Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
2FBS108Theory Of Money And Monetary Policy3+0+035

Course Details
Language of Instruction Turkish
Level of Course Unit Associate Degree
Department / Program Banking and Insurance Business
Mode of Delivery Face to Face
Type of Course Unit Compulsory
Objectives of the Course Detailed Analysis of Monetary Concepts, Theories, Monetary Institutions and Policies
Course Content Theoretical Framework of Monetary Theory and Policy
Course Methods and Techniques Students are expected to come prepared for the subject of the week before the lesson. Weekly lectures are evaluated by midterm and final exams. In the final exam, students are held responsible for all subjects from the first week.
Prerequisites and co-requisities None
Course Coordinator Instructor Janberk Okan janberk.okan@gedik.edu.tr
Name of Lecturers Instructor Janberk Okan janberk.okan@gedik.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Mishkin, Frederic S. (2007), The Economics of Money, Banking and Financial Institutions
Mishkin, Frederic S. (2011), Monetary Policy Strategy
Özatay, Fatih (2019), Parasal İktisat: Kuram ve Politika (İstanbul: Efil Yayınevi).
Yalta, Yasemin (2020), Para Teorisi ve Politikası Ders Notları (TÜBA Açık Ders Malzemeleri Projesi)
Yay, Gülsün G. (2015), Para ve Finans: Teori-Politika (İstanbul: Bilgi Ün. Yayınları)
Lecturing with current examples
Ödev (%10)
Arasınav (%30) + Final (%60)

Course Category
Social Sciences %60
Field %40

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Assignment 1 % 10
Final examination 1 % 60
Total
3
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 3 42
Assignments 1 12 12
Mid-terms 1 12 12
Final examination 1 24 24
Total Work Load   Number of ECTS Credits 5 132

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Can define monetary variables (money supply, money demand, inflation, interest rate, exchange rate).
2 Know the foundations and theoretical framework of monetary theory.
3 Knows monetary policy instruments and their functioning.
4 Know how variables such as short and long term exchange rates and interest rates are determined.
5 Knows monetary policy regimes and monetary transmission mechanisms.


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Definition and Function of Money Yasemin Yalta - Monetary Theory and Policy Lecture Notes Part 1
2 Interest Rates Yasemin Yalta - Monetary Theory and Policy Lecture Notes Part 2
3 The Theories of Interest Rate Yasemin Yalta - Monetary Theory and Policy Lecture Notes Part 3
4 Financial Markets and Financial Institutions Yasemin Yalta - Monetary Theory and Policy Lecture Notes Part 4
5 Money Supply Process Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 5
6 Monetary Policy Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 6
7 The Demand for Money Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 7
8 The IS-LM Model Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 8
9 Money and Economic Activities Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 9
10 Money and Inflation Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 10
11 Rational Expectations Theory Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 11
12 Policy Reflections of Rational Expectations Theory and Combating Inflation Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 12
13 Determining the Exchange Rate Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 13
14 Monetary Policy Regimes Yasemin Yalta - Monetary Theory and Policy Lecture Notes Chapter 14


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12
All 5 5 4 5 4 3 5 5
C1 5 5 4 5 4 3 5 5
C2 5 5 4 5 4 3 5 5
C3 5 5 4 5 4 3 5 5
C4 5 5 4 5 4 3 5 5
C5 5 5 4 5 4 3 5 5

bbb


https://obs.gedik.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=113354&curProgID=59&lang=en