COURSE UNIT TITLE

: FINANCIAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
FIB 5115 FINANCIAL ECONOMICS ELECTIVE 3 0 0 6

Offered By

Financial Economics and Banking

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ÜZEYIR AYDIN

Offered to

Financial Economics and Banking

Course Objective

The aim of this course is to provide using and applying financial tools related to the financial and capital structure of economic agents within the scope of economic theory.

Learning Outcomes of the Course Unit

1   To be able to understand relations between financial variables scope of the economy schools.
2   To be able to analyze the economic conjuncture depending on the financial and capital structure of economic decision makers.
3   To be able to learn the formation of interest rates, interaction mechanism in financial markets and pricing of financial instruments.
4   To be able to learn interest rate s usage for the analysis of economic conjuncture in the next period.
5   To be able to learn interest rate s usage for pricing financial instruments and yields.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The relationship Financial Economics with the other theories as an new discipline.
2 Microeconomic and Macroeconomic approach in Financial Economics. Methods, Approaches differences with the other techniques. What is the purpose of Financial Engineering The relationship between mathematics and financial economics
3 Basic Concepts of Financial Economics, the financial sector and financial services, financial markets and the relationships between them.
4 Determination Theory of Money and interest rates, Portfolio Analysis, Capital Assets Pricing Model.
5 Analysis of the financial and capital structure of the economic actors
6 Macro-Financial Risk Analysis: The analysis of asset prices and asset-liability in Macro-economic perspective.
7 Macro-financial approaches to the dynamics of external debt and internal debt. Analysis of balance sheets of economic decision makers.
8 Budget Balance, domestic debt and the balance sheet structure analysis (Mid-term Exam will be held in this week out of the course hour)
9 External Debt Dynamics, external debt sustainability, external deficit financing (in terms of the openness of the economy financially and the liquidity constraint)
10 Corporate Sector: Balance sheet structure, asset liability balance, the results of micro and macro economic perspective.
11 Household: Public Indebtedness, financial price movements and their impact on the household balance sheet, the total consumption expenditure
12 Balance of payments, external deficits impact on asset liability structure the impact on the balance sheet structure and exchange rate.
13 The relationship between Analytical Balance Sheet of the Central Bank and the balance of payments, the relations between the financial system's balance sheet and central banks balance sheet.
14 Crisis and dynamics of crisis, restructuring in financial markets after the financial crisis.

Recomended or Required Reading

Stephen F. LeRoy Jan Werner , Principles of Financial Economics , Cambridge University Press, 2001
Yvan Lengwiler, Microfoundations of Financial Economics: An Introduction to General Equilibrium Asset Pricing (Princeton Series in Finance), Princeton University Press (1. Ve 6 . bölümler)
R. E. Bailey, The Economics of Financial Markets , Cambriedge University Pres, 2005.
George M. Frankfurter, Theory and Reality in Financial Economics: Essays Toward a New Political Finance , World Scientific Publishing Company
Chris Jones, Financial Economics, Routledge, 2008.
Nelson C. Mark International Macroeconomics andFinance: Theory and Empirical Methods, Blackwell Publishers 2000

Planned Learning Activities and Teaching Methods

Theoretical approaches is applied in order to teach connection of economic processes with real life.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.20 + STT * 0.30 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.30 + RST* 0.50


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

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

uzeyir.aydin@deu.edu.tr
4204180 (10616)

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 13 2 26
Preparation for midterm exam 1 15 15
Preparation for final exam 1 20 20
Preparing assignments 1 25 25
Reading 1 15 15
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 149

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.155555
LO.2554
LO.354
LO.44
LO.55555555

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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