FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES DEPARTMENT OF ECONOMICS PhD STUDY PROGRAM BANKING AND FINANCE PROFILE First Semester Course Compulsory Weekly Course Distribution Epoka COURSES Semestral Course and studying hours ECTS Course Name Type /Elective Theory Pract. Lab. Total Credits Lect. Pract. Lab. Site W. Other Total 0 3 3 48 0 0 139.5 0 188 7.5 Advanced Research Methods C Compulsory 3 0 139.5 0 188 7.5 3 0 0 3 3 48 0 0 C Compulsory Finance Theory and Management 139.5 0 188 7.5 3 0 0 3 3 48 0 0 C Elective Elective I 3 0 Elective II 0 3 3 48 0 0 0 139.5 188 7.5 C Elective Semestral Total 12 0 0 12 12 192 0 0 558 0 750 30
Elective Courses -First Semester COURSES Code BUS 801 ECO 803 BUS 803 ECO 805 ECO 807 BUS 809
Course Name Accounting Theory Open Economy: Theory and Application Strategic Management Advanced International Economics Game Theory Enterpreneurship Perspectives
Course Name Advanced Credit Analysis and Management Knowledge Management Development Economics International Monetary Theory Policy and Theory Labor Market Studies
Code Course Name Theory Pract. Lab. Total Credits Lect. Pract. Lab. Site W. Other Total. BAF 802 Advanced Credit Analysis and Management C Elective 3 0 0 ...
1t+1. V x1t+1 + v]. = x. 1t. Wx1t + βx. 1t. M VMx1t + βEt [ε t+1. V εt+1] + βv. (3.6). ⢠Then V and v satisfy. V = W + βM V M,. (3.7) v = βEt [ε t+1. V εt+1] + βv. (3.8). ⢠To find V , iterate on (3.7) until convergence, starting out fr
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