FINANCIAL ECONOMICS

MAN314

Course Code: MAN314
Semester: -
Theory+Practice: 3 + 0
ECTS: 5

Course Type

Elective Course

Course Level

Bachelor's Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Read, understand and reflect on the international professional and academic literature on financial economics
Report independently on various issues in financial economics, including state of the art empirical and theoretical studies
Use and apply statistical tools and methods that are relevant to financial economics

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

Man414 International Finance

Course Description

The objective of this course is to undertake a rigorous study of the theoretical foundations of modern financial economics. In this course, students will learn financial markets, time value of money, value of a portfolio, and some financial instruments. Therefore, students will have better understanding of financial markets. Students who miss more than 30% of total class hours receive an F2 grade.

Course Contents

WEEK	TOPICS
1^st Week	Introduction to Financial Markets
2^nd Week	Basic Financial Statements
3^rd Week	Ratio Analysis
4^th Week	Time Value of Money and Bond Pricing
5^th Week	Financial Decision Making
6^th Week	Return and Risk, Systematic and Specific Risk
7^th Week	Midterm
8^th Week	Value of a Portfolio
9^th Week	Capital Asset Pricing Model (CAPM)
10^th Week	Exchange Rates
11^th Week	Interest rates and FX Markets
12^th Week	Derivatives
13^th Week	Efficient Market Hypothesis
14^th Week	Market Anomalies

Recommended or Required Reading

Cuthbertson, K., Quantitative Financial Economics Stocks, Bonds and Foreign Exchange, John Wiley and Sons,1999.
Jones, C., Financial Economics, Routledge, 2008.
Madura, J., International Financial Management, Cengage Learning, 2020.
McLaney, E., Business Finance Theory and Practice, Pearson, 2017.
Miskhin, F.S. and Eakings, S.G., Financial Markets and Institutions, 2018.
Stephen F. LeRoy and Jan Werner, Principles of Financial Economics, Cambridge University Press, 2000.

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Questions/Answers
Problem Solving
Presentation
Applications

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	20
Assignment	1	30
Total(%)		50
Contribution of In-term Studies to Overall Grade(%)		50
Contribution of Final Examination to Overall Grade(%)		50
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	1	2	2
Preparation for Quiz	1	5	5
Individual or group work	14	1	14
Preparation for Final exam	1	40	40
Course hours	14	3	42
Preparation for Midterm exam	1	30	30
Laboratory (including preparation)
Final exam	1	2	2
Homework	1	30	30
Total Work Load			165
Total Work Load / 30 (h)			5.5
ECTS Credit of the Course			5

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3
K1	X	X	X
K2	X	X	X
K3	X	X
K4	X	X	X
K5
K6
K7
K8
K9
K10
K11	X	X	X
K12
K13			X