Information Package
baskent.edu.tr

Program of Insurance and Risk Management

SİGO354

LIFE TABLES AND MODELS

Course Code
SİGO354
Semester
Sixth Term (Spring)
Theory+Practice
3 + 0
ECTS
4
Course TypeCompulsory Course
Course LevelBachelor's Degree
Year of Study3
SemesterSixth Term (Spring)
ECTS4
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Gain proficiency in the concept of demography and basic demographic definitions.
  2. Explain demographic events and formulations, and apply them.
  3. Construct and apply life models for demographic analysis.
  4. Perceive and apply parametric and non-parametric life models.
  5. Define life tables and explains their applications in insurance.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers basic demographic definitions, the concept of demography, demographic events and their formulations, life models, parametric and non-parametric life models, life tables, and their applications in the insurance sector.
Course Contents
WEEK TOPICS
1st Week Key demographic definitions and their importance in demographic studies
2nd Week Key demographic definitions and their importance in demographic studies
3rd Week The concept of demography
4th Week The concept of demography
5th Week Demographic events and their formulations
6th Week Demographic events and their formulations
7th Week Survival models
8th Week Midterm exam
9th Week Survival models
10th Week Parametric and non-parametric survival models
11th Week Parametric and non-parametric survival models
12th Week Life tables and their use in insurance sector
13th Week Life tables and their use in insurance sector
14th Week General review
Recommended or Required ReadingShryock, H. S., & Siegel, J. S. (1982). Methods and materials of demography. Academic Press.

Baralay, W. G. (1958). Techniques of population analysis. Longman Press.

Coale, A. J., & Demeny, P. (2013). Regional model life tables and stable populations (2nd ed.). Elsevier Science & Technology Books.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Project 1 25
Total(%) 55
Contribution of In-term Studies to Overall Grade(%) 55
Contribution of Final Examination to Overall Grade(%) 45
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 2 28
Preparation for Final exam 1 30 30
Course hours 13 3 39
Preparation for Midterm exam 1 15 15
Laboratory (including preparation)
Final exam 1 1 1
Homework
Project 1 30 30
Total Work Load144
Total Work Load / 30 (h)4.8
ECTS Credit of the Course4
Language of InstructionTurkish
Work Placement(s)No

Programme Qualifications / Learning Outcomes

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