Announcements

  1. Course page is on line (Sep. 21)
  2. Suggested supplemental textbooks are listed. (Oct.20)
  3. Important Change: Midterm Exam 1 is in the second week of Nov. now. (Oct.22)
  4. List of Homework questions is posted.(Nov.2)
  5. Midterm Exam Schedule: Nov.10.Monday 11:00-12:45 at A3. (Nov.5)
  6. Answer to Quiz1 posted (Nov.6)
  7. Quiz 1 Result posted (Nov.7)
  8. Midterm Exam 2: Dec.3 (Wednesday), 16:00-17:45 at D4-D6. (Nov.24)
  9. Quiz 2 Result and Q&A posted. (Nov. 28)
  10. Midterm Exam I and II results are announced. (Dec.7)
  11. Class will start at 13:30 on Dec.19th. (Dec.18)
  12. Quiz 3 Result announced. (Dec. 27)
  13. Final Exam: January 9 (Friday), 11:30-13:20, @ A3. Bring a calculator. No cell phone.
  14. Final Exam result announced.  (Jan.11)

 

 

 

Personnel

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

Course Information

Schedule: Fridays 13:00-15:45, D7

Office hours: Mondays 16:00-17:00, Tuesdays 13:00-14:00 Or By Appointment

Course description
/objective:

This course covers the fundamental mathematical concepts used in economics. Different types of functions and their properties, differentiation and derivatives used in practice, the logic of optimization, integration, the concept of present values will be discussed. Many of the mathematical concepts might be already familiar to you from your high school mathematics classes. In this course, however, try to focus on understanding each concept, rather than memorizing the formulas.

The mathematical concepts taught in this class will be the foundation of other economics courses. Therefore, make sure to understand each subject matter clearly.


Texts

Suggested Supplemental Textbooks: For those who want to read more.

Homework Questions: List 1 (as of Nov.2)

Course Syllabus

Lecture Schedule

Week

Contents

Week 1

(Sep. 26)

Introduction

Week 2

(Oct. 3)

No Class

Week 3

(Oct. 10)

Topics:
  • Functions of One Variable
Readings:
  • Ch. 4

Week 4

(Oct. 17)

Topics:
  • Properties of Functions
Readings:
  • Ch. 5

Week 5

(Oct. 24)

Topics:
  • Differentiation
Readings:
  • Ch. 6

Week 6

(Oct. 31)

Topics:
  • Differentiation
  • Derivatives in Use
Readings:
  • Ch. 6, Ch. 7

Answer to Quiz 1

Quiz 1 Result

Week 7

(Nov.7)

Topics:
  • Derivatives in Use
Readings:
  • Ch. 7

Week 8

(Nov.10, Monday)

Midterm Exam 1

11:00-12:45 at A3

Week 9

(Nov. 21)

Topics:
  • Single-Variable Optimization
Readings:
  • Ch. 8

Week 10

(Nov. 28)

Topics:
  • Single-Variable Optimization
  • Integration
Readings:
  • Ch. 8, Ch. 9

Quiz 2 Result, Question and Answers

Dec. 3 (Wed) Midterm Exam 2: Dec.3 (Wednesday),
16:00-17:45  at D4-D6.
Coverage: Chapter 7 + Chapter 8 up to page 267.


Midterm I and II Results

Week 11

(Dec. 5)

Normal Class:
Topics:
  • Single-Variable Optimization
  • Integration
Readings:
  • Ch. 8, Ch. 9

Week 12

(Dec. 12)

No Class

Week 13

(Dec. 19)

Topics:
  • Integration
Readings:
  • Ch. 9

Week 14

(Dec. 26)


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

Quiz 3 Result

Final Exam

(TBA)

Exams

Grading Policy

Three Quizzes5% each (15% total)
1nd Midterm Exam25%
2nd Midterm Exam25%
Final Exam35%

Related Links