# GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
RISK ANALYSIS/İST3023
 Course Title: RISK ANALYSIS Credits 3 ECTS 4 Course Semester 5 Type of The Course Elective
COURSE INFORMATION
-- (CATALOG CONTENT)
-- (TEXTBOOK)
-- (SUPPLEMENTARY TEXTBOOK)
-- (PREREQUISITES AND CO-REQUISITES)
-- LANGUAGE OF INSTRUCTION
Turkish
-- COURSE OBJECTIVES
-- COURSE LEARNING OUTCOMES
The concept of definition of risk, its properties in the general insurance problems.
The concept of claim frequency, claim size in the general insurance problems.
The ability of using some statistical features, statistical distributions in the general insurance problems.
To compute some probabilities, to construct hypothesis testing about claim number, claim size.
To compute the risk premium, claim frequency rate in the general insurance problems
To gain the ability of making use of some statistical techniques in general insurance problems

-- MODE OF DELIVERY
The mode of delivery of this course is Face to face
 --WEEKLY SCHEDULE 1. Week Definition of risk, its properties 2. Week General insurance problems and random variables used in general insurance 3. Week Definition of claim frequency, claim size 4. Week The expected value and variance of claim frequency,and of claim size 5. Week Conditional distribution, conditional expected value, conditional variance 6. Week Statistical distributions useful in general insurance: Normal, log-normal distribution 7. Week Pareto distribution, gamma distribution 8. Week Poisson distribution, binomial distribution, Midterm 9. Week Negative binomial distribution, heterogeneity of risk 10. Week Hypothesis testing about claim number, claim size 11. Week Point estimation, confidence intervals 12. Week Risk factors, additive, multiplicative models 13. Week Risk premium, claim frequency rate 14. Week Claim size, premium calculation 15. Week Final exam 16. Week --
-- TEACHING and LEARNING METHODS
-- ASSESSMENT CRITERIA
 Quantity Total Weighting (%) Midterm Exams 1 40 Assignment 2 10 Application 0 0 Projects 0 0 Practice 0 0 Quiz 0 0 Percent of In-term Studies 50 Percentage of Final Exam to Total Score 50