BA5837 FINANCIAL MACROECONOMICS
| Course Code: | 3125837 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Assoc.Prof.Dr. ÇAĞRI TOPAL |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
This course aims to analyze how financial markets and financial institutions; financial systems as a whole, affect the macro economy. We discuss the risks to the macro economy due to the structure of financial systems. Moreover, the financial structure of the countries will be examined throughout the course. The course intends to focus on the empirics of the subjects that will be argued, with special emphasis on the different country examples.
Course Content
This course aims to analyze how financial markets and financial institutions, financial system as a whole, affect the macro economy. We briefly discuss the macroeconomic theories, and the risks to the macro economy due to the structure of financial systems. Moreover, the causes and effects of international financial crises, especially the banking crises and asset bubbles, will be examined throughout the course. The course intends to focus on not only the theories but also the empirics of the subjects that will be argued, with special emphasis on the different country examples.
Course Learning Outcomes
Upon successful completion of this course, students should be able to:
Course Specific Skills:
1. Demonstrate an understanding on the notion of financial macroeconomics and the interaction between finance and macroeconomics.
2. Demonstrate an understanding of the development of financial systems and the real economy.
3. Realize the empirical support for the theory of finance and macroeconomics relationship.
Discipline Specific Skills:
4. Interpret the effects of financial markets and financial structure to macro economy.
5. Demonstrate broad knowledge of literature and concepts on financial macroeconomics.
6. Understand research methodologies, analyze results and interpret empirical findings. Personal and Key Skills:
7. Develop critical reading and writing skills.
8. Develop communication and presentation skills.
9. Opportunity to participate in discussions.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management. | ✔ | |||
| 2 | They are capable of synthesizing the knowledge that they attained in the area of business administration with the knowledge base that they developed in their undergraduate specialisms. | ✔ | |||
| 3 | They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration. | ✔ | |||
| 4 | They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes. | ✔ | |||
| 5 | They are capable of applying, analyzing, synthesizing and evaluating the knowledge they developed in diverse fields efficiently. | ✔ | |||
| 6 | They are capable of transferring information by using efficient verbal and written communication techniques. | ✔ | |||
| 7 | They are capable of performing professional communication effectively also in English. | ✔ | |||
| 8 | They know methods of performing efficient teamwork. | ✔ | |||
| 9 | They are capable of understanding and synthesizing academic and scientific research in their areas and able to transform such research into useful knowledge. | ✔ | |||
| 10 | They have competence in all of the stages of scientific research and processes. | ✔ | |||
| 11 | They are knowledgeable in the areas of professional ethics and responsibility. | ✔ | |||
| 12 | They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts. | ✔ | |||
| 13 | They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values. | ✔ | |||
| 14 | They have a creative, innovative and critical perspective. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution