| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Define the money supply using basic macroeconomic concepts and evaluate its function in the economy.
- Analyze bank balance sheets and relate the money supply and bank reserves through the money multiplier mechanism.
- Assess the Central Bank's balance sheet items and explain how monetary control is conducted.
- Learn money demand theories and evaluate the impact of money on economic activities using the discipline proposed by different approaches.
- Understand how monetary policy goals (strategies) and tools are formulated.
- Know the different monetary policy regimes and their applications in various countries.
- Gain the ability to conduct monetary analysis by jointly evaluating money supply and money demand within the framework of the market concept.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course covers the theory of money supply, theories of money demand, classical and neo-classical quantity theory, monetarist and Keynesian views on money, portfolio balance and wealth adaptation approaches, monetary policy goals and tools, monetary board, and inflation targeting applications. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Definition of money supply and the functions of money |
|
2nd Week |
Relationship between money supply and bank reserves |
|
3rd Week |
Relationship between money supply and bank reserves |
|
4th Week |
Central Bank balance sheet and monetary control mechanisms |
|
5th Week |
Central Bank balance sheet and monetary control mechanisms |
|
6th Week |
Theories of money demand (monetarist and Keynesian approaches) |
|
7th Week |
Theories of money demand (monetarist and Keynesian approaches) |
|
8th Week |
Midterm exam |
|
9th Week |
Objectives (strategies) and tools of monetary policy |
|
10th Week |
Objectives (strategies) and tools of monetary policy |
|
11th Week |
Monetary policy regimes and applications in different countries |
|
12th Week |
Monetary policy regimes and applications in different countries |
|
13th Week |
Joint evaluation of money supply and money demand and monetary analysis within the market concept |
|
14th Week |
General evaluation |
|
| Recommended or Required Reading | Keyder, N., & Ertunga, E. İ. (2012). Para: Teori-Politika-Uygulama (12th ed.). Literatür Yayıncılık.
Wooldridge, J. M. (2019). Ekonometriye giriş: Modern yaklaşım (E. Ç. Akay, Ed.). Nobel Akademik Yayıncılık. (Translation of the 4th edition). |
|---|
| 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 Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
30 |
30 |
| 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 Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
