COURSE UNIT TITLE

: CENTRAL BANKING

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
FIB 5110 CENTRAL BANKING ELECTIVE 3 0 0 5

Offered By

Financial Economics and Banking

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR NILGÜN ACAR BALAYLAR

Offered to

Financial Economics and Banking

Course Objective

To teach influencing process of the economy by Instruments of monetary policy used by central banks, the importance of the independence of central banks, the central bank's balance sheet analysis and interpretation

Learning Outcomes of the Course Unit

1   Understand the role and importance of Central Banks in the economy.
2   Learn the duty and powers of the Bank in the Central Bank Act context
3   Identify and evaluate the independence of the central bank
4   To evaluate the central bank's monetary policy tools
5   To be able to Learn and analyze the accounts of the central bank balance sheet

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Monetary Developments and the Central Bank
2 The Role, Duties and Powers of the Central Bank
3 Central Bank Independence
4 The Central Bank Law
5 Tools of Monetary Policy
6 Inflation Targeting
7 The Central Bank Monetary Policies
8 Financial Crises and Central Banking
9 Financial Crises and Central Banking ( One day of this week, except of the course there will be exam )
10 Financial Institutions and Central Bank Relations
11 Central Bank Balance Sheet Accounts
12 Central Bank Balance Sheet Analysis
13 Central Bank Reserve Management
14 Central Bank and Public Finance

Recomended or Required Reading

Nur Keyder (2005), Para Teori-Politika-Uygulama, Ankara.
Mehmet Takan (2002), Bankacılık Teori Uygulama ve Yönetim, Nobel Yayınları, Ankara.
Funda Erdoğan (1997a), Para Politikasının Zaman Tutarsızlığı ve Güvenilirlik Problemi:Türkiye Örneği, SPK, Yayın no:63.

Planned Learning Activities and Teaching Methods

Current developments in addition to theoretical knowledge is assessed and the central bank balance sheets are analyzed.

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 * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


Further Notes About Assessment Methods

Midterm exam, final exam and student presentation will be considered.

Assessment Criteria

Midterm exam, final exam and student presentation will be considered when making assessment.

Language of Instruction

Turkish

Course Policies and Rules

Attendance is obligatory. During the term, each student is required to make a presentation.

Contact Details for the Lecturer(s)

nilgun.balaylar@deu.edu.tr

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 14 3 42
Preparation for midterm exam 1 25 25
Preparation for final exam 1 20 20
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 135

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.155555
LO.255555
LO.3555555
LO.4555555
LO.5555555