>
Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Financial Markets and Globalization MFD130 Elective Doctorate degree 1 Spring 6

Name of Lecturer(s)

Prof. Dr. Ebu Bekir AYAN
Prof. Dr. Abdurrahman FETTAHOĞLU
Prof. Dr. Vasfi HAFTACI
Associate Prof. Dr. Sibel FETTAHOĞLU
Associate Prof. Dr. Hakan KAPUCU

Learning Outcomes of the Course Unit

1) The aim of the course to learn following concepts:Description of financial globalization
2) The aim of the course to learn following concepts:Conditions of financial globalization
3) The aim of the course to learn following concepts:Measuring financial globalization and financial glonbalization's advantages and disadvantages.
4) The aim of the course to learn following concepts:Globalization and money market
5) The aim of the course to learn following concepts:Globalization and bond market
6) The aim of the course to learn following concepts:Globalization and equity markets
7) The aim of the course to learn following concepts:Globalization and derivative markets
8) The aim of the course to learn following concepts:Globalization and financial crisis

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3
Learning Outcomes
1 No relation High High
2 High High High
3 High High High
4 High High High
5 High High High
6 High High High
7 High High High
8 High High High

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

None

Course Contents

Description of financial globalization,Conditions of financial globalization,Measuring financial globalization and financial glonbalization's advantages and disadvantages,Globalization and money market,Globalization and bond market,Globalization and equity markets,Globalization and derivative markets,Globalization and financial crisis

Weekly Schedule

1) Financial System: Concept and Components 
2) Evolution of the Money and Capital Markets
3) Globalization of the Financial Markets
4) Global Derivatives Markets
5) Global Foreign Exchange Markets
6) Internationalisation of the Capital and International Capital Movements.
7) International Capital Movements and Financial Instability
8) Midterm Exam
9) Student Presentations - 1
10) Financial Globalization and Financial Crisis
11) Financial Globalization and 1997 East Asia Financial Crisis
12) Financial Globalization and 1998 Rusia Financial Crisis
13) Financial Globalization and 2000-2001 Turkey Financial Crisis
14) Student Presentations - 2
15) Financial Globalization and Analysis of the 2008 Global Financial Crisis 
16) Final Exam

Recommended or Required Reading

1- An Introduction to Global Financial Markets, Stephen Valdez, Philip Molyneux.
2- Küresel Finansal Krizden Borç Krizine-Nedenler, Etkiler ve Beklentiler, Erşan Sever, Murat Demir, Ekin Yayınevi.
3- Financial Markets and Institutions, Frederic S. Mishkin, Stanley Eakins, Pearson.
4- Freefall: America, Free Markets, and the Sinking of the World Economy (Serbest Düşüş Amerika, Serbest Piyasalar ve Dünya Ekonomisinin Çöküşü), Joseph E. Stiglitz.
5- Finansallaşma, Borç Krizi ve Çöküş: Küresel Kapitalizmin Geleceği; Ümit Akçay, Ali Rıza Güngen, Notabene Yayınları.

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Group Study
5) Simulation
6) Brain Storming
7) Case Study
8) Self Study


Assessment Methods and Criteria

Contribution of Semester Studies to Course Grade

30%

 

Number

Percentage

Semester Studies

Midterm Examination

1

20%

Presentation/Seminar

1

80%

 

Contribution of Final Examination to Course Grade

70%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required