Information Package / Course Catalogue
| Economics | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
ECTS Course Information Package
| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
| Course Code | MATH 111 | ||||
| Course Title in English | Mathematics I: Algebra | ||||
| Course Title in Turkish | Matematik I: Cebir | ||||
| Language of Instruction | EN | ||||
| Type of Course | Lecture | ||||
| Level of Course | Seçiniz | ||||
| Semester | Fall | ||||
| Contact Hours per Week |
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| Estimated Student Workload | 148 hours per semester | ||||
| Number of Credits | 6 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites | None | ||||
| Co-requisites | None | ||||
| Expected Prior Knowledge | None | ||||
| Registration Restrictions | Undergraduate students only | ||||
| Overall Educational Objective | Learn the basic mathematical tools and foundations for undergraduate students of Economics at an introductory level | ||||
| Course Description | The course is designed such that students taking this course will have the necessary mathematical equipment. Topics include algebraic expressions, functions, graphs, system of equations and financial calculations. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Demonstrate basic knowledge in fundamental mathematical techniques and subjects 2) Solve simple algebraic issues such as factorization, linear equations, linear inequalities, quadratic equations, and absolute value; make calculations with exponents and radicals; develop and model situations described by linear or quadratic equations and solve them 3) Identify linear, exponential and logarithmic functions; find composite and inverse functions; sketch the graphs of functions; find symmetry, reflection, and rotations in Cartesian coordinates 4) Solve systems by describing equilibrium; define economic relationships as single variable functions, like demand, supply, price, revenue, cost, and profit; draw lines; evaluate slopes 5) Compute simple, compound and continuous compound interest and the future and present values; develop a strategy for solving finance problems using mathematics |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| 1) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. | |||||
| 2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. | |||||
| 3) Displays a sound comprehension of microeconomic and macroeconomic theory. | |||||
| 4) Applies economic concepts to solve complex problems and enhance decision-making capability. | |||||
| 5) Uses quantitative techniques to analyze different economic systems. | |||||
| 6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. | |||||
| 7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. | |||||
| 8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings. | |||||
| 9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. | |||||
| 10) Exhibits individual and professional ethical behavior and social responsibility. | |||||
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. | N | |
| 2) | Demonstrates knowledge and skills in understanding the interactions of different areas of economics. | N | |
| 3) | Displays a sound comprehension of microeconomic and macroeconomic theory. | N | |
| 4) | Applies economic concepts to solve complex problems and enhance decision-making capability. | N | |
| 5) | Uses quantitative techniques to analyze different economic systems. | N | |
| 6) | Applies theoretical knowledge to analyze issues regarding Turkish and global economies. | N | |
| 7) | Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. | N | |
| 8) | Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings. | N | |
| 9) | Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. | N | |
| 10) | Exhibits individual and professional ethical behavior and social responsibility. | N | |
| 11) | Displays learning skills necessary for further study with a high degree of autonomy | N |
| Prepared by and Date | DİLA ASFUROĞLU , August 2025 |
| Course Coordinator | DİLA ASFUROĞLU |
| Semester | Fall |
| Name of Instructor |
Course Contents
| Week | Subject |
| 1) | Introduction |
| 2) | Review of Algebra |
| 3) | Review of Algebra |
| 4) | Applications and more algebra |
| 5) | Applications and more algebra |
| 6) | Functions and Graphs |
| 7) | Functions and Graphs |
| 8) | Review |
| 9) | Lines, Parabolas, and Systems |
| 10) | Lines, Parabolas, and Systems |
| 11) | Exponential and Logarithmic functions |
| 12) | Exponential and Logarithmic functions |
| 13) | Mathematics of Finance |
| 14) | Mathematics of Finance |
| 15) | Final examination period |
| 16) | Final examination period |
| Required/Recommended Readings | Ernest F. Haeussler, Richard S. Paul, Richard J. Wood, Introductory Mathematical Analysis for Business, Economics, and the Life and Social Sciences, 14th ed. | |||||||||||||||
| Teaching Methods | Flipped learning | |||||||||||||||
| Homework and Projects | Homeworks | |||||||||||||||
| Laboratory Work | None | |||||||||||||||
| Computer Use | None | |||||||||||||||
| Other Activities | Prequizzes | |||||||||||||||
| Assessment Methods |
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| Course Administration |
asfuroglud@mef.edu.tr More detailed information, such as course office hours, can be found in the syllabus. Participation is not mandatory but highly recommended. There are no excuses for the assessment methods used in this course. Mathematics is best learned through practice. Students are expected to be open-minded and willing to try and fail. |
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ECTS Student Workload Estimation
| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 14 | 2 | 3 | 2 | 98 | ||
| Homework Assignments | 3 | 0 | 1 | 1 | 6 | ||
| Quiz(zes) | 5 | 2 | 1 | 1 | 20 | ||
| Midterm(s) | 3 | 5 | 1 | 2 | 24 | ||
| Total Workload | 148 | ||||||
| Total Workload/25 | 5.9 | ||||||
| ECTS | 6 | ||||||