Nevşehir Hacı Bektaş Veli University Course Catalogue

Information Of Programmes

FACULTY OF ECONOMICS & ADMINISTRATIVE SCIENCES / İKT339 - ECONOMICS

Code: İKT339 Course Title: MONETARY THEORY Theoretical+Practice: 3+0 ECTS: 4
Year/Semester of Study 3 / Fall Semester
Level of Course 1st Cycle Degree Programme
Type of Course Compulsory
Department ECONOMICS
Pre-requisities and Co-requisites None
Mode of Delivery Face to Face
Teaching Period 14 Weeks
Name of Lecturer SERDAR ÖZTÜRK (serdarozturk@nevsehir.edu.tr)
Name of Lecturer(s)
Language of Instruction Turkish
Work Placement(s) None
Objectives of the Course
Teaching monetary terms, giving information on the structure and operations of financial markets. To discuss, the perception of Money, Money systems and mainly theories of the money policies, up-to-date level.

Learning Outcomes PO MME
The students who succeeded in this course:
LO-1 Students can have knowledge about diachronic development of the perception of money and its contents. PO-1 have information about basic economic topics and indicators.
PO-2 have basic information about treatment rules between individuals, markets and countries.
PO-3 have information about the reasons and results of transition that take place in economics
PO-7 have ability on considering the basic items of Money, Banking and Financial System and the treatment process of these items.
PO-8 have ability on working with quantitative data about economics and using the tools about statistically data analysis.
PO-10 have ability on modeling the economic theories mathematically.
PO-13 tell his/her information or ability by using written, spoken or visual tools.
Examination
LO-2 Students can be able to gain detailed knowledge about, the most important instrument of economy politics, money policies and they can be able to analyse money policies applications in open and close economies and efficiency of money policies during the crisis. PO-5 have upper explanation ability on the effects of economy policies on individuals and firms under the principles which are dominating economy.
PO-6 have ability on examining and analyzing the effects of economic policies.
PO-7 have ability on considering the basic items of Money, Banking and Financial System and the treatment process of these items.
Examination
LO-3 Students can learn about the Banking and Financial Markets. PO-2 have basic information about treatment rules between individuals, markets and countries.
PO-4 have theoretical and empirical information to analyze how to authorities, consumers and firms effect each other and how to make decision.
PO-7 have ability on considering the basic items of Money, Banking and Financial System and the treatment process of these items.
Examination
LO-4 They Can Gain Information About Money Demand Theory and Money Supply Theory PO-1 have information about basic economic topics and indicators.
PO-3 have information about the reasons and results of transition that take place in economics
Examination
PO: Programme Outcomes
MME:Method of measurement & Evaluation

Course Contents
To understand and to be able to use basic knowledge in economic-social and financial issues, to assess and interpret them, to analyze economic, social and financial developments, to have opinions and represent them in economic issues, to acquire the ability to create solution to various economic problems. Giving information on the effects of money, credit and liquity on income, economic growth, and inflation.
Weekly Course Content
Week Subject Learning Activities and Teaching Methods
1 MONEY THEORY AND THE FUNDAMENTALS OF MONETARY POLICY theoretical
2 HISTORY, DEFINITION AND SCOPE OF MONEY THEORY AND MONETARY POLICY theoretical
3 FUNCTIONS AND FEATURES OF MONEY theoretical
4 CURRENCY TYPES AND QUANTITY DEFINITIONS theoretical
5 TRADITIONAL DEMAND THEORY theoretical
6 KEYNESIAN MONEY DEMAND THEORY AND PORTFOLIO THEORY Lecturing, Discussion and Presentation
7 MONEY SUPPLY THEORY theoretical
8 mid-term exam
9 MULTIPLIER AND TRANSFER MECHANISM theoretical
10 INTEREST THEORY theoretical
11 BALANCE OF PAYMENTS theoretical
12 AMOUNT OF MONEY theoretical
13 MONEY POLITICS theoretical
14 ECONOMIC SHOCK AND MONETARY POLICY theoretical
15 CENTRAL BANK TOOLS theoretical
16 final exam
Recommend Course Book / Supplementary Book/Reading
1 Prof. Dr. M. Merih PAYA, Para Teorisi ve Politikası, Filiz Kitabevi, 2007, İstanbul.
2 Frederic S. Mishkin, Para Teorisi-Politikası, Bilim Teknik yayınevi, İstanbul, 2000.
3 Osman Z. Orhan, Seyfettin Erdoğan, Para Politikası, Ankara, 2007.
4 Yard. Doç. Dr. Serdar ÖZTÜRK, Enflasyon Hedeflemesi Yaklaşımı, Der Yayınları, 2003, İstanbul.
Required Course instruments and materials
Prof. Dr. M. Merih PAYA, Para teorisi ve Politikas?, Filiz Kitabevi, ?stanbul, 2007. Frederic S. Mishkin, “Para Teorisi-Politikas?”, Bilim Teknik yay?nevi, ?stanbul 2000. Osman Z. Orhan, Seyfettin Erdo?an, “Para Politikas?”, Ankara 2007. Yard. Doç. Dr. Serdar ÖZTÜRK, Enflasyon Hedeflemesi, Der Yay?nlar?, ?stanbul, 2003.

Assessment Methods
Type of Assessment Week Hours Weight(%)
mid-term exam 8 1 40
Other assessment methods
1.Oral Examination
2.Quiz
3.Laboratory exam
4.Presentation
5.Report
6.Workshop
7.Performance Project
8.Term Paper
9.Project
final exam 16 1 60

Student Work Load
Type of Work Weekly Hours Number of Weeks Work Load
Weekly Course Hours (Theoretical+Practice) 3 14 42
Outside Class
       a) Reading 1 14 14
       b) Search in internet/Library 1 14 14
       c) Performance Project 0
       d) Prepare a workshop/Presentation/Report 0
       e) Term paper/Project 0
Oral Examination 0
Quiz 0
Laboratory exam 0
Own study for mid-term exam 3 7 21
mid-term exam 1 1 1
Own study for final exam 4 7 28
final exam 1 1 1
0
0
Total work load; 121