COURSE UNIT TITLE

: FINANCIAL SYSTEM AND ENVIRONMENT

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
UFN 2003 FINANCIAL SYSTEM AND ENVIRONMENT COMPULSORY 3 0 0 6

Offered By

Business Administration (English) (UOLP-New York State University (Suny Albany))

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR PINAR EVRIM MANDACI

Offered to

Business Administration (English) (UOLP-New York State University (Suny Albany))

Course Objective

The aim of the course is to provide students with an understanding of the impact of the financial environment on businesses. The course aims to help students make the right decisions in businesses using economic and financial parameters.

Learning Outcomes of the Course Unit

1   Identify the components of the financial system in order to understand the interrelationships among them. (Level 1).
2   Explain the payment system pointing out the types and functions of money. (Level 2)
3   Recognize the factors that influence interest rates in order to illustrate interest rate behavior and determination. (Level 2).
4   llustrate the functioning of the financial institutions and markets in order to describe the financial environment. (Level 2).
5   Identify the structure and functioning of central banks in order to understand the policy implications of the Turkish Central Bank through a group study. (Level 2).
6   Interpret the monetary and fiscal policy tools in order to employ economic and financial indicators in decision making (Level 2).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 1. AN OVERVIEW OF THE FINANCIAL ENVIRONMENT
2 2. MONEY AND THE PAYMENTS SYSTEM
3 3. FINANCIAL INSTITUTIONS AND MARKETS
4 4. THE RISK STRUCTURE OF INTEREST RATES
5 5. THE TERM STRUCTURE OF INTEREST RATES
6 6. BANKING INDUSTRY AND PRINCIPLES OF BANKING
7 7. STRUCTURE OF CENTRAL BANKS
8 8. FUNCTIONING OF CENTRAL BANKS
9 9. TOOLS OF MONETARY POLICY
10 10. TOOLS OF FISCAL POLICY
11 11. USING FINANCIAL INDICATORS IN FIRM MANAGEMENT
12 12. CURRENT AND EMERGING TRENDS IN MONEY MARKETS
13 13. ISLM MODEL
14 14. MONEY AND INFLATION

Recomended or Required Reading

MISHKIN F.S. (2021) The Economics of Money, Banking and Financial Markets, 13th Edition, Pearson-Addison Wesley, Boston

Planned Learning Activities and Teaching Methods

1. Lectures
2. Discussions
3. Problem Solving

Assessment Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define money and the payments system.
2. The learner will explain the behavior of interest rates.
3. The learner will identify banking industry and principles of banking.
4. The learner will define the structure of central banks.
5. The learner will explain the money supply process.
6. The learner will recognize the tools of monetary policy.
7. The learner will explain the demand for money.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of the lectures is mandatory.
2. Violations of plagiarism of any kind will result in a disciplinary action

Contact Details for the Lecturer(s)

habil.gokmen@deu.edu.tr

Office Hours

By appointment

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 20 20
Preparation for final exam 1 20 20
Preparation for quiz etc. 1 20 20
Final 1 1 1
Midterm 1 1 1
TOTAL WORKLOAD (hours) 146

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.134543533343
LO.234543533343
LO.335443
LO.434543533343
LO.534543533343
LO.634543533343