 9

(Apr.10)

Topics:
  • Constrained Optimization
Readings:
  • Ch. 14

Week 10

(Apr.17)

Topics:
  • Constrained Optimization
Readings:
  • Ch. 14

Week 11

(Apr.24)

Topics:
  • Matrix and Vector Algebra
Readings:
  • Ch. 15

Week 12

(May 1)

No Class
  Midterm Exam II

Week 13

(May 8)

Topics:
  • Matrix and Vector Algebra
Readings:
  • Ch. 15

Week 14

(May 15)

Topics:
  • Determinants and Inverse Matrices
Readings:
  • Ch. 16

Final Exam

(TBA)

Final Exam

Exams

Grading Policy

1nd Midterm Exam25%
2nd Midterm Exam25%
Final Exam50%

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