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

Prerequisites and co-requisites
Recommended Optional Programme Components None

Language of Instruction Turkish
Course Level First Cycle Programmes (Bachelor's Degree)
Course Type
Course Coordinator Prof.Dr. Hüseyin Mahir FİSUNOĞLU
Instructors
 
Assistants
Goals
Taking 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 and Accountability.

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
Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business.
X
2
Collecting and commenting data from different sources using contemporary communication tools, methods and processes
X
3
Having basic computer skills and knowledge, the vocational field uses this information
X
4
Perform numerical and statistical data aggregation, analysis and interpretation
X
5
Individually and / or in a team, take responsibility, leadership, and effectively works
X
6
An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it
X
7
Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates
X
8
Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules
X
9
Turkish and at least one foreign language is used in accordance with the needs of academic life and business life
X
10
Uses Turkish in accordance with the needs of academic life and business life
X
11
He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally
X
12
It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used.
X
13
Aware of and act in accordance with social, scientific and professional ethical values
X
14
Question traditional approaches, practices and methods, develop new working methods where necessary and
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
Homework
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 Midterm exam prepare to exam Testing
9 Inflation targeting Readings Lecture
Homework
10 Monetary policy options of TCMB Readings Lecture
Homework
11 Balance sheet of central bank Readings Lecture
Homework
12 Independence of Central Bank Readings Lecture
Homework
13 Manage of reserve and economic consequences 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