IKZ304 Monetary Theory

7 ECTS - 4-0 Duration (T+A)- 6. Semester- 4 National Credit

Information

Code IKZ304
Name Monetary Theory
Term 2024-2025 Academic Year
Semester 6. Semester
Duration (T+A) 4-0 (T-A) (17 Week)
ECTS 7 ECTS
National Credit 4 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. MEHMET FATİH CİN
Course Instructor
1 2
Prof. Dr. MEHMET FATİH CİN (A Group) (Ins. in Charge)


Course Goal / Objective

The aim of this course is to explain the theoretical basis of monetary theory and policies, to inform the students about the monetary policies applied, to explain the Central Bank policy, to provide the necessary information to enable them to understand the current texts about money.

Course Content

Theory of money, definitions for quantitiy of money, demand, supply, and policy for money, monetary schools, central banking

Course Precondition

There are no course prerequisites.

Resources

Monetary Economics by Jagdish Handa

Notes

Monetary Economics by Jagdish Handa


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understands monetary framework of macroeconomics
LO02 Comprehends the importance of stability in the macro-monetary framework
LO03 Analyzes the causes of monetary crisis and the usefulness
LO04 Analyzes the economic effects of monetary policy instruments
LO05 Learn the functioning of the Central Bank Balance Sheet
LO06 Have knowledge about the monetary policy strategies applied in various periods in the Turkish economy.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
PLO02 Bilgi - Kuramsal, Olgusal Define the role of pricing within the event advantage of the market economy. 4
PLO03 Bilgi - Kuramsal, Olgusal Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 5
PLO04 Bilgi - Kuramsal, Olgusal Perceive the costs and benefits arising from the global economy 5
PLO05 Bilgi - Kuramsal, Olgusal Produce numerical and policy options when confronted with problems. 5
PLO06 Bilgi - Kuramsal, Olgusal Use quantitative and qualitative techniques of model building, decoding and interpretation.
PLO07 Beceriler - Bilişsel, Uygulamalı Use the theory of economics in the analysis of economic events. 5
PLO08 Beceriler - Bilişsel, Uygulamalı Use computer programs, do synthesis and present prepared data efficiently.
PLO09 Beceriler - Bilişsel, Uygulamalı Apply the methods of economic analysis. 4
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems
PLO11 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively.
PLO12 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Take responsibility individually and / or in a team, take leadership and work effectively.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself..
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements of academic and work life.
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language.
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Question traditional approaches, practices and methods. 4
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values. 4


Week Plan

Week Topic Preparation Methods
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. Öğretim Yöntemleri:
Anlatım
2 Definitions for quantity of money, liquidity and loan Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
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. Öğretim Yöntemleri:
Anlatım
4 The theory of the demand for money Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
5 The theory of money supply Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
6 The theory of interest, balance of payments and quantity of money Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
7 Money policy Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım, Tartışma
8 Mid-Term Exam prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Money policy (Cont.) Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
10 Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
11 Reactions for Keynesian aproaches and neo-classical synthesis Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
12 General disequilibrium approach, Moneray approach Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
13 Moneray approach (cont), New classical economics Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
14 New Keynesians, Austrian School Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
15 Inflation theories Students will read the relevant sections of the books by topics. Öğretim Yöntemleri:
Anlatım
16 Review prepare to exam Öğretim Yöntemleri:
Anlatım
17 Term Exams prepare to exam 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 6 84
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 8 8
Final Exam 1 16 16
Total Workload (Hour) 164
Total Workload / 25 (h) 6,56
ECTS 7 ECTS

Update Time: 07.05.2024 02:22