TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | IKS318 |
| Name | Monetary Theory |
| Term | 2020-2021 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. MUAMMER TEKEOĞLU |
| Course Instructor |
Prof. Dr. HAKKI ÇİFTÇİ
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The theory of money has gained importance in the 20th century and become a vital part of the Macroeconomics Theory. It is also the most complex part of the Macroeconomics Theory. The theory is shaped by Keynesian and Monetarist approaches and has not reached completeness yet. The course covers the arguments and analysis in this context. The student who wants to improve him/herself in the theory of money should also study finance and banking. The course covers the fundemantal connections between real monetary economic relationships.
Course Content
Theory of money, definitions for quantitiy of money, demand, supply, and policy for money, monetary schools
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understands monetary framework of macroeconomics |
| LO02 | Comprehends the importance of stability in the macro-monetary framework |
| LO03 | Analyzes the causes of monetary crisis and the usefulness |
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. | 2 |
| PLO02 | - | Collecting and commenting data from different sources using contemporary communication tools, methods and processes | 3 |
| PLO03 | - | Having basic computer skills and knowledge, the vocational field uses this information | 5 |
| PLO04 | - | Perform numerical and statistical data aggregation, analysis and interpretation | 3 |
| PLO05 | - | Individually and / or in a team, take responsibility, leadership, and effectively works | 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 | 5 |
| PLO08 | - | Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules | 3 |
| PLO09 | - | Turkish and at least one foreign language is used 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 | 3 |
| PLO11 | - | He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally | 2 |
| 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 |
| PLO14 | - | Question traditional approaches, practices and methods, develop new working methods where necessary and | 3 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Explanation of the theory of money and money policy, functions and properties of money | Students will read the relevant sections of the books by topics. | |
| 2 | Definitions for quantity of money, liquidity and loan | Students will read the relevant sections of the books by topics. | |
| 3 | Regimes of money and basic principles, the position of the monetary part in the financial system | Students will read the relevant sections of the books by topics. | |
| 4 | The theory of the demand for money | Students will read the relevant sections of the books by topics. | |
| 5 | The theory of money supply | Students will read the relevant sections of the books by topics. | |
| 6 | The theory of interest, balance of payments and quantity of money | Students will read the relevant sections of the books by topics. | |
| 7 | Money policy | Students will read the relevant sections of the books by topics. | |
| 8 | Mid-Term Exam | prepare to exam | |
| 9 | Money policy (Cont.) | Students will read the relevant sections of the books by topics. | |
| 10 | Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy | Students will read the relevant sections of the books by topics. | |
| 11 | Reactions for Keynesian aproaches and neo-classical synthesis | Students will read the relevant sections of the books by topics. | |
| 12 | General disequilibrium approach, Moneray approach | Students will read the relevant sections of the books by topics. | |
| 13 | Moneray approach (cont), New classical economics | Students will read the relevant sections of the books by topics. | |
| 14 | New Keynesians, Austrian School | Students will read the relevant sections of the books by topics. | |
| 15 | Inflation theories | Students will read the relevant sections of the books by topics. | |
| 16 | Term Exams | prepare to exam | |
| 17 | Term Exams | prepare to exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
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 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||