Financial Economics (ECON512) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Financial Economics ECON512 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type N/A
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Doğan Cansızlar
Course Assistants
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;
  • By the end of the course, the student will be able to follow the financial markets (money and capital markets) and comment on them
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
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
8 To be able to develop new approaches for complex problems in applied economics and/or apply statistical/econometric tools to new areas/problems
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