COURSE UNIT TITLE

: MONETARY ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
EFE 7017 MONETARY ECONOMICS ELECTIVE 3 0 0 10

Offered By

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR SAADET KASMAN

Offered to

Master`s Degree in Financial Economics (Non-Thesis-Evening)

Course Objective

This course aims at providing general knowledge on both monetary theory and monetary policy by focusing on the role of Central bank in the financial system and the economy.

Learning Outcomes of the Course Unit

1   Acquire basic knowledge about money, money demand theories, the description of money supply and the instruments of monetary policy,
2   Demonstrate the understanding of money supply process by the aid of balance sheets of CB in Turkey, banking system and the monetary transmission mechanisms,
3   Explain the role of Central Banks and the implementation of monetary policy in order to be able to suggest solution to the economic problems by using monetary policy tools.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 I. Monetary theory - The Demand for Money
2 Linking the Financial System and the Economy
3 Aggregate Demand and Aggregate Supply
4 Money and Output in the Short Run
5 Inflation: Causes and Consequences
6 II. Monetary Policy - Organization of Central Bank
7 Midterm
8 The Money Supply Process
9 Monetary Policy Tools
10 The Conduct of Monetary Policy
11 Information Problems and Channels for Monetary Policy
12 III. Internatinal Topics - The Foreign Exchange Market and Exchange Rates
13 The International Financial System and Monetary Policy
14 Final

Recomended or Required Reading

Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class Discussions
3. Assignments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.40 + STT * 0.20 + FIN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + STT * 0.20 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic concepts related to finance.
2. The learner will compare different financial insturements and institutions.
3. The learner will demonstrate understanding of portfolio allocation decisions of different investors.
4. Connect real life financial developments with the theoretical framework by following news in the media.

Language of Instruction

English

Course Policies and Rules

1. It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

saadet.kasman@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 12 1 12
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 40 40
Preparation for final exam 1 40 40
Preparing assignments 10 9 90
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 246

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.155
LO.245
LO.355