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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
APPLIED OPTIMIZATION METHODS ECON563 - 3 + 0 10

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITMaster's Degree With Thesis
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED10
NAME OF LECTURER(S). Servıs Servıs
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) are provided with a comprehensive and advanced understanding of the deterministic and stochastic dynamic programming in an advanced way and demonstrate some applied optimization and modeling.
2) are provided with modeling skills in solving practical cases.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONThis course focuses on the mathematical ideas and computational methods used in the optimization theory.
COURSE CONTENTS
WEEKTOPICS
1st Week Dynamic systems: local and global analysis
2nd Week Dynamic systems: local and global analysis
3rd Week Dynamic systems: local and global analysis
4th Week Deterministic dynamic programming: theory and numerical implementation
5th Week Deterministic dynamic programming: theory and numerical implementation
6th Week Deterministic dynamic programming: theory and numerical implementation
7th Week Stochastic dynamic programming: theory and numerical implementation
8th Week Midterm
9th Week Stochastic dynamic programming: theory and numerical implementation
10th Week Markov processes: weak and strong convergence
11th Week Markov processes: weak and strong convergence
12th Week Markov processes: weak and strong convergence
13th Week Markov processes: weak and strong convergence
14th Week Markov processes: weak and strong convergence
RECOMENDED OR REQUIRED READINGJ. Lundgren, M. Rönnqvist, and P. Varbrand, Optimization, Studentlitteratur, 2010.
M. Henningsson, J. Lundgren, M. Rönnqvist, and P. Varbrand, Optimization, Studentlitteratur, 2010.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Quiz110
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam122
Preparation for Quiz15555
Individual or group work14570
Preparation for Final exam17070
Course hours14342
Preparation for Midterm exam16060
Laboratory (including preparation)
Final exam122
Homework
Total Workload301
Total Workload / 3010,03
ECTS Credits of the Course10
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
LO1LO2
K1  X   X
K2  X   X
K3  X  
K4  X  
K5  X   X
K6  X   X
K7  X  
K8  X  
K9  X  
K10