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GRADUATE INSTITUTE of SOCIAL SCIENCES / DEPARTMENT of ECONOMICS
Economic Development and International Economics-Masters with Thesis
Course Catalog
http://www.katalog.ktu.edu.tr/DersBilgiPaketi/generalinfo.aspx?pid=3655&lang=1
Phone: +90 0462 +90 462 377 20 22
SBE
GRADUATE INSTITUTE of SOCIAL SCIENCES / DEPARTMENT of ECONOMICS / Economic Development and International Economics-Masters with Thesis
Katalog Ana Sayfa
  Katalog Ana Sayfa  KTÜ Ana Sayfa   Katalog Ana Sayfa
 
 
IGUI5007International Financial Economics3+0+0ECTS:7.5
Year / SemesterFall Semester
Level of CourseSecond Cycle
Status Elective
DepartmentDEPARTMENT of ECONOMICS
Prerequisites and co-requisitesNone
Mode of Delivery
Contact Hours14 weeks - 3 hours of lectures per week
LecturerProf. Dr. Ayça SARIALİOĞLU HAYALİ
Co-LecturerNone
Language of instruction
Professional practise ( internship ) None
 
The aim of the course:
To help students in comprehending the theoretical-based issues in the field of International Financial Economics, which focuses on the Financial dimension of International Economics, and to help them in making sense of what is experienced in practice with theory and especially, in having a command of the literature in English on these subjects.
 
Programme OutcomesCTPOTOA
Upon successful completion of the course, the students will be able to :
PO - 1 : Follow the developments and transformations in the International Monetary Systems by eras through historical perspective with the steps reaching to today's system. 2,4,6,91,
PO - 2 : Understand the theoretical basis which lies behind or tries to explain the practice of the International Financial Economics.2,4,6,91,
PO - 3 : Learn the basic or advanced theoretical topics of International Financial Economics such as Covered and Uncovered Interest Parities, the Mundell-Fleming Models under the Floating and Fixed Exchange Rate Systems, Portfolio Balance Theory.2,4,6,91,
PO - 4 : Have a command of the English terminology and literature of topics of the International Financial Economics. 2,4,6,91,
CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome

 
Contents of the Course
Handling the history of International Monetary Systems in three parts, addressing the basic or advanced theoretical topics such as Covered and Uncovered Interest Parities, the Mundell-Fleming Models under the Floating and Fixed Exchange Rate Systems, Portfolio Balance Theory and examining the English terminology and literature of such topics in detail.
 
Course Syllabus
 WeekSubjectRelated Notes / Files
 Week 1Introduction to the Course
 Week 2History of International Monetary Systems, Part 1
 Week 3History of International Monetary Systems, Part 2
 Week 4History of International Monetary Systems, Part 3
 Week 5European Monetary Union, EU
 Week 6The law of one price (LOOP) and arbitrage
 Week 7Covered and Uncovered Interest Parities
 Week 8Covered and Uncovered Interest Parities
 Week 9Midterm Exam
 Week 10Purchasing Power Parity and the Balassa-Samuelson Effect
 Week 11Purchasing Power Parity and the Balassa-Samuelson Effect
 Week 12Quiz
 Week 13Dornbusch overshooting exchange rate model
 Week 14Mundell-Fleming Model with a Floating Exchange Rate
 Week 15Mundell-Fleming Model with a Fixed Exchange Rate
 Week 16Final Exam
 
Textbook / Material
1Ders Notları.
2Ders Notları.
3Ders Notları.
4Ders Notları.
 
Recommended Reading
1Pilbeam, K. 2005; International Finance, Palgrave, UK.
2Pilbeam, K. 2005; International Finance, Palgrave, UK.
3Pilbeam, K. 2005; International Finance, Palgrave, UK.
4Pilbeam, K. 2005; International Finance, Palgrave, UK.
 
Method of Assessment
Type of assessmentWeek NoDate

Duration (hours)Weight (%)
Mid-term exam 9 11/2023 2 30
Quiz 12 12/2023 1 20
End-of-term exam 16 01/2024 2 50
 
Student Work Load and its Distribution
Type of workDuration (hours pw)

No of weeks / Number of activity

Hours in total per term
Yüz yüze eğitim 3 14 42
Sınıf dışı çalışma 8 14 112
Arasınav için hazırlık 10 2 20
Arasınav 2 1 2
Kısa sınav 2 1 2
Dönem sonu sınavı için hazırlık 15 3 45
Dönem sonu sınavı 2 1 2
Total work load225