COURSE INFORMATON
Course Title Code Semester L+P Hour Credits ECTS
Central Banking and Monetary Policy ECOS   406 8 3 3 6

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. Hüseyin Mahir FİSUNOĞLU
Instructors
 
Assistants
Goals
aking the importance central banks have gained in recent years into consideration, and on the one hand focusing on the importance of political / economic mergers between countries, on the other hand, the importance of new economies approaching, and finally remebering the increasing international capital movements, the purpose of this course is first of all focusing on the functions, the role of central banks in monetary policy instruments and objectives put forward in the liberalization of capital movements, especially their effects on the balance sheets of central banks. Secondly, understanding the function of central banks and analyzing the independence of central banks, the inflation targeting and reserve governments and their economic consequences. In addition, understanding the working system of central banks and the ability to analyze and make inferences about the future.
Content
Modern Perspectives on Money and Monetary Policy in the Financial System and Banking, Banking, and Central Banking, Central Bank Independence, Reliability, Importance of the Principles of Transparency.

Learning Outcomes
1) Understand the position and role of central banks in money policy.
2) Analyze the economical results of the changes in balance sheets due to capital movements.
3) Analyze the independence of central banks, inflation targeting, reserve management, and their economic consequences.
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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 Monetary Policy and Central Banking Readings Lecture
Homework
2 Monetary Policy and Central Banking Readings Lecture
Homework
3 Balance Sheet of central banks Readings Lecture
4 Balance Sheet of central banks Readings Lecture
Homework
5 Effects of the monetary policy Readings Lecture
Homework
6 Effects of the monetary policy Readings Lecture
Homework
7 Effects of the monetary policy Readings Lecture
Homework
8 Mid term exam prepare to exam Testing
9 Independence of central banks Readings Lecture
Homework
10 Inflation targeting Readings Lecture
Homework
11 Monetary policy options of TCMB Readings Lecture
Homework
12 Balance sheet of central bank Readings Lecture
Homework
13 Independence of Central Bank Readings Lecture
Homework
14 Manage of reserve and economic consequences Readings Lecture
Homework
15 Manage of reserve and economic consequences Readings Lecture
Homework
16-17 Final exam prepare to exam Testing
Homework

Recommended or Required Reading
Textbook
Additional Resources