Information Of Programmes

GULSEHIR VOCATIONAL SCHOOL OF SOCIAL SCIENCES / GBN 223 - BANKING AND INSURANCE

Code: GBN 223

Course Title: FINANCIAL CRISES

Theoretical+Practice: 2+1

ECTS: 3

Year/Semester of Study

2 / Fall Semester

Level of Course

Short Cycle Degree Programme

Type of Course

Optional

Department

BANKING AND INSURANCE

Pre-requisities and Co-requisites

None

Mode of Delivery

Face to Face

Teaching Period

14 Weeks

Name of Lecturer

MEHMET UÇAR (mehmet.ucar@nevsehir.edu.tr)

Name of Lecturer(s)

Language of Instruction

Turkish

Work Placement(s)

None

Objectives of the Course

The aim of the course is to enable students to understand the causes of financial crises, their development processes and their effects on the economic system. Historical and current financial crises will be examined within the scope of the course, and the dynamics of the emergence of crises, contagion effects, policy responses and post-crisis recovery processes will be analyzed. In addition, it is aimed for students to gain knowledge and skills on precautions that can be taken against crises and risk management strategies.

Learning Outcomes		PO	MME
The students who succeeded in this course:
LO-1	Analyze the main causes and types of financial crises.	PO-1 1. Create enough background especially for economics, business management and its sub-branches.	Examination
LO-2	Compare and evaluate historical and current financial crisis examples.	PO-5 5. Know necessary information about banking profession both theoretically and practically.	Examination
LO-3	Interpret the effects of crises on financial markets and the real economy.	PO-6 6. Solve any problem they face in banking sector with their knowledge about banking. PO-7 7. Solve any problem they face in insurance sector with their knowledge about insurance.	Examination
PO: Programme Outcomes MME:Method of measurement & Evaluation

Course Contents
This course covers the definition of financial crises, their historical development and their effects on the economy. Concepts such as fragility in the financial system, speculative bubbles, liquidity crises and systemic risk are examined theoretically and practically. Various crisis models are evaluated within the framework of classical and modern financial crisis theories. Starting from the Great Depression of 1929, important historical crisis examples such as the Mexican Crisis of 1994, the Asian Crisis of 1997, the Turkish Crisis of 2001 and the Global Financial Crisis of 2008 are analyzed in detail. In addition, the effects of global contagion are discussed through the European Debt Crisis and crises in developing countries. Crisis forecasting methods, early warning systems and monetary and fiscal policies implemented against crises are also covered within the scope of the course. Financial crises experienced in the Turkish economy are specifically evaluated. The aim is to provide students with critical thinking skills about crisis management, regulatory reforms and the future of the financial system.
Weekly Course Content
Week	Subject	Learning Activities and Teaching Methods
1	Crisis and Financial Crisis	Lecture, Question and Answer, Discussion
2	Factors Affecting the Formation of Financial Crises	Lecture, Question and Answer, Discussion
3	Financial Crisis Indicators	Lecture, Question and Answer, Discussion
4	Types of Financial Crisis	Lecture, Question and Answer, Discussion
5	Financial Crisis Models	Lecture, Question and Answer, Discussion
6	Financial Crises and Country Experiences	Lecture, Question and Answer, Discussion
7	Crises of the 20th Century	Lecture, Question and Answer, Discussion
8	mid-term exam
9	Mexican Crisis	Lecture, Question and Answer, Discussion
10	East Asian Crisis	Lecture, Question and Answer, Discussion
11	Major Financial Crises in Turkey I	Lecture, Question and Answer, Discussion
12	Major Financial Crises in Turkey II	Lecture, Question and Answer, Discussion
13	2008 Global Crisis	Lecture, Question and Answer, Discussion
14	Basel Regulations in the Context of Financial Crises	Lecture, Question and Answer, Discussion
15	General Evaluation	Lecture, Question and Answer, Discussion
16	final exam
Recommend Course Book / Supplementary Book/Reading
1	Geçmişten Günümüze Finansal Krizler (1619-2014), Murat Kaykusuz. (NEVÜ kütüphanede e-kitap şeklinde bulunmaktadır.)
2	Finansal Krizler, Doç. Dr. Mehmet Ali POLAT, Gazi Kitabevi
Required Course instruments and materials
Textbook, Lecture Notes, Computer

Assessment Methods
Type of Assessment	Week	Hours	Weight(%)
mid-term exam	8	1	40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam	16	1	60

Student Work Load
Type of Work	Weekly Hours	Number of Weeks	Work Load
Weekly Course Hours (Theoretical+Practice)	3	14	42
Outside Class
a) Reading	1	14	14
b) Search in internet/Library	1	14	14
c) Performance Project			0
d) Prepare a workshop/Presentation/Report	1	4	4
e) Term paper/Project			0
Oral Examination			0
Quiz			0
Laboratory exam			0
Own study for mid-term exam	1	7	7
mid-term exam	1	1	1
Own study for final exam	1	7	7
final exam	1	1	1
			0
			0
Total work load;			90