1 | Course Title: | MONETARY THEORY |
2 | Course Code: | IKT5107 |
3 | Type of Course: | Optional |
4 | Level of Course: | Second Cycle |
5 | Year of Study: | 1 |
6 | Semester: | 1 |
7 | ECTS Credits Allocated: | 3 |
8 | Theoretical (hour/week): | 2 |
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. Nejla AKLAN |
16 | Course Lecturers: | |
17 | Contactinformation of the Course Coordinator: |
adanurn@uludag.edu.tr, 0224 294 10 83 Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Görükle Kampüsü, Nilüfer/Bursa. |
18 | Website: | |
19 | Objective of the Course: | The objective of the course is to provide knowledge of the role of money and introduce how this variable is related to main macroeconomic indicators. |
20 | Contribution of the Course to Professional Development |
21 | Learning Outcomes: |
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22 | Course Content: |
Week | Theoretical | Practical |
1 | Money, Output and Inflation | |
2 | The Demand for Money I: Classical Economics and Quantity Theory of Money, Keynes’ Liquidity Preference Theory | |
3 | The Demand for Money II: Friedman’s Modern Quantity Theory | |
4 | Money Supply I:Central Bank Balance Sheet | |
5 | Money Supply II: Monetary Base and Money Supply Process | |
6 | Neoclassical-Keynesian Synthesis | |
7 | Rational Expectations and Money | |
8 | Interest Theories, Inflation and Money I: Classical, Loanable-Fund and Keynesian Interest Theories | |
9 | Interest Theories, Inflation and Money II:The Term Structure of Interest Rates | |
10 | The Determination of Exchange Rates | |
11 | Money and Inflation | |
12 | Money and Economic Growth | |
13 | Currency Substitution I | |
14 | Currency Substitution II |
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 | 0 | 0 |
Quiz | 0 | 0 |
Homeworks, Performances | 0 | 0 |
Final Exam | 1 | 100 |
Total | 1 | 100 |
Contribution of Term (Year) Learning Activities to Success Grade | 0 | |
Contribution of Final Exam to Success Grade | 100 | |
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 | 2 | 28 |
Practicals/Labs | 0 | 0 | 0 |
Self Study and Preparation | 14 | 3 | 42 |
Homeworks, Performances | 0 | 25 | 25 |
Projects | 0 | 0 | 0 |
Field Studies | 0 | 0 | 0 |
Midtermexams | 0 | 0 | 0 |
Others | 1 | 45 | 45 |
Final Exams | 1 | 10 | 10 |
Total WorkLoad | 150 | ||
Total workload/ 30 hr | 5 | ||
ECTS Credit of the Course | 5 |
26 | CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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LO: Learning Objectives | PQ: Program Qualifications |
Contribution Level: | 1 Very Low | 2 Low | 3 Medium | 4 High | 5 Very High |