| Akademik Birim: |
Finans ve Bankacılık - Yüksek Lisans |
| Öğrenim Türü: |
Örgün eğitim |
| Ön Koşullar |
yok |
| Öğrenim Dili: |
İngilizce |
| Dersin Düzeyi: |
Yüksek Lisans |
| Dersin Koordinatörü: |
Belma ÖZTÜRKKAL |
| Dersi Veren(ler): |
Çiğdem Vural Yavaş |
| Dersin Amacı: |
The objective of this course is to analyze the role of financial institutions in allocating resources, managing risk, and exerting corporate governance over firms. Special attention is given to the importance of financial regulation and its effects on the efficiency of financial markets. |
| Dersin İçeriği: |
This course first explains how the interest rates are determined, the risk and term structure of interest rates, and their roles in pricing securities. Then it shows how the central banks influence interest rates. Next economic principles are used to examine the emergence and impact of financial institutions on economic growth and stability. The importance of the regulation of financial intermediaries is examined, taking into account both the economic and the political forces which shape policy decisions. Besides familiarizing students with different components of national financial systems, the class uses the economics of information to understand the functioning of financial institutions. The class intends to provide an international perspective on the emergence, operation, impact, and regulation of financial institutions. An international perspective is stressed because examples from countries with different legal, political, and regulatory regimes provide a richer understanding of the role of financial institutions. |
| Dersin Öğrenme Çıktıları (ÖÇ): |
- 1- understanding the impact of policy changes and events on interest rates and the term structure of interest rates
- 2- learning how different central banks may respond to economic information
- 3- identifying the economic principles underlying the emergence, evolution, and operation of financial institutions
- 4- describing how financial institutions affect resource allocation and economic activity
- 5- providing economic reasons for and against different regulations of financial institutions
- 6- evaluating the formation and efficacy of regulations under different political settings
|
| Dersin Öğrenme Yöntem ve Teknikleri |
1. lectures2. in-class discussions3. student presentations of their term projects |
| Hafta | Konular | Ön Hazırlık |
| 1 |
Overview of the Financial System |
Mishkin and Eakins,
CHs 1, 2
|
| 2 |
Interest Rates |
Mishkin and Eakins,
CHs 3, 4 |
| 3 |
Risk and Term Structure Affect Interest Rates |
Mishkin and Eakins,
CH 5 |
| 4 |
Efficiency of Financial Markets,
Fundamentals of Financial Institutions
|
Mishkin and Eakins,
CHs 6, 7 |
| 5 |
Causes of Financial Crises |
Mishkin and Eakins,
CH 8 |
| 6 |
Role of Central Banks,
Conduct of Monetary Policy
|
Mishkin and Eakins,
CHs 9, 10 |
| 7 |
Types of Financial Markets |
Mishkin and Eakins,
Part-5 |
| 8 |
Money Market, Bond Market, Stock Market, Mortgage Market, Foreign Exchange Rate Market |
Mishkin and Eakins,
Part-5 |
| 9 |
International Financial System |
Mishkin and Eakins,
CH 16 |
| 10 |
Financial Globalization,
International Capital Market,
International Banking and the International Capital Market |
Krugman, Obstfeld, Melits,
CH 21 |
| 11 |
Economic Analysis of Banking Regulation |
Barth, Caprio, Levine,
CHs 1, 2 |
| 12 |
Economic Analysis of Banking Regulation |
Barth, Caprio, Levine,
CHs 3, 4 |
| 13 |
Political Economy of Financial Regulation |
Barth, Caprio, Levine,
CHs 5, 6 |
| 14 |
Finance and Growth,
Finance and Poverty
|
special readings |
Kadir Has Üniversitesi'nde bir dönem 14 haftadır, 15. ve 16. hafta sınav haftalarıdır.
