| School/Faculty/Institute |
Faculty of Econ., Admin. and Social Sciences |
| Course Code |
ECON 433 |
| Course Title in English |
Financial Markets |
| Course Title in Turkish |
Finansal Piyasalar |
| Language of Instruction |
EN |
| Type of Course |
Flipped Classroom |
| Level of Course |
Intermediate |
| Semester |
Fall |
| Contact Hours per Week |
| Lecture: 3 |
Recitation: 0 |
Lab: 0 |
Other: 0 |
|
| Estimated Student Workload |
122 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 |
Basic mathematics, introductory notion of economics |
| Co-requisites |
None |
| Registration Restrictions |
Only Undergraduate Students |
| Overall Educational Objective |
to give a notion of financial products and markets, emphasizing international standards and country-specific practices. to teach basic pricing calculations&mechanisms of core financial products, including bonds, equities, futures, and options. |
| Course Description |
This course gives a comprehensive overview to financial markets. Business practices are included for various markets. Financial instruments and mechanisms of capital accumulation are described in the context of macroeconomic dynamics and market efficiency. A special interest is given to pricing and comparative studies with respect to financial instruments. The course covers the following topics in detail: Money Market, Bond Market, Equity Market, Derivatives Market and Hedging. |
| Course Description in Turkish |
Bu ders finansal piyasalara kapsamlı bir genel bakış sunmaktadır. Çeşitli piyasalara yönelik olarak iş hayatındaki pratik uygulamalara yer verilmiştir. Finansal araçlar ve sermaye birikimi mekanizmaları makroekonomik dinamikler ve piyasa etkinliği bağlamında anlatılmaktadır. Finansal araçlara ilişkin fiyatlama ve karşılaştırmalı çalışmalara özel önem verilmektedir. Derste şu konular ayrıntılı olarak ele alınmaktadır: Para Piyasası, Tahvil Piyasası, Pay Piyasası, Türev Piyasalar ve Riskten Korunma. |
Course Learning Outcomes and Competences
Upon successful completion of the course, the learner is expected to be able to:
1) Has a broad understanding of the definitions and basic dynamics of financial instruments
2) Has ability to understand business practices in line with the academic knowledge provided.
3) Demonstrates ability to make basic calculations of financial mathematics, including present value, return, and standard pricing of bonds, equities, and derivatives.
4) Demonstrates knowledge and skills in understanding financial markets with its linkages to macroeconomics.
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| Program Learning Outcomes/Course Learning Outcomes |
1 |
2 |
3 |
4 |
| 1) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
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| 2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
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| 3) Displays a sound comprehension of microeconomic and macroeconomic theory.
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| 4) Applies economic concepts to solve complex problems and enhance decision-making capability. |
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| 5) Uses quantitative techniques to analyze different economic systems.
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| 6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
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| 7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
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| 8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
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| 9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
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| 10) Exhibits individual and professional ethical behavior and social responsibility. |
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| 11) Displays learning skills necessary for further study with a high degree of autonomy |
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Relation to Program Outcomes and Competences
| N None |
S Supportive |
H Highly Related |
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Program Outcomes and Competences |
Level |
Assessed by |
| 1) |
Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
H |
|
| 2) |
Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
H |
|
| 3) |
Displays a sound comprehension of microeconomic and macroeconomic theory.
|
S |
|
| 4) |
Applies economic concepts to solve complex problems and enhance decision-making capability. |
S |
|
| 5) |
Uses quantitative techniques to analyze different economic systems.
|
N |
|
| 6) |
Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
H |
|
| 7) |
Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
N |
|
| 8) |
Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
|
S |
|
| 9) |
Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
H |
|
| 10) |
Exhibits individual and professional ethical behavior and social responsibility. |
S |
|
| 11) |
Displays learning skills necessary for further study with a high degree of autonomy |
H |
|
| Prepared by and Date |
EVREN ARIK , December 2023 |
| Course Coordinator |
EVREN ARIK |
| Semester |
Fall |
| Name of Instructor |
Öğr. Gör. GUZHAN GULAY |
Course Contents
| Week |
Subject |
| 1) |
Macroeconomic Foundations |
| 2) |
Macroeconomic Foundations |
| 3) |
Money Markets |
| 4) |
Bond Markets I – Bond Types |
| 5) |
Bond Markets II – Valuation |
| 6) |
Equity Markets I – Types |
| 7) |
Equity Markets II – Valuation |
| 8) |
Equity Markets III – Trading |
| 9) |
Futures |
| 10) |
Options I – Types |
| 11) |
Options II – Hedging |
| 12) |
SWAP |
| 13) |
Commodity Markets |
| 14) |
Practice in Financial Markets |
| 15) |
Final Examination Period |
| 16) |
Final Examination Period |
Information Package / Course Catalogue