finansphd.ss.ieu.edu.tr
Course Name | |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
Spring |
Prerequisites | None | |||||
Course Language | ||||||
Course Type | Required | |||||
Course Level | - | |||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | ||||||
Course Coordinator | - | |||||
Course Lecturer(s) | - | |||||
Assistant(s) | - |
Course Objectives | |
Learning Outcomes | The students who succeeded in this course;
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Course Description |
| Core Courses | |
Major Area Courses | ||
Supportive Courses | ||
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | One period General equilibrium | Chapter 1 in HY and other sources |
2 | One period General equilibrium | Chapter 1 in HY and other sources |
3 | One period General equilibrium | Chapter 1 in HY and other sources |
4 | Two period General equilibrium | Chapter 2 in HY and other sources |
5 | Two period General equilibrium | Chapter 2 in HY and other sources |
6 | Two period General equilibrium | Chapter 2 in HY and other sources |
7 | Difference Equations | Appendix 1 in HY and other sources |
8 | Differential Equations \ Midterm | |
9 | Overlapping GenerationsModeling | Chapter 3 in HY and other sources |
10 | Overlapping GenerationsModeling | Chapter 3 in HY and other sources |
11 | Neoclassical growth theory | Chapter 1 in HY2 and other sources |
12 | Neoclassical growth theory | Chapter 2 in HY2 and other sources |
13 | Neoclassical growth theory | Chapter 3 in HY2 and other sources |
14 | Neoclassical growth theory | Chapter 4 in HY2 and other sources |
15 | Review | |
16 | Review of the Semester |
Course Notes/Textbooks | David Romer (DR), Advanced Macroeconomics McGrawHill Irwin, Third Edition 2006; FabioCesare Bagliano and Giuseppe Bertola (FG), Models for Dynamic Macroeconomics Oxford University Press, First Edition 2007; Peter Birch Sorensen and Hans Jorgen WhittaJacobsen (SW), Introducing Advanced Macroeconomics: Growth and Business Cycles Mc Graw Hill Education, 2005; Hakan Yetkiner (HY), Advanced Macroeconomics, unpublished manuscript. |
Suggested Readings/Materials | Attanasio, O. P. “Consumption,” Chapter 11 in J. Taylor and M. Woodford, (eds.) Handbook of Macroeconomics, Elsevier, Amsterdam, 1999. / Ando, A. and F. Modigliani, "The LifeCycle Hypothesis of Savings: Aggregate Implications and Tests," American Economic Review, 1963. / Friedman, M., A Theory of the Consumption Function, Chapters 13, Princeton University Press, 1963. / Hall, R.E., "Stochastic Implications of the Life CyclePermanent Income Hypothesis: Theory and Evidence," Journal of Political Economy, 1978. / Carroll, Christopher D, Kimball, Miles S, 1996. "On the Concavity of the Consumption Function," Econometrica, Econometric Society, vol. 64(4), pages 98192, July. / Campbell, J.Y. and A. Deaton, "Why is Consumption so Smooth?" Review of Economic Studies, 1987. / Campbell, J.Y. and N.G. Mankiw, "Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence," NBER Macroeconomics Annual, 1989. / Fuhrer, J.C., “Habit formation in Consumption and its Implications for Monetary Policy Models,” American Economic Review, 2000. / Krueger D. and FernandezVillaverde J. (2002), Consumption over the Life Cycle: Some Facts from Consumer Expenditure Survey Data. / Caballero, R.J., “Aggregate Investment,” Chapter 12 in Taylor and Woodford. Jorgenson, D.W., "Capital Theory and Investment Behavior," American Economic Review, 1963. / Lucas, R.E., "Adjustment Costs and the Theory of Supply," Journal of Political Economy, 1967. / Gould, J.P., "Adjustment Costs in the Theory of Investment of the Firm," Review of Economic Studies, 1968. / Hayashi, F., "Tobin's Marginal and Average q: A Neoclassical Interpretation," Econometrica, 50, 1982. / Abel, A., "Dynamic Effects of Permanent and Temporary Tax Policies in a q Model of Investment," Journal of Monetary Economics, 1982. / Dixit, A.K. and R.S. Pindyck, Investment Under Uncertainty, Chapters 1 and 2, 1994. / Sargent, T.J. and N. Wallace, "Rational Expectations and the Theory of Economic Policy," Journal of Monetary Economics, 1976. / McCallum, B.T., "Rational Expectations and Macroeconomic Stabilization Policy," Journal of Money, Credit, and Banking, 1980. / Taylor, J.B., "Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations," Econometrica, 1977 |
Semester Activities | Number | Weigthing |
Participation | ||
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | ||
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exam | ||
Midterm | 1 | 50 |
Final Exam | 1 | 50 |
Total |
Weighting of Semester Activities on the Final Grade | 50 | |
Weighting of End-of-Semester Activities on the Final Grade | 50 | |
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
Study Hours Out of Class | 16 | 6 | |
Field Work | |||
Quizzes / Studio Critiques | |||
Portfolio | |||
Homework / Assignments | |||
Presentation / Jury | |||
Project | |||
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 40 | |
Final Exams | 1 | 40 | |
Total | 224 |
# | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | Developing scientific expertise and capabilities in the field of finance through using creative and critical thinking and research skills; innovatively contribute to the discipline by new ideas and definitions based on the graduate level qualifications. | |||||
2 | Comprehending the interaction across various disciplines related to the field of finance, reaching at original conclusions by using new and complex analysis, synthesis and evaluation skills. | |||||
3 | Developing and championing new approaches to contribute the field of finance through apprehending the research methods. | |||||
4 | Contributing to the science of finance through developing new methods or implementing an existing method to a different field through investigating, comprehending, designing original topics. | |||||
5 | Conducting independent research, analyzing scientific phenomenon through broad, deep and critical perspective, arriving at new syntheses and evaluations in the discipline of finance. | |||||
6 | Publishing scientific articles in reputable refereed national and international journals, presenting papers in scientific conferences in the field of finance and its sub-disciplines. | |||||
7 | Following, attending and organizing national and international events such as conferences, seminars and panels to keep up with developments and create new solutions to the problems in the field of finance. | |||||
8 | Following pioneering and innovative theories and methods in the field of finance and implementing them in analysis and research. | |||||
9 | Developing creative solutions to the social, scientific and ethical issues within the scope of finance and business life and extending values that supports these solutions. | |||||
10 | Being able to use English fluently for both comprehending and publishing scientific publications and developing proper communication. |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest