INTERNATIONAL TRADE AND LOGISTICS
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General Information about the Course

Course Code: IKU 937
Course Title: Behavioral Finance
Course Semester: 6. Semester / Spring
Course Credits:
Theoretical Practical Credit ECTS
2 0 2 3
Language of instruction: TR
Prerequisite of the course: No
Type of course: Non-Departmental Elective
Level of course:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Course Lecturer(s): Assistant Professor Ali Korhan Özen

Purpose and content of the course

Course Objectives: To introduce students to the basic concepts of behavioral finance and to show that psychological factors and processes play an active role in financial decisions. It is aimed to learn how individuals/businesses deviate from these assumptions while making decisions, and to comprehend the development and foundations of behavioral finance.
Course Objective: To investigate how concepts used to explain human behavior such as behavioral patterns, prejudices, beliefs and attitudes affect individual investor behavior, market dynamics and decision-making processes in businesses.
Mode of Delivery: E-Learning

Learning Outcomes

Knowledge (Described as Theoritical and/or Factual Knowledge.)
  1) Learning the assumptions of key financial theories and how they deviate in real life. Understanding the fundamentals of behavioral finance. Recognizing the psychological biases people use when making decisions. Understanding the anomalies businesses and markets face. To learn investment and trading strategies and the factors affecting these strategies.
Skills (Describe as Cognitive and/or Practical Skills.)
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)

Course Topics

Week Subject
Related Preparation Pekiştirme
1) Uncertainty-Risk and Financial decisions
2) Financial Decision Concept and Scope
3) Rational choice and expected utility
4) Factors Affecting Financial Decisions
5) Expected Utility Theory
6) Traditional Portfolio Management Approach
7) Modern Portfolio Theory
8) Efficient Markets Hypothesis
9) The Effect of Gender on Financial Risk Perceptions
10) Anomalies, Rumor and Speculation
11) Mental Accounting, Herd Behavior, and Price Bubbles
12) Decision Making Under Uncertainty
13) Investor Psychology and Sensitivity
14) An overview
References: Davranışsal Finans-Finansal Yatırım Kararlarının Davranışsal Temeli, Üzeyir Aydın, Büşra Ağan, Ekin Kitabevi Yayınları, 2017
Davranışsal Finans, Murat Kıyılar, Murat Akkaya, Literatür Yayınları, 2020
Yatırımcı Psikolojisi, John R. Nofsinger, Nobel Akademik Yayıncılık, 2021
Akıllı İnsanların Mantıksız Kararları, Richard H. Thaler, Pegasus Yayınları, 2019
Dürtme, Cass R. Sunstein, Richard H. Thaler, Pegasus Yayınları, 2018

Ders - Program Öğrenme Kazanım İlişkisi

No Effect 1 Lowest 2 Average 3 Highest
       
Ders Öğrenme Kazanımları

1

Program Outcomes
1) 1. Comprehends the theoretical background of international trade and operational information such as import, export, foreign exchange, customs and logistics.
2) 2. Defines business culture and marketing interaction in globalizing capital, labor and goods trade.
3) 3. Follows the global and national basic regulations related to international trade.
4) 4. Analyzes international economic and commercial developments.
5) 5. Defines the problems related to logistics, gains the ability to offer solutions.
6) 6. Gain the ability to use computer and information systems and software used in international commercial operations and data analysis.
7) 7. Gain research skills and analytical thinking skills.
8) 8. Determines the processes and results of the projects to be taken, considers cause-effect relationships, develops a strategic approach
9) 9. Determines the vision, goals and objectives of the institution in the areas in which it is assigned.
10) 10. Obtains information from different sources and has the ability to analyze and uses initiative.
11) 11. He/she is focused on continuous improvement and innovative in his/her field.
12) 12. He/she communicates his/her thoughts in a way that others can understand, communicates horizontally and vertically, and has high persuasion power.
13) 13. Has leadership characteristics and is close to teamwork.
14) 14. Gains B2 level knowledge in at least one foreign language within the scope of European Language Portfolio Independent User and uses these qualifications in oral and written communication.
15) 15. Organizes and implements projects and activities for the social environment in which they live, with a sense of social responsibility.
16) 16. Acts in accordance with social, scientific, cultural and ethical values in various fields of international trade.
17) 17. It analyzes the relations with the stakeholders, monitors the developments and innovations in the field, questions the position of the institution and offers suggestions.
18) 18. Has sufficient awareness of the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety.

Course Teaching, Learning Methods

Q & A
Case Problem Solving/ Drama- Role/ Case Management
Laboratory
Quantitative Problem Solving
Fieldwork
Group Study / Assignment
Individual Assignment
WEB-based Learning
Internship
Practice in Field
Project Preparation
Report Writing
Seminar
Supervision
Social Activity
Occupational Activity
Occupational Trip
Application (Modelling, Design, Model, Simulation, Experiment et.)
Reading
Thesis Preparation
Field Study
Student Club and Council Activities
Other
Logbook
Interview and Oral Conversation
Research
Watching a movie
Bibliography preparation
Oral, inscribed and visual knowledge production
Taking photographs
Sketching
Mapping and marking
Reading maps
Copying textures
Creating a library of materials
Presentation

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Practice Exam % 0
Quizzes % 0
Homework Assignments % 0
Presentation % 0
Project % 0
Special Course Internship (Work Placement) % 0
Field Study % 0
Article Critical % 0
Article Writing % 0
Module Group Study % 0
Brainstorming % 0
Role Playing + Dramatizing % 0
Out of Class Study % 0
Preliminary Work, Reinforcement % 0
Application Repetition etc. % 0
Homework (reading, writing, watching movies, etc.) % 0
Project Preparation + Presentation % 0
Report Preparation + Presentation % 0
Presentation / Seminar Preparation + Presenting % 0
Oral examination % 0
Midterms 1 % 40
Final 1 % 60
Report Submission % 0
Bütünleme % 0
Kanaat Notu % 0
Committee % 0
Yazma Ödev Dosyası % 0
Portfolio % 0
Take-Home Exam % 0
Logbook % 0
Discussion % 0
Participation % 0
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Calculation of Workload and ECTS Credits

Activities Number of Activities Workload
Course Hours 14 28
Laboratory
Application
Practice Exam
Special Course Internship (Work Placement)
Field Work
Study Hours Out of Class
Article Critical
Article Writing
Module Group Study
Brainstorming
Role Playing + Dramatizing
Out-of-Class Study (Pre-study, Reinforcement, Practice Review, etc.)
Homework (reading, writing, watching movies, etc.)
Project Preparation + Presentation
Report Preparation + Presentation
Presentation / Seminar Preparation + Presenting
Oral examination
Preparing for Midterm Exams
MIDTERM EXAM (Visa)
Preparing for the General Exam
GENERAL EXAM (Final)
Participation
Discussion
Portfolio
Take-Home Exam
Logbook
Total Workload 28
ECTS (30 saat = 1 AKTS ) 0