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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
MATHEMATICAL MODELS ECON444 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)-
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Become familiar with mathematical models used in economics.
2) Understand non-linear programming, (Kuhn-Tucker conditions); dynamic programming, transportation problem; network analysis, PERT-COST systems, inventory models; queuing models.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNone
COURSE DEFINITIONThis course is defined to teach the use of mathematical models.
COURSE CONTENTS
WEEKTOPICS
1st Week Optimization Models
2nd Week Fundamentals of Optimization
3rd Week Representation of Linear Constraints
4th Week Geometry of Linear Programming
5th Week The Simplex Method
6th Week Network Problems
7th Week Basics and Methods of Unconstrained Optimization
8th Week Midterm
9th Week Low-Storage Methods For Unconstrained Problems
10th Week Nonlinear Least-Squares Data Fitting
11th Week Optimality Conditions for Constrained Problems
12th Week Feasible-Point Methods
13th Week Penalty and Barrier Methods
14th Week Interior-Point Methods for Linear and Convex Programming
RECOMENDED OR REQUIRED READINGStephen G. Nash and Ariela Sofer, Linear And Nonlinear Programming, McGraw-hill,1996
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Total(%)40
Contribution of In-term Studies to Overall Grade(%)40
Contribution of Final Examination to Overall Grade(%)60
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz
Individual or group work14342
Preparation for Final exam13030
Course hours14342
Preparation for Midterm exam12525
Laboratory (including preparation)
Final exam111
Homework
Total Workload141
Total Workload / 304,7
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
LO1LO2
K1  X  
K2   
K3   
K4   
K5    X
K6    X
K7    X
K8    X
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K13