Course Code	Semester	Course Name	LE/RC/LA	Course Type	Language of Instruction	ECTS
IKT4004	4	Monetary Theory and Policy	3/0/0	CC	Turkish	5

Course Goals	Purpose of this course is that students are informed on financial structure in Turkey, tasks and authorities of Central Bank of Turkey, monetary policy tools, impact of monetary policies on economy, relationship between money and inflation and monetary policy strategies of the Central Bank.
Prerequisite(s)	-
Corequisite(s)	-
Special Requisite(s)	-
Instructor(s)	Assist. Prof. Dr. Derya Bilgin
Course Assistant(s)	Arş. Gör. Aras Yolusever
Schedule	Tuesday, 13.00-14.50 BK-A302 Friday, 10.00-11.50 BK-A503
Office Hour(s)	Tuesday, 10.00-11.00, BK-B-609 Thursday 13:00-14:00 BK B609
Teaching Methods and Techniques	-Lecture,Discussion
Principle Sources	-
Other Sources	-

Course Schedules
Week	Contents	Learning Methods
1. Week	Definition of Money and Historical Development of Monetary Systems	Oral Presentation
2. Week	Central Bank and Monetary Supply Process	Oral Presentation
3. Week	Purpose and Tools of Monetary Policies	Oral Presentation
4. Week	Money Demand	Oral Presentation
5. Week	Interest Theory and Determination of Interest Rates	Oral Presentation
6. Week	General Equilibrium of Economy	Oral Presentation
7. Week	Money Transfer Mechanisms 1	Oral Presentation
8. Week	Money Transfer Mechanisms 2	Oral Presentation
9. Week	general review	Oral Presentation
10. Week	Money and Inflation, Expectations Theory	Oral Presentation
11. Week	Financial Markets and Institutions	Oral Presentation
12. Week	Exchange Rate Market	Oral Presentation
13. Week	Monetary Policy Regimes	Oral Presentation
14. Week	Monetary Policies in Turkey	Oral Presentation
15. Week
16. Week
17. Week

Assessments
Evaluation tools	Quantity	Weight(%)
Midterm(s)	1	40
Final Exam	1	60

Program Outcomes PO-1 To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice. PO-2 To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained. PO-3 To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules. PO-4 To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions. PO-5 To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies. PO-6 To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems. PO-7 To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives. PO-8 To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications. PO-9 To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues. PO-10 To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field. PO-11 To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.

Learning Outcomes LO-1 1- Information on emergence of Money and related historical developments LO-2 2- Concepts and tools of monetary theory and policy LO-3 3- Analysis of money markets LO-4 4- Tasks and authorities of Central Bank LO-5 5- Intepret how interest rates are set LO-6 6- Undestanding of monetary transition mechanisms LO-7 7- Learn foreign exchange rate systems LO-8 8- Information on applications of monetary policies in Turkey

Course Assessment Matrix:

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10	PO 11
LO 1
LO 2
LO 3
LO 4
LO 5
LO 6
LO 7
LO 8