Information Package / Course Catalogue
Central Bank and Monetary Policies
Course Code: BFN538
Course Type: Area Elective
Couse Group: Second Cycle (Master'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)
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 analyze the reflections of monetary policy to economic agents (households, firms state)
5.To be able to compare the effecst of exchange rate policies on foreign trade, growth, employment and inflation.
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 - Intermediate Exam
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
Money Increase Mechanism
Week 7 - Theoretical
Money Demand Theories:Classical And Modern Quantity Theories
Week 8 - Theoretical
Midterm Exam
Week 9 - Theoretical
Money Demand Theories: Keynesien And Neo-Keynesian Theories
Week 10 - Theoretical
Money Demand Theories: Keynesien And Neo-Keynesian Theories
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
Week 15 - Theoretical
European Central Bank
Week 16 - Theoretical
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory144398
Midterm Examination110111
Final Examination114216
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
Fatal error: Uncaught SoapFault exception: [HTTP] Failed Sending HTTP SOAP request in D:\wwwpages\bilgipaketi.adu.edu.tr\httpdocs\includes\engine.php:596 Stack trace: #0 [internal function]: SoapClient->__doRequest('__soapCall('DerseGoreDersCi...', Array) #2 D:\wwwpages\bilgipaketi.adu.edu.tr\httpdocs\includes\modules\programme-detail.php(669): DerseGoreDersCiktiGetir('24274') #3 D:\wwwpages\bilgipaketi.adu.edu.tr\httpdocs\index.php(226): include('D:\wwwpages\bil...') #4 {main} thrown in D:\wwwpages\bilgipaketi.adu.edu.tr\httpdocs\includes\engine.php on line 596