| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Master's Degree With Thesis |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 10 |
| NAME OF LECTURER(S) | . Servıs Servıs
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) examine advanced topics in monetary economics with different types of economic approaches such as money-in-utility, cash-in-advance model, overlapping generations model, dynamic sticky price models and real business cycle model.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | The course provides the ability to comprehend global economic and financial issues, and to choose the appropriate policy solutions by using modern techniques of analysis. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | The short-run and long-run effect of money in the economy | | 2nd Week | Money-in-Utility | | 3rd Week | Money-in-Utility Cont. | | 4th Week | Cash-in-advance model | | 5th Week | Cash-in-advance model Cont. | | 6th Week | Money in overlapping generations model | | 7th Week | Money in overlapping generations model Cont. | | 8th Week | Mid-Term | | 9th Week | Dynamic sticky price models | | 10th Week | Dynamic sticky price models Cont. | | 11th Week | Financial crisis and real business cycle model | | 12th Week | Financial crisis and real business cycle model Cont. | | 13th Week | Determination of inflation, Optimal inflation rate | | 14th Week | Determination of inflation, Optimal inflation rate Cont. |
|
| RECOMENDED OR REQUIRED READING | Walsh, C. E. (2003). Monetary Theory and Policy. MIT Press
Gali J. (2008). Monetary Policy, Inflation, and the Business Cycle. Princeton University
Champ, B. and S. Freeman (2001). Modelling Monetary Economics. Cambridge University Press.
Özatay F. (2019). Parasal İktisat: Kuram ve Politika. Elif Yayinevi |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Assignment | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 2 | 2 | | Preparation for Quiz | | | | | Individual or group work | 14 | 5 | 70 | | Preparation for Final exam | 1 | 70 | 70 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 60 | 60 | | Laboratory (including preparation) | | | | | Final exam | 1 | 2 | 2 | | Homework | 1 | 55 | 55 | | Total Workload | | | 301 |
|---|
| Total Workload / 30 | | | 10,03 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
