TOROS ÜNİVERSİTESİ
Bilgi Paketi Ders Kataloğu

Course Information

MONETARY THEORY AND POLICY
Code	Semester	Theoretical	Practice	National Credit	ECTS Credit
		Hour / Week
INF205	Fall	3	0	3	5

Prerequisites and co-requisites	Macroeconomics
Language of instruction	English
Type	Required
Level of Course	Bachelor's
Lecturer	Asst. Prof. Dr. Gökçe MANAVGAT
Mode of Delivery	Face to Face
Suggested Subject	Active participation of students is expected.
Professional practise ( internship )	None
Objectives of the Course	There are 3 objectives. First students have knowledge on monetary theory and policies. Second they gather data about Turkish economy and have idea about it. Finally they improve their English.
Contents of the Course	money, functions and properties of money, amount of money, money regimes, central bank, money control tools, money demand theory, money supply theory, interest rates, balance of payments

Learning Outcomes of Course

#	Learning Outcomes
1	Students are able to use economic concepts and theories.
2	Students follow news, articles, and events on economics.
3	Students imrpve their English skills.
4	Students are able to talk and convince others about economic problems.
5	They act and behave in responsible and sharing attitude.

Course Syllabus

#	Subjects	Teaching Methods and Technics
1	What Is Money? Functions of Money, Central Bank and Its Responsibilities	Synchronous- lms.toros.edu.tr
2	Central Bank and Its Responsibilities, What does the Central Bank Do?	Synchronous- lms.toros.edu.tr
3	Central Bank Money System, Money Supply, How the Banks Create the Money, Bank and Central Banks’ Balance Sheet, Supply Curve for Money	Synchronous- lms.toros.edu.tr
4	How the Central Bank Reserve Controls the Money Supply and Monetary Tools , Goals	Synchronous- lms.toros.edu.tr
5	Money Demand, Classical Economics and the Classical Economics and the Quantity Theory of Money, Keynesian Money Demand Theory and Friedman Theory	Synchronous- lms.toros.edu.tr
6	Money Demand and the Equilibrium Interest Rate, The Demand for Money, The Equilibrium Interest Rate	Synchronous- lms.toros.edu.tr
7	Aggregate Demand in the Goods and Money Markets, Policy Effects in the Goods and Money Markets, Monetary Transmission Mechanism and Price Level	Synchronous- lms.toros.edu.tr
8	Midterm Exam.	Synchronous- lms.toros.edu.tr
9	The Aggregate Supply Curve, The Long-Run Aggregate Supply Curve, Monetary and Fiscal Policy Effects, The Behavior of the Central Bank, Inflation Targeting	Synchronous- lms.toros.edu.tr
10	IS-LM Model, Derivation of IS Curve Goods Market Balance, Interest Relationship, Factors Shifting the IS Curve	Synchronous- lms.toros.edu.tr
11	IS-LM Model, Derivation of LM Curve Money Market Balance, Interest Relationship, Factors Shifting the LM Curve	Synchronous- lms.toros.edu.tr
12	Monetary and Fiscal Policies and Its Effect on The Equilibrium Interest Rate	Synchronous- lms.toros.edu.tr
13	IS-LM Model in the Long Run and Policy Implications	Synchronous- lms.toros.edu.tr
14	Money and Economic Activities, Monetary Transmission Mechanisms	Synchronous- lms.toros.edu.tr
15	Determination of The Exchange Rate And The Foreign Exchange Market	Synchronous- lms.toros.edu.tr
16	Final Exam	Face to face

Course Syllabus

#	Material / Resources	Information About Resources	Reference / Recommended Resources
1	Parasal İktisat: Kuram ve Politika, Fatih Özatay,	3.baskı, Efil Yayınevi,
2	Case, Fair and Oster, Principle of Macroeconomics/Monetary Economics Parts, Pearson, 10th Edition (2012)
3	Frederic Mishkin, The Economics of Money Banking and Financial Markets, Pearson Addison Wesley 7th Edition (2004)

Method of Assessment

#	Weight	Work Type	Work Title
1	20%	Mid-Term Exam	Mid-Term Exam
2	80%	Final Exam	Final Exam

Relationship between Learning Outcomes of Course and Program Outcomes

#	Learning Outcomes	Program Outcomes	Method of Assessment
1	Students are able to use economic concepts and theories.	1	1͵2
2	Students follow news, articles, and events on economics.	9	1͵2
3	Students imrpve their English skills.		1͵2
4	Students are able to talk and convince others about economic problems.	9͵12	1͵2
5	They act and behave in responsible and sharing attitude.	13	1͵2

PS. The numbers, which are shown in the column Method of Assessment, presents the methods shown in the previous table, titled as Method of Assessment.

Work Load Details

#	Type of Work	Quantity	Time (Hour)	Work Load
1	Course Duration	14	3	42
2	Course Duration Except Class (Preliminary Study, Enhancement)	14	2	28
3	Presentation and Seminar Preparation	1	4	4
4	Web Research, Library and Archival Work	0	0	0
5	Document/Information Listing	0	0	0
6	Workshop	0	0	0
7	Preparation for Midterm Exam	1	20	20
8	Midterm Exam	1	2	2
9	Quiz	2	1	2
10	Homework	0	0	0
11	Midterm Project	0	0	0
12	Midterm Exercise	0	0	0
13	Final Project	0	0	0
14	Final Exercise	0	0	0
15	Preparation for Final Exam	1	50	50
16	Final Exam	1	2	2
				150