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  Course Description
Course Name : Theory Of Money

Course Code : EC 304

Course Type : Compulsory

Level of Course : First Cycle

Year of Study : 3

Course Semester : Spring (16 Weeks)

ECTS : 6

Name of Lecturer(s) : Prof.Dr. MUAMMER TEKEOĞLU

Learning Outcomes of the Course : Understanding of macroeconomics, monetary framework Comprehend the importance of stability in the macro-monetary framework Usefulness of the monetary causes of the crises and monetary policies will not work

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : The theory of money has gained importance in the 20th century and a vital part of the Macroeconomics Theory. It is also the most complex part of the Macroeconomics Theory. The theory is shaped by Keynesian and Monetarist approaches and hasn´t reached the completeness. The course covers the arguments and analysis in this context. The student who wants to improve him/herself in the theory of money should also study finance and banking. The course will be given in a matter to demonstrate the fundemantal connections between real monetary economic relationships.

Course Contents : Theory of money, definitions for quantitiy of money, demand, supply, and policy for money, monetary schools

Language of Instruction : Turkish

Work Place : Classroom


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Explanation of the theory of money and money policy, functions and properties of money Relevant chapter Lecture
2 Definitions for quantity of money, liquidity and loan Relevant chapter Lecture
3 Regimes of money and basic principles, the position of the monetary part in the financial system Relevant chapter Lecture
4 The theory of the demand for money Relevant chapter Lecture
5 The theory of the money supply Relevant chapter Lecture
6 The theory of interest, balance of payments and quantity of money Relevant chapter Lecture
7 Money policy
8 Midterm exam Relevant chapter Lecture
9 Para Politikası Relevant chapter Lecture
10 Monetary analysis in neo-classical approach, Keynes and Keynesian Money Policy Relevant chapter Lecture
11 Reactions for Keynesian aproaches and neo-classical synthesis Relevant chapter Lecture
12 General disequilibrium approach, Moneray approach Relevant chapter Lecture
13 Moneray approach (cont), New classical economics Relevant chapter Lecture
14 New Keynesians, Austrian School Relevant chapter Lecture
15 Inflation theories Relevant chapter Lecture
16/17 Final exam


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  
Required Course Material(s)  
 
 


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 100
    Homeworks/Projects/Others 0 0
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 uses modern communication tools, methods and processes, collects and interprets data from different sources using 5
2 understands and explains the role of the public and private sector in the economy, the market economy and the function of the public sector 2
3 uses the information of profesional field about basic computer knowledge and skills 5
4 Collect quantitative and statistical data, makes analysis and interpretation 2
5 understands and interprets corecctly the feelenings, thoughts and behaviors of other people, express Themselves in written and oral form. 2
6 Aware of the social, scientific and ethical values ??and acts accordingly 2
7 Questions the traditional approach and methods of application,and he to develops and implements new ways of working if he considers it is necesaary 4
8 Individually and / or in a team, take responsibility, leadership, and effectively works 1
9 In recognition of the need for lifelong learning and constantly renews itself keeps track of the latest developments. 4
10 3
11 UseTurkish in academic life and work in accordance with the requirements of the uses of life. 2
12 Use different resources in accordance with the academic rules, synthesize the information gathered, and present them effectively in an area which has not been studied 1
13 Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context 1
14 Develop scientific and ethical values in the fields of statistics-and scientific data collection 4
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 4 56
    Out of Class Study (Preliminary Work, Practice) 14 6 84
Assesment Related Works
    Homeworks, Projects, Others 0 0 0
    Mid-term Exams (Written, Oral, etc.) 1 10 10
    Final Exam 1 10 10
Total Workload: 160
Total Workload / 25 (h): 6.4
ECTS Credit: 6