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 | Free Elective |
| 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 | |
| Supportive Courses | X |
| 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 | 1. To be able to combine and use the knowledge of their own undergraduate program area with the knowledge of business administration. | |||||
| 2 | 2. To have information about the structure and functioning of the financial system and each financial institution. | |||||
| 3 | 3. To have information about regulations and legislation related to financial institutions | |||||
| 4 | 4. To be able to see the risks that different financial institutions are exposed to and gain the ability to produce basic solutions. | |||||
| 5 | 5. To have knowledge about basic investment strategies. | |||||
| 6 | 6. Having knowledge about research methods and techniques and being able to use them. | |||||
| 7 | 7. To have information about the institutional characteristics of emerging and developed markets and investment strategies for bonds, stocks and derivatives in these markets. | |||||
| 8 | 8. To have the ability to reach scientific knowledge in the field of business, to monitor, evaluate and apply the current literature | |||||
| 9 | 9. To be able to transfer information about the business area by using effective verbal, written and visual communication methods. | |||||
| 10 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | |||||
| 11 | 10. To be aware of professional ethics, environmental awareness, sustainability, social responsibility, cultural, social and universal values | |||||
| 12 | 11. To be able to work effectively with different disciplines or multicultural teams, to take responsibility, to make risk analysis, to keep up with change, to think critically and to use initiative in problem solving. | |||||
| 13 | 12. To have the ability to present a research problem, to develop hypotheses, to design research and to reach a conclusion by using qualitative/quantitative methods, by making the necessary literature review, and to have the ability to publish an academic publication as a result. | |||||
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 | ||