Code: KMY437 |
Course Title: MONETARY THEORY AND POLICY |
Theoretical+Practice: 3+0 |
ECTS: 4 |
|
Year/Semester of Study |
4 / Fall Semester |
Level of Course |
1st Cycle Degree Programme |
Type of Course |
Optional |
Department |
PUBLIC ADMINISTRATION |
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 |
To analyse, effects of Money and credit policies on economic activities. To discuss, the perception of Money, Money systems and mainly theories of the money policies, up-to-date level. Teaching monetary terms, giving information on the structure and operations of financial markets, representing basic instruments and targets of monetary policy |
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. Can knowledge Basic how monetary economy operates is provided |
PO-5 Have ability to collect data, analyze and interpret the results via utilizing accumulation of information and interdisciplinary point of view while identifying and solving existing public administration problems;
|
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-2 Identify and compare concrete models of international and national public administration, determine problems and develop solution-oriented models;
|
Examination |
LO-3 |
Students Can learn Monetary Policy Approaches in Basic Economics Schools |
PO-3 Analyze compenents of political, administrative and institutional systems, design institutional systems, and make operational the process of decision-making and coordination mechanisms which are effective for institutionalization;
|
Examination |
LO-4 |
Students can Learn Inflation definition and Basic Theories of Inflation |
PO-1 Upon successful completion of the program students:
Learn essential theoretical and empirical concepts of the discipline’s main branches, Political Science, Administration Science, Urbanization and Environmental Problems and Legal Sciences and gain a perspective which is appropriate for creating solutions in this scope;
PO-3 Analyze compenents of political, administrative and institutional systems, design institutional systems, and make operational the process of decision-making and coordination mechanisms which are effective for institutionalization;
|
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. |
Weekly Course Content |
Week |
Subject |
Learning Activities and Teaching Methods |
1 |
Concept of Money and Money Systems |
theoretical |
2 |
Money Supply |
theoretical |
3 |
Money Demand |
theoretical |
4 |
Banking and Financial Markets |
theoretical |
5 |
Main Frame of Money Policy |
theoretical |
6 |
Money Policy in Closed Economy |
Lecturing, Discussion and Presentation |
7 |
Money Policy in Open Economy |
theoretical |
8 |
mid-term exam |
|
9 |
Classic Economics Theory and Money Policies |
theoretical |
10 |
Keynesian Economics Theory and Money Policies |
theoretical |
11 |
Monetarist Economics Theory and Money Policies |
theoretical |
12 |
Neo-Classic Approach and Money Policies |
theoretical |
13 |
Neo-Keynesian Approach and Money Policies |
theoretical |
14 |
Post-Keynesian Approach and Money Policies |
theoretical |
15 |
Economic Crisis and Money Policies |
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 |
Yard. Doç. Dr. Serdar ÖZTÜRK, Enflasyon Hedeflemesi Yaklaşımı, Der Yayınları, 2003, İstanbul. |
3 |
Prof. Dr. Osman Zekai Orhan ve Prof. Dr. Seyfettin Erdoğan, Para Politikası, Yazıt Yayın-Dağıtım, 2007, Ankara. |
4 |
Frederic S. Mishkin, Para Teorisi-Politikası, Bilim Teknik yayınevi, İstanbul, 2000. |
Required Course instruments and materials |
Prof. Dr. M. Merih PAYA, Para Teorisi ve Politikas?, Filiz Kitabevi, 2007, ?stanbul.
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 Yakla??m?, Der Yay?nlar?, 2003,?stanbul. |