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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMICS (PhD) | |
| Code | İKT815 |
| Name | Monetary Theory and Policy |
| Term | 2018-2019 Academic Year |
| Term | Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 9 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Belirsiz |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MUAMMER TEKEOĞLU |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
The theory of money has gained importance in the 20th century and 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 the completeness. 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. This course aims to demonstrate the fundemantal connections between real monetary economic relationships
Course Content
This course covers the theory of money, definitions of quantitiy of money, demand, supply, and policy for money, monetary schools
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Specifies the role of the market economy, the price advantage of the event. |
| LO02 | Specifies the role of the price advantage in market economy |
| LO03 | Applies the methods of economic analysis. |
| LO04 | Takes responsibility individually and / or in a team,leads a team and works effectively |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explains the importance of demand and supply and the conditions of the market economy to work better | |
| PLO02 | - | Specifies the role of the market economy, the price advantage of the event. | |
| PLO03 | - | Specifies the role of the price advantage in market economy | |
| PLO04 | - | Faces with challenges, produces a numerical and policy options. | |
| PLO05 | - | Applies the methods of economic analysis. | |
| PLO06 | - | Builds, decodes and interprets models by using quantitative and qualitative techniques | |
| PLO07 | - | Uses the theory of economics in analyzing the economic events | |
| PLO08 | - | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO09 | - | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO10 | - | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
| PLO11 | - | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO12 | - | Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Explanation of the theory of money and money policy, functions and properties of Money | Reading course book and the notes | |
| 2 | Definitions for quantity of money, liquidity and loan | Reading course book and the notes | |
| 3 | Regimes of money and basic principles, the position of the monetary part in the financial system | Reading course book and the notes | |
| 4 | The theory of the demand for money | Reading course book and the notes | |
| 5 | The theory of the money supply | Reading course book and the notes | |
| 6 | The theory of interest, balance of payments and quantity of Money | Reading course book and the notes | |
| 7 | Money policy | Reading course book and the notes | |
| 8 | Mid-Term Exam | MİD-TERM EXAM | |
| 9 | Money policy (Continue) | Reading course book and the notes | |
| 10 | Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy | Reading course book and the notes | |
| 11 | Reactions to Keynesian approaches and neo-classical synthesis | Reading course book and the notes | |
| 12 | General disequilibrium approach, Moneray approach | Reading course book and the notes | |
| 13 | Monetary approach (continue), New classical schools | Reading course book and the notes | |
| 14 | New Keynesians, Austrian School | Reading course book and the notes | |
| 15 | Inflation theories | Reading course book and the notes | |
| 16 | Term Exams | TERM EXAM | |
| 17 | Term Exams | TERM EXAM |