Course Code	Semester	Course Name	LE/RC/LA	Course Type	Language of Instruction	ECTS
IKT2001	2	Quantitative Methods for Economists II	2/2/0	CC		4

Course Goals	The main objective of this course is to introduce the students to the basics of economic models and to provide basic information about quantitative methods.
Prerequisite(s)	None
Corequisite(s)	None
Special Requisite(s)	None
Instructor(s)	Assist. Prof. Dr. Nazlı Şahanoğulları
Course Assistant(s)
Schedule	Monday 15:00-17:00, L-02 (Theory) Wednesday11:00-13:00, L-02 (Problem Solving Session)
Office Hour(s)	n.sahanogullari@iku.edu.tr Office Hours: Monday and Wednesday 14:00-15:00 B-605
Teaching Methods and Techniques	Oral Presentation, Discussion, Applying and Practice
Principle Sources	Chiang A.C. & Wainwright K. (2016). Matematiksel İktisadın Temel Yöntemleri (Osman Aydoğuş, Çev.) İstanbul: Literatür Kitabevi
Other Sources	Lecture Notes

Course Schedules
Week	Contents	Learning Methods
1. Week	Operations with Matrices	Oral Presentation
2. Week	Systems of Equations with Matrices	Oral Presentation
3. Week	Limit and Continuity	Oral Presentation
4. Week	Derivation Rules	Oral Presentation
5. Week	Derivation Rules	Oral Presentation
6. Week	Marginal Functions	Oral Presentation
7. Week	Midterm	Assessment
8. Week	Midterm	Assessment
9. Week	Introduction to Optimization	Oral Presentation
10. Week	Single Variable Unconstrained Optimization	Oral Presentation
11. Week	Optimization with Functions of Multiple Variables	Oral Presentation
12. Week	Constrained Optimization	Oral Presentation
13. Week	Economic Applications in Constrained Optimization	Oral Presentation
14. Week	Review Lecture	Discussion, Applying and Practice
15. Week	Final	Assessment
16. Week	Final	Assessment
17. Week

Assessments
Evaluation tools	Quantity	Weight(%)
Midterm(s)	1	40
Final Exam	1	60

Program Outcomes PO-1 To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice. PO-2 To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained. PO-3 To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules. PO-4 To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions. PO-5 To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies. PO-6 To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems. PO-7 To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives. PO-8 To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications. PO-9 To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues. PO-10 To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field. PO-11 To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.

Learning Outcomes LO-1 to define the concept of marginality in the economics literature. LO-2 to analyze the graphs by drawing. LO-3 to use optimization tool to solve economic problems LO-4 to provide information about macroeconomic indications LO-5 to compare different indices by calculating indices

Course Assessment Matrix:

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10	PO 11
LO 1
LO 2
LO 3
LO 4
LO 5