Information Package / Course Catalogue
| Economics and Finance (YL) (Thesis) | |||||
| Master | Length of the Programme: 2 | Number of Credits: 120 | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF: Level 7 |
ECTS Course Information Package
| School/Faculty/Institute | Graduate School | ||||||
| Course Code | FIN 514 | ||||||
| Course Title in English | Money and Banking | ||||||
| Course Title in Turkish | Para ve Bankacılık | ||||||
| Language of Instruction | TR | ||||||
| Type of Course | Ters-yüz öğrenme | ||||||
| Level of Course | Intermediate | ||||||
| Semester | Spring | ||||||
| Contact Hours per Week |
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| Estimated Student Workload | 128 hours per semester | ||||||
| Number of Credits | 5 ECTS | ||||||
| Grading Mode | Standard Letter Grade | ||||||
| Pre-requisites | None | ||||||
| Co-requisites | None | ||||||
| Expected Prior Knowledge | None | ||||||
| Registration Restrictions | Only masters | ||||||
| Overall Educational Objective | The aim of the course is to introduce students to the basic concepts of monetary economics. | ||||||
| Course Description | Interest of the public in monetary policy, as well as the problems of the financial system increased substantially since the global and local crises. In addition, Turkey has experienced decades of high inflation, financial instability and a banking crisis in 2001, which hampered the potential growth of the economy. The course starts with simple models of interest rate and exchange rate determination and followed by the institutional and policy aspects of monetary economics, central bank independence to exchange rate regimes, monetary policy options. Second part covers banking sector, function of banks, basics of bank financial statements. Third part analyzes the causes and consequences of financial crises in advanced and emerging market economies. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) understand financial markets and the concept of money 2) comprehend the conduct of monetary policy and interest rate determination 3) acquaint yourself with how financial institutions, capital, and FX markets operate 4) Anticipate how international monetary policies and changes in exchange rates may affect domestic monetary policy 5) Summarize the benefits of a credible central bank 6) Understand banking transactions and related risks 7) Identify the causes and consequences of financial crises |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| 1) To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level. | |||||||
| 2) To apply of mathematical concepts to related economic and business problems. | |||||||
| 3) To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.) | |||||||
| 4) To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing. | |||||||
| 5) To understand the relationship between money and banking and to possess knowledge regarding the financial markets. | |||||||
| 6) To use quantitative techniques to increase decision-making capabilities in business environment | |||||||
| 7) To show proficiency in analyzing and interpreting financial tables | |||||||
| 8) To apply the models used in financial decision making in accordance with risk management techniques and legal regulations. | |||||||
| 9) To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems. | |||||||
| 10) To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level. | N | |
| 2) | To apply of mathematical concepts to related economic and business problems. | S | Homework |
| 3) | To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.) | H | Exam,Homework |
| 4) | To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing. | H | Exam,Homework |
| 5) | To understand the relationship between money and banking and to possess knowledge regarding the financial markets. | N | |
| 6) | To use quantitative techniques to increase decision-making capabilities in business environment | H | Exam,Homework |
| 7) | To show proficiency in analyzing and interpreting financial tables | N | |
| 8) | To apply the models used in financial decision making in accordance with risk management techniques and legal regulations. | S | Homework |
| 9) | To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems. | S | Homework |
| 10) | To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information | N |
| Prepared by and Date | HAKAN AVDAN , April 2019 |
| Course Coordinator | MUHAMMED ABDULLAH ALTUNDAL |
| Semester | Spring |
| Name of Instructor |
Course Contents
| Week | Subject |
| 1) | Review of the Financial System (Chapter 2) |
| 2) | Review of the Financial System (Chapter 2), Homework |
| 3) | Money and Interest (Chapter 4-6) |
| 4) | Money and Interest (Chapter 4-6) |
| 5) | Banking Industry; competition and structure (Chapter 11) |
| 6) | Banking Industry-chapter 11, homework |
| 7) | Monetary Policy; purpose, theory and Independence of Central Bank |
| 8) | Monetary Policy; purpose, theory and Independence of Central Bank, Homework |
| 9) | Central Banks and Monetary Policy: Strategies |
| 10) | Central Banks and Monetary Policy: Strategies, Case study |
| 11) | Exchange Market |
| 12) | Exchange Market, case study |
| 13) | Financial Crisis; global and Turkey |
| 14) | Financial Crisis; global and Turkey, case study |
| 15) | Final |
| 16) | Final |
| Required/Recommended Readings | Frederic S. Mishkin, The Economics of Money, Banking and Financial Markets, 11th Ed. Prentice-Hall, 2016 (zorunlu) | |||||||||||||||
| Teaching Methods | Classroom activities, presentations, group work. | |||||||||||||||
| Homework and Projects | ||||||||||||||||
| Laboratory Work | ||||||||||||||||
| Computer Use | ||||||||||||||||
| Other Activities | ||||||||||||||||
| Assessment Methods |
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| Course Administration |
havdan@yahoo.com Derslere, Blackboard üzerinden paylaşılan materyallerle hazırlanarak gelinmesi gerekmektedir. Akademik Sahtekarlık ve İntihal: YÖK Düzenlemeleri |
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ECTS Student Workload Estimation
| 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 | 2 | 3 | 70 | |||
| Presentations / Seminar | 6 | 5 | 2 | 42 | |||
| Final Examination | 1 | 14 | 2 | 16 | |||
| Total Workload | 128 | ||||||
| Total Workload/25 | 5.1 | ||||||
| ECTS | 5 | ||||||