| 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) | Instructor Ayhan Algüner
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Define money and its aggregate measures
2) Demonstrate knowledge of the current monetary aggregates in the Turkey and how they have developed over recent years
3) Explain multiple credit creation, money supply and the money creation process
4) Describe the functions of central bank, and its role in Turkey
5) Authority and the monetary policy in Turkey
6) Depict different types of bonds and the Turkish bond market
7) Distinguish various interest rates and explain the term structure of interest rates
8) Illustrate and evaluate the foreign exchange market and the linked exchange rate system in Turkey
9) Analyse the impact of monetary changes on nominal income
10) Depict different types of stocks and the Turkish stock market.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | MAN516 International Finance |
| COURSE DEFINITION | An understanding of the nature and the importance of money. Comprehensive survey of the role of each of the major financial institutions; such as commercial banks, investment banks, central bank, stock markets. The emphasis of the course is on management of these institutions and the role of money in the financial system of the country. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Introduction to the course | | 2nd Week | An Overview of the Financial System | | 3rd Week | What is Money? | | 4th Week | Understanding Interest Rates | | 5th Week | The Behavior of Interest Rates | | 6th Week | The Risk and Term Stracture of Interest Rates | | 7th Week | Banking and the Management of Financial Institutions | | 8th Week | Mid-term examination | | 9th Week | The Money Supply Process | | 10th Week | The Tools of Monetary Policy | | 11th Week | The Foreign Exchange Market | | 12th Week | The Demand for Money | | 13th Week | The Stock Market, The Theory of Rational Expectations, and the Efficient Market Hypothesis | | 14th Week | The Stock Market, The Theory of Rational Expectations, and the Efficient Market Hypothesis |
|
| RECOMENDED OR REQUIRED READING | Mishkin, F.S. (2009). The Economics of Money, Banking and Financial Markets. 9. basım. Pearson. |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 30 | | Project | 1 | 30 | | Total(%) | | 60 | | Contribution of In-term Studies to Overall Grade(%) | | 60 | | Contribution of Final Examination to Overall Grade(%) | | 40 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 3 | 3 | | Preparation for Quiz | | | | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 100 | 100 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 80 | 80 | | Laboratory (including preparation) | | | | | Final exam | 1 | 3 | 3 | | Homework | | | | | Project | 1 | 40 | 40 | | Total Workload | | | 310 |
|---|
| Total Workload / 30 | | | 10,33 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
