Academic Catalog

BA5506 QUANTITATIVE METHODS IN FIN.AND ACCTG

Course Code: 3125506
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Business Administration
Language of Instruction: English
Level of Study: Graduate
Course Coordinator:
Offered Semester: Fall or Spring Semesters.

Course Content

This course will cover application of select mathematical tools in business and economics. Among these topics are equilibrium analysis, sets, functions, matrices and determinants, sequences, limits, cobweb model, rate of change, exponential function, continuous compounding, introduction to optimization, derivatives, partial derivatives, chain rule, integration, martingales, Brownian motion, Markov processes. The aim is to introduce how mathematical tools are applied in economics and business, especially in finance.