GLOBAL ECONOMIC AND FINANCIAL ISSUES

TBS394

Course Code: TBS394
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)

Professor Bahar Araz

Learning Outcomes

At the end of this course, the students;

Gain knowledge about current global economic and financial issues.
Acquire information about key global economic and financial data providers and develop data access skills.
Recognize credit rating methods that are important for global investors.
Develop skills in the integrated evaluation of key components such as growth, the public sector, external balance, prices, and exchange rates in the context of macroeconomics and financial markets.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

This course aims to provide an applied and interactive learning experience. By using financial software, the course integrates theory with current issues through real data. The inclusion of tools like Bloomberg in the curriculum enhances students' competencies in analysis and data access, while providing a competitive advantage in the eyes of employers.

Course Contents

WEEK	TOPICS
1^st Week	Global economy and financial markets
2^nd Week	Structural economic blocks
3^rd Week	Global macro imbalances
4^th Week	Economic activity and indicators
5^th Week	Global central banking and monetary policy-I
6^th Week	Global central banking and monetary policy-II
7^th Week	Exchange rates and FX markets
8^th Week	Midterm exam
9^th Week	Exchange rates and FX markets
10^th Week	Equity markets and capital flows
11^th Week	Bond markets and capital flows
12^th Week	Commodity markets, terms of trade
13^th Week	Global flows of funds
14^th Week	Sovereign rating methodologies

Recommended or Required Reading

Rodrik, D. (2008). One economics, many recipes: globalization, institutions, and economic growth. In One Economics, Many Recipes. Princeton university press

Mishkin, F. S. (2013). The economics of money, banking, and financial markets (8th ed.). Pearson education

Bloomberg eğitim notları

IMF World Economic Outlook, IMF Global Financial Stability Review, IMF Fiscal Monitor, IMF Housing Market Review, World Bank World Development Report, OECD Financial Market Trends, BIS Quarterly Review

Planned Learning Activities and Teaching Methods

Lecture
Discussion

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	30
Assignment	2	20
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	1	1
Preparation for Quiz
Individual or group work	14	3	42
Preparation for Final exam	1	30	30
Course hours	14	3	42
Preparation for Midterm exam	1	25	25
Laboratory (including preparation)
Final exam	1	1	1
Homework	2	2	4
Total Work Load			145
Total Work Load / 30 (h)			4.83
ECTS Credit of the Course			5

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4
K1
K2
K3	X	X	X	X
K4
K5	X	X	X	X
K6
K7