Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| ECONOMIC EVALUATION TECHNIQUES | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Second Cycle (Master's Degree) |
| Course Type | Elective |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | The aim of the course is to enable students to master the basic concepts of firm valuation. |
| Course Content | This course contains; Introduction to Valuation,Introduction to Valuation 2,Value Concept and Company Valuation,Main Factors Affecting Company Value,Valuation (Revenue) Approach with Reduced Cash Flows,Relative Valuation (Market) Approach,Accounting Based Valuation (Cost) Approach,Conditional Valuation (Option) Valuation Approach,Alternative Company Valuation Methods,Comprehensive Company Valuation Practices,Readings on Strategic Finance,Readings on Strategic Finance 2,Readings on Company Valuation,Readings on Company Valuation 2. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explains valuation concept. | 10, 16, 9 | A |
| 1.1. Explains the basic headings of the concept of valuation. | 10, 16, 9 | A |
| 1.2. Understands the points of view of value. | 10, 16, 9 | A |
| 2. Explains valuation methods | 10, 16, 9 | A |
| 2.1. Explains basic types of financial valuation. | 10, 16, 9 | A |
| 2.2. Explain the difference between types of financial valuation. | 10, 16, 9 | A |
| 3. Makes economic evaluation and technological evaluation in the financial sector. | 10, 16, 9 | A |
| 3.1. Conducts economic evaluation in financial sector services. | 10, 16, 9 | A |
| 3.2. Conducts technological evaluation in the financial sector. | 10, 16, 9 | A |
| 4. Explains economic evaluation cost effectiveness, cost benefit, cost minimization and cost utility methods. | 10, 16, 9 | A |
| 4.1. Economic evaluation learns cost effectiveness, cost benefit and cost minimization. | 10, 16, 9 | A |
| 4.2. Explains cost minimization and cost utilization methods in economic evaluation. | 10, 16, 9 | A |
| 5. Explains the functioning of the economic evaluation process. | 10, 16, 9 | A |
| 5.1. Explains risk analysis in economic evaluation. | 10, 16, 9 | A |
| 5.2. Explains to make decisions from economic evaluation. | 10, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Valuation | Examination of academic studies on the subject. |
| 2 | Introduction to Valuation 2 | Examination of academic studies on the subject. |
| 3 | Value Concept and Company Valuation | Examination of academic studies on the subject. |
| 4 | Main Factors Affecting Company Value | Examination of academic studies on the subject. |
| 5 | Valuation (Revenue) Approach with Reduced Cash Flows | Examination of academic studies on the subject. |
| 6 | Relative Valuation (Market) Approach | Examination of academic studies on the subject. |
| 7 | Accounting Based Valuation (Cost) Approach | Examination of academic studies on the subject. |
| 8 | Conditional Valuation (Option) Valuation Approach | Examination of academic studies on the subject. |
| 9 | Alternative Company Valuation Methods | Examination of academic studies on the subject. |
| 10 | Comprehensive Company Valuation Practices | Examination of academic studies on the subject. |
| 11 | Readings on Strategic Finance | Examination of academic studies on the subject. |
| 12 | Readings on Strategic Finance 2 | Examination of academic studies on the subject. |
| 13 | Readings on Company Valuation | Examination of academic studies on the subject. |
| 14 | Readings on Company Valuation 2 | Examination of academic studies on the subject. |
| Resources |
| Course notes, Şirket Değerleme Yaklaşımları, Barış Sipahi, Serhat Yanık, Yusuf Aytürk, Seçkin Yayınevi, 2016 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | (S)he uses theoretical knowledge in health economics | X | |||||
| 2 | (S)he analyses and interprets empirical studies in health economics. | X | |||||
| 3 | (S)he proposes policies at both micro and macro level in the face of problems in health economics. | X | |||||
| 4 | (S)he uses mathematical and statistical methods that are necessary for health economics. | X | |||||
| 5 | (S)he uses at least one computer program utilized for analyses in health economics (SPSS, Eviews, STATA, R ve MATLAB). | ||||||
| 6 | (S)he has the management culture required to solve existing and potential problems encountered in practice. | X | |||||
| 7 | (S)he develops both individual- and team-work based qualified projects. | X | |||||
| 8 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | X | |||||
| 9 | (S)he shares (her) his opinions and suggestions relying on quantitative and qualitative data with relevant parties (bureaucrats, experts, business people, bankers etc.) through a social conscience. | X | |||||
| 10 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language. | ||||||
| 11 | (S)he processes professional information in light of ethical values and social rights. | X | |||||
| 12 | (S)he can contribute to health economics based on the proficiency (s)he obtained in the field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 28 | 3 | 84 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 3 | 40 | 120 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 1 | 20 | 20 | |||
| General Exam | 1 | 20 | 20 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 244 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(244/30) | 8 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| ECONOMIC EVALUATION TECHNIQUES | - | Spring Semester | 3+0 | 3 | 8 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Second Cycle (Master's Degree) |
| Course Type | Elective |
| Course Coordinator | Prof.Dr. Hasan DİNÇER |
| Name of Lecturer(s) | Prof.Dr. Hasan DİNÇER |
| Assistant(s) | |
| Aim | The aim of the course is to enable students to master the basic concepts of firm valuation. |
| Course Content | This course contains; Introduction to Valuation,Introduction to Valuation 2,Value Concept and Company Valuation,Main Factors Affecting Company Value,Valuation (Revenue) Approach with Reduced Cash Flows,Relative Valuation (Market) Approach,Accounting Based Valuation (Cost) Approach,Conditional Valuation (Option) Valuation Approach,Alternative Company Valuation Methods,Comprehensive Company Valuation Practices,Readings on Strategic Finance,Readings on Strategic Finance 2,Readings on Company Valuation,Readings on Company Valuation 2. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Explains valuation concept. | 10, 16, 9 | A |
| 1.1. Explains the basic headings of the concept of valuation. | 10, 16, 9 | A |
| 1.2. Understands the points of view of value. | 10, 16, 9 | A |
| 2. Explains valuation methods | 10, 16, 9 | A |
| 2.1. Explains basic types of financial valuation. | 10, 16, 9 | A |
| 2.2. Explain the difference between types of financial valuation. | 10, 16, 9 | A |
| 3. Makes economic evaluation and technological evaluation in the financial sector. | 10, 16, 9 | A |
| 3.1. Conducts economic evaluation in financial sector services. | 10, 16, 9 | A |
| 3.2. Conducts technological evaluation in the financial sector. | 10, 16, 9 | A |
| 4. Explains economic evaluation cost effectiveness, cost benefit, cost minimization and cost utility methods. | 10, 16, 9 | A |
| 4.1. Economic evaluation learns cost effectiveness, cost benefit and cost minimization. | 10, 16, 9 | A |
| 4.2. Explains cost minimization and cost utilization methods in economic evaluation. | 10, 16, 9 | A |
| 5. Explains the functioning of the economic evaluation process. | 10, 16, 9 | A |
| 5.1. Explains risk analysis in economic evaluation. | 10, 16, 9 | A |
| 5.2. Explains to make decisions from economic evaluation. | 10, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Introduction to Valuation | Examination of academic studies on the subject. |
| 2 | Introduction to Valuation 2 | Examination of academic studies on the subject. |
| 3 | Value Concept and Company Valuation | Examination of academic studies on the subject. |
| 4 | Main Factors Affecting Company Value | Examination of academic studies on the subject. |
| 5 | Valuation (Revenue) Approach with Reduced Cash Flows | Examination of academic studies on the subject. |
| 6 | Relative Valuation (Market) Approach | Examination of academic studies on the subject. |
| 7 | Accounting Based Valuation (Cost) Approach | Examination of academic studies on the subject. |
| 8 | Conditional Valuation (Option) Valuation Approach | Examination of academic studies on the subject. |
| 9 | Alternative Company Valuation Methods | Examination of academic studies on the subject. |
| 10 | Comprehensive Company Valuation Practices | Examination of academic studies on the subject. |
| 11 | Readings on Strategic Finance | Examination of academic studies on the subject. |
| 12 | Readings on Strategic Finance 2 | Examination of academic studies on the subject. |
| 13 | Readings on Company Valuation | Examination of academic studies on the subject. |
| 14 | Readings on Company Valuation 2 | Examination of academic studies on the subject. |
| Resources |
| Course notes, Şirket Değerleme Yaklaşımları, Barış Sipahi, Serhat Yanık, Yusuf Aytürk, Seçkin Yayınevi, 2016 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | (S)he uses theoretical knowledge in health economics | X | |||||
| 2 | (S)he analyses and interprets empirical studies in health economics. | X | |||||
| 3 | (S)he proposes policies at both micro and macro level in the face of problems in health economics. | X | |||||
| 4 | (S)he uses mathematical and statistical methods that are necessary for health economics. | X | |||||
| 5 | (S)he uses at least one computer program utilized for analyses in health economics (SPSS, Eviews, STATA, R ve MATLAB). | ||||||
| 6 | (S)he has the management culture required to solve existing and potential problems encountered in practice. | X | |||||
| 7 | (S)he develops both individual- and team-work based qualified projects. | X | |||||
| 8 | (S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach. | X | |||||
| 9 | (S)he shares (her) his opinions and suggestions relying on quantitative and qualitative data with relevant parties (bureaucrats, experts, business people, bankers etc.) through a social conscience. | X | |||||
| 10 | (S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language. | ||||||
| 11 | (S)he processes professional information in light of ethical values and social rights. | X | |||||
| 12 | (S)he can contribute to health economics based on the proficiency (s)he obtained in the field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 50 | |
| Rate of Final Exam to Success | 50 | |
| Total | 100 | |