An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

An introduction to the analysis of the economy as a whole; overview of macroeconomic issues, such as the determination of output, unemployment, inflation, and interest rates; basic models of macroeconomics and illustration of basic principles with examples from Türkiye and other countries; economic fluctuations and stabilization policies; long-run economic growth; money and monetary policy; government spending, taxes, and fiscal policy.

Conceptual foundations and modeling tools towards an understanding of economic decisions and interactions; theory of the consumer: preferences and utility maximization, with application to different choice contexts; theory of the firm: profit maximization, cost minimization; market equilibrium with perfect competition, monopoly, and oligopoly; markets for factor of production; introduction to general equilibrium and welfare; public goods and externalities; basic concepts of game theory and strategic interaction; information and market failure.

Conceptual foundations and modeling tools towards an understanding of economic decisions and interactions; theory of the consumer: preferences and utility maximization, with application to different choice contexts; theory of the firm: profit maximization, cost minimization; market equilibrium with perfect competition, monopoly, and oligopoly; markets for factor of production; introduction to general equilibrium and welfare; public goods and externalities; basic concepts of game theory and strategic interaction; information and market failure.

Real and financial sides of the aggregate economy; determinants of long-term economic growth and the Solow growth model; the business cycle and the behavior of aggregate consumption, savings, investment , and unemployment; aggregate price dynamics and inflation; monetary and fiscal policies in the context of IS-LM framework; open economy: real exchange rate and balance of payments. Impact of financial crises and macroeconomic policy response.

Real and financial sides of the aggregate economy; determinants of long-term economic growth and the Solow growth model; the business cycle and the behavior of aggregate consumption, savings, investment , and unemployment; aggregate price dynamics and inflation; monetary and fiscal policies in the context of IS-LM framework; open economy: real exchange rate and balance of payments. Impact of financial crises and macroeconomic policy response.

Methods used for empirical examination of economic phenomena. Linear regression: least squares, goodness of fit, prediction; classical regression model; properties of estimators; links between models and economic theory; functional form; interpretation of regression results. Inference; confidence intervals and hypothesis testing; introduction to econometric packages and applications using data from economics and business; implications of relaxing the assumptions of the classical regression model.

Methods used for empirical examination of economic phenomena. Linear regression: least squares, goodness of fit, prediction; classical regression model; properties of estimators; links between models and economic theory; functional form; interpretation of regression results. Inference; confidence intervals and hypothesis testing; introduction to econometric packages and applications using data from economics and business; implications of relaxing the assumptions of the classical regression model.

Analysis of strategic interactions that commonly arise in economic, business, political, and judicial arenas. A systematic introduction to game theory and some of its applications, such as market competition, technological races, auctions, party competition for votes, and bargaining.

Principles of taxation and the role of government: excess burden and optimal taxation; voting and its relevance for public finance; redistribution of income and wealth; inflation and public finance. Welfare economics. Analysis of public sector decision making and privatization. Project evaluation and cost-benefit analysis.

Theoretical and empirical examination of commercial bank operations with specific reference to the Turkish Banking industry. Money supply and demand; the role of commercial banks in the economy and their regulation by monetary authorities; stability of the financial system; bank contracts and their pricing and management with respect to interest rates; inflation and credit risk; securitization of bank assets; factors behind the rapidly growing non-bank sources of corporate funds; the future of banking.

Theoretical and empirical examination of commercial bank operations with specific reference to the Turkish Banking industry. Money supply and demand; the role of commercial banks in the economy and their regulation by monetary authorities; stability of the financial system; bank contracts and their pricing and management with respect to interest rates; inflation and credit risk; securitization of bank assets; factors behind the rapidly growing non-bank sources of corporate funds; the future of banking.

Topics will be announced when offered.

Consumer theory; production theory; general equilibrium and welfare.

Key issues in bank management and the role of commercial banks in the financial system. Major risks faced by banks, spot lending and asymmetric information, credit rationing, syndicated loans, off–balance sheet banking, risk management techniques used by banks, financial fragility, bankruns, and bank regulation (capital adequacy regulation, Basel regulation rules, liquidity regulation, resolution of failed banks). Financial crisis and its consequences.

Key issues in bank management and the role of commercial banks in the financial system. Major risks faced by banks, spot lending and asymmetric information, credit rationing, syndicated loans, off–balance sheet banking, risk management techniques used by banks, financial fragility, bankruns, and bank regulation (capital adequacy regulation, Basel regulation rules, liquidity regulation, resolution of failed banks). Financial crisis and its consequences.

Conceptual and empirical understanding of the globalization of business in an era of turbulence and uncertainty. Discovering the tools of global business including international trade, foreign direct investments, foreign exchange and regional integration. Building up the foundations of a global business strategy with a focus on entering foreign markets, global entrepreneurship, managing competition, analyzing market potential with a focus on emerging markets, esp. Asia. Exploring the dynamics of becoming a global corporate citizen by managing cultural differences, dealing with geopolitical risks, and formulating social responsibility initiatives

Analysis of special corporate finance topics including dividend policy, capital structure, leasing, option valuation, risk management, mergers, and acquisitions.

Analysis of special corporate finance topics including dividend policy, capital structure, leasing, option valuation, risk management, mergers, and acquisitions.

Introduction to the process of investing in financial securities; overview of the investment decision-making process; analysis of securities markets and trading practices; asset pricing under the capital asset pricing and the arbitrage pricing models; principles of modern portfolio theory; performance measurement techniques; asset allocation strategies; introduction to fixed income and derivative securites, risk management strategies.

Introduction to the process of investing in financial securities; overview of the investment decision-making process; analysis of securities markets and trading practices; asset pricing under the capital asset pricing and the arbitrage pricing models; principles of modern portfolio theory; performance measurement techniques; asset allocation strategies; introduction to fixed income and derivative securites, risk management strategies.

Structure of financial markets and financial intermediaries; interest rates and security valuation; central banking system and monetary policy; securities markets including money, capital, foreign exchange, and derivatives markets; commercial banking and other depository institutions; institutional investors, including investment banks, insurance companies, mutual funds, and pension funds; introduction to financial risk management.

Structure of financial markets and financial intermediaries; interest rates and security valuation; central banking system and monetary policy; securities markets including money, capital, foreign exchange, and derivatives markets; commercial banking and other depository institutions; institutional investors, including investment banks, insurance companies, mutual funds, and pension funds; introduction to financial risk management.