ECO689 - FINANCIAL MARKETS and INSTITUTIONS
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| FINANCIAL MARKETS and INSTITUTIONS | ECO689 | Any Semester/Year | 3 | 0 | 3 | 7 |
| Prequisites | None | |||||
| Course language | Turkish | |||||
| Course type | Elective | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Drill and Practice Problem Solving | |||||
| Instructor (s) | Academic Staff | |||||
| Course objective | The aim of this course to introduce financial markets, risk and finance relations and risk management together with financial instruments for risk management. | |||||
| Learning outcomes |
| |||||
| Course Content | Introduction to financial markets, finance and risk, money markets, stock markets, bond markets, real estate markets option markets and options for hedging, principles of risk management. | |||||
| References | Mishkin, S. and Stanley E. Financial Markets and Institutions, 7th ed. Pearson, 2012 Hull, J. C. Options, Futures and Other Derivatives, Prentice Hall, 2005 Oksendal, B. Stochastic Differential Equations: An Introduction with Applications, 6th Edition, Springer Verlag, 2010 | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Review: Finance and Risk |
| Week 2 | Review: Markets, domestic-international |
| Week 3 | Review: Concept of Risk |
| Week 4 | Financial Markets |
| Week 5 | Bond markets, basics of valuation |
| Week 6 | Bond risk |
| Week 7 | Midterm |
| Week 8 | Stock markets |
| Week 9 | Valuation of stocks: Basics |
| Week 10 | Option markets |
| Week 11 | Options and hedging |
| Week 12 | Options valuation |
| Week 13 | Principles of Risk Management |
| Week 14 | Market Risk |
| Week 15 | Real Estate Markets |
| Week 16 | Presentations |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 0 | 0 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 1 | 15 |
| Presentation | 1 | 10 |
| Project | 0 | 0 |
| Seminar | 0 | 0 |
| Midterms | 1 | 25 |
| Final exam | 1 | 50 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 3 | 50 |
| Percentage of final exam contributing grade succes | 1 | 50 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 15 | 6 | 90 |
| Presentation / Seminar Preparation | 1 | 15 | 15 |
| Project | 0 | 0 | 0 |
| Homework assignment | 1 | 15 | 15 |
| Midterms (Study duration) | 1 | 20 | 20 |
| Final Exam (Study duration) | 1 | 28 | 28 |
| Total Workload | 33 | 87 | 210 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. To understand theoretical developments in financial economics. | X | ||||
| 2. To have a good grasp in methods and techniques to use and test theoretical approaches in the field. | X | ||||
| 3. To understand the interdisciplinary nature of financial economics. | X | ||||
| 4. To know the applications in the field of financial economics and propose appropriate solutions to practical problems. | X | ||||
| 5. To offer appropriate policy suggestions in response to new financial developments. | X | ||||
| 6. To understand and explain the effects of international financial developments on national economy and the interdependencies between the two. | X | ||||
| 7. To comprehend pricing and diversification of financial assets and risk management. | X | ||||
| 8. To understand country risk and rating analysis and evaluate their effects on national economy. | X | ||||
| 9. To know theoretical and empirical concepts in financial economics to follow the related literature. | X | ||||
| 10. To access and evaluate financial data and interpret them. | X | ||||
| 11. To conduct independent empirical studies in financial economics by using software. | X | ||||
| 12. To understand different market structures in which financial firms operate and their impacts on firm behavior. | X | ||||
| 13. To suggest policies for financial markets depending on their significance and distinctive features. | X | ||||
| 14. To develop the capacity to construct unique ideas in their research without ethical breaches such as plagiarism, forgery and distortion. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest