| Course Type | Elective Course |
| Course Level | Bachelor's Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Perform percentage, cost, and profit calculations.
- Explain why money has a time value.
- Analyze the relationship between nominal interest, real interest, effective interest, risk, and inflation.
- Perform simple interest and simple discount calculations.
- Perform compound interest and compound discount calculations.
- Conduct calculations related to installment payments.
- Create debt repayment schedules.
- Calculate gross and net costs in credit transactions.
- Identify the characteristics of different types of financing and compare their advantages and disadvantages.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | None |
| Course Description | The objective of this course is to understand the financial applications of mathematics and gain knowledge about its real-life applications. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Percentage, cost and profit calculations, ratio and proportion |
|
2nd Week |
Simple interest and simple discount |
|
3rd Week |
Simple interest and simple discount |
|
4th Week |
Compound interest and compound discount |
|
5th Week |
Compound interest and compound discount |
|
6th Week |
Future value in annuities |
|
7th Week |
Present value in annuities |
|
8th Week |
Midterm exam |
|
9th Week |
Debt payments |
|
10th Week |
Debt payments |
|
11th Week |
Bond valuation |
|
12th Week |
Bond valuation |
|
13th Week |
Stock valuation |
|
14th Week |
Stock valuation |
|
| Recommended or Required Reading | Aydın, N. (2021). Finans matematiği (4th ed.). Ankara: Detay Yayıncılık.
Aksoy, E. E. (2017). Finans matematiği. Ankara: Gazi Kitabevi. |
| Planned Learning Activities and Teaching Methods |
- Lecture
- Questions/Answers
- Problem Solving
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Total(%) |
|
40 |
| Contribution of In-term Studies to Overall Grade(%) |
|
40 |
| Contribution of Final Examination to Overall Grade(%) |
|
60 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
40 |
40 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |