| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
| Course Code | ECON 402 | ||||
| Course Title in English | Financial Economics | ||||
| Course Title in Turkish | Finansal Ekonomi | ||||
| Language of Instruction | EN | ||||
| Type of Course | Lecture | ||||
| Level of Course | Advanced | ||||
| Semester | Spring | ||||
| Contact Hours per Week |
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| Estimated Student Workload | 130 hours per semester | ||||
| Number of Credits | 5 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites |
ECON 204 - Macroeconomic Theory II |
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| Expected Prior Knowledge | Prior knowledge of macroeconomics | ||||
| Co-requisites | None | ||||
| Registration Restrictions | Only undergraduate students | ||||
| Overall Educational Objective | Learn the financial mechanisms and evaluate the values of invesment projects with financial tools | ||||
| Course Description | This course provides a coverage of the principles and practical applications of financial economic theory. It is aimed to present the basic financial ideas through a strong grounding in Financial Economic theory. The theoretical framework analyzes the decisions by individuals and firm managers and also the interplay of these decisions on the prices of financial assets. These foundations are elaborated in various fields of finance - financial management, investment management, risk management, and asset and derivative pricing. | ||||
| Course Description in Turkish | Bu ders, finansal ekonomi teorisinin ilkelerini ve pratik uygulamalarını kapsamaktadır. Finansal iktisat teorisinde güçlü bir temel oluşturarak temel finansal fikirlerin sunulması amaçlanmaktadır. Bu teorik çerçevede, bireylerin ve firma yöneticilerinin kararlarını analiz edilir ve bu kararların finansal varlıkların fiyatları üzerindeki etkileşimi de analiz edilir Bu kapsam bünyesinde, finansal yönetim, yatırım yönetimi, risk yönetimi, varlık ve türev fiyatlandırmanın çeşitli alanları incelenmektedir. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Analyze financial and investment decision using financial theoretical models; 2) Make valuation of assets using asset pricing models; 3) Apply risk management tools to derive risk management strategies; 4) Use software (Excel) to solve complex financial models |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| 1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | ||||
| 2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | ||||
| 3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | ||||
| 4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | ||||
| 5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | ||||
| 6) Internalization and dissemination of professional ethical standards. | ||||
| 7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | ||||
| 8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | ||||
| 9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | ||||
| 10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | ||||
| 11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | ||||
| 12) Ability to acquire knowledge independently, and to plan one’s own learning. | ||||
| 13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
| 2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
| 3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,HW,Participation |
| 4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
| 5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
| 6) | Internalization and dissemination of professional ethical standards. | N | |
| 7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
| 8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
| 9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Participation |
| 10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | HW,Participation |
| 11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
| 12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,HW |
| 13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,HW |
| Prepared by and Date | DİLA ASFUROĞLU , December 2023 |
| Course Coordinator | DİLA ASFUROĞLU |
| Semester | Spring |
| Name of Instructor | Asst. Prof. Dr. DİLA ASFUROĞLU |
| Week | Subject |
| 1) | Financial Decisions |
| 2) | Financial Market Environment |
| 3) | Time Value of Money |
| 4) | Time Value of Money |
| 5) | Excel Exercises |
| 6) | Interest Rates and Bond Valuation |
| 7) | Interest Rates and Bond Valuation |
| 8) | Behavior of Interest Rates |
| 9) | Midterm Exam |
| 10) | Stock Valuation |
| 11) | Stock Valuation |
| 12) | Risk and Return |
| 13) | Risk and Return |
| 14) | Review |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | Principles of Managerial Finance, Zutter Smart The Economics of Money, Banking and Financial Markets, Frederic Mishkin | |||||||||||||||
| Teaching Methods | Flipped classroom | |||||||||||||||
| Homework and Projects | None | |||||||||||||||
| Laboratory Work | Laboratory Excel | |||||||||||||||
| Computer Use | Laboratory Excel | |||||||||||||||
| Other Activities | Prequiz, midterm, final exam | |||||||||||||||
| Assessment Methods |
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| Course Administration |
asfuroglud@mef.edu.tr More detailed information about the course, like office hours, can be found in the course manual. Attendance is not required, but strictly advised. Missing pre-quizzes: No make up Academic Dishonesty and Plagiarism: YOK Regulation |
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| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 14 | 3 | 2 | 1 | 84 | ||
| Homework Assignments | 2 | 8 | 1 | 18 | |||
| Midterm(s) | 1 | 10 | 2 | 12 | |||
| Final Examination | 1 | 14 | 2 | 16 | |||
| Total Workload | 130 | ||||||
| Total Workload/25 | 5.2 | ||||||
| ECTS | 5 | ||||||