COURSE UNIT TITLE

: INTERNATIONAL FINANCIAL MARKETS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IBS 3331 INTERNATIONAL FINANCIAL MARKETS ELECTIVE 3 0 0 5

Offered By

International Business and Trade

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR AFIFE DUYGU AKDENIZ

Offered to

International Business and Trade
International Trade and Business (English)

Course Objective

This course provides a broad understanding of the structure and operation of financial markets and the role of financial institutions in modern financial systems. The course uses the financial press and real world examples to follow the developments in issues such as, global central banking, international financial capital flows, financal crises.

Learning Outcomes of the Course Unit

1   Use basic concepts to understand the role and interactions of bank and non-bank financial institution and central banks in the international financial markets.
2   Describe the structure and role of main central banks to demonstrate the importance of monetary policy issues.
3   Apply their knowledge of the financial system to understand the flow of international financial capital.
4   Discuss the origins and impacts of the global financial crisis to address the policies and reforms.
5   Know the history of the international financial system to follow the the current financial press and forecast the future of international financial markets.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction: Why study financial markets and institutions Overview of the financial system
2 Interest rates: What do interest rates mean What is their role in valuation Why do interest rates change
3 Financial market efficiency
4 Why do financial institutions exist Financial institutions Industry: 1. Banking Industry
5 Financial institutions Industry: 2.The Mutual Funds and hedge funds 3. Insurance Companies and Pension Funds 4. Investment Banks
6 Central Banking: A Global Perspective 1.Structure of Central Banks 2.Federal Reserve System and European Central Bank 3.Central Bank of Republic of Türkiye Central Banking: Conduct of Monetary Policy Monetary Policy tools, goals, strategy
7 Financial (Securities) Markets: 1.The Money Market 2. The Bond Market 3. The Stock Market
8 4. The Mortgage Market 5. The Foreign Exchange Market
9 6. Derivative securities markets (Hedging with Financial Derivatives)
10 Why do financial crisis occur and why are they so damaging to the economy
11 2007-2010 global financial crisis
12 2007-2010 global financial crisis
13 Article reading
14 Article reading

Recomended or Required Reading

1. Mishkin, Frederic and Eakins, Stanley, Financial Markets and Institutions , Seventh Edition, Pearson, 2012.
2. Saunders, Tony and Cornett, M.Millon, Financial Markets and Institutions , Fourth Edition, McGraw-Hill, 2009.

Planned Learning Activities and Teaching Methods

1. Lectures
2. In-class discussions + assignments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 PRT Participation
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 + PRT * 0.20 + FN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 + PRT * 0.20 + RST * 0.50


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will describe multiple dimensions of global financial markets and institutions.
2. The learner will have a deeper understanding of the financial services industry.
3. The learner will define the basics of central banking and conduct of monetary policy.
4. The learner will understand and evaluate the international financial flows.
5. The learner will will become familiar with the 2007-2011 global financial crisis

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

aduygu.ayhan@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 10 10
Preparation for final exam 1 15 15
Preparing assignments 12 1 12
Preparing presentations 1 20 20
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 127

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.1335
LO.244
LO.344
LO.454
LO.555