IKS318 Monetary Theory

5 ECTS - 3-0 Duration (T+A)- 6. Semester- 3 National Credit

Information

Code IKS318
Name Monetary Theory
Term 2024-2025 Academic Year
Semester 6. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 5 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. MUAMMER TEKEOĞLU
Course Instructor
1 2
Prof. Dr. HAKKI ÇİFTÇİ (A Group) (Ins. in Charge)


Course Goal / Objective

The theory of money has gained importance in the 20th century and become 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 completeness yet. 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. The course covers the fundemantal connections between real monetary economic relationships.

Course Content

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

Course Precondition

Yok

Resources

Monetary Policy, Fatih Özatay, Monetary Economics

Notes

Osman Orhan, Seyfettin Erdoğan


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 Gains 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 Explains basic conceptual information about economy and finance 5
PLO02 Bilgi - Kuramsal, Olgusal interprets data from different sources using contemporary communication tools, methods and processes.
PLO03 Bilgi - Kuramsal, Olgusal Having basic computer knowledge and skills, she uses this knowledge in the professional field
PLO04 Bilgi - Kuramsal, Olgusal explain the duties and authorities of Public Financial Institutions. 4
PLO05 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Works effectively individually and/or in a team.
PLO06 Beceriler - Bilişsel, Uygulamalı Synthesizes and effectively presents the information obtained from different sources within the framework of academic rules in the field of research. 5
PLO07 Beceriler - Bilişsel, Uygulamalı Being aware of the necessity of lifelong learning, she follows the current developments in her field.
PLO08 Beceriler - Bilişsel, Uygulamalı Synthesizes the information obtained from different sources within the framework of academic rules. 4
PLO09 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Turkish and at least one foreign language is used in accordance with the needs of academic life and business life
PLO10 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği explain the job descriptions of professional people.
PLO11 Yetkinlikler - Öğrenme Yetkinliği Have social, scientific and ethical values. 4
PLO12 Yetkinlikler - Öğrenme Yetkinliği Apart from the traditional approach, it develops new working methods when it deems necessary.
PLO13 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses herself orally and in writing


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
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, Tartışma
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 3 42
Out of Class Study (Preliminary Work, Practice) 14 3 42
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 12 12
Final Exam 1 18 18
Total Workload (Hour) 114
Total Workload / 25 (h) 4,56
ECTS 5 ECTS

Update Time: 08.05.2024 10:50