Information Package / Course Catalogue
Behavioral Finance
Course Code: EFN542
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The aim of this course is to explain the concept of behavioral economics, to ensure assimilation methods and methods and to improve decision-making under uncertainty and risk and the perception of the probability

Course Content

Conceptual description , Bayesian Theory, availability heuristic, curse ofknowledge, representativeness, small numbers rule, tend to approve, the decision-making under risk and uncertainty, the relationship between experimental economics and behavioral economics.

Name of Lecturer(s)
Lec. Durmuş SEZER
Learning Outcomes
1.To be able to understand concept of behavioral economics
2.To be able to think with the concepts of behavioral economics and experimental economics
3.To be able to comprehend the relationship between economics and psychology disciplines.
4.Students will be able to explain the relationships between facts with an analytical structure.
5.Students will be able to learn the theoretical knowledge they learned in practice in practical life.
Recommended or Required Reading
1.Davranışsal Finans ; Ekrem Tufan; İmaj yayınevi
2.Introduction to Behavioral Economics Nick Wilkinson (2007)
Weekly Detailed Course Contents
Week 1 - Theoretical
Development and development of behavioral finance approach
Week 2 - Theoretical
Effective Market Hypothesis, Price Anomalies, Self Attribution Tendency And Excess Confidence
Week 3 - Theoretical
Trust Approach, Trust Approach and Benefit Relationship
Week 4 - Theoretical
Judicial Inaccuracies
Week 5 - Theoretical
Excessive Reaction and Inadequate Reaction Trends, Transactions with Investors in the Market
Week 6 - Theoretical
The Relationship Between Market Investors and Price Changes
Week 7 - Theoretical
Impact of Market Investors on General Economic Indicators
Week 8 - Intermediate Exam
Midterm exam
Week 9 - Theoretical
Bayesian Theory
Week 10 - Theoretical
Availability heuristic
Week 11 - Theoretical
Curse of knowledge
Week 12 - Theoretical
Small numbers rule
Week 13 - Theoretical
The decision-making under risk and uncertainty
Week 14 - Theoretical
The relationship between experimental economics and behavioral economics
Week 15 - Theoretical
Representativeness
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work35324
Midterm Examination112113
Final Examination116117
TOTAL WORKLOAD (hours)124
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
OÇ-1
3
4
3
5
5
4
3
3
3
OÇ-2
4
5
4
3
5
4
5
4
3
OÇ-3
4
3
5
4
3
5
4
3
4
OÇ-4
3
5
4
3
5
4
3
4
5
OÇ-5
4
3
5
4
3
5
4
5
4
Adnan Menderes University - Information Package / Course Catalogue
2026