Information Package / Course Catalogue
Theory of Money
Course Code: BAS106
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 2
Prt.: 1
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

Money and money problems have become integral parts of our economic and social life in our day. Real events appear to be cloaked in monetary cover. For this reason, it is of great benefit to have some basic knowledge of money and monetary issues in order to be able to correctly understand the events we are living in. The ultimate goal of the course is to help the students in this regard.

Course Content

Definitions of money, functions of money, monetary systems, international monetary system and its problems, money demand, money supply and balance in the money market, balance of payments, international trade, Bretton Woods, IMF, World bank, Monetary policy.

Name of Lecturer(s)
Ins. Mustafa Seçkin AYDIN
Learning Outcomes
1.Gains knowledge of historical development of money.
2.Students have analytical thinking ability.
3.Recognize monetary policy tools
4.Recognize the objectives of monetary policy.
5.Knows what needs to be done for price stability.
Recommended or Required Reading
1.Money and Money Policy in 100 Questions, Sadun AREN, 2013.
Weekly Detailed Course Contents
Week 1 - Preparation Work
Introduction of the course, Method, Content and sources of information transfer, Course Introduction.
Week 2 - Theoretical
Definition, Types and Functions of Money.
Week 3 - Theoretical
The division of labor, exchange and the prosperity of money, the possibilities and obstacles provided by money.
Week 4 - Theoretical
the benefits and drawbacks of the money standard, the gold standard and the paper currency standard.
Week 5 - Theoretical
What is the money supply and what does the central bank emit according to?
Week 6 - Theoretical
Bank money, quantity theory, liquidity preference, money circulation rate concepts.
Week 7 - Theoretical
How is the interest rate determined according to the classical and Keynes?
Week 8 - Intermediate Exam
Foreign trade balance, exchange rate, convertibility concepts (midterm exam)
Week 9 - Theoretical
Foreign trade balance, exchange rate, convertibility concepts.
Week 10 - Theoretical
Balance of payments topic.
Week 11 - Theoretical
Bretton Woods conference, SDR and import substitution.
Week 12 - Theoretical
Money policy, relations between total demand and total supply.
Week 13 - Theoretical
Inflation, causes and consequences.
Week 14 - Theoretical
Prevention of inflation.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory141356
Reading1112
Midterm Examination1718
Final Examination110111
TOTAL WORKLOAD (hours)77
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
OÇ-1
3
3
3
OÇ-2
4
4
4
OÇ-3
3
4
3
OÇ-4
3
3
3
OÇ-5
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026