BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS AND FINANCE | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| IF4313 | Derivative Markets | Fall | 3 | 0 | 3 | 6 |
Basic information
| Language of instruction: | English |
| Type of course: | Must Course |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Dr. Öğr. Üyesi BAHAR KÖSEOĞLU |
| Course Lecturer(s): |
Prof. Dr. ASLI YÜKSEL |
| Recommended Optional Program Components: | None |
| Course Objectives: | To provide a basic understanding of derivative-related financial instruments (forwards, futures and options) and their use in investment and corporate financial management. |
Learning Outcomes
|
The students who have succeeded in this course; I. To learn types of traders in derivative markets II. To understand mechanics of future and forward markets III. To learn the differences between future and forward contracts IV. to calculate prices of forward and future contracts V. To understand mechanics of option markets VI. To calculate price of option contracts VII. To learn currency swaps |
Course Content
| Future markets, forward markets, swaps, option market |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | Introduction | To read the related chapter in the text book |
| 2) | Mechanics of Futures Markets | To read the related chapter in the text book |
| 3) | Hedging strategies using futures | To read the related chapter in the text book |
| 4) | Hedging strategies using futures | To read the related chapter in the text book |
| 5) | Interest rates | To read the related chapter in the text book |
| 6) | Midterm I | To read the text book and lecture notes for the exam |
| 7) | Determinants of forward and future prices | To read the related chapter in the text book |
| 8) | Determinants of forward and future prices | To read the related chapter in the text book |
| 9) | Interest rate futures | To read the related chapter in the text book |
| 10) | Swaps | To read the related chapter in the text book |
| 11) | Swaps | To read the related chapter in the text book |
| 12) | Midterm II | To read the text book and lecture notes for the exam |
| 13) | Mechanics of option markets | To read the related chapter in the text book |
| 14) | Valuing stock options | To read the related chapter in the text book |
Sources
| Course Notes / Textbooks: | Text book: Fundamentals of Futures and Options Markets Author: John Hull Edition: 7th, 2011 Company: Pearson Education Limited |
| References: | Text book: Fundamentals of Futures and Options Markets Author: John Hull Edition: 7th, 2011 Company: Pearson Education Limited |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 2 | % 60 |
| Final | 1 | % 40 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 14 | 2 | 28 |
| Midterms | 2 | 25 | 50 |
| Final | 1 | 30 | 30 |
| Total Workload | 150 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 3 |
| 2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 3 |
| 3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 4 |
| 4) | Analyze the interventions of politics to the economics and vice versa. | 4 |
| 5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 4 |
| 6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 3 |
| 7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 3 |
| 8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 3 |
| 9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
| 10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 4 |