COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Monetary Theory * ECOZ   304 6 4 4 7

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction English
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof. Dr. Muammer TEKEOĞLU
Instructors
Dr. Öğr. ÜyesiERHAN İŞCAN1. Öğretim Grup:A
 
Assistants
Goals
The theory of money has gained importance in the 20th century and become a vital part of the Macroeconomics Theory. It is also the most complex part of the Macroeconomics Theory. The theory is shaped by Keynesian and Monetarist approaches and has not reached completeness yet. The course covers the arguments and analysis in this context. The student who wants to improve him/herself in the theory of money should also study finance and banking. The course covers the fundemantal connections between real monetary economic relationships.
Content
Theory of money, definitions for quantitiy of money, demand, supply, and policy for money, monetary schools

Learning Outcomes
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Course's Contribution To Program
NoProgram Learning OutcomesContribution
12345
1
Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy
X
2
Define the role of pricing within the event advantage of the market economy
X
3
Define the role of the state in economy, money and financial policies, the central bank and the structure of the market
X
4
Perceive the costs and benefits arising from the global economy
X
5
Produce nymerical and policy options when confronted with problems
X
6
Use quantitative and qualitative techniques of model building, decoding and interpretation
X
7
Use the theory of economics in the analysis of economic events
X
8
Use computer programs, do synthesis and present prepared data efficiently
X
9
Apply the methods of economic analysis.
X
10
Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems
X
11
Take responsibility individually and/or in a team, take leadership and work effectively
X
12
Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself
X
13
Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively
X
14
Use Turkish and at least one foreign language in accordance with the requirements of academic and work life
X
15
Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language
X
16
Question traditional attitudes, applications and methods, develop and apply new methods when needed.
X
17
Recognize and apply social, scientific and professional ethical values.
X

Course Content
WeekTopicsStudy Materials _ocw_rs_drs_yontem
1 Explanation of the theory of money and money policy, functions and properties of money Students will read the relevant sections of the books by topics.
2 Definitions for quantity of money, liquidity and loan Students will read the relevant sections of the books by topics.
3 Regimes of money and basic principles, the position of the monetary part in the financial system Students will read the relevant sections of the books by topics.
4 The theory of the demand for money Students will read the relevant sections of the books by topics.
5 The theory of money supply Students will read the relevant sections of the books by topics.
6 The theory of interest, balance of payments and quantity of money Students will read the relevant sections of the books by topics.
7 Money policy Students will read the relevant sections of the books by topics.
8 Mid-term Exam prepare to exam
9 Money policy (Cont.) Students will read the relevant sections of the books by topics.
10 Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy Students will read the relevant sections of the books by topics.
11 Reactions for Keynesian aproaches and neo-classical synthesis Students will read the relevant sections of the books by topics.
12 General disequilibrium approach, Moneray approach Students will read the relevant sections of the books by topics.
13 Moneray approach (cont), New classical economics Students will read the relevant sections of the books by topics.
14 New Keynesians, Austrian School Students will read the relevant sections of the books by topics.
15 Inflation theories Students will read the relevant sections of the books by topics.
16-17 final exam prepare to exam

Recommended or Required Reading
Textbook
Additional Resources