ECTS - Financial Economics
Financial Economics (ECON512) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Financial Economics | ECON512 | General Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Elective Courses |
| Course Level | Social Sciences Master's Degree |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | The goal of the course is to let the student comprehend the main principles and institurions of the financial markets. AMong the topics to be covered are: the mechanism and working principles of the financial system, financial tools, and valuation (stocks, bond, forward, futures, options) time value of money, risk managemnet,financing alternative,s capital budgeting, international finance, economic crises, real economy, macroeconomic activities, monetary policy, banking sector relations, modern portfolio management. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Functions and structure of the financial system, the role and function of financial instruments, the elementary valuation of financial instruments, primarily stocks, bonds, futures, and options, the role of risk and how markets manage and control risk, issues in corporate finance and capital budgeting, issues in international finance and the inter |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Financial Economics and Financial Markets (Money and Capital markets) | 1-12 |
| 2 | Stocks- Pricing of bonds-Efficient markets hypothesis | 13-45 |
| 3 | Time value of money (interest rate) | 47-100 |
| 4 | Cost of Capital | 101-114 |
| 5 | BAnking System and Money Creation Process of the Banks | 115-136 |
| 6 | Banking: Loans, Deposits, Management and Performance Evaluation | 137-195 |
| 7 | The Central Bank and Monetary Policy-REserves | 196-260 |
| 8 | Midterm exam | |
| 9 | Foreign Exchange Markets, Foreign exchange rate | 267-300 |
| 10 | Exchange Rate regimes, and the Turkish case | 300-371 |
| 11 | Foreign Trade and Foreign Exchange Rate Relationship | 372-401 |
| 12 | Imposibble Trinity | 402-412 |
| 13 | Risk and Risk Management ( Forward, Futures, Opsiyon, Swap ) | 413-439 |
| 14 | Financing Sources_ Economic Crisis | 440-469 |
| 15 | Modern Portfolio Management | 470-500 |
| 16 | Final Exam |
Sources
| Course Book | 1. The Economics of Money, Banking and Financial Markets”, Frederic S.Mishkins, Pearson, 2013 |
|---|---|
| Other Sources | 2. Ders Notları |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | - | - |
| Presentation | 1 | 10 |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 30 |
| Final Exam/Final Jury | 1 | 55 |
| Toplam | 4 | 100 |
| Percentage of Semester Work | 45 |
|---|---|
| Percentage of Final Work | 55 |
| Total | 100 |
Course Category
| Core Courses | |
|---|---|
| Major Area Courses | X |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | To compare main microeconomic theories, approaches and make a critical evaluation of each | X | ||||
| 2 | To compare main macroeconomic theories, approaches and make a critical evaluation of each | X | ||||
| 3 | To apply mathematical modeling | X | ||||
| 4 | To employ statistical and econometric tools in analyzing an economic phenomena | X | ||||
| 5 | To analyze the main economic indicators and comment on them | X | ||||
| 6 | To acquire theoretical knowledge through literature survey and derive empirically confirmable hypothesis | |||||
| 7 | To make a research design and carry it out within predetermined time frames | X | ||||
| 8 | To be able to develop new approaches for complex problems in applied economics and/or apply statistical/econometric tools to new areas/problems | X | ||||
| 9 | To formulate and present policy recommendations based on academic research | X | ||||
| 10 | To combine economic knowledge with other disciplines in order to solve problems requiring scientific expertise | X | ||||
| 11 | To use information technology effectively | X | ||||
| 12 | To continue learning and undertake advanced research independently | X | ||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 4 | 64 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 2 | 2 |
| Prepration of Final Exams/Final Jury | 1 | 3 | 3 |
| Total Workload | 117 | ||