| Semester | Course Unit Code | Course Unit Title | T+P+L | Credit | Number of ECTS Credits | Last Updated Date |
| 8 | ECON338 | MONETARY THEORY, POLICY AND BANKING | 3+0+0 | 3 | 5 | 14.05.2025 |
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Language of Instruction
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English
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Level of Course Unit
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Bachelor's Degree
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Department / Program
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ECONOMICS
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Type of Program
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Formal Education
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Type of Course Unit
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Elective
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Course Delivery Method
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Face To Face
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Objectives of the Course
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Introducing the mechanics of financial markets.
Introducing theories on why money is important for inflation, economic activity and interest rates.
Defining major money and capital market instruments.
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Course Content
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The course is designed to develop students’ abilities to understand the functions of and to analyze monetary policies and the banking system. Subjects such as monetary theory, monetary policy, banking and banking types, interest rate hypotheses, inflation, exchange rate, financial markets, central bank and its functions are examined. In addition, it is aimed to increase and deepen students’ interest in monetary and financial issues found both in the literature and in real life throughout the course.
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Course Methods and Techniques
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-
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Prerequisites and co-requisities
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None
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Course Coordinator
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Asist Prof.Dr. Dr.Öğr.Üyesi Burak Kağan Demirtaş burakkagan.demirtass@agu.edu.tr
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Name of Lecturers
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None
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Assistants
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Research Assist. AYŞENUR DURAK aysenur.durak@agu.edu.tr
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Work Placement(s)
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No
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Recommended or Required Reading
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Resources
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-
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Course Notes
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-
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Documents
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-
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Course Category
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Mathematics and Basic Sciences
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%20
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Social Sciences
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%80
|
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Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
|
In-Term Studies
|
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Yarıyıl İçi Çalışmalarının Başarı Notunun Katkısı
|
1
|
%
60
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Yarıl yılSonu Sınavı/Dönem Projesinin Başarı Notuna Katkısı
|
1
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%
40
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Total
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2
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%
100
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ECTS Allocated Based on Student Workload
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Activities
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Total Work Load
|
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Ev Ödevi
|
3
|
3
|
9
|
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Okuma
|
14
|
2
|
28
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Araştırma
|
14
|
2
|
28
|
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Kişisel Çalışma
|
14
|
3
|
42
|
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Derse Devam
|
14
|
3
|
42
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Final Sınavı
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1
|
2
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2
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Total Work Load
| |
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Number of ECTS Credits 5
151
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Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
| No | Learning Outcomes |
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1
| Discuss how money demand responds to changes in interest rates and income level. |
|
2
| Provide explanations for how monetary policy guides economic activity and prices. |
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3
| Measure the term structure of interest rates. |
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4
| Assess the effects of different exchange rate regimes on macroeconomic policy implementations. |
Weekly Detailed Course Contents
| Week | Topics | Study Materials | Materials |
| 1 |
Introduction to Money and Monetary Theory
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| 2 |
Money Demand
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| 3 |
Money Supply
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| 4 |
Interest Rates and Monetary Policy Transmission
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| 5 |
Inflation and Monetary Policy
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| 6 |
Monetary Policy Rules
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| 7 |
Mid-term Exam
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| 8 |
Central Banking and Monetary Policy Instruments
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| 9 |
The Role of Expectations in Monetary Policy
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|
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| 10 |
Financial Markets and Monetary Policy
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|
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| 11 |
The Banking System
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| 12 |
Financial Crises and the Role of Central Banks
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| 13 |
Unconventional Monetary Policy
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| 14 |
Current Issues in Monetary Policy
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Recommended Optional Programme Components
Contribution of Learning Outcomes to Programme Outcomes
Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant
https://sis.agu.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=72305&lang=en