COURSE UNIT TITLE

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR ISMAIL MAZGIT

Offered to

Economics

Course Objective

The aim of this course to establish large-scale computable general equilibrium (CGE) models for doing policy analysis and learn the basic tools for applying the solution techniques. In this respect, after examining the mathematical and microeconomic foundations of general equilibrium, adaptation data, calibration and solution algorithms will be discussed, policy simulation exercises will be made.GAMS and MATLAB programs will be used for solution algorithms.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

Main References:

(1) Bulutay, Tuncer (1979), Genel Denge Kuramı, SBF Yay., Ankara.
(2) Mas-Colell, A. (1985), The Theory of General Economic Equilibrium: A Differantiable Approach, Cambridge University Press.
(3) Shoven, J. and Whalley, J. (1992), Applying General Equilibrium, Cambridge University Press.
(4) Starr, R. (1997), General Equilibrium Theory : An Introduction, Cambridge University Press.
Supplementary Reference:
(5) Aydoğuş, Osman (1999), Girdi-Çıktı Modellerine Giriş, Gazi Kitabevi Yay., Ankara.
(6) Chiang, A. Fundamental Methods of Mathematical Economics McGraw Hill.
(7) Kreps, D. A. (1990), Course in Microeconomic Theory. Princeton, NJ: Princeton University.
(8) Mas-Colell, A., M. Whinston, and J. Green. Microeconomic Theory. New York, NY: Oxford University Press, 1995.
(9) Rosenthal, Richard E. (2012), GAMS: A User's Guide, GAMS Development Corporation, Washington.
(10) Varian, H. (1992), Microeconomic Analysis. 3rd ed. New York, NY: W.W. Norton,.

Planned Learning Activities and Teaching Methods

In the course basic mathematical and micro sub-structure will be established in 14-week course since mid-term exam. After the mid-term exam the first half of each course will be devoted to the faculty members lectures. The second half, will be devoted to computerized application. Each student should come prepared to class every week; a subject to be determined by student, for Turkey's economy, build a model that can be a simple but provides all of the technical requirements, solves, calibrated to make the policy simulations and this work are expected to offer department seminar at the end of the period.

Assessment Methods

Further Notes About Assessment Methods

As well as exams done, presentations and tasks will be decisive.

Assessment Criteria

The evaluation of visual and written expression sources related with the presentations and tasks efficiency will be determined according to the run of the course and the functioning of the materials to be used in the course.

Language of Instruction

Turkish

Course Policies and Rules

Students must join at least 70% of the courses which is equal to minimum 10 weeks of lesson.

Contact Details for the Lecturer(s)

Room Number 432, Dokuz Eylul University, Faculty of Economics and Administrative Sciences, Campus of Dokuzcesmeler

Office Hours

Thursdays, 10:00 - 11:00

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes