| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Monetary Theory and Policy II | İKT306 | 6. Semester | 3 + 0 | 3.0 | 5.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | Face to face. |
| Course Coordinator |
Prof. Dr. Ayfer GEDİKLİ |
| Instructors |
Ayfer GEDİKLİ |
| Assistants | |
| Goals | The aim of this course is to strengthen the macroeconomic infrastructure by making a detailed analysis of monetary concepts and theories. |
| Course Content | The Central Bank, monetary policy, monetary policy in Turkey, monetary and fiscal policies. |
| Learning Outcomes |
- Students can discuss the effects of monetary policies on foreign economic balance. - Students can summarize the historical development of the monetary policy implemented in Turkey. - Students can discuss different theoretical approaches to the effects of monetary policy in case studies. |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Economic Policy-Monetary Policy | |
| 2. Week | Objectives of Monetary Policy | |
| 3. Week | Tools of Monetary Policy | |
| 4. Week | The Problem of Delay in Monetary Policy. | |
| 5. Week | Characteristics of Monetary Policy Applications. | |
| 6. Week | Monetary and Fiscal Policies | |
| 7. Week | Monetarist Approach | |
| 8. Week | MIDTERM EXAM | |
| 9. Week | Monetary Policy and Economic Stability | |
| 10. Week | Monetary Policy and Macroeconomic Equilibrium: Classical Model | |
| 11. Week | National Income Balance and Simple Keynesian Models | |
| 12. Week | IS-LM-BP Models in Open Economy: Balance of Payments, Interest Rate and Output Level | |
| 13. Week | Aggregate Demand-Aggregate Supply Model (AD-AS Model) and Theories of Business Cycle. | |
| 14. Week | Implementation of Monetary Policy in Turkey since 1923 |
| Özbilen, Şevki (2016), Para'nın Kitabı, Gazi Kitabevi |
| Para politikası ve teorisi = Economics of money, banking, and financial markets / Mishkin, Frederic S. ; Çevirenler : İlyas Şıklar, Ahmet Çakmak, Suat Yavuz |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | Measurement Method |
|---|---|---|---|---|---|
| PY1 | 5 | 0 | 0 | 0 | - |
| PY2 | 5 | 0 | 0 | 0 | - |
| PY3 | 5 | 0 | 0 | 0 | - |
| PY4 | 5 | 0 | 0 | 0 | - |
| PY5 | 2 | 0 | 0 | 0 | - |
| PY6 | 4 | 0 | 0 | 0 | - |
| PY7 | 4 | 0 | 0 | 0 | - |
| PY8 | 4 | 0 | 0 | 0 | - |
| PY9 | 3 | 0 | 0 | 0 | - |
| PY10 | 1 | 0 | 0 | 0 | - |
| PY11 | 3 | 0 | 0 | 0 | - |
| PY12 | 2 | 0 | 0 | 0 | - |
| PY13 | 1 | 0 | 0 | 0 | - |
| PY14 | 1 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Midterm 1 | 1 | 30 | 30 |
| Homework 1 | 1 | 15.5 | 15.5 |
| Final | 1 | 40 | 40 |
| Classroom Activities | 14 | 3 | 42 |
| Total Workload | 127.5 | ||
| ECTS Credit of the Course | 5.0 | ||
