| 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) | Professor Onur Sunal
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Will be able to define money supply and evaluate its function in the economy
2) Will be able to construct the relation between money supply and the bank reserves after analysing the balance sheet of the banks and after learning the workings of the money multiplier
3) Will be able to understand in what ways the monetary control is made after analysing the balance sheet of the central bank
4) Will be able to evaluate the effect of the money supply on the economic activities after learning the theories of the demand for money and after using the disipline provided by different approaches.
5) Will be able to learn how the monetary policy is formulated after analysing the targets(strategies) and the instruments of monetary policy
6) Will be able to know about the practice of monetary policy in different countries
7) Will be able to make monetary analysis by studying money as a market phenomenon
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | The nature and history of money, the role of the depository and credit institutions on creating money, the control of the money supply by the central banks, the theories of the demand for money and how money affects the economy are the main issues to be studied in the course. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Definition and Functions of Money | | 2nd Week | The Relation Between Money Supply and Bank Reserves (Money Multiplier) | | 3rd Week | The Relation Between Money Supply and Bank Reserves (Money Multiplier) | | 4th Week | Balanced Sheet of the Central Banks and the Monetary Control | | 5th Week | Balanced Sheet of the Central Bank and the Monetary Control | | 6th Week | The Theories of the Demand for Money (Monetarist and Keynesian Approaches) | | 7th Week | The Theories of the Demand for Money (Monetarist and Keynesian Approach) | | 8th Week | Midterm | | 9th Week | The Targets (Strategies) and the Instruments of Monetary Policy | | 10th Week | The Targets (Strategies) and the Instruments of Monetary Policy | | 11th Week | Monetary Policy Regimes and the Practice on Different Countries | | 12th Week | Monetary Analysis by Studying Money as a Market Phenomenon | | 13th Week | Recap | | 14th Week | Discussion |
|
| RECOMENDED OR REQUIRED READING | Para: Teori-Politika-Uygulama, Keyder N., Bizim Büro Basımevi, Ankara 2007.
An Introduction to Monetary Theory and Policy,Wrightsman D.,Free Press, Collier, Macmillan Publishers, London 1983 |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Questions/Answers,Project,Presentation,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 30 | | Project | 1 | 10 | | Total(%) | | 40 | | Contribution of In-term Studies to Overall Grade(%) | | 40 | | Contribution of Final Examination to Overall Grade(%) | | 60 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 1 | 1 | | Preparation for Quiz | | | | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 40 | 40 | | Course hours | 13 | 3 | 39 | | Preparation for Midterm exam | 1 | 20 | 20 | | Laboratory (including preparation) | | | | | Final exam | 1 | 1 | 1 | | Homework | | | | | Project | 1 | 10 | 10 | | Total Workload | | | 153 |
|---|
| Total Workload / 30 | | | 5,1 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
