COURSE UNIT TITLE

: FINANCIAL ECONOMICS I

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
EFE 7005 FINANCIAL ECONOMICS I COMPULSORY 3 0 0 7

Offered By

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Course Objective

This course aims at providing a broad understanding of financial markets where borrowers, lenders, savers, and investors trade risks and returns.

Learning Outcomes of the Course Unit

1   . Identify the basic concepts in finance such as interest rate, risk structure and term structure of interest rates, rates of return, financial market efficiency, asymmetric information, lemons problem and moral hazard by lectures and discussions,
2   Demonstrate the understanding of portfolio allocation decision by using real life portfolio decision examples
3   Acquire basic knowledge about the financial markets, institutions and instruments by lectures.
4   Relate the financial system with the whole economy by following the news in the media.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introducing Money and the Financial System
2 Money and the Payments System
3 Overview of the Financial System
4 Interest Rates and Rates of Return
5 The Theory of Portfolio Allocation
6 Determining Market Interest Rates
7 Midterm
8 Derivative Securities and Derivative Markets
9 Information and Financial Market Efficiency
10 Reducing Transactions Costs and Information Costs
11 What Financial Institutions Do
12 The Business of Banking
13 The Banking Industry
14 Final Exam

Recomended or Required Reading

1. R. Glenn Hubbard and Anthony Patrick O'Brien `Money, Banking and the Financial System (2011)
2. Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Assignments

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 * 0.40 + STT * 0.20 + FIN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + STT * 0.20 + RST * 0.40


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

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic concepts related to finance.
2. The learner will compare different financial insturements and institutions.
3. The learner will demonstrate understanding of portfolio allocation decisions of different investors.
4. Connect real life financial developments with the theoretical framework by following news in the media.

Language of Instruction

English

Course Policies and Rules

1. It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

saadet.kasman@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 12 1 12
Preparations before/after weekly lectures 12 1 12
Preparation for midterm exam 1 30 30
Preparation for final exam 1 40 40
Preparing assignments 5 6 30
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 164

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.154
LO.235
LO.3545
LO.4534