ECON 103 FUNDAMENTALS OF ECONOMICS (3 0 3)
This is a one semester course. It aims to cover the basic theories of microeconomics and macroeconomics. It is an integrated introduction to the analysis of individual firms and markets, as well as aggregate economic variables. These include demand and supply, consumer and firm behavior, production and cost, market structure, aggregate demand and aggregate supply, unemployment, inflation, money, income distribution and economic growth.
ECON 313 STATISTICS AND ECONOMETRİCS (3 0 3)
To provide basic knowledge about Statistics and Econometrics and to prepare students for taking higher level Courses in Econometrics/Time Series.Topics covered include Random Variables and Statistical Distributions; Sampling and Sampling Distributions; Statistical Estimation and Test of Hypothesis; Analysis of Variance; Simple Linear Regression Models; Multiple Linear Regression Models:; Dummy Variables; Multicollinearity, Heteroscedasticity, and Auto Correlation; Model Specification; Time Series and Panel Data; Autoregressive Models.
ECON 501 MICROECONOMICS (3 0 3)
Objective of this course is to familiarize students with fundamental concepts of microeconomics so that they can analyze the microeconomic problems. Topics covered include Budget constraint, Preferences and Utility, Choice and Demand, Revealed Preference and Slutsky Equation, Intertemporal Choice, Asset Returns, Uncertainty and Risky Assets, Market Demand and Equilibrium, Profit Maximization and Cost Minimization, Cost Curves, Firm Supply and Industry Supply, Monopoly, Oligopoly, Exchange, Externalities, Public Goods.
ECON 502 FINANCIAL ECONOMICS (3 0 3)
The course aims to build a bridge between economics and finance. The difference between the deterministic economical techniques and the stochastic techniques are examined so that the student can understand how certain financial tools are derived. Moreover, the course also intends to equip its students with not only an economical but also a financial point of view. This course examines the choice structures under uncertainty, formation of portfolios, kinds of portfolios and certain models related to these portfolios like Capital Asset Pricing Model. Moreover, the notions of arbitrage, martingale, dominance in stochastic sense are studied. Finally students are expected to solve general equilibrium problem when there is uncertainty.
ECON 503 MACROECONOMICS (3 0 3)
This course is designed as an introduction to graduate level macroeconomics. The primary objectives of this course are to acquaint them with the recent developments in the field of macroeconomics, and to equip with the necessary tools to analyze macroeconomic problems.
In the first part of the course, we will study macroeconomic models in a static setting. In the second part of the course, we will examine long-run growth theories, using a host of models to explain economic growth. Time permitting; we will further investigate household consumption and saving behavior, and the RBC Theory.
ECON 504 INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT (3 0 3)
This course builds on the concepts that have been covered in "Financial Management". The aim is to teach the students the foundations of asset valuation in competitive markets and the application of basic analytical tools in managing risk and return. We will study the characteristics of financial markets and financial instruments, the statistical analysis of portfolio risk and return.
Efficient Market Hypothesis, Valuation of risky and risk-free securities, Portfolio selection problem, Portfolio diversification, Portfolio analysis, Risk-free borrowing and lending in portfolio analysis, CAPM, Factor models, Arbitrage Pricing Theory , Option Pricing Theory.
ECON 505 FİNANCİAL ECONOMETRİCS (3 0 3)
The aim of this course is to increase the capabilty of students to analyze the economic hypothesis with statistical tools. Topics covered include the definition of Financial Econometrics, Index models, CAPM models, Time Series Analysis, Forecatsing of Returns, ARCH and GARCH models, Measurment of Risk, Nonlinear Econometric modelling, Panel data models.
ECON 507 RISK ANALYSIS AND MANAGEMENT (3 0 3)
The objective of this course is twofold. First objective is to familiarize the students with financial risks, how to measure and analyze the financial risks. The second objective is to teach how to control and manage financial risk by using derivative instruments. Topics covered in the course are: risk measurement, hedging instruments and hedging, risk management policies, and financial derivatives as a tool for risk management.
ECON 508 FINANCIAL DERIVATIVES (3 0 3)
This course intends to deepen the knowledge of its students in derivative markets so that they will be able to analyze the economic environments and crises better. Having equipped themselves in this field, students will be able to get enrolled in banks, companies and organized markets like stock exchange, or pursue an academic career on finance. Topics include the definition and application of derivatives and how hedging techniques can be made via these tools. The formation of portfolios consisting of options, forwards, futures, swaps and their combinations are studied. Pricing of these derivatives, especially options are examined in detail.
ECON 509 INTERNATİONAL FİNANCIAL MANAGEMENT (3 0 3)
The objective of the course is to introduce the students with the principles of international finance in a rapidly globalizing economical environment. We will study the characteristics of international financial markets and instruments, foreign exchange markets, currency risk, hedging from risk, international asset and liability management. More specifically: International Financial Environment , International Financial Markets and Institutions , Balance of Payments, Foreign Exchange Markets , Purchasing Power Parity and Fisher Effect , Interest Rate Parity , International Monetary Systems , Foreign Exchange Exposure , Foreign Exchange Futures and Options , International Capital Budgeting , Foreign Direct and Portfolio Investments , International Equity and Bond Markets , International Asset and Liability Management.
INTT 508 INTERNATIONAL COMMERCIAL AND FINANCIAL INSTITUTIONS (3 0 3)
This course examines the structures and operations of such international commercial and financial institutions as the WTO, IMF, World Bank, BIS, EBRD, etc., with an emphasis on their role of restoring external balance and promating economic development in individual countries with which they enter into relations in the form of formulating economic policies and providing financial resources.
MAN 513 FİNANCİAL MANAGMENT (3 0 3)
Financing functions and roles, changing and increasing importance of business finance; flow of funds; domestic and international financial markets; essential tools and concepts in managerial finance; financial analysis, planning, and control; securities, working capital, capital budget, cost of capital, interest, debt financing, leverage, stock financing, short-term and long-term financing, dividend policy, financial strategies and policies, mergers, acquisitions, joint ventures, and divestitures.
MAN 522 FINANCIAL MARKETS AND INSTITUTIONS (3 0 3)
An examination of participants, relationships and institutions and markets for all types of secretions. Analysis of financial intermediaries flow of funds, determinants of inverts rates, instruments financial markets.
MAN 101 INTRODUCTION TO BUSINESS (3 0 3)
Foundations of business and private enterprise system; forms of business ownership; basic business functions: marketing, accounting, finance, production, and human resources; management and organization; business and environment