Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
|
|
Knowledge
(Described as Theoritical and/or Factual Knowledge.)
|
1) Have knowledge of financial markets and functions of financial systems.
|
2) Recognise functions and roles of financial institutions in the markets.
|
Skills
(Describe as Cognitive and/or Practical Skills.)
|
Competences
(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
|
1) Realise the functions of domestic and international financial markets and financial system
|
2) Analyse the role of central bank and commercial banks in financial markets.
|
Week |
Subject |
Materials Sharing * |
|
Related Preparation |
Further Study |
1) |
Why should we study financial markets and financial institutions?, Debt and equity markets, Central bank and financial risk concepts. |
|
|
2) |
An overview of the financial system, debt and equity markets, the structure of the financial system, basic financial institutions. |
|
|
3) |
Introduction to the formation of interests and the time value of money, the role of interest in valuation present value, reel interest, negative interest rate. |
|
|
4) |
Why Do Interest Rates Change?, determinants of asset demand, supply and demand in the bond market, changes in equilibrium interest rates. |
|
|
5) |
Are financial markets efficient?, efficient market hypothesis, the forms of efficiency, random walk hypothesis. |
|
|
6) |
Why Do Financial Institutions Exist?, transaction costs on financial markets, asymmetry information, adverse selection, moral hazard, the lemon problem of AKerlof |
|
|
7) |
Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?, the dynamics of financial crisis, global financial crisis (2008) |
|
|
8) |
Central banks, the origins of central banks, Variations in the Functions and Structures of Central Banks, Central Bank of Turkey Republic. |
|
|
9) |
Conduct of Monetary Policy, open market operations, conventional monetary policy tools, nonconventional monetary policy tools. |
|
|
10) |
Monetary policy goals, price stability, other goals of central banks, should price stability be the primary goal of monetary policy? |
|
|
11) |
Money markets, the purpose of money markets, the institutions of money markets, comparing money market securities |
|
|
12) |
The bond market, types of bonds, bond interest, the investment of bonds. |
|
|
13) |
The stock market, investment in stock market, stock types, computing the price of common stock, stock valuation. |
|
|
14) |
Supervisory and regulatory organisations in Turkey, Capital Markets Board of Turkey (CMBT), Banking Regulation and Supervision Agency (BRSA). |
|
|
(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
|
Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
Use and apply area concepts and theories in sub-disciplines of business administration. |
|
|
1.1 Demonstrate awareness and knowledge on issues when dealing with business related problems such as management, organizational design, accounting, finance, marketing and human resources. |
|
|
1.2 Have knowledge in business science such as mathematics, statistics, behavior science, law, information technologies etc. |
|
2) |
Have ability to effectively plan and use economic, technological and information sources and tools in organizations by using appropriate theories and methods. |
|
|
2.1 Use economic and technological sources effectively and efficiently in the field of business administration. |
|
|
2.2 Use information and communication technologies effectively in business practices. |
|
3) |
Promote a climate of integrity, change and innovativeness within and around contemporary business environment of which they will become part of as an employee/manager. |
|
|
3.1 Demonstrate time management and self-discipline competencies required in a business environment to articulate strategies. |
|
|
3.2 Manage information and communication processes along with supportive programs used in management. |
|
|
3.3 Demonstrate awareness on ethical and environmental issues when dealing with business related problems |
|
|
|
|
4) |
Applies the theoretical knowledge in business life during a semester. |
|
|
4.1 Experiences all processes in business life. |
|
|
4.2 Takes part in activities related to the field of education in a business operating in the field. |
|
|
4.3 Questions the application with theoretical knowledge. |
|
|
4.4 Compiles the knowledge and experience gained in the field. |
|
5) |
S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field. |
|
|
5.1 Acquires the analyzing solving the problems and managing the conflicts. |
|
|
5.2 Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary. |
|
|
5.3 Has awareness for ethical and social responsivity. |
|
|
5.4 By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way. |
|
|
5.5 Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view. |
|
|
5.6 Develops strategical, innovative and entrepreneurial ideas. |
|
|
5.7 Acquires competence of managing the change. |
|
|
5.8 Shows development personally and socially with and awareness for lifelong learning. |
|
|
5.9 Follows advanced technologies and developments about digital transformation. |
|
|
5.10 Has cultural awareness and s/he transfers this to the groups within and outside his/her field. |
|
|
5.11 Has awareness about citizenship competency. |
|
|
5.12 Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+). |
|
WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
3 |
42 |
Laboratory |
0 |
0 |
0 |
Application |
0 |
0 |
0 |
Special Course Internship (Work Placement) |
0 |
0 |
0 |
Field Work |
0 |
0 |
0 |
Study Hours Out of Class |
14 |
5 |
70 |
Presentations / Seminar |
0 |
0 |
0 |
Project |
0 |
0 |
0 |
Homework Assignments |
1 |
4 |
4 |
Total Workload of Teaching & Learning Activities |
- |
- |
116 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
2 |
2 |
4 |
Midterms |
1 |
1 |
1 |
Semester Final Exam |
1 |
1 |
1 |
Total Workload of Assesment & Evaluation Activities |
- |
- |
6 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
122 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
5 |