Information Package

Master's of Insurance and Risk Management with Thesis

IRM509

DEMOGRAPHY MATHEMATICS

Course Code
IRM509
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree With Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Find data sources and errors
  2. Measure deaths and fertilities
  3. Construct life tables
  4. Combine demographic projections with actuary
  5. Explain demography characteristics in Turkey
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThe aim of this course is to understand and practice the demographic methods in insurance and risk management area.
Course Contents
WEEK TOPICS
1st Week Data sources and errors
2nd Week Measurements of death and fertility
3rd Week Life tables
4th Week Consistent and stable populations
5th Week Population projections
6th Week Population projections
7th Week Population projections
8th Week Midterm
9th Week Actuarial applications
10th Week Actuarial applications
11th Week Population characteristics in Turkey
12th Week Population characteristics in Turkey
13th Week Graphical applications
14th Week Valuation
Recommended or Required ReadingDemographic Methods, Hinde A., Arnold, London,1998.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Project
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 35
Project 1 25
Total(%) 60
Contribution of In-term Studies to Overall Grade(%) 60
Contribution of Final Examination to Overall Grade(%) 40
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 3 3
Preparation for Quiz
Individual or group work 14 10 140
Preparation for Final exam 1 45 45
Course hours 14 3 42
Preparation for Midterm exam 1 30 30
Laboratory (including preparation)
Final exam 1 3 3
Homework 1 40 40
Total Work Load303
Total Work Load / 30 (h)10.1
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1
K2 X X X
K3 X X
K4 X
K5
K6
K7
K8 X
K9
K10 X