Money and Financial System
Content
Objective
discuss the building blocks of monetary policy and the factors that influence monetary decisions
Course Content
Strats with explaining the variables that make up the monetary policy such as money demand and supply, the exchange rate, interest rate etc... Then it discusses various monetary policy applications from the past to present. finally analyzes the present applications in detail
Course Learning Outcomes
be able to explain the evolution of the exchange rate
have a knowledge of the factors that influence the interest rate
comprehend the relation between money market and other sectors
be able to follow the monetary policy application in Turkey and in main countries of the world
Teaching and Learning Methods
after a theoretical analysis at a basic level, policy applications are discussed using current data
References
money banking and financial markets (F. Mishkin)
Parasal İktisat (F. Özatay)
para banka ve fianasal piyasalar (İ. Parasız)
Weekly Contents
| Week | Weekly Contents |
|---|---|
| 1 | functions of money and monetary economics |
| 2 | neutrality of money |
| 3 | money supply and different monetary aggregates |
| 4 | framework of the financial system |
| 5 | money demand |
| 6 | interest rates |
| 7 | relation between risk and interest rates |
| 8 | exam |
| 9 | theories on exchange rate |
| 10 | various monetary policy applications: money supply control |
| 11 | various monetary policy applications:exchange rate control, inflation targetting |
| 12 | monetary policy instruments |
| 13 | current monetary policy applications in Turkey and in the world |
| 14 | current monetary policy applications in Turkey and in the world |
Assessment System
| Activities | Number | Contribution |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 50 |
| Contribution of final exam to overall grade | 1 | 50 |
| Total | 2 | 100 |
ECTS
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 1 | 14 |
| Assignments | 1 | 20 | 20 |
| Midterm Examinations (including preparation) | 1 | 10 | 10 |
| Final Examinations (including preparation) | 1 | 20 | 20 |
| Total Workload | 106 | ||
| Total Workload / 25 | 4.24 | ||
| Credits ECTS | 4 | ||