Faculty of Business and Management Sciences · International Trade and Finance · Undergraduate
Course Objective
This course aims to provide a comprehensive knowledge and detailed understanding about financial economics. Main objectives of the course are to help students to manage financial resources and to improve their employability in the job market.
Course Content
In this course we will study and evaluate the following topics:
- Financial systems; the meaning and the behaviour of interest rates; the risk and term of structure of interest rates; the stock market; the bond market; an economic analysis of financial structure; financial crises in advanced and emerging economies; the foreign exchange market and the international financial system.
Required Resources
Zvi Bodie, Robert C. Merton ve David L. Cleeton, Financial Economics, Prentice Hall, 2009.
Stephen F. LeRoy ve Jan Werner, Principles of Financial Economics, Cambridge University Press, 2001.
Aysel Gündoğdu (Ed.), Fundamental Theories of Finance, Beta Publishing, Istanbul, 2018.
Recommended Resources
Frederic S. Mishkin, The Economics of Money, Banking, and Financial Markets, Pearson, 2015.
Course Learning Outcomes
- Understanding foreign exchange markets and international financial system
- Understanding the Islamic Finance
- Understand the conceptual framework of financial economics
- Understand the financial theories
- Understand financial markets and financial institutions
- Understand financial crises in developed and developing countries.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 4 | 64 |
| Midterm | 1 | 1 | 1 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 1 | 1 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction | Introduction |
| 2 | Financial Markets | Financial Markets |
| 3 | Financial Markets 2 | Financial Markets 2 |
| 4 | Financial Assets | Financial Assets |
| 5 | Bonds | Bonds |
| 6 | Exchange Market | Exchange Market |
| 7 | Money market and interest rate | Money market and interest rate |
| 8 | Midterm | Midterm |
| 9 | Derivatives Market | Derivatives Market |
| 10 | Derivatives Market 2 | Derivatives Market 2 |
| 11 | The Role of Financial Intermediaries | The Role of Financial Intermediaries |
| 12 | Central Banks | Central Banks |
| 13 | Portfolio Theory | Portfolio Theory |
| 14 | Risk and return | Risk and return |
| 15 | Financial Crisis | Financial Crisis |
| 16 | Final | Final |