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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
EKON 304MONETARY THEORY AND POLICY - II3 + 06th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
Course Objective The goal of the course is to provide students with the modern monetary theory and tools to lead students to analyze: the effects of monetary and fiscal policy on banking, financial and capital markets; monetary policy goals, strategy, and tactics; the international financial system and exchange rate markets; the tradeoffs of policy options and their implications under different circumstances.
Course Content The course includes the topics of understating interest rate, portfolio choice, the theory of asset demand, the behavior of interest rate, the relationship between monetary policy and economic activities, the effectiveness of monetary and fiscal polices in IS-LM framework, aggregate demand and money monetary policy , central banks and alternative monetary policies, inflation targeting, and stabilization programmes.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1Analyze and describe the effects of monetary policy on banking and financial markets.
2Use monetary theory to explain how national and international banking and financial markets work
3Investigate the reason and consequences of a change in the exchange rates.
4Apply quantitative researches in banking and financial markets.
5Identify the sources of crisis and discuss possible financial regulations to get the economy out of the crisis.
6Derive strategies and policy implications for banking and financial system
7Use monetary theory and its implications to recommend policy goals, strategies and tactics
8Offer advice and solutions to financial institutions, banks and investors under different circumstances.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 0013 4    54 5 
LO 00253 55  5555 
LO 0035 55 4 53 5 
LO 004 553 5 4355 
LO 005535555 5555 
LO 006  5555 5455 
LO 007 555   5  5 
LO 008555555 5555 
Sub Total232134332024 39292540 
Contribution334433054350

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)13339
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments21326
Mid-terms11313
Final examination11313
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2023-2024 Spring1İSMAİL ÇEVİŞ
Details 2022-2023 Spring1İSMAİL ÇEVİŞ
Details 2021-2022 Summer1İSMAİL ÇEVİŞ
Details 2021-2022 Spring1İSMAİL ÇEVİŞ
Details 2021-2022 Spring2İSMAİL ÇEVİŞ
Details 2020-2021 Summer1İSMAİL ÇEVİŞ
Details 2020-2021 Spring1İSMAİL ÇEVİŞ
Details 2020-2021 Spring2İSMAİL ÇEVİŞ
Details 2019-2020 Summer1İSMAİL ÇEVİŞ
Details 2019-2020 Spring1İSMAİL ÇEVİŞ
Details 2019-2020 Spring2İSMAİL ÇEVİŞ
Details 2018-2019 Summer1İSMAİL ÇEVİŞ
Details 2018-2019 Spring1İSMAİL ÇEVİŞ
Details 2018-2019 Spring2İSMAİL ÇEVİŞ
Details 2017-2018 Summer1İSMAİL ÇEVİŞ
Details 2017-2018 Spring1İSMAİL ÇEVİŞ
Details 2017-2018 Spring2İSMAİL ÇEVİŞ
Details 2016-2017 Summer1İSMAİL ÇEVİŞ
Details 2016-2017 Spring1İSMAİL ÇEVİŞ
Details 2016-2017 Spring2İSMAİL ÇEVİŞ
Details 2015-2016 Spring1İSMAİL ÇEVİŞ
Details 2015-2016 Spring2İSMAİL ÇEVİŞ
Details 2014-2015 Summer1İSMAİL ÇEVİŞ
Details 2014-2015 Summer1İSMAİL ÇEVİŞ
Details 2014-2015 Spring1İSMAİL ÇEVİŞ
Details 2013-2014 Summer1İSMAİL ÇEVİŞ
Details 2013-2014 Summer1İSMAİL ÇEVİŞ
Details 2013-2014 Spring5İSMAİL ÇEVİŞ
Details 2012-2013 Summer1İSMAİL ÇEVİŞ
Details 2012-2013 Summer1İSMAİL ÇEVİŞ
Details 2012-2013 Summer1İSMAİL ÇEVİŞ
Details 2012-2013 Spring6İSMAİL ÇEVİŞ
Details 2011-2012 Summer1İSMAİL ÇEVİŞ
Details 2011-2012 Spring1İSMAİL ÇEVİŞ


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Course Details
Course Code Course Title L+P Hour Course Code Language Of Instruction Course Semester
EKON 304 MONETARY THEORY AND POLICY - II 3 + 0 1 Turkish 2023-2024 Spring
Course Coordinator  E-Mail  Phone Number  Course Location Attendance
Prof. Dr. İSMAİL ÇEVİŞ icevis@pau.edu.tr İİBF A0010 %70
Goals The goal of the course is to provide students with the modern monetary theory and tools to lead students to analyze: the effects of monetary and fiscal policy on banking, financial and capital markets; monetary policy goals, strategy, and tactics; the international financial system and exchange rate markets; the tradeoffs of policy options and their implications under different circumstances.
Content The course includes the topics of understating interest rate, portfolio choice, the theory of asset demand, the behavior of interest rate, the relationship between monetary policy and economic activities, the effectiveness of monetary and fiscal polices in IS-LM framework, aggregate demand and money monetary policy , central banks and alternative monetary policies, inflation targeting, and stabilization programmes.
Topics
WeeksTopics
1 first lecture
2 CBRT (Central Bank of Republic of Turkey), The Analysis of CBRT' Balance Sheet
3 The Analysis of Money Supply:Deposit multiplier and loan multiplier, Money supply multiplier
4 The Analysis of Money Supply: Money supply multiplier
5 The Tools of Monetary Policy
6 Monetary Policy : The choosing intermediate target variables
7 exchange rate targeting
8 intermediate exam
9 inflation targeting
10 The theories of Money demand
11 Monetary policy in IS-LM model
12 Monetary policy in AS-AD model
13 Transmission mechanisms of monetary policy
14 Money And Inflation
Materials
Materials are not specified.
Resources
ResourcesResources Language
F.Mishkin, The Economics of Money, Banking and Financial Markets (Para, Bankacılık ve Finansal Piyasalar İktisadı )(Çev. EdNazım Engin) Akdemi Yay., 2012 Türkçe
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam50Final Exam
Midterm Exam50Midterm Exam
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes