Money and Monetary Policy (ECON526 ) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
Money and Monetary Policy	ECON526	General Elective	3	0	0	3	5

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Elective Courses
Course Level	Social Sciences Master's Degree
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Question and Answer.
Course Coordinator
Course Lecturer(s)	Dr. Dersin Öğretim Üyesi
Course Assistants
Course Objectives	This course focuses on the study of money, financial markets and the conduct of monetary policy.
Course Learning Outcomes	The students who succeeded in this course; Gain a basic understanding of financial systems, how they operate and why they play a central role in the economy Learn the aims, conduct, influence and limitations of monetary policy. Learn to critically assess the various viewpoints on the conduct monetary policy Gain experience in understanding, using and applying economic models
Course Content	Survey of development and use of money and credit, analysis of the demand and supply of money, monetary theory and policy tools and their use for economic stabilization, current issues in monetary theory and policy, special applications to Turkey.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	Why Study Money, Banking, and Financial Markets? An Overview of the Financial System	Mishkin, Chapters 1-2.
2	What is Money? Understanding Interest Rates	Mishkin, Chapters 3-4.
3	The Behavior of Interest Rates; The Risk and Term Structure of Interest Rates	Mishkin, Chapters 5-6.
4	An Economic Analysis of Financial Structure; Banking and the Management of Financial Institutions	Mishkin, Chapters 8-9.
5	Banking Industry: Structure and Competition; Economic Analysis of Banking Regulation	Mishkin, Chapters 10-11.
6	Structure of Central Banks and the Federal Reserve System; Multiple Deposit Creation and the Money Supply Process	Mishkin, Chapters 12-13
7	Mid-term Exam
8	Determinants of the Money Supply; Tools of Monetary Policy; What Should Central Banks Do? Monetary Policy Goals, Strategy and Tactics	Mishkin, Chapters 14-15-16
9	The Foreign Exchange Market; The International Financial System	Mishkin, Chapters 17-18
10	The Demand for Money; The ISLM Model	Mishkin, Chapters 19-20
11	Monetary and Fiscal Policy in the ISLM Model	Mishkin, Chapters 21
12	Aggregate Demand and Supply Analysis	Mishkin, Chapters 22
13	Transmission Mechanisms of Monetary Policy: The Evidence	Mishkin, Chapters 23
14	Money and Inflation	Mishkin, Chapters 24
15	General Review
16	Final Exam

Sources

Course Book	1. Mishkin, Frederic S. (2007) The Economics of Money, Banking and Financial Markets, 8th International Edition, Boston: Addison-Wesley.
	2. Mishkin, Frederic S. (2000) Para Teorisi ve Politikası, Bilim Teknik Yayınevi, İstanbul. (Çevirenler: İlyas Şıklar, Ahmet Çakmak ve Suat Yavuz)
	3. Aren, Sadun (2007) 100 Soruda Para ve Para Politikası, İmge Kitabevi.

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	1	10
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	-	-
Homework Assignments	1	20
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	30
Final Exam/Final Jury	1	50
Toplam	4	110

Percentage of Semester Work
Percentage of Final Work	100
Total	100

Course Category

Core Courses	X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

#	Program Qualifications / Competencies	Level of Contribution
#	Program Qualifications / Competencies	1	2	3	4	5
1	Develop understanding of translation theories, concepts and history, and their application to the processes used in translating
2	Develop critical knowledge and understanding of current issues, European Union and international relations, law and technical issues in terms of translation studies
3	Detect, define, formulate and solve the problems to be encountered in translation process
4	Acquire the skills of translation analysis, criticism and hermeneutics
5	Develop critical understanding of international affairs and cultural studies regarding to profession of translation
6	Improve skills of research techniques, use CAT tools, databases and other printed and electronic devices and sources efficiently
7	Develop efficient individual and group working skills, build self-confidence for taking responsibility and acquire powerful communication skills.
8	Build awareness for life-long learning; to catch the developments in science and technology and sustain continuous personal development.
9	Acquire knowledge on ethical and professional issues in translation
10	Build awareness about project management and the rights of employees and the legal consequences of translation applications.
11	Build awareness about the universal and societal dimensions of translation studies and gather information about the problems of the contemporary World.
12	Improve skills to use source and target languages fluently in presentations and academic studies
13	Acquire knowledge on terminology management and global translation quality standards at a professional level

ECTS/Workload Table

Activities	Number	Duration (Hours)	Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)	16	3	48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class	16	2	32
Presentation/Seminar Prepration
Project
Report
Homework Assignments	3	2	6
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury	16	1	16
Prepration of Final Exams/Final Jury	16	1	16
Total Workload			118