1. SECOND CYCLE - MASTER'S DEGREE
  2. THE GRADUATE SCHOOL OF SOCIAL SCIENCES
  3. INTERNATIONAL TRADE AND FINANCE DEPARTMENT
  4. 2205 INTERNATIONAL TRADE AND FINANCE
Course Information Course Learning Outcomes Course's Contribution To Program ECTS Workload Course Details
Print

COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
UTFB 527MONETARY ECONOMY3 + 01st Semester7,5

COURSE DESCRIPTION
Course Level Master's Degree
Course Type Elective
Course Objective The aim of this course is to explain the place and importance of money in the economy and the views of economics schools that form the basis and development of the monetary economy; to examine the formation of interest and views on determining interest rates; Finally, to understand the relationship between inflation and money.
Course Content 1. Introduction and conceptual background 2. Money Demand 3. Money Supply 4. Determining the Interest Rate 5. Approaches to Explain the Existence of Interest Interest Approach of Physiocrats Interest Approach of Classics Karl Marx’s Approach to Interest William Senior’s Approach to Interest 6. Approaches to Explain the Existence of Interest-II Interest Approach of Neo-Classics Böhm-Bawerk Time Preference Approach Fisher's Impatience Theory 7. Mid-term exam 8. Approaches Explaining Interest Rate and Determinants of Interest Rate Classical Interest Theory Loanable Funds Theory Keynesian Interest Theory Neo-Keynesian (Hicks-Hansen) Interest Theory Tobin's Portfolio Theory 9. Approaches Explaining Interest Rate and Determinants of Interest Rate Monetarist Interest Approach Interest in the Rational Expectations Approach Interest in the New Keynesian Approach Heterodox (Post-Keying) Interest Approach 10. Historical Development of Interest Policies in Turkey 11. Inflation Concept, Types and Measurement / Inflation in the World 12. Monetary Expansion and Inflation Relationship 13 Historical Development of Inflation in Turkey 14th Final
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
11. To be able to explain the role and functions of money in the economy 2. To understand how money market actors determine money supply and demand 3. To be able to distinguish economic views that try to explain the existence of interest 4. To be able to distinguish the views of different economic schools regarding the determination of interest rate 5. To evaluate the historical development of the interest rate policy followed by Turkey

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03
LO 001533
Sub Total533
Contribution533

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)148112
Mid-terms11111
Final examination13030
Total Work Load

ECTS Credit of the Course





195

7,5
COURSE DETAILS
 Select Year   


This course is not available in selected semester.


Print

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