Information Package / Course Catalogue
| Course Code | : ML471 |
| Course Type | : Area Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
This course aims to teach the psychological and behavioral dimensions of financial decision-making processes. It provides students with knowledge about cognitive biases, emotions, and social factors that influence the decisions of individuals and investors. The assumptions of traditional finance theories are compared with behavioral finance approaches. Furthermore, irrational behaviors in financial markets and their effects on market outcomes are evaluated.
The course begins with the emergence and fundamental concepts of behavioral finance. Differences between traditional finance theories and behavioral finance approaches are examined. Cognitive biases, heuristic decision-making processes, and the effects of emotions on investment decisions are evaluated. Behavioral tendencies such as overconfidence, loss aversion, herd behavior, and framing effects are analyzed. In addition, financial market anomalies and the implications of behavioral finance for public policies and investment strategies are discussed.
| 1. | Explains the fundamental concepts and theoretical approaches of behavioral finance. |
| 2. | Analyzes cognitive biases in financial decision-making processes. |
| 3. | Evaluates the effects of emotions and social factors on investment behavior. |
| 4. | Interprets financial market anomalies from a behavioral finance perspective. |
| 5. | Applies behavioral finance findings to investment decisions and policy practices. |
| 1. | Ackert, L. F. & Deaves, R. Behavioral Finance: Psychology, Decision-Making, and Markets. Cengage Learning. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Presentation | 1 | %10 |
| Assignment | 1 | %10 |
| Midterm Examination | 1 | %20 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 4 | 3 | 98 |
| Midterm Examination | 1 | 10 | 1 | 11 |
| Final Examination | 1 | 10 | 1 | 11 |
| TOTAL WORKLOAD (hours) | 120 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | |
OÇ-1 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 4 | 4 | 5 |
OÇ-2 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 |
OÇ-3 | 4 | 5 | 4 | 5 | 4 | 5 | 5 | 4 | 5 | 4 |
OÇ-4 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 |
OÇ-5 | 5 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 5 | 4 |