Information
Code | İKT815 |
Name | |
Term | 2022-2023 Academic Year |
Term | Spring |
Duration (T+A) | 4-0 (T-A) (17 Week) |
ECTS | 10 ECTS |
National Credit | 4 National Credit |
Teaching Language | Türkçe |
Level | Doktora Dersi |
Type | Normal |
Mode of study | Yüz Yüze Öğretim |
Catalog Information Coordinator | |
Course Instructor |
1 |
Course Goal / Objective
In line with the topics specified in the content, it aims to integrate the expansionary and contractionary applications of monetary policy tools that ensure price stability by injecting a properly functioning monetary policy into the economic structure and tissue, according to the economic structure and process and system that will emerge and create a strong economic structure, discussing the understanding of a dependent, independent central bank that can banker commercial banks, and to be able to transfer the Monetary Political thought that controls and operates the money markets that will establish a properly functioning strong economic structure to practice.
Course Content
In the content of the monetary policy course, which is one of the most important tools of economic policy; Monetary theory and monetary policies examine how the amount of money in the country or changes in it will affect the general balances of the economy. Accordingly, monetary policy and toric contributions will be presented in order to achieve certain economic objectives such as full employment, price stability, economic growth, balance of payments balance, fairness in income distribution with the monetary theory of central banks supplying money to the economy, examining the effects of money in the economy. Supporting policies, such as fiscal policy, income policy, and economic policy decisions and the implementation of these decisions are included. As major topics; The subject, definition, content, politics and institutional structure of monetary theory and policy, the objectives and tools of economic policy and types of monetary policy, monetary policy selection and implementation delays in economic policy, monetary policies in classical economics, monetary policies in neo-classical economics, monetary policies in neo-classical economics, from antiquity to the Middle Ages, from the Middle Ages, mercantilism, mercantilism, physiocratic monetary policies, monetary policies in Keynesian economics, monetary policies in monetarist economics, monetary policies in post-Keynesian economics, monetary policies in neo-classical economics, monetary policies in neo-Keynesian economics and monetary policies in supply-side economics, regional, national, international and supranational monetary policy instruments, strategic and new monetary policies. In addition, the definition and functions of money, the historical development of the monetary system, money demand, money supply, the value of money, quantity theory, monetary theory and theoretical approaches to monetary policy, monetary policy rules, the problem of monetary instability, financial markets and institutions, financial markets and institutions and money and price instability, monetary policy strategies, inflation targeting developments in monetary policy implementation are examined.
Course Precondition
In order to develop the economic alphabet to master Monetary Theory and Policy and the readings related to them, it is necessary to reach a level that can understand, explain and interpret economic concepts such as introductory economics course, micro and macro course, economic policy course in order to learn the basic readings, concepts and definitions, policy and implementation results related to money.
Resources
Para Bankacılık ve Finansal Piyasalar Iktisadı - Frederic S. Mishkin
Notes
Para Bankacılık ve Finansal Piyasalar Iktisadı - Frederic S. Mishkin
Course Learning Outcomes
Order | Course Learning Outcomes |
---|---|
LO01 | Learns the definition and functions of money. |
LO02 | Learns the historical development of the monetary system. |
LO03 | Learns Monetary Policy Rules. |
LO04 | Learns the developments in the implementation of monetary policy. |
LO05 | Have knowledge about Monetary Policy Strategies. |
Relation with Program Learning Outcome
Order | Type | Program Learning Outcomes | Level |
---|---|---|---|
PLO01 | Bilgi - Kuramsal, Olgusal | Explains the importance of demand and supply and the conditions of the market economy to work better | 5 |
PLO02 | Bilgi - Kuramsal, Olgusal | Conducts new research that contributes to science. | 4 |
PLO03 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 4 |
PLO04 | Bilgi - Kuramsal, Olgusal | Specifies the role of the price advantage in market economy | 4 |
PLO05 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 4 |
PLO06 | Bilgi - Kuramsal, Olgusal | Applies the methods of economic analysis. | |
PLO07 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
PLO08 | Bilgi - Kuramsal, Olgusal | Has the knowledge of quantitative and qualitative techniques used in Economics. | |
PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Builds, decodes and interprets models by using quantitative and qualitative techniques | 4 |
PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility individually and / or in a team,leads a team and works effectively | |
PLO11 | Yetkinlikler - Öğrenme Yetkinliği | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | |
PLO12 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | 4 |
PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | |
PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | |
PLO15 | Beceriler - Bilişsel, Uygulamalı | Publishes original studies in the field of economics in scientific journals. | |
PLO16 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data with information technologies to do research. | 5 |
PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Understands the necessity and importance of research in social sciences. |
Week Plan
Week | Topic | Preparation | Methods |
---|---|---|---|
1 | Definition and Functions of Money | Reading | Öğretim Yöntemleri: Anlatım |
2 | Historical Development of the Monetary System, | Reading | Öğretim Yöntemleri: Anlatım |
3 | Money Demand, Money Supply, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
4 | Value for Money | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
5 | Quantity Theory, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
6 | Theoretical Approaches to Monetary Theory and Monetary Policy, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
7 | Monetary Policy Rules, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
8 | Mid-term exam | Exam preparation | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
9 | The Problem of Monetary Instability, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
10 | Financial Markets and Institutions, | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
11 | Money and Price Instability-1 | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
12 | Money and Price Instability-2 | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
13 | Monetary Policy Strategies-1 | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
14 | Monetary Policy Strategies-2 | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
15 | Inflation Targeting | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
16 | Developments in Monetary Policy Implementation | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
17 | Term exams | Exam preparation | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
Works | Number | Time (Hour) | Workload (Hour) |
---|---|---|---|
Course Related Works | |||
Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
Out of Class Study (Preliminary Work, Practice) | 14 | 12 | 168 |
Assesment Related Works | |||
Homeworks, Projects, Others | 1 | 2 | 2 |
Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
Final Exam | 1 | 24 | 24 |
Total Workload (Hour) | 262 | ||
Total Workload / 25 (h) | 10,48 | ||
ECTS | 10 ECTS |