Learn money, role of money in economy, monetary theory and policy, financial markets and their structures and functions.
Understand money and interest rates, thec entral banks, banking system, and Money creation, the tools of monetary policies and how to conduct these policies.
Mode of Delivery
Face to face
Prerequisites
No
Recommended Optional Programme Components
None
Course Description
The main objective of this course is to examine how financial markets work in general. Functions of financial institutions, monetary theory, the interaction between money supply and financial markets, the bond market and the structure of interest rates are some of the topics that will be covered. Students who take this course also will learn how to interpret financial news they hear from media.
Course Contents
WEEK
TOPICS
1st Week
Financial Markets and Institutions
2nd Week
Why Study Money, Banking, and Financial Markets?
3rd Week
An Overview of the Financial System
4th Week
What Is Money?
5th Week
Understanding Interest Rates
6th Week
The Behavior of Interest Rates
7th Week
Midterm Exam
8th Week
The Management of Banks and Financial Institutions
9th Week
Central Banks and Their Structure
10th Week
The Money Supply and Money Creation
11th Week
Tools of Monetary Policy
12th Week
Central Bank Policy Goals, Strategies, and Tactics
13th Week
The Demand for Money, the Quantity Theory, and Inflation
14th Week
The Monetary Policy Transmission Mechanism
Recommended or Required Reading
Mishkin, Frederic S. , TheEconomics of Money, Banking, and Financial Markets; Pearson, AddisonWesley, 2013, 10th Edition.
Planned Learning Activities and Teaching Methods
Lecture
Discussion
Assessment Methods and Criteria
Quantity
Percentage (%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
