Financial Economics (ECON426) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Financial Economics ECON426 3 0 0 3 6
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Brain Storming.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Doğan Cansızlar
Course Assistants
Course Objectives The objective of this course is to become familiar with the basic financial economic concepts.
Course Learning Outcomes The students who succeeded in this course;
  • to be able to explain the role and function of financial instruments
  • to be able to give examples to financial instruments
  • to be able to describe the relationship between the real economy and financial markets
Course Content Functions and structure of the financial system, financial instruments, the risk management and control, issues in corporate finance and capital budgeting, the real economy and the financial markets: macroeconomic activity and financial markets; monetary policy and financial markets; banking sector and the financial markets.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 An Overview of the Financial System. What Is Money? Mishkins, pp.44-94
2 Understanding Interest Rates Mishkins, pp.108-130
3 Stock Market, Theory of Rational Expectations, Efficient Markets Hypothesis Mishkin, pp.183-203
4 An Economic Analysis of Financial Structure Mishkins, pp.204-227
5 Financial Crises I Mishkins, pp.227-244
6 Financial Crises II Mishkins, pp.244-264
7 Banking and the Management of Financial Institutions Mishkins, pp.265-294
8 Midterm Exam
9 Economic Analysis of Financial Regulation Mishkins, pp.294-320
10 Banking Industry: Structure and Competition Mishkins, pp.321-350
11 Nonbank Finance Ders Notları
12 Central Banks and the Federal Reserve System Mishkins, pp.354-379
13 The Foreign Exchange Market Mishkins, pp.476-500
14 The International Financial System Mishkins, pp.500-534
15 General Review
16 Final Exam


Course Book 1. “The Economics of Money, Banking and Financial Markets”, FredericS. Mishkins, Pearson, 2013

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 60
Toplam 2 100
Percentage of Semester Work 40
Percentage of Final Work 60
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 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics
2 Acquiring the skills of macro level economic analysis
3 Acquiring the skills of micro level economic analysis
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level
5 Learning different approaches on economic and related issues
6 Acquiring the quantitative and/or qualitative techniques in economic analysis
7 Improving the ability to use the modern software, hardware and/or technological devices
8 Developing intra-disciplinary and inter-disciplinary team work skills
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning
10 Adopting work ethic and social responsibility
11 Developing the skills of communication.
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 14 7 98
Presentation/Seminar Prepration
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury
Total Workload 146