TOROS ÜNİVERSİTESİ
Bilgi Paketi Ders Kataloğu

Course Information

FINANCIAL ECONOMICS
Code	Semester	Theoretical	Practice	National Credit	ECTS Credit
		Hour / Week
ECO443	Fall	3	0	3	5

Prerequisites and co-requisites	None
Language of instruction	English
Type	Elective
Level of Course	Bachelor's
Lecturer	Asst. Prof. Dr. Gökçe MANAVGAT
Mode of Delivery	Face to Face
Suggested Subject	None
Professional practise ( internship )	None
Objectives of the Course	The main objective of this course is to understand the relationship between macroeconomic and financial decisions in the market. In particular, to understand the structure and system of financial markets are the main outcomes of the course. This course explores economic issues regarding the financial markets and their participants. In this context, the course will focus on financial institutions and central banking, financial markets and interest rates, foreign exchange markets and derivative products, portfolio theory and securities valuation.
Contents of the Course	financial market, structure of financial markets, financial instruments, central bank and market instruments, money market, financial system, bond and many market, interest rate, risk and valuation.

Learning Outcomes of Course

#	Learning Outcomes
1	Students will be able to define basic financial and economic terms
2	Student will be able to practice financial economics in real life examples
3	Student will be able to evaluate different financial investments
4	Students will be able to interpret the behavior of decision-makers in financial markets

Course Syllabus

#	Subjects	Teaching Methods and Technics
1	Why Study Financial Market: The Bond Market and Interest Rates, The Stock Market, The Foreign Exchange Market, Why Study Banking and Financial Institutions?	Lecture
2	Why Study Financial Market: The Bond Market and Interest Rates, The Stock Market, The Foreign Exchange Market, Why Study Banking and Financial Institutions?	Lecture
3	Function of Financial Markets, Structure of Financial Markets, Internationalization of Financial Markets, Function of Financial Intermediaries	Lecture
4	Function of Financial Markets, Structure of Financial Markets, Internationalization of Financial Markets, Function of Financial Intermediaries	Lecture
5	Meaning of Money, Functions of Money, Evolution of the Payments System, Regulation of the Financial System	Lecture
6	Financial Markets, Measuring Interest Rates, Present Value, Four Types of Credit Market Instruments, The Distinction Between Interest Rates and Returns	Lecture
7	Financial Markets, Measuring Interest Rates, Present Value, Four Types of Credit Market Instruments, The Distinction Between Interest Rates and Returns	Lecture
8	Midterm Exam
9	Determinants of Asset Demand, Supply and Demand in the Bond Market, Changes in Equilibrium Interest Rates, Supply and Demand in the Market for Money: The Liquidity	Lecture
10	Determinants of Asset Demand, Supply and Demand in the Bond Market, Changes in Equilibrium Interest Rates, Supply and Demand in the Market for Money: The Liquidity	Lecture
11	Risk Structure of Interest Rates, Yield Curves, Expectations Theory, Liquidity Premium and Preferred Habitat Theories	Lecture
12	Risk Structure of Interest Rates, Yield Curves, Expectations Theory, Liquidity Premium and Preferred Habitat Theories	Lecture
13	Banking and The Management of Financial Institutions, The Bank Balance Sheet, Managing Credit Risk, General Principles of Bank Management	Lecture
14	Banking and The Management of Financial Institutions, The Bank Balance Sheet, Managing Credit Risk, General Principles of Bank Management	Lecture
15	Overview of lecture	Lecture
16	Final Exam

Course Syllabus

#	Material / Resources	Information About Resources	Reference / Recommended Resources
1	Frederic Mishkin, Economics of Money Banking and Financial Markets, Pearson Addison Wesley 7th Edition (2004)
2	Frederic S. Mishkin And Stanley G. Eakin, Financial Markets and Institutions, Pearson International Edition 6th Edition
3	Fatih Öztay, Parasal İktisat: Teori ve Politika, Efil Yayınevi, 4. Baskı (Supplement)

Method of Assessment

#	Weight	Work Type	Work Title
1	40%	Mid-Term Exam	Mid-Term Exam
2	60%	Final Exam	Final Exam

Relationship between Learning Outcomes of Course and Program Outcomes

#	Learning Outcomes	Program Outcomes	Method of Assessment
1	Students will be able to define basic financial and economic terms	1	1͵2
2	Student will be able to practice financial economics in real life examples	4	1͵2
3	Student will be able to evaluate different financial investments	9	1͵2
4	Students will be able to interpret the behavior of decision-makers in financial markets	12	1͵2

PS. The numbers, which are shown in the column Method of Assessment, presents the methods shown in the previous table, titled as Method of Assessment.

Work Load Details

#	Type of Work	Quantity	Time (Hour)	Work Load
1	Course Duration	14	3	42
2	Course Duration Except Class (Preliminary Study, Enhancement)	14	3	42
3	Presentation and Seminar Preparation	0	0	0
4	Web Research, Library and Archival Work	0	0	0
5	Document/Information Listing	0	0	0
6	Workshop	0	0	0
7	Preparation for Midterm Exam	1	20	20
8	Midterm Exam	1	1	1
9	Quiz	0	0	0
10	Homework	1	9	9
11	Midterm Project	0	0	0
12	Midterm Exercise	0	0	0
13	Final Project	1	10	10
14	Final Exercise	0	0	0
15	Preparation for Final Exam	1	25	25
16	Final Exam	1	1	1
				150