ındıvıdual course descrıptıon

INDIVIDUAL COURSE DESCRIPTION
Course Unit Title
BEHAVIORAL FINANCE
Course Unit Code
Type of Course Unit (Compulsory, Optional)
Elective
Level of Course Unit (Short Cyle, First Cycle, Second Cycle, Third
Cycle)
Second Cycle
Number of ECTS Credits Allocated
10
Theoretical (hour/week)
3
Practice (hour/week)
3
Laboratory (hour/week)
Year of Study
1st Year
Semester when the course unit is delivered
1st Semester /Fall
Name of Lecturer(s)
Assist. Prof. Dr. Mehmet Karaçuka
Mode of Delivery (Face-To-Face, Distance Learning)
Face to Face
Language of Instruction (Turkish, English, German)
Turkish
Prerequisities and co-requisities (Ön Koşul olan dersler ya da bu
dersi başarmak için alınmış olması önerilen dersler varsa yazılması
gerekir. Ön koşul dersi yoksa “None” diye belirtilmesi gerekir.)
None
Recommended Optional Programme Components (Ders için
önerilen konular varsa yazılması, yoksa “None” diye belirtilmesi
gerekir.)
None
Work Placement(s) (Bu dersle ilgili herhangi bir staj uygulaması
varsa yazılması, yoksa “None” diye belirtilmesi gerekir.)
None
Objectives of the Course
The aim of this course is to teach the basic concepts of
behavioral finance as an alternative to efficient market
hypothesis.
Learning Outcomes
LO1. To be able to understand efficient market hypothesis,
LO2. To be able to understand the relationship between
finance and psychology,
LO3. To be able to understand the basic concepts and issues
in behavioral sciences,
LO4. To be able to explain how individuals’ characteristics
effect their investment decisions,
LO5. To be able to estimate investors’ behaviors in
financial markets.
Course Contents
Efficient Market Hypothesis, Basic Concepts of Behavioral
Finance, Psychological Processes that Effect Financial
Decisions, Price Anomaly, Overconfidence Behavior.
Weekly Detailed Course Contents (yarıyıllık dersler için arasınav
ve final sınavları dahil edilerek 16 haftalık, yıllık dersler için
arasınav ve final sınavları dahil edilerek 30 haftalık)
1.
2.
3.
4.
5.
6.
Week Efficient Market Hypothesis
Week Basic Concepts of Behavioral Finance
Week Development of Behavioral Finance
Week Behavioral Finance Models
Week Price Anomaly
Week Psychological Processes that Effect
Financial Decisions
7. Week Psychological Processes that Effect
Financial Decisions
8. Week Midterm
9. Week Self-Deception Bias
10. Week Emotional Bias
11. Week Cognitive Bias
12. Week Social Bias
13. Week Relationship Between Investors and Trading
Volume
14. Week Relationship Between Investors and Price
Changes
15. Week The Effects of Investors on General
Economic Indicators
16. Week Final Exam
Thaler, R.H(2005), Advances in Behavioral Finance,
Princeton University Press
Recommended or Required Reading
Barak O. (2008), Davranışsal Finans Teori Ve Uygulama;;
Gazi Kitapevi
ASSESSMENT
Term (or Year) Learning Activities
Weight, %
Contribution of Term (Year) Learning Activities to Success Grade
40
Contribution of Final Exam to Success Grade
60
100
TOTAL
Planned Learning Activities, Teaching Methods, Evaluation Methods and Student Workload
Activities
Quantity
Duration(hour)
Total Work Load(hour)
16
3
48
Study hours out of class
16
5
80
Presentations/ Seminar
2
2
4
Homework Assignments
16
4
64
Mid-Terms
a)Exam
b) Student’s preparation
1
25
2
2
2
50
Final
a)Exam
b) Student’s preparation
1
25
2
2
2
50
Course hours
Lab
Application
Special Course Internship
Field Work
Project
TOTAL
300
ECTS Credits
PO
1
300/30=10 ECTS
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
PO
13
LO1
5
5
5
5
5
LO2
5
5
5
5
5
LO3
5
5
5
5
5
LO4
5
5
5
5
5
3
5
5
5
PO
14