ECON630 FINANCIAL THEORY AND CORPORATE POLICY
| Course Code: | 3110630 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | PhD |
| Course Coordinator: | Assoc.Prof.Dr. IŞIL EROL |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
Course Content
This course is designed to provide the students a thorough knowledge of financial theory and corporate policy through the study of the interaction between individuals, corporations and the macro-economy. The first part of the course covers investment decision under certainty, the term structure of interest rates, the investor choice under uncertainty, portfolio theory and equilibrium asset pricing models. The second part focuses on the applications of financial theory to corporate policy issues such as the cost of capital, capital structure, dividend policy and option pricing.
Course Learning Outcomes
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | Advanced 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; | ✔ | |||
| 2 | Competency in asking the right research questions; | ✔ | |||
| 3 | Develop 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; | ✔ | |||
| 4 | Follow the recent developments in application methods and techniques, be competent in informatics and communication technologies, perform economic analysis through softwares used in economics, or be able to write a programming code for specific problems; | ✔ | |||
| 5 | Ability 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; | ✔ | |||
| 6 | Follow the literature in the field, and renew and update the knowledge and skills gained during the program of study; | ✔ | |||
| 7 | Conceive the interdisciplinary interaction which the field is related with; come up with original solutions by using knowledge requiring proficiency on analysis, synthesis and assessment of new and complex ideas; efficient use of time; demonstrate leadership in contexts requiring innovative and interdisciplinary problem solving; | ✔ | |||
| 8 | Contribute 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; | ✔ | |||
| 9 | Broaden the borders of the knowledge in the field by producing or interpreting an original work or publishing at least one scientific paper in the field in national and/or international refereed journals; | ✔ | |||
| 10 | Ability to communicate and discuss orally, in written and visually with peers by using a foreign language; | ✔ | |||
| 11 | Contribute to the transition of the community to an information society and its sustainability process by introducing scientific, technological, social or cultural improvements; | ✔ | |||
| 12 | Be concious of academic and vocational ethics; | ✔ | |||
| 13 | Ability and competence to work and conduct research with national and international research groups and partnerships; | ✔ | |||
| 14 | Defend 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