FACULTY OF BUSINESS

Department of Economics

ECON 430 | Course Introduction and Application Information

Course Name
Social and Economic Networks
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ECON 430
Fall/Spring
3
0
3
6

Prerequisites
  ECON 101 To succeed (To get a grade of at least DD)
or ECON 102 To succeed (To get a grade of at least DD)
or GEEC 203 To succeed (To get a grade of at least DD)
or ECON 100 To succeed (To get a grade of at least DD)
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course -
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives This course focuses on the analysis of social and economic networks. One of the sub aims of the course is to make students learn structural characteristics of networks based on simulations and derived from real world examples. Another aim is to let students to understand the dynamics of networks and study the interaction of individual agents’ behavior and emergent macro outcomes.
Learning Outcomes The students who succeeded in this course;
  • The students who succeeded in this course will be able to;
  • Explore various social and economic networks and edit the raw data into a network database
  • Understand how typical/generic networks can form
  • Calculate adequate network measures essential for comparative analysis of networks
  • Examine which factors can influence the stability and robustness of networks
  • Analyze the interaction between the individual behavior on the networks and the macro outcomes
Course Description The subjects of the course are the social and economic networks that permeate our social lives. Materials to be covered in the course include firm ownership networks and job search networks as well as friendship networks. Networks measures such as centrality, density and average distance will be discussed. Random link formation and strategic link formation will be examined. The spread of information, epidemics or opinions on the networks will be studied. In the course students will use network analysis software packages such as PAJEK, Dephi and igraph.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 ıntroduction: Network examples SEN, chapter 1
2 Network types and network measures SEN, chapter 2
3 Significance of social and economic networks NCM, chapter 1
4 Random Network dynamics SEN, chpater 3
5 Strategic Network Formation SEN, chapter 4
6 Cliques and communities NCM, chapter 3
7 Small Worlds, Preferential Attachment SEN, chapter 5
8 Midterm
9 Diffusion on networks SEN, chapter 6
10 Learning on networks SEN, chapter 7
11 Collective action on networks SEN, chapter 8
12 Games on networks SEN, chapter 9
13 Games on networks SEN, chapter 9
14 Review of the Semester  
15 Individual behavior and macro outcomes SEN, chapter 10
16 Cool Network Applications

 

Course Notes/Textbooks Social and Economic Networks, 2008, Matthew O. Jackson, Princeton University Press. (SEN)
Suggested Readings/Materials Networks, Crowds, and Markets: Reasoning about a Highly Connected World. By David Easley and Jon Kleinberg. Cambridge University Press, 2010. Complete preprint on-line at http://www.cs.cornell.edu/home/kleinber/networks-book/, (NCM)

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
4
40
Presentation / Jury
Project
1
25
Seminar / Workshop
Oral Exams
Midterm
Final Exam
1
35
Total

Weighting of Semester Activities on the Final Grade
5
65
Weighting of End-of-Semester Activities on the Final Grade
1
35
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
2
32
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
1
16
Study Hours Out of Class
16
3
48
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
4
8
32
Presentation / Jury
0
Project
1
20
20
Seminar / Workshop
0
Oral Exam
0
Midterms
0
Final Exam
1
30
30
    Total
178

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to acquire a sound knowledge of fundamental concepts, theories, principles and methods of investigation specific to the economic field.

X
2

To be able to apply adequate mathematical, econometric, statistical and data analysis models to process economic data and to implement scientific research for development of economic policies.

X
3

To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.

X
4

To be able to have adequate social responsibility with regards to the needs of the society and to organize the activities to influence social dynamics in line with social goals.

5

To be able to integrate the knowledge and training acquired during the university education with personal education and produce a synthesis of knowledge one requires.

X
6

To be able to evaluate his/her advance level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.

X
7

To be able to acquire necessary skills to integrate social dynamics into economic process both as an input and an output.

X
8

To be able to link accumulated knowledge acquired during the university education with historical and cultural qualities of the society and be able to convey it to different strata of society.

X
9

To be able to take the responsibility as an individual and as a team member.

10

To be able to attain social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.

X
11

To be able to collect data in economics and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1)

12

To be able to speak a second foreign at a medium level of fluency efficiently.

13

To be able to relate the knowledge accumulated throughout human history to their field of economics.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


NEWS |ALL NEWS

Izmir University of Economics
is an establishment of
izto logo
Izmir Chamber of Commerce Health and Education Foundation.
ieu logo

Sakarya Street No:156
35330 Balçova - İzmir / Turkey

kampus izmir

Follow Us

İEU © All rights reserved.