COURSE UNIT TITLE

: ECONOMIC AND FINANCIAL ENVIRONMENT

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MSF 5027 ECONOMIC AND FINANCIAL ENVIRONMENT COMPULSORY 3 0 0 6

Offered By

Accounting and Finance (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR PINAR EVRIM MANDACI

Offered to

Accounting and Finance (English)

Course Objective

This course explores the global economic and financial environment within which businesses operate. It provides the concepts, relationships, and frameworks for the performance of national economies and the interaction among national economies and financial markets. It examines the fundamental determinants of long-term economic growth, Central Banking, money markets and monetary policy, capital markets, foreign exchange markets, and the balance of payments, business cycles and recessions, inflation-deflation, and the fiscal policy.

Learning Outcomes of the Course Unit

1   Analyze the statistics which measure the performance of the economy (unemployment, inflation, etc.)
2   Identify economic growth, business cycle, money and capital markets operations, foreign exchange markets, and the balance of payments
3   illustrate the influences of key macroeconomic variables on financial performance of businesses.
4   Examine how both monetary and fiscal policies influence Turkey and world economic growth and development

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Global Financial Environment
2 Output Input -Inflation
3 Economic Growth
4 Money Markets
5 The Central Bank
6 Monetary Policy
7 Mid-Term
8 Capital Markets
9 Fiscal Policy: Government Spending, Taxation and Deficit Finance
10 IS-LM Analysis
11 Foreign Exchange Markets
12 Balance of Payments
13 General Overview of Turkish Financial System
14 Review

Recomended or Required Reading

1. Boyes,W. ve Melvin, M.(2012) Macroeconomics , Eighth edition, Cengage Learning South-Western
2. Barro, Robert, Macroeconomics; A Modern Approach, Thomson-Southwestern, 2008

Planned Learning Activities and Teaching Methods

Lecture, problem solving, presentations.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 PRS PRESENTATION
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + PRS * 0.30 + FIN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + PRS * 0.30 + 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 students will describe the financial performance of a country by using macroeconomic variables
2. The students will determine how macroeconomic developments and business decisions interact with and are impacted by the decisions of policy makers
3. The students will forecast the financial performance of a business using the statistics related with macroeconomic indicators

Language of Instruction

English

Course Policies and Rules

1. Plagiarism of any type will result in disciplinary action.
2. Attending at least 70 percent of lectures is mandatory.
3. All assignments should be submitted on time. Otherwise will not be accepted.

Contact Details for the Lecturer(s)

habil.gokmen@deu.edu.tr, tulay.yucel@deu.edu.tr

Office Hours

To be announced later.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 20 20
Preparation for final exam 1 25 25
Preparing presentations 12 3 36
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 160

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7
LO.15555333
LO.25555333
LO.35555333
LO.45555333

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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