1	Course Title:	MONETARY THEORY AND POL.
2	Course Code:	IKT3103
3	Type of Course:	Optional
4	Level of Course:	First Cycle
5	Year of Study:	3
6	Semester:	5
7	ECTS Credits Allocated:	5
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	None
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Prof. Dr. Ferudun Yılmaz
16	Course Lecturers:	Doç. Dr. Hülya KANALICI AKAY Doç. Dr. Nejla ADANUR AKLAN
17	Contactinformation of the Course Coordinator:	fyilmaz@uludag.edu.tr 0224 294 10 87 Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, A Blok, 4. Kat, Nilüfer, Bursa.
18	Website:
19	Objective of the Course:	The objective of the course is to provide knowledge of the role of money and the impact of monetary policy and monetary transmission mechanisms in the economy.
20	Contribution of the Course to Professional Development

21

Learning Outcomes:

1 To be able to explain basic monetary policy tools and their role in the economy; 2 To be able to understand tranmission mechanisms of monetary policy.; 3 To be able to analyse money markets; 4 To be able to understand how interest rates determinate.; 5 To be able to understand and explain practices of monetary policy in Turkey.; 6 To be able to analyse macroeconmic problems and propose solutions. ; 7 To be able to explain the role of economic agents in economy.; 8 To be able to follow national and international economic indicators.;

22	Course Content:

Week	Theoretical	Practical
1	Central Banks: A Global Perspective
2	Money Supply Process
3	Tools of Monetary Policy
4	Monetary Policy Goals, Strategy, and Tactics
5	The International Financial System
6	Monetary Policy Strategy: International Applications
7	The Demand for Money
8	The ISLM Model
9	Monetary and Fiscal Policy in the ISLM Model
10	Aggregate Demand and Supply Analysis
11	Transmission Mechanisms of Monetary Policy: The Evidence
12	Money and Inflation
13	Rational Expectations: Implications for Policy
14	Monetary Policy in Turkey

23	Textbooks, References and/or Other Materials:	Frederic S. Mishkin; Para Teorisi ve Politikası, 2000. Fatih Özatay; Parasal İktisat; Kuram ve Politika, 2011. Mahfi Eğilmez-Ercan Kumcu; Ekonomi Politikası: Teori ve Türkiye Uygulaması, 2006.
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	1	40
Quiz	0	0
Homeworks, Performances	0	0
Final Exam	1	60
Total	2	100
Contribution of Term (Year) Learning Activities to Success Grade		40
Contribution of Final Exam to Success Grade		60
Total		100
Measurement and Evaluation Techniques Used in the Course
Information

25

ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	3	42
Practicals/Labs	0	0	0
Self Study and Preparation	14	3	42
Homeworks, Performances	0	0	0
Projects	0	0	0
Field Studies	0	0	0
Midtermexams	1	20	20
Others	1	20	20
Final Exams	1	20	20
Total WorkLoad			164
Total workload/ 30 hr			4,8
ECTS Credit of the Course			5

26	CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 LO1 2 3 3 3 3 3 3 4 3 4 LO2 2 3 3 3 3 3 4 4 4 4 LO3 3 2 3 2 3 3 3 4 3 4 LO4 2 3 3 4 3 3 3 4 4 4 LO5 3 3 3 3 3 4 2 3 4 4 LO6 2 2 3 3 3 3 3 4 4 4 LO7 4 3 4 3 4 3 3 3 4 3 LO8 3 3 3 4 3 3 3 4 3 4

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High