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MATHEMATICS FOR BUSINESS AND ECONOMICS-II

Course
MATH112 - MATHEMATICS FOR BUSINESS AND ECONOMICS-II
Department
Basic Sciences and Humanities
Course Type
Course
Status
Required
Language
English
Credit
3
ECTS
4
T+P+L
3 + 0 + 0
Course Coordinator(s)
Dr. Mert MANGUT
Prerequisite
Keywords

Course Description

The course is a continuation of MATH111, Mathematics for Businesss and Economics-II.This course is designed to equip students with the knowledge and aspects of mathematics for business and economics such as linear programming, matrices and their properties, matrices with applications to business, management and economics, linear and non-linear equations, their properties, finding solutions, their graphs and principles of differentiations ( derivative of elementary functions, derivative of quotient, product etc.), marginal concepts and optimization, partial differentiation, rules of differentiations and applications, definite and indefinite integrals, integration integral of elementary functions, integration by parts and substitution methods, applications of the integral, matrix addition , subtraction, multiplication and elementary operations, inverse, transpose of matrices.

MATHEMATICS FOR BUSINESS AND ECONOMICS-II

Evaluation Tools (Active Term)

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Course outcomes

  1. 01 1. Recognising the rules of algebra and how to implement them.
  2. 02 2. How the derivation and graphing of linear equations can be applied to economic and business issues.
  3. 03 3. Recognition of the application of marginal functions, second‐order derivatives and optimization in economics.
  4. 04 4. Application of Cramer Rule to solve economic problems.

Course Syllabus

Week Topic
Week 1 Non-linear Equations and Principles of Differentiation
Week 2 Non-linear Equations and Principles of Differentiation
Week 3 Marginal Concepts and Optimization
Week 4 Marginal Concepts and Optimization
Week 5 Partial Differentiation
Week 6 Partial Differentiation
Week 7 Elasticity and marginal utility
Week 8 Revision Week
Week 9 Midterm Exam
Week 10 Partial Differentiation
Week 11 Applications of partial differentiation in economics
Week 12 Integration
Week 13 Integration
Week 14 Review of the term
Week 15 Final Exam

Reference Books & Course Materials

  1. 01 Mathematics for Economics and Business, Ian Jacques, Pearson, 9th Edition, 2018.

Learning Outcomes

No learning outcomes have been defined.

Program Outcomes

  1. P01 1- To have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources including current information in the field of Accounting and Finance.
  2. P02 2- To be able to use advanced theoretical and practical knowledge acquired in the field of Accounting and Finance.
  3. P03 3- To be able to interpret and evaluate data, identify problems, analyze and develop solutions based on research and evidence by using advanced knowledge and skills acquired in the field of Accounting and Finance.
  4. P04 4- To be able to take responsibility as an individual and a team member in order to solve complex and unpredictable problems in accounting and finance applications.
  5. P05 5- To be able to plan and manage activities for the development of employees under the responsibility of a project.
  6. P06 6- To be able to determine the learning requirements in the field of Accounting and Finance and to direct their learning.
  7. P07 7- To be able to inform people and institutions about issues related to the field of accounting and finance, and to be able to transfer their ideas and solution proposals in writing and orally.
  8. P08 8- To be able to use information and communication technologies together with computer software at the European Computer Driving License Advanced Level required by the field of Accounting and Finance.
  9. P09 9- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results related to the field of accounting and finance.

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