Graduate Education Institute · International Finance and Participation Banking · Master
Course Objective
The aim of this course is to provide students with advanced knowledge of economics and finance theories. It is to contribute to the students' ability to apply and interpret theories in order to produce original studies in the field of economics and finance.
Course Content
This course begins with the basic concepts of economics, market economy, supply, demand and price formation, consumption theory, production and cost structure, market types and structures, factor markets and income distribution. It continues with the general view of the world economy and national income accounts. Then the goods market, financial market, nominal and real exchange rate, consumption and investment policy instruments are discussed in detail. The closed economy version continues with IS / LM analysis under fixed price assumption, AD / AS analysis under variable price assumption, labor market and Phillips Curve. It ends with theories of interest, monetary policies, money and inflation, rational expectations theories, and exchange rate regimes.
Course Learning Outcomes
- Identify the mechanism of market economies
- Explaining the supply, demand and price mechanism
- Interpreting and analyzing the market structures
- Understanding the national income determination methods
- Explaining the general equilibrium of the economy with the ISLM and ISLMPC models.
- Explaining the impact of expectations on production, consumption and investment
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 | 3 | 48 |
| Midterm | 1 | 10 | 10 |
| Quiz | 0 | 0 | 0 |
| Assignment | 1 | 10 | 10 |
| Practice | 1 | 10 | 10 |
| Final | 1 | 15 | 15 |
Course Schedule
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