IKS406 Central Banking and Monetary Policy

6 ECTS - 3-0 Duration (T+A)- 8. Semester- 3 National Credit

Information

Unit FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
FINANCE PR.
Code IKS406
Name Central Banking and Monetary Policy
Term 2019-2020 Academic Year
Semester 8. Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Label E Elective
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Doç. Dr. ERHAN İŞCAN
Course Instructor
The current term course schedule has not been prepared yet.


Course Goal / Objective

Taking the importance central banks have gained in recent years into consideration, and on the one hand focusing on the importance of political / economic mergers between countries, on the other hand, the importance of new economies approaching, and finally remebering the increasing international capital movements, the purpose of this course is first of all focusing on the functions, the role of central banks in monetary policy instruments and objectives put forward in the liberalization of capital movements, especially their effects on the balance sheets of central banks. Secondly, understanding the function of central banks and analyzing the independence of central banks, the inflation targeting and reserve governments and their economic consequences. In addition, understanding the working system of central banks and the ability to analyze and make inferences about the future.

Course Content

Modern Perspectives on Money and Monetary Policy in the Financial System and Banking, Banking, and Central Banking, Central Bank Independence, Reliability, Importance of the Principles of Transparency and Accountability.

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understand the position and role of central banks in money policy.
LO02 Analyze the economical results of the changes in balance sheets due to capital movements.
LO03 Analyze the independence of central banks, inflation targeting, reserve management, and their economic consequences.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 4
PLO01 - Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. 4
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 3
PLO02 - Collecting and commenting data from different sources using contemporary communication tools, methods and processes 4
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 3
PLO03 - Having basic computer skills and knowledge, the vocational field uses this information 4
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 3
PLO04 - Perform numerical and statistical data aggregation, analysis and interpretation 4
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 4
PLO05 - Individually and / or in a team, take responsibility, leadership, and effectively works 4
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 3
PLO06 - An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it 3
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 4
PLO07 - Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates 4
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 4
PLO08 - Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules 4
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 3
PLO09 - Turkish and at least one foreign language is used in accordance with the needs of academic life and business life 3
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO10 - Uses Turkish in accordance with the needs of academic life and business life 4
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 4
PLO11 - He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally 4
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 4
PLO12 - It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. 3
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO13 - Aware of and act in accordance with social, scientific and professional ethical values 4
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 3
PLO14 - Question traditional approaches, practices and methods, develop new working methods where necessary and 4


Week Plan

Week Topic Preparation Methods
1 Monetary Policy and Central Banking Readings
2 Monetary Policy and Central Banking Readings
3 Balance Sheet of central banks Readings
4 Balance Sheet of central banks Readings
5 Effects of the monetary policy Readings
6 Effects of the monetary policy Readings
7 Effects of the monetary policy Readings
8 Midterm exam prepare to exam
9 Inflation targeting Readings
10 Monetary policy options of TCMB Readings
11 Balance sheet of central bank Readings
12 Independence of Central Bank Readings
13 Manage of reserve and economic consequences Readings
14 Manage of reserve and economic consequences Readings
15 Manage of reserve and economic consequences Readings
16 Final exam prepare to exam
17 Final exam prepare to exam


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 06.05.2025 03:28