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Description of Individual Course Units| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İK104 | Parasal İktisat | Elective | 1 | 2 | 6 |
| | Level of Course Unit | | Second Cycle | | Objectives of the Course | | The aim of this course is primarily to introduce the money market concepts, the financial structure and monetary theory in Turkey. Later, in this course, it is aimed to explain the functioning of monetary policy and its effects on the economy. | | Name of Lecturer(s) | | Doç. Dr. Şaduman YILDIZ | | Learning Outcomes | | 1 | To be able to explain the concepts related to money and capital markets. | | 2 | To be able to reveal the institutions in the financial structure in Turkey in detail. | | 3 | To be able to explain the monetary policy instruments used by central banks. | | 4 | To be able to explain how monetary policy works and explain its effects on the real economy through the transmission mechanism. | | 5 | To be able to reveal how central banks operate the inflation targeting policy in order to achieve price stability and what effects this policy has on the economy. |
| | Mode of Delivery | | Normal Education | | Prerequisites and co-requisities | | None | | Recommended Optional Programme Components | | None | | Course Contents | | Basic concepts, financial structure in Turkey and the Central Bank of the Republic of Turkey, monetary policy instruments, money supply, money demand, interest, monetary policy, monetary transmission mechanism and inflation targeting. | | Weekly Detailed Course Contents | |
| 1 | Definitions and Concepts 1: Money market, bills, bonds, certificates of deposit, repo, reverse repo, reverse repo, swap, portfolio, security, stock, letter of credit, nominal value, real value. | | | | 2 | Definitions and Concepts 2: Dividend, interest, withholding, stock market, deposit, deposit, short selling, spot market, emission, capital market, operational deficit, primary balance, seigniorage, interest, exchange rate. | | | | 3 | Financial Structure in Turkey and the Central Bank of the Republic of Turkey. | | | | 4 | Monetary Policy Tools | | | | 5 | Deposit Banks | | | | 6 | Financial Service Institutions | | | | 7 | Other Financial Institutions and Semi-Financial Institutions | | | | 8 | Midterm exam | | | | 9 | Money Supply | | | | 10 | Money Demand | | | | 11 | Interest | | | | 12 | Expansionary Monetary Policy | | | | 13 | Contracting Monetary Policy | | | | 14 | Monetary Transfer Mechanism | | | | 15 | Inflation Targeting | | | | 16 | Final Exam | | |
| | Recommended or Required Reading | | Keyder, N. 2002; Money Theory-Policy-Practice, Seçkin Publishing and Distribution, Ankara.
Özyurt, H. 2006; Money Theory and Policy, Derya Bookstore, Trabzon. | | Planned Learning Activities and Teaching Methods | | | Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 30 | | End Of Term (or Year) Learning Activities | 70 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
| | Workload Calculation | |
| Midterm Examination | 1 | 1 | 1 | | Final Examination | 1 | 1 | 1 | | Attending Lectures | 14 | 3 | 42 | | Problem Solving | 2 | 4 | 8 | | Self Study | 14 | 3 | 42 | | Individual Study for Mid term Examination | 1 | 20 | 20 | | Individual Study for Final Examination | 1 | 30 | 30 | | Homework | 2 | 20 | 40 | |
| Contribution of Learning Outcomes to Programme Outcomes | | LO1 | 4 | 3 | 4 | 3 | 2 | 2 | | LO2 | 4 | 3 | 3 | 3 | 2 | 2 | | LO3 | 4 | 3 | 4 | 3 | 2 | 2 | | LO4 | 4 | 4 | 4 | 4 | 3 | 3 | | LO5 | 4 | 4 | 4 | 4 | 3 | 3 |
| | * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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