Information Package / Course Catalogue
Monetary Theory and Policy
Course Code: EKO535
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: None.
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

To give an understanding of monetary theory and policy.

Course Content

The basic terms about monetary theory and policy, Central Banking, mpnetary policy and its instruments, financial intermediary firms and institutions, money supply, rezerve money, monetary objective.

Name of Lecturer(s)
Prof. Abdullah ÖZDEMİR
Learning Outcomes
1.Learn how central banks work
2.Learn the effects of monetary policies on the economy
3.At the end of this course, the student will be able to explain what money is in the economic sense, money demand and money supply theories and the execution of monetary policy.
4.Can make an interdisiplinary connection over the course subjects
5.Can make an analysis about subjects and can comment on economy
Recommended or Required Reading
1.Monetary Theory - Policy, Mishkin,Frederic S.
Weekly Detailed Course Contents
Week 1 - Theoretical
The Structure of the Central Banks and Reserve System
Week 2 - Theoretical
Deposit Creation and Money Supply Process
Week 3 - Theoretical
Factors Determining Money Supply
Week 4 - Theoretical
Tools of the Monetary Policy
Week 5 - Theoretical
Monetary Policy Administration: Aims and Targets
Week 6 - Theoretical
International Financial System
Week 7 - Theoretical
Monetary Policy Strategy: International Experience
Week 8 - Intermediate Exam
Midterm Exam
Week 9 - Theoretical
Money Demand
Week 10 - Theoretical
Keynesian Analysis and IS-LM Analysis
Week 11 - Theoretical
Monetary and Fiscal Policy in the IS-LM model
Week 12 - Theoretical
Aggregate Demand-Aggregate Supply Curve
Week 13 - Theoretical
Transfer Mechanisms of the Monetary Policy: Evidence
Week 14 - Theoretical
Money and Inflation
Week 15 - Theoretical
Rational Expectations Theory
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory153390
Midterm Examination110212
Final Examination120222
TOTAL WORKLOAD (hours)124
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
PÇ-10
PÇ-11
PÇ-12
PÇ-13
OÇ-1
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-2
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-3
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-4
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-5
4
4
4
4
4
4
4
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue