COURSE UNIT TITLE

: MONETARY THEORY

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 3001 MONETARY THEORY COMPULSORY 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR NILGÜN ACAR BALAYLAR

Offered to

Economics
Economics (Evening)

Course Objective

The functioning of the economy that contribute to the formation of the foundations of economics, monetary economics, money, and the importance of schools, provide learning ideas about money, and also the developments in monetary phenomenon and monetary developments, demonstrating the potential economic effects and consequences.

Learning Outcomes of the Course Unit

1   To be able to learn why people were demanding money, money in the economy to explain the role and functions.
2   To be able to distinguish the difference between the views of schools of economics.
3   To be able to learn why it is important to explain the stability of money demand and money demand.
4   To be able to define the concepts of money supply and explain the externality.
5   To be able to learn how monetary authorities can control the total money supply, explain how and by what means.
6   To be able to explain the importance of the role of interest rates in the economy.
7   To be able to learn the channels of monetary transmission mechanism of monetary policy on the economy and the real assess the impact of these channels.
8   To be able to learn he formation process of the theoretical foundations of monetary policy and its impact on monetary policy associate.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and conceptual background: The definition of money, functions, and different opinions, concepts and assumptions related to the monetary debate
2 Money supply and money demand input concepts and theories of the demand for money
3 Classical Quantity Theory (Cambridge I.Fisher and type)
4 Liquidity Preference Theory
5 Modern Quantity Theory
6 Portfolio Balance Approach
7 Money supply multiplier theory and analysis, the endogeneity of money-externality discussions
8 Money supply multiplier theory
9 Interest Theories
10 Interest Theories
11 Interest pass-through
12 Monetary transmission mechanims
13 Limits of monetary transmission mechanims
14 The effect of capital movements on monetary demand, money supply and interest rate

Recomended or Required Reading

Merih Paya, Para Teorisi ve Politikası, Filiz Kitapevi, Istanbul.
Nur Keyder, Para- Teori- Politika Uygulama, Seçkin Yayıncılık ve Dağıtım, Ankara.
Hanifi Aslan, Para Teorisi ve Politikası, Alfa Aktüel Yayınevi.

Planned Learning Activities and Teaching Methods

Lecture theoretically, give readings on certain topics, discuss them in class, to encourage the active participation of the form and answer the questions and so on. Also out of the textbook in the field of economics and the social sciences to promote books.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


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

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 12 12
Preparation for final exam 1 10 10
Preparing presentations 8 3 24
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.11111
LO.211
LO.3111
LO.411111
LO.5111
LO.6111
LO.7111
LO.81111