|
|
| IKT4015 | International Financial Crises | 3+0+0 | ECTS:4 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Ayça SARIALİOĞLU HAYALİ | | Co-Lecturer | None | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | It is to help students to learn the phenomenon of International Financial Crises within the framework of both conceptual framework, crisis theories and also in the context of crises experienced around the world. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | Explain what the Financial Crises mean and how they differ from the other types of crisis. | 2,6,8 | 1, | | LO - 2 : | Define the sub-groups of Financial Crises. | 2,6,8 | 1, | | LO - 3 : | Understand what the theoretical models explaining the causes and processes of financial crises tell. | 2,6,8 | 1, | | LO - 4 : | Understand how the theoretical models explaining the causes and processes of financial crises differ from each other. | 2,6,8 | 1, | | LO - 5 : | Evaluate the fact that to what extent the theoretical models can explain the experienced crises. | 2,6,8 | 1, | | LO - 6 : | Examine the crises experienced around the world through the country cases. | 2,6,8 | 1, | | LO - 7 : | Evaluate the common elements of the 2008 Global Financial Crisis with the other experienced cries and also the other aspects that differs it. | 2,6,8 | 1, | | 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), LO : Learning Outcome | | |
| Identification and classification of international financial crises, a historical perspective to the process going to financial crises and in this regard, tackling the crises in the 1990s, within the scope of the crisis theories, analyzing the First, Second and Third Generation Crisis Models, addressing the financial crises experienced in the world, within this framework, examining the European Exchange Rate Mechanism (ERM) crisis in 1992, the Mexican crisis in1994, the 1997 Asian Crisis and Turkish Crises (1994, 2000, 2001) and most recently the Global Financial Crisis in 2008 together with its effects on Turkey. |
| |
| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | The phenomenon of International Financial Crises, its classification and the conceptual framework. | | | Week 2 | The process going to the Financial Crises: The 1990s | | | Week 3 | Introduction to Theories of Crisis | | | Week 4 | First Generation Models of Crisis | | | Week 5 | Second Generation Models of Crisis | | | Week 6 | Third Generation Models of Crisis in General | | | Week 7 | Third Generation Models of Crisis-Classified | | | Week 8 | Midterm Exam | | | Week 9 | Introduction to the crises in the worldwide. | | | Week 10 | The European Exchange Rate Mechanism (ERM) crisis in 1992 | | | Week 11 | The Mexican crisis in 1994. | | | Week 12 | The 1997 Asian Crisis | | | Week 13 | Turkish Crises (1994, 2000, 2001) | | | Week 14 | The Global Financial Crisis in 2008 together with its effects on Turkey. | | | Week 15 | The Evaluation of the whole term. | | | Week 16 | Final Exam. | | | |
| 1 | Ders Notları | | | 2 | Finansal Krizlerle İlgili Makaleler | | | 3 | Kazgan, G. 2012; Türkiye Ekonomisinde Krizler, İstanbul Bilgi Üniversitesi Yayınları, No 109, İstanbul. | | | 4 | Demirci, N. 2005; Finansal Krizlerin Anatomisi: Modern Kriz Teorileri Işığında Gelişmekte Olan Ülkeler ve Türkiye, SPK Yayınları, No 186, Ankara. | | | 5 | Bastı, E. 2006; Kriz Teorileri Çerçevesinde 2001 Türkiye Finansal Krizi, SPK Yayınları, No: 191, Ankara. | | | 6 | Krugman, P. 2010; Bunalım Ekonomisinin Geri Dönüşü ve Küresel Kriz, Literatür Yayınları, İstanbul. | | | |
| 1 | Pilbeam, K. 2005; International Finance, Palgrave, ünite 17, UK. | | | 2 | Roubini, N., Mihm, S., 2012; Kriz Ekonomisi, Pegasus Yayınları, İstanbul. | | | 3 | Belgesel Film: Inside Job, Yönetmen Charles Ferguson. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 8 | 11/2022 | 0,45 | 50 | | End-of-term exam | 16 | 01/2023 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 2 | 14 | 28 | | Arasınav için hazırlık | 5 | 2 | 10 | | Arasınav | .45 | 1 | .45 | | Dönem sonu sınavı için hazırlık | 5 | 5 | 25 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 106.45 |
|