ECON634 FINANCIAL ECONOMICS II

Course Code:3110634
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Economics
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Assoc.Prof.Dr. ESMA GAYGISIZ LAJUNEN
Offered Semester:Fall and Spring Semesters.

Course Objectives


Course Content

This course covers range of advanced topics in financial economics. It elaborates on the informational aspects in financial decision making and explores financial equilibria with symmetric and asymmetric information both in complete and incomplete financial markets. The course also focuses on the limits to arbitrage and financial frictions associated with transaction costs, liquidity, financial constraints, limited participation and limited commitment.


Course Learning Outcomes


Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1Advanced level of knowledge on the theory of economics and economic indicators, competency in modelling, analysis and application of economic theories using advanced mathematical and econometric techniques;
2Competency in asking the right research questions;
3Develop an innovative knowledge, method, design and/or practice or adapt an already known knowledge, method, design and/or practice to another field; research, conceive, design, adapt and implement an original subject;
4Conceive the interdisciplinary interaction which the field is related with; efficient use of time; demonstrate leadership in contexts requiring innovative and interdisciplinary problem solving;
5Ability in thouroughly explaining the impact of economic policies on individuals, markets and countries with the help of the theoretical background achieved during program of study;
6Contribute to the progression in the field by producing an innovative idea, skill, and/or practice or by adapting an already known idea, skill, and/or practice to a different field independently;
7Contribute to the transition of the community to an information society and its sustainability process by introducing scientific, technological, social or cultural improvements;
8Ability and competence to work and conduct research with national and international research groups and partnerships;
9Defend original views when exchanging ideas in the field with professionals and communicate effectively by showing competence in the field.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution