| ACTUARIAL SCIENCE (TURKISH, NON-THESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO5103 | Money and Banking | Fall | 3 | 0 | 3 | 8 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | E-Learning |
| Course Coordinator : | HANDE SAĞLAM |
| Course Objectives: | The goal of the course is to help students learn these basic principles and issues so well that they can thereafter understand and participate intelligently in discussions of money and banking matters, including monetary history, monetary policy, banking regulation, interest rates, inflation and deflation. This course aims to give students a sound framework on which to build their continued learning. |
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The students who have succeeded in this course; Describe the markets and institutions Describe the financial system and the role of market regulation Analyze how interest rates affect the financial markets Explain the money supply process and how the Cenral Bank influences that process |
| This course examines money and banking including the financial markets, financial institutions, the money supply process, the Cenral Bank System, and the conduct of monetary policy and monetary theory. |
| Week | Subject | Related Preparation | |
| 1) | Financial Systems, Interest Rates, Market Efficiency 1 | ||
| 2) | Financial Systems, Interest Rates, Market Efficiency 2 | ||
| 3) | Financial Systems, Interest Rates, Market Efficiency 3 | ||
| 4) | External Financing, Asymmetric Information and Innovation 1 | ||
| 5) | External Financing, Asymmetric Information and Innovation 2 | ||
| 6) | External Financing, Asymmetric Information and Innovation 3 | ||
| 7) | Financial Regulation 1 | ||
| 8) | Financial Regulation 2 | ||
| 9) | Central Bank and Money supply 1 | ||
| 10) | Central Bank and Money supply 2 | ||
| 11) | Monetary Policy | ||
| 12) | Theories and Models 1 | ||
| 13) | Theories and Models 2 | ||
| 14) | Inflation, Money and New Models | ||
| 15) | Final Exam | ||
| Course Notes: | Ball, Laurence; Money, Banking and Financial Markets, Worth Publishers, 2009 |
| References: | The Economics of Money, Banking and Financial Markets, by Frederic Mishkin, 10/E Money, Banking and Financial Markets, by Stephen Cecchetti |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 0 | % 0 |
| Laboratory | 0 | % 0 |
| Application | 0 | % 0 |
| Field Work | 0 | % 0 |
| Special Course Internship (Work Placement) | 0 | % 0 |
| Quizzes | 0 | % 0 |
| Homework Assignments | 2 | % 20 |
| Presentation | 0 | % 0 |
| Project | 1 | % 30 |
| Seminar | 0 | % 0 |
| Midterms | 0 | % 0 |
| Preliminary Jury | 0 | % 0 |
| Final | 1 | % 50 |
| Paper Submission | 0 | % 0 |
| Jury | 0 | % 0 |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 20 | |
| PERCENTAGE OF FINAL WORK | % 80 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 14 | 5 | 70 |
| Presentations / Seminar | 0 | 0 | 0 |
| Project | 13 | 3 | 39 |
| Homework Assignments | 11 | 2 | 22 |
| Quizzes | 0 | 0 | 0 |
| Preliminary Jury | 0 | 0 | 0 |
| Midterms | 0 | 0 | 0 |
| Paper Submission | 0 | 0 | 0 |
| Jury | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
| Total Workload | 175 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Acquire the quantitative skills to become an actuary. | |
| 2) | Will know about risks and ways to manage risk. | |
| 3) | Will know about financial planning and its role in actuarial management. | |
| 4) | Will be able to design new products and carry profitability tests and scenario analyses. | |
| 5) | Besides gaining competence in theoretical subjects, the graduate will also be aware of practical issues and applications through lecturers and instructors who have market experience. | |
| 6) | Will be able to follow all innovations and carry on research on the particular area. | |
| 7) | Will share information with colleagues and will use it for project development.. | |
| 8) | Will be able to apply and make the necessary adaptation to all new rules and regulations. |