GRADUATE SCHOOL
Financial Economics (With Thesis)
ECON 507 | Course Introduction and Application Information
| Course Name |
Economics of Financial Markets
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
ECON 507
|
Fall
|
3
|
0
|
3
|
7.5
|
| Prerequisites |
None
|
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| Course Language |
English
|
|||||
| Course Type |
Required
|
|||||
| Course Level |
Second Cycle
|
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| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | - | |||||
| Course Coordinator | - | |||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | This course aims at teaching economics of financial markets. The course covers the recent technological and financial aspects of economics withing the framework of digital (and platform) economy. The course starts with the role of financial intermediaries within a financial system. Then proceeds with technological changes and financial innovation. Big market players such as hedge funds, private equity companies and sovereign wealth funds will comprehensively be covered during the sessions. Mainly issues concerning money, banking and financial markets will be undertaken. Within this framework leading central banks’ approaches such as Federal Reserve, European Central Bank and Bank of England and will be discussed. |
| Learning Outcomes |
The students who succeeded in this course;
|
| Course Description | This course will introduce money and financial markets from a practical and applied perspective. Financial and technological innovation will be the focus of the course. |
|
|
Core Courses | |
| Major Area Courses |
X
|
|
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
| Week | Subjects | Related Preparation |
| 1 | Preliminaries | Lecturer’s own notes, selected articles & book chapters |
| 2 | The Role of Financial Intermediaries | Lecturer’s own notes, selected articles & book chapters |
| 3 | Market Players and Asset Management Industry | Lecturer’s own notes, selected articles & book chapters |
| 4 | Central Banks | Lecturer’s own notes, selected articles & book chapters |
| 5 | Digital Economy | Lecturer’s own notes, selected articles & book chapters |
| 6 | Financial Technology (FinTech) | Lecturer’s own notes, selected articles & book chapters |
| 7 | Green Economy and Its Impact on Financial Markets | Lecturer’s own notes, selected articles & book chapters |
| 8 | Cryptocurrencies and CBDCs | Lecturer’s own notes, selected articles & book chapters |
| 9 | Blockchain and Its Use in Finance | Lecturer’s own notes, selected articles & book chapters |
| 10 | Disruptive Technologies and Use of AI in Finance | Lecturer’s own notes, selected articles & book chapters |
| 11 | Big Data | Lecturer’s own notes, selected articles & book chapters |
| 12 | Discussion on Selected Documentaries | Netflix, BBC, YouTube & Frontline (PBS) |
| 13 | Presentations | |
| 14 | Presentations | |
| 15 | Final Review | |
| 16 | Review of the Semester |
| Course Notes/Textbooks | No specific book is recommended but a comprehensive reading list will be provided during lectures. |
| Suggested Readings/Materials | A list of articles that will be studied in relation to each subject will be provided in class. |
EVALUATION SYSTEM
| Semester Activities | Number | Weigthing |
| Participation |
16
|
10
|
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
30
|
| Final Exam |
1
|
60
|
| Total |
| Weighting of Semester Activities on the Final Grade |
18
|
40
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
60
|
| Total |
ECTS / WORKLOAD TABLE
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
| Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
| Study Hours Out of Class |
16
|
4
|
64
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
0
|
||
| Portfolio |
0
|
||
| Homework / Assignments |
0
|
||
| Presentation / Jury |
0
|
||
| Project |
0
|
||
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
50
|
50
|
| Final Exam |
1
|
63
|
63
|
| Total |
225
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
||||
|
1
|
2
|
3
|
4
|
5
|
||
| 1 | To improve and deepen expertise in economics and finance. |
X | ||||
| 2 | To be able to comprehend the interaction between economics, finance and related fields. |
X | ||||
| 3 | To be able to apply the advanced level knowledge acquired in economics and finance. |
|||||
| 4 | To be able to create new knowledge by combining the knowledge of finance and economics with the knowledge coming from other disciplines and be able to solve problems which requires expert knowledge by applying scientific methods. |
X | ||||
| 5 | To be able to use computer programs needed in the fields of economics and finance as well as information and communication technologies in advanced levels. |
|||||
| 6 | To be able to think analytically to identify problems in finance and economics and to be able to make policy recommendations in economics and finance based on scientific analysis of issues and problems. |
X | ||||
| 7 | To be able to develop new strategic approaches for unexpected, complicated situations in finance and economics and take responsibility in solving it. |
|||||
| 8 | To protect the social, scientific and ethical values at the data collection, interpretation and dissemination stages and to be able to institute and observe these values. |
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| 9 | To be able to critically evaluate the knowledge in finance and economics, to lead learning and carry out advanced level research independently. |
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| 10 | To be able to use a foreign language for both following scientific progress and for written and oral communication. |
X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest