Dokuz Eylül University Information Package / Courses Catalog

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type Of Course	D	U	L	ECTS
MSH 0070	MONETARY THEORY AND POLICY	ELECTIVE	3	0	0	3

Offered By

Efes Vocational School

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

DOCTOR HAKAN SÖNMEZ

Offered to

Catering Services Programme
Tourism and Hotel Management
Cultural Heritage and Tourism
Civil Aviation and Cabin Services
Civil Aviation Transportation Management
Food Technology

Course Objective

To analyze theoretical and political development of the monetary economics as an important component of macro economy and also to study money creation by the central banks and other intermediary financial institutions in the discipline of banking economics

Learning Outcomes of the Course Unit

1	Students will be able to learn the concept of monetary economy
2	Students will be able to understand the mechanism of monetary transmission
3	Students will be able learn the concept of student pay balance
4	Students will be able to learn what the monetary system of the Central Bank of the Republic of Türkiye is
5	Students will be able to analyze monetary systems of TC Central Bank

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week	Subject	Description
1	Basic concepts: money-bank and financial system
2	Central Banking and T.C. The authorities and basic duties of the Central Bank
3	According to theoretical approaches, money supply and CBRT money supply definitions
4	Reserve money, the monetary base
5	For the Central Bank, The Central Bank of Bilanos, money raising mechanism
6	Money demand theories: classical and modern quantity theories
7	Money demand theories: Keynesian and Neo-Keynesian theories
8	Mid-Term Exam
9	Money demand theories: differences and similarities between the various money demand theories
10	Interest: theory and practice, the mechanism of monetary transmission and the equilibrium of payments
11	Exchange rate systems and preferences
12	Stability programs and monetary policy
13	European Central Bank
14	European Central Bank
15	European Central Bank
16	Final Exam

Recomended or Required Reading

Textbook(s):
1) Ilker Parasız (1994), Para Banka ve Finansal Piyasala, Ezgi Kitapevi, Bursa
2) Nur Keyder, Evrim Ertunga (2012), Para Teori Politika Uygulama, 12. Baskı.

Supplementary Book(s):
1) Merih Paya (1998), Para Teorisi ve Politikası, Filiz Kitapevi, 2. baskı, Istanbul
2) Ibrahim Erol (1999), Para-Banka Teori ve Politika, Emek Matbaacılık, Manisa
3) Mükerrem Hiç (2002), Para Teorisi, Istanbul
4) Peter Bofinger (2001), Monetary Policy-Goals, Institutions Strategies and Instruments, Oxford University Pres, Oxford
5) R. Glenn Hubbard (2002), Money, Financial System and the Economy, Adison Wesley

Planned Learning Activities and Teaching Methods

Lecturing and preparing to subjects

Assessment Methods

SORTING NUMBER	SHORT CODE	LONG CODE	FORMULA
1	MTE	MIDTERM EXAM
2	FIN	FINAL EXAM
3	FCGR	FINAL COURSE GRADE (RESIT)	MTE * 0.50 + FIN * 0.50
4	RST	RESIT
5	FCGR	FINAL COURSE GRADE (RESIT)	MTE * 0.50 + RST * 0.50

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

Further Notes About Assessment Methods

None

Assessment Criteria

Exams: There will be held on two in class exams; midterm exam and final exam during the semester.
Grades: 50 % Midterm Exam, 50 % Final Exam, 50 % Make-up Exam.

Language of Instruction

Turkish

Course Policies and Rules

1) Attending at least 70 percent of lectures and fulfill the requirements of the course are mandatory.
2) Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

hakan.sonmez@deu.edu.tr

Office Hours

Monday, 13:00 - 16:30, Ground Floor, No: Z-08, Efes Vocational School, Selçuk / IZMIR.

Work Placement(s)

None

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
Lectures	12	3	36
Preparation for midterm exam	1	12	12
Preparation for final exam	1	12	12
Midterm	1	2	2
Final	1	2	2
TOTAL WORKLOAD (hours)			64

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	PO.13	PO.14	PO.15	PO.16
LO.1						4
LO.2						4
LO.3						4
LO.4						5
LO.5						5

COURSE UNIT TITLE

DEGREE PROGRAMMES

Description of Individual Course Units

Offered By

Level of Course Unit

Course Coordinator

Offered to

Course Objective

Learning Outcomes of the Course Unit

Mode of Delivery

Prerequisites and Co-requisites

Recomended Optional Programme Components

Course Contents

Recomended or Required Reading

Planned Learning Activities and Teaching Methods

Assessment Methods

Further Notes About Assessment Methods

Assessment Criteria

Language of Instruction

Course Policies and Rules

Contact Details for the Lecturer(s)

Office Hours

Work Placement(s)

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes

CONTACT INFORMATION