Announcements

  1. Course page is on line (Oct.30)
  2. Homework Questions for Chapter 3 available (Oct. 31)
  3. Homework Questions for Chapter 4 and Chapter 5 available. (Nov.3)
  4. Homework Answers for Chapter 3, Chapter 4 and Chapter 5 available. (Nov.16)
  5. Homework Question for Chapter 6 available. (Nov.17)
  6. Important Graphs you should know. (Nov.17)
  7. Midterm Exam: 23 Nov. (Wednesday) 9:00 - 10:30. Coverage: Chapters 2, 3, 4, 5, 6. Bring a calculator. No cell phone.DZ10
  8. Homework Answer for Chapter 6 available. (Nov.21)
  9. Midterm Exam I Result posted. (Nov.30)
  10. Homework Questions for Chapter 7 is posted. (Dec.7)
  11. Midterm Exam II: Dec.23 (Friday) at 16:00.
  12. Homework Answers for Chapter 7 posted. (Dec.19)
  13. Homework Questions for Chapter 8 part 2 is posted. (Dec.19)
  14. Homework Answers for Chapter 8 part 2 is posted. (Dec.19)
  15. Homework Answers for Chapter 8 part1 (given in the class) is posted. (Dec.19)
  16. Homework Questions for Chapter 9, 11 and 12 posted. (Jan.5)
  17. Homework Answer for Chapter 9 posted. (Jan.5)
  18. Homework Answer for the question given in the class for Chapter 11 posted.(Jan.5)
  19. Final Exam Coverage: Chapters 6, 7, 8, 9, 11, and 12.
  20. Homework Answer for Chapter 11 posted. (Jan.6) => There were some mistakes in the version I posted on Friday. Make sure you check this version! Sorry! (Jan.8)
  21. Homework Answer for Chapter 12 posted. (Jan.8)
  22. Midterm Exam II Result posted. (Jan.9)
  23. Final Exam Result posted. (Jan.13)

Personnel

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

Course Information

Schedule: Wednesdays, 9:00 - 11:45, D11
Office hours:
Tuesdays, Wednesdays from 12:00 - 13:30 or
by Appointment
Course description
/objective:

This course is designed to introduce a wide range of mathematical techniques used in senior undergraduate level economics courses. The mathematical tools used in equilibrium models, comparative-static models and optimization problems are discussed with economics applications. The course will extensively employ algebra and basic calculus, although there will be a review of basic techniques such as differentiation, integration and matrix operations as these skills are required.


Texts

Course Syllabus

Lecture Schedule

Week

Contents

Week 1

(Oct. 5)
Topics:
  • Economics Models

Week 2

(Oct.12)
Topics:
  • Equilibrium Analysis in Economics
Readings:
  • Ch. 3

Week 3

(Oct. 19)
Topics:
  • Linear Models and Matrix Algebra (1)
Readings:
  • Ch. 4

Week 4

(Oct. 26)
Topics:
  • Linear Models and Matrix Algebra (2)
Readings:
  • Ch. 5

Week 5

(Nov. 2)
Topics:
  • Comparative Statics and the Concept of Derivative
Readings:
  • Ch. 6

Week 6

(Nov. 9)
No Class

Week 7

(Nov.16)
Topics:
  • Rules of Differentiation and Their Use in Comparative Statics
Readings:
  • Ch. 7

Week 8

(TBA)
1st Midterm Exam

Week 9

(Nov. 30)
Topics:
  • Comparative-Static Analysis of General-Function Models
Readings:
  • Ch. 8
Week 10
(Dec. 7)
Topics:
  • Optimization: A Special Variety of Equilibrium Analysis
Readings:
  • Ch. 9

Week 11

(Dec. 14)
Topics:
  • Exponential and Logarithmic Functions
Readings:
  • Ch. 10

Week 12

(Dec. 21)
Topics:
  • The Case of More than One Choice Variable
Readings:
  • Ch. 11
During Week 12
2nd Midterm Exam

Week 13

(Dec. 28)
Topics:
  • Optimization with Equality Constraints
Readings:
  • Ch. 12

Week 14

(Jan. 4)
Topics:
  • Any remaining topics
Readings:

Final Exam

(TBA)
Final Exam

Exams

Grading Policy

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

Related Links