COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
ECON 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 prerequisites.
Corequisite No corequisites.
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.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 01444444444444
LO 02555555555555
LO 03555555555555
LO 04555454444444
LO 05555555555555
Sub Total242424232423232323232323
Contribution555555555555

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration13452
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments11313
Mid-terms11313
Final examination11313
Total Work Load

ECTS Credit of the Course






130

5

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Spring1SİNEM PINAR GÜREL
Details 2019-2020 Spring2SİNEM PINAR GÜREL

Course Details
Course Code:  ECON 304 Course Title:  MONETARY THEORY AND POLICY - II
L+P Hour : 3 + 0   Course Code : 1   Language Of Instruction: English Course Semester :  2019-2020 Spring
Course Coordinator :  ASSISTANT PROFESSOR SİNEM PINAR GÜREL E-Mail:  pgurel@pau.edu.tr, Phone Number :  296 2915, 296 2802,
Course Location İİBF A0001,
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.
Attendance : %70
Topics
WeeksTopics
1 Introduction- Central Banks
2 Money supply process
3 Tools of monetary policy
4 Conduct of monetary policy: tactics and strategy
5 Foreign exchange market
6 International financial system
7 Quantity theory, inflation and demand for money
8 Midterm
9 IS curve
10 Monetary policy ve AD curves
11 AD-AS analysis
12 Monetary policy theory
13 The role of expectations in monetary policy
14 Transmission mechanisms of monetary policy
Materials
Materials are not specified.
Resources
ResourcesResources Language
F. Mishkin "The economics of money, banking and financial markets" 11th editionEnglish
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam40Final Exam
Midterm Exam40Midterm Exam
Homework20Homework
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes