TÜRKÇE
ENGLISH
Information
| Code | BVS237 |
| Name | Monetary Theory and Policy |
| Term | 2023-2024 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Ön Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör.Dr. AYŞE BOZKURT |
| Course Instructor |
Öğr. Gör. Recep Ragıp ERCANKAL
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
It is having the necessary qualifications and infrastructure within the scope of monetary theory and policy.
Course Content
This course; Money Concept and Definitions, Monetary Systems and Standards, Money Supply Concept, Central Banks Money Supply Definitions, Money Demand Concept, Quantity Theory and Cambridge Approach, Keynesian Demand Theory, Friedmanian Quantity Theory, Short Term IS-LM Model, Long Term IS- LM Model, Introduction to Monetary Policy Regimes, Exchange Rate Targeting, Monetary and Inflation Targeting, Examples of Monetary Policy in Turkish Economy; includes topics.
Course Precondition
none
Resources
Para Teorisi ve Para Politikası Prof. Dr. M. Merih Paya
Notes
Para Teorisi ve Para Politikası notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Learning explanation of the theory of money and money policy, functions and properties of money |
| LO02 | Learning definitions for quantity of money, liquidity and loan |
| LO03 | Learning regimes of money and basic principles, the position of the monetary part in the financial system |
| LO04 | Learning the theory of the demand for money |
| LO05 | Learning the theory of money supply |
| LO06 | Explain the schools of money. |
| LO07 | The real economy understands the basic links of monetary economy relations. |
| LO08 | Keynesian and Monetarist, etc. understands approaches. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Students have current theoretical knowledge in basic level related to Banking and Insurance. | 4 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Students have current practical knowledge at basic level related to Banking and Insurance. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Students are able to use the basic level theoretical and practical knowledge in the field of Banking and Insurance in a field of advanced education or at the same level. | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Defines the basic knowledge and skills related to the banking and insurance profession. | 4 |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works independently and defines responsibilities on basic level issues related to the banking and insurance profession. | 4 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Demonstrates responsibility as a team member to solve complex and unforeseen problems encountered in applications related to the banking and insurance profession. | 4 |
| PLO07 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Organizes activities for the development of employees under her responsibility within the framework of a project. | |
| PLO08 | Yetkinlikler - Öğrenme Yetkinliği | Sorts their own knowledge and skill level critically, identifies their learning needs. | |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Raises professional development to a higher level. | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students have the awareness of lifelong learning. | |
| PLO11 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses his/her thoughts through written and verbal communication at the level of basic knowledge and skills on banking and insurance profession. | |
| PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Know a foreign language at basic level, follow the information related to the profession and communicate with colleagues in a foreign language. | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Understands computer operating systems, office applications, information and communication technologies. | |
| PLO14 | Yetkinlikler - Alana Özgü Yetkinlik | It has social, scientific, cultural and ethical values in the stages of collecting, implementing and announcing the data related to the field. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | The history of our republic, basic values, the universality of social rights, social justice, quality and cultural values, environmental protection, occupational health and safety has sufficient consciousness. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Explanation of the theory of money and money policy, functions and properties of money | Reading | Öğretim Yöntemleri: Anlatım |
| 2 | Definitions for quantity of money, liquidity and loan | Reading | Öğretim Yöntemleri: Anlatım |
| 3 | Regimes of money and basic principles, the position of the monetary part in the financial system | Reading | Öğretim Yöntemleri: Anlatım |
| 4 | The theory of the demand for money | Reading | Öğretim Yöntemleri: Anlatım |
| 5 | The theory of money supply | Reading | Öğretim Yöntemleri: Anlatım |
| 6 | The theory of interest, balance of payments and quantity of money | Reading | Öğretim Yöntemleri: Anlatım |
| 7 | Money policy | Reading | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Mid-term exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Types of Monetary Policy | Reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 10 | Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy | Reading | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Reactions for Keynesian aproaches and neo-classical synthesis | Reading | Öğretim Yöntemleri: Anlatım |
| 12 | General disequilibrium approach, Moneray approach | Reading | Öğretim Yöntemleri: Anlatım |
| 13 | Moneray approach and New classical economics | Reading | Öğretim Yöntemleri: Anlatım |
| 14 | New Keynesians and Austrian School | Reading | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Inflation theories | Reading | Öğretim Yöntemleri: Soru-Cevap |
| 16 | Term Exams | Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 86 | ||
| Total Workload / 25 (h) | 3,44 | ||
| ECTS | 3 ECTS | ||