GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
MONETARY THEORY/IKTI301
Course Title: MONETARY THEORY
Credits 3 ECTS 8
Semester 5 Compulsory/Elective Compulsory
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Prof.Dr.Selahattin Togay
 -- WEB SITE(S) OF LECTURER(S)
  websitem.gazi.edu.tr/site/stogay
 -- EMAIL(S) OF LECTURER(S)
  stogay@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Learning main topics of Monetary Theory
To study the effects of financial markets and financial intermediaries on the economy, we need to acquire an understanding of their general structure
To understand the effects of money on the economy, we must understand exactly what money is. In this week, we develop precise definitions of money.
Deposits at banks are by far the largest component of the money supply, understanding how these deposits are created.
This week describes how the theories of the demand for money have evolved.
In this week, we see that a concept known as the yield to maturity.
In this week, we see that a concept known as the yield to maturity.
We begin our study of international finance by examining the foreign exchange market, the financial market where exchange rates are determined.
We will see that these monetary transmission mechanisms emphasize the link between the financial system and monetary theory, the subject of this part.
We will see that these monetary transmission mechanisms emphasize the link between the financial system and monetary theory, the subject of this part.
 -- MODE OF DELIVERY
  The mode of delivery of this course is Face to face
 -- PREREQUISITES AND CO-REQUISITES
  There is no prerequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week  Definition of Money and Functions
2. Week  Definition of Money and Functions
3. Week  Money Supply Mechanism
4. Week  Money Supply Mechanism
5. Week  Money Supply Mechanism
6. Week  Money Supply Mechanism
7. Week  Interest Rate, Measuring Rate of Return an Change in Equilibrium Interest Rate
8. Week  Midterm
9. Week  Interest Rate, Measuring Rate of Return an Change in Equilibrium Interest Rate
10. Week  Risk and Term Structure of Interest Rates
11. Week  Risk and Term Structure of Interest Rates
12. Week  Exchange Rate Market and Exchange Rate
13. Week  Exchange Rate Market and Exchange Rate
14. Week  Transmission Mechanisms
15. Week  Transmission Mechanisms
16. Week   Final Exam
 -- RECOMMENDED OR REQUIRED READING
  1- TELATAR,E., Fiyat İstikrarı, İmaj yayınevi, Ankara,2004. 2- ÜNSAL, E. Makro İktisat, İmaj yayınları, Ankara, 2005 3- ÇOLAK,Ö,F., Finansal Piyasalar ve Para Politikası,Gözden Geçirilmiş 4. Baskı, Nobel Yayınları, Ankara, Ocak 2005. 4- ORHAN, Z, OSMAN ve ERDOĞAN,S. Para Politikası, Yazıt Yayın Dağıtım, Ankara 2007 5- GRAUWE.P.D., International Money, Postwar Trends and Theories, Second Edition, 1996 6- MADURA.J., ve FOX, R., International Financial Management, Thomson, 2007 7- MISHKIN F.S., The Economics of Money, Banking and Financial Markets, Fifth Edition, 1997
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Drill - Practise
 -- WORK PLACEMENT(S)
  Not Applicable
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
14
3
42
 Practising Hours of Course Per Week
14
1
14
 Reading
14
1
14
 Searching in Internet and Library
2
15
30
 Designing and Applying Materials
1
10
10
 Preparing Reports
1
10
10
 Preparing Presentation
1
10
10
 Presentation
1
10
10
 Mid-Term and Studying for Mid-Term
1
10
10
 Final and Studying for Final
1
10
10
 Other
1
40
40
 TOTAL WORKLOAD: 
200
 TOTAL WORKLOAD / 25: 
8
 ECTS: 
8
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1To have theoretical and practical knowledge about the fields of Economic Theory, Economic Development and International Economics, Economic History and Economic PolicyX
2To gain professional qualification to work in public institutions and private sector organizations as an inspector, assistant expert or auditorX
3To have knowledge about the other disciplines related to EconomicsX
4To have adequate social responsibility and awareness with regards to the needs of the society, and also to be aware of professional and scientific ethical codesX
5To have the experience of using information technologies and basic computer programs in order to share their accumulated knowledge and problem solving ability, and communicate with colleagues in a foreign languageX
6To have a knowledge of the quantitative and qualitative methods that will help to examine the premises of different theoriesX
7To be able to utilize the academic, professional, regional, and global networks efficiently, and to interpret the legislationX
8To be compatible for teamwork in order to use their accumulated knowledge in the national and the international research projectsX
9To have the ability to interpret economic and social events through the acquired capability to think analytically and critically, and to be open for innovative ideasX
10To be able to evaluate the practical implications of the knowledge about economic theoryX
11To be able to analyze the effects of international economic relationsX
12To evaluate the development of economic theories and economic problems from a historical perspectiveX
13To have knowledge about the effects of various economic policies in order to develop solutions for current economic problemsX