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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS IKT 3028 MONETARY THEORY AND POLICY ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR KERIM ESER AFŞAR

Offered to

Econometrics Econometrics (Evening) Public Finance Public Finance (Evening)

Course Objective

Explaining the importance of money in the economyand explaining economics schools aspectsof regarding to money. Evaluating monetary events and developments, evaluating effects and consequences of monetarry development

Learning Outcomes of the Course Unit

1   To be able to explain why people demands money and to be able to explain role of monetary and importance of monetary in the economy 2   To be able to explain that the different schools of economic has different aspect about money 3   To be able to explain deterministics of monetary demand 4   To be able to expose importance of money demand stability 5   To be able to explain monetary policy theory 6   To be eble to explain main factors of monetary policy applied in Türkiye 7   To be able to evaluate main objectives of Central Bank 8   To be able to discuss effects of globalization on monetary policy

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 backround: What is money Functions of money and different aspects 2 Conceptual discussion related with money: basic concepts and basic definations 3 What is money demand and money supply Introduction to monetary theory 4 Classical Quantity Theory 5 Liquidity Preference Theory 6 Modern Quantity Theory 7 Portfolio Balance Approach 8 Blockchain Technology and Cryptocurrencies 9 Central Bank Digital Currency 10 Monetary Policy Theory, Multiplier Analysis 11 Importance of interest theories and interest rates in the economy 12 The Monetary Transmission Mechanisms 13 Central Bank s association with instruments and objectives 14 Rate systems, international capital movement, discussion of monetary-finance policy efficency

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

Explaning by lecturer, discussing with the students about the topics

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)

aylin.duygulu@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 Preparation for midterm exam 1 10 10 Preparation for final exam 1 12 12 Other 8 3 24 Preparations before/after weekly lectures 12 3 36 Midterm 1 1 1 Final 1 1 1 TOTAL WORKLOAD (hours) 120

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 LO.1 1 LO.2 1 LO.3 LO.4 LO.5 1 1 LO.6 1 LO.7 1 LO.8 1 1