PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
ECON 303	MONETARY THEORY AND POLICY - I	3 + 0	5th Semester	5

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Compulsory
Course Objective	The aim of the course is to provide students with the fundamental concepts, functions, techniques and theories of money and monetary policy and their applications in practice.
Course Content	The course analyzes the relationships among the money, banking and financial market, the determinants of interest rate and role of the interest rate in an economy, the structure of financial system, banking industry, the stock market, rational expectations, and government responses to crisis in the financial markets.
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	-
2	Describe the functions of money, banking and financial system in an economy
3	Analyze the behavior of the interest rate
4	Identify the reasons of a change in interest rates and consequences of the change on the economy
5	Hisse senedi piyasalarını, rasyonel beklentiler teorisini ve etkin piyasa hipotezini açıklar.
6	Identify the sources of crisis and discuss possible financial regulations to get the economy out of the crisis

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12
LO 001	5	5	5	5	5	5	5	5	5	5	5	5
Sub Total	5	5	5	5	5	5	5	5	5	5	5	5
Contribution	1	1	1	1	1	1	1	1	1	1	1	1

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	13	3	39
Assignments	1	10	10
Mid-terms	1	13	13
Final examination	1	26	26
Total Work Load ECTS Credit of the Course			130 5

COURSE DETAILS

Select Year

	Course Term	No	Instructors
Details	2020-2021 Fall	3	SİNEM PINAR GÜREL

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
ECON 303	MONETARY THEORY AND POLICY - I	3 + 0	3	English	2020-2021 Fall

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Assoc. Prof. Dr. SİNEM PINAR GÜREL	pgurel@pau.edu.tr		İİBF A0015	%60

Goals		The aim of the course is to provide students with the fundamental concepts, functions, techniques and theories of money and monetary policy and their applications in practice.
Content		The course analyzes the relationships among the money, banking and financial market, the determinants of interest rate and role of the interest rate in an economy, the structure of financial system, banking industry, the stock market, rational expectations, and government responses to crisis in the financial markets.

Topics

Weeks	Topics
1	Why Study Money, Banking and Financial Markets?
2	Financial System
3	Financial System (2)
4	Money and its functions
5	Interest Rates
6	The Behaviour of Interest Rates
7	The Behaviour of Interest Rates (2)
8	Mid-term Exam
9	The Risk and Term Structure of Interest Rates
10	The Risk and Term Structure of Interest Rates(2)
11	The Stock Market, The Theory of Rational Expectations
12	Banking and the Management of Financial Institutions
13	Banking and the Management of Financial Institutions(2)
14	Financial Crises in Advanced Economies

Materials

Materials are not specified.

Resources

Resources	Resources Language
Money and Banking by Mishkin	English

Course Assessment

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student