Course Code	Semester	Course Name	LE/RC/LA	Course Type	Language of Instruction	ECTS
GIR1001	1	Quantitative Methods for Economists I	2/2/0	CC	Turkish	5

Course Goals	The main objective of this course is to enhance the matematical background of students and to show nexus between mathematics and economics. In addition, this course aims to introduce the basic economic elements and quantitative methods for economic analysis
Prerequisite(s)	None
Corequisite(s)	None
Special Requisite(s)	None
Instructor(s)	ProfessorAli Şen
Course Assistant(s)	Res. Asst. Aras Yolusever
Schedule	This course was not opened in the 2022-2023 academic year...
Office Hour(s)	on Thursday and Friday BK B-603 or via a.yolusever@iku.edu.tr
Teaching Methods and Techniques	Lecture, Discussion, Applying and Practice
Principle Sources	1. The course notes prepared by lecturer:         Demand Analysis Lecture Notes         Slope and Elasticity Lecture Notes         Partial/General Equilibrium Lecture Notes         IS-LM Model Lecture Notes         Input-Output Analysis Lecture Notes         Interactive Study Materials, Solved Questions, Mini Quizzes and Homework         Net Present Value Method         Presentations 2. Chiang A.C. & Wainwright K. (2016). Basic Methods of Mathematical Economics (Osman Aydoğuş, Trans.) İstanbul: Literatür Kitabevi
Other Sources	Dowling E.T. (2013). İşletme ve İktisat İçin Matematiksel Yöntemler (Ömer Faruk Çolak, Murat Yıldırımoğlu Çev.) Ankara: Nobel Akademik Yayıncılık

Course Schedules
Week	Contents	Learning Methods
1. Week	Introduction to Supply-Demand Analysis: Supply and Demand Concepts	Lecture/Discussion/Exercise
2. Week	Slope/Elasticity Terms and Analysis	Lecture/Discussion/Exercise
3. Week	Partial Equilibrium and General Equilibrium Analysis	Lecture/Discussion/Exercise
4. Week	Introduction to Input-Output Analysis: Basic Terms, Assumptions of the Model	Lecture/Discussion/Exercise
5. Week	History of Input-Output Model, Table InterpretationPatterns, Closed and Open Leontief Models	Lecture/Discussion/Exercise
6. Week	Leontief Input-Output analysis: Static and Dynamic Models and Applications	Lecture/Discussion/Exercise
7. Week	Question Solutions (Supply-Demand Analysis and Input-Output Analysis)	Exercise
8. Week	Midterm Exam Week	Assessment
9. Week	Midterm Exam Week	Assessment
10. Week	Basic Macro Economic Indicators	Lecture/Discussion/Exercise
11. Week	Net Present Value Method	Lecture/Discussion/Exercise
12. Week	IS-LM Analysis: Overview of the Simple Keynesian Model and Basic Theoretical Information	Lecture/Discussion/Exercise
13. Week	IS-LM Analysis: Usage Areas, Numerical Analysis and Graphic Analysis	Lecture/Discussion/Exercise
14. Week	IS-LM Analysis: Usage Areas, Numerical Analysis and Graphic Analysis	Lecture/Discussion/Exercise
15. Week	Final Exam Week	Assessment
16. Week	Final Exam Week	Assessment
17. Week	Final Exam Week	Assessment

Assessments
Evaluation tools	Quantity	Weight(%)
Midterm(s)	1	20
Quizzes	4	20
Homework / Term Projects / Presentations	1	10
Attendance	1	10
Final Exam	1	40

Program Outcomes PO-1 Define the concept and types of entrepreneurship in historical development within the framework of entrepreneurship theory. PO-2 Develop awareness about ways to improve personal and corporate innovation and creativity PO-3 Distinguish the different aspects of SME management and its problems from SME management and its problems PO-4 Design a business plan to start a new business PO-5 Assess the institutionalization process of newly established businesses PO-6 Employ the information and skill that is related to entrepreneurship in the career life and apply it to the workplace environment. PO-7 Explain new business in social environment with social capital and communication competence PO-8 Interpret knowledge of innovation and the importance of innovation that learned during education life with up-to-date information and adopt it to business life PO-9 Identify how to reach entrepreneurship supports thanks to the basic and up-to-date information gained on entrepreneurship and estimates about the change and paradigm shifts in the entrepreneurship ecosystem. PO-10 Compose the conceptual and cognitive knowledge with expert knowledge required by business life

Learning Outcomes LO-1 Defining the concept of partial/general equilibrium that is frequently discussed in the economics literature; analyzing the economic literature on these concepts. LO-2 Explaining the concepts of Supply/Demand; list the factors affecting supply and demand and solve mathematical supply-demand problems. LO-3 Defining the concepts of investment, saving, money supply and money demand; making sense of these concepts, obtaining all of them through graphics; evaluating the differencebetween general balance and imbalance situations. LO-4 Explaining macroeconomic indicators at basic level; calculate and interprets current economic indicators using the net present value method. LO-5 Explaining the basic assumptions of Input-Output analysis; calculate the national income of countries through input-output tables; Analyze economies with the Cramer Method using matrices and determinants, compare and interpret the results.

Course Assessment Matrix:

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10
LO 1
LO 2
LO 3
LO 4
LO 5