Information Package / Course Catalogue
Monetary Theory and Policy
Course Code: İKT303
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

To analyze theoretical and political development of the monetary economics as an important component of macro economy and also to study money creation by the central banks and other intermediary financial institutions in the discipline of banking economics.

Course Content

Basic Contexts, Central Bank; TC Central Bank And İts Fundamental Duties, Monetary Policy Instumentals of TC Central Bank, Money Supply Descriptions, Reserve Money, Monetary Base, Proper Money And Balance Sheet Of Central Bank, Money İncrease Mechanism, Money Demand Theories:Classical And Modern Quantity Theories, Money Demand Theories: Keynesien And Neo-Keynesian Theories, Money Demand Theories: Keynesien And Neo-Keynesian Theories, Money Demand Theories:Differencies Between Various Money Demand Theories, Interest:Theory And Application, Monetary Transmission Mechanism And Monetary Approach For Balance Of Payment.

Name of Lecturer(s)
Prof. Mehmet BÖLÜKBAŞ
Learning Outcomes
1.Assimilate properly monetary economics
2.Able to understand Monetary Transmission Mechanism And Monetary Approach For Balance Of Payment
3.Able to understand and analyse the TC Central Bank monetary system
4.To be able to define and explain the concepts of internal and externality of money supply.
5.To be able to explain how and by which means the monetary authorities can control the total money supply.
Recommended or Required Reading
1.Nur Keyder, Evrim Ertunga (2012), Para Teori Politika Uygulama, 12. Baskı.
2.Merih Paya (1998), Para Teorisi ve Politikası, Filiz Kitapevi, 2. baskı, İstanbul
Weekly Detailed Course Contents
Week 1 - Theoretical
Basic Contexts
Week 2 - Theoretical
Central Bank; TC Central Bank And İts Fundamental Duties
Week 3 - Theoretical
Monetary Policy Instumentals of TC Central Bank
Week 4 - Theoretical
Money Supply Descriptions
Week 5 - Theoretical
Money Increase Mechanism
Week 6 - Theoretical
Para Artış Mekanizması
Week 7 - Theoretical
Money Demand Theories:Classical And Modern Quantity Theories
Week 8 - Theoretical
Money Demand Theories:Classical And Modern Quantity Theories
Week 9 - Theoretical
Money Demand Theories: Keynesien And Neo-Keynesian Theories
Week 10 - Theoretical
Interest:Theory And Application
Week 11 - Theoretical
Interest:Theory And Application
Week 12 - Theoretical
Monetary Transmission Mechanism And Monetary Approach For Balance Of Payment
Week 13 - Theoretical
Exchange Rate Systems
Week 14 - Theoretical
Stabilization Programs And Monetary Policies
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work121236
Midterm Examination1819
Final Examination19110
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
OÇ-1
5
5
5
5
3
3
3
3
3
OÇ-2
3
5
3
5
3
5
3
3
5
OÇ-3
3
3
3
5
4
3
3
5
3
OÇ-4
3
5
3
3
5
3
3
3
4
OÇ-5
3
5
3
3
3
3
3
3
4
Adnan Menderes University - Information Package / Course Catalogue
2026