TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	-
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	Instructor Buket İmir 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 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 the 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.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	No
COURSE DEFINITION	An understanding of the nature and the importance of money. A 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 the 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 ISLM Model 14th Week Money and Inflation
RECOMENDED OR REQUIRED READING	Mishkin, F.S. (2009). The Economics of Money, Banking and Financial Markets. 9. Ed., Pearson.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Questions/Answers,Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Quiz 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 1 1 Preparation for Quiz 1 1 1 Individual or group work 14 2 28 Preparation for Final exam 1 42 42 Course hours 14 3 42 Preparation for Midterm exam 1 30 30 Laboratory (including preparation) Final exam 1 2 2 Homework Total Workload 146 Total Workload / 30 4,86 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	English
WORK PLACEMENT(S)	No