COURSE UNIT TITLE

: FINANCIAL SYSTEM AND ENVIRONMENT

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
FIN 2001 FINANCIAL SYSTEM AND ENVIRONMENT COMPULSORY 3 0 0 4

Offered By

BUSINESS ADMINISTRATION

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR HABIL GÖKMEN

Offered to

BUSINESS ADMINISTRATION

Course Objective

The objective of this course is to make students become aware of the impact of financial environment on businesses. The course aims to assist students to make sound business decisions by using economic and financial parameters.

Learning Outcomes of the Course Unit

1   Identify the components of the financial system in order to understand the interrelationships among them. (Level 1).
2   Explain the payment system pointing out the types and functions of money. (Level 2)
3   Recognize the factors that influence interest rates in order to illustrate interest rate behavior and determination. (Level 2).
4   llustrate the functioning of the financial institutions and markets in order to describe the financial environment. (Level 2).
5   Identify the structure and functioning of central banks in order to understand the policy implications of the Turkish Central Bank through a group study. (Level 2).
6   Interpret the monetary and fiscal policy tools in order to employ economic and financial indicators in decision making (Level 2).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 AN OVERVIEW OF THE FINANCIAL ENVIRONMENT
2 MONEY AND THE PAYMENTS SYSTEM
3 FINANCIAL INSTITUTIONS AND MARKETS
4 THE RISK STRUCTURE OF INTEREST RATES
5 THE TERM STRUCTURE OF INTEREST RATES
6 BANKING INDUSTRY AND PRINCIPLES OF BANKING
7 STRUCTURE AND FUNCTIONING OF CENTRAL BANKS
8 TOOLS OF MONETARY POLICY
9 TOOLS OF FISCAL POLICY
10 USING FINANCIAL INDICATORS IN FIRM MANAGEMENT
11 CURRENT AND EMERGING TRENDS IN MONEY MARKETS
12 PRESENTATIONS

Recomended or Required Reading

MISHKIN F.S. (2004) The Economics of Money, Banking and Financial Markets, Sevent Edition, Pearson-Addison Wesley, Boston

Planned Learning Activities and Teaching Methods

1. Lectures
2. Presentations
3. Problem Solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 TP TermProject
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.40 +TP * 0.20 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + TP * 0.20 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define money and the payments system.
2. The learner will explain the behavior of interest rates.
3. The learner will identify banking industry and principles of banking.
4. The learner will define the structure of central banks.
5. The learner will explain the money supply process.
6. The learner will recognize the tools of monetary policy.
7. The learner will explain the demand for money.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of the lectures is mandatory.
2. Violations of plagiarism of any kind will result in a disciplinary action

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Tutorials 2 3 6
Lectures 10 3 30
Preparations before/after weekly lectures 6 5 30
Preparation for midterm exam 1 10 10
Preparation for final exam 1 15 15
Preparation for quiz etc. 0 0 0
Preparing assignments 1 15 15
Preparing presentations 1 2 2
Final 1 1,5 2
Midterm 1 1,5 2
TOTAL WORKLOAD (hours) 112

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.134543533343
LO.234543533343
LO.335443
LO.434543533343
LO.534543533343
LO.634543533343