Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
6ECON 306Money, Banking and Financial Institutions3+0+03517.06.2023
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program BA Program in Economics
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course The objective of this course is to give students a thorough understanding of the role of money and banks in the broader economy and of the unique role of banks in the financial system. Students will also learn the relevance of the Central Banks in the economy and the fundamentals of Monetary Theory. The course will also discuss the causes of and policy responses to the recent economic and financial crisis.
Course Content This course aims
1. to introduce the concepts of money, monetary policy and financial crisis.
2. to deliver the issues of banking, financial markets.
3. to build the skills of measuring interest rates and understand the risk and term structure of interest rates.
4. to demonstrate how to analyze a bank balance sheet, money supply and money demand
5. to promote students to read, contemplate on discuss pieces from the related literature
6. to encourage students to convey their arguments related to the functioning of financial markets, monetary policy and banking system through written assignments and oral presentations.

Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Prof.Dr. Muhittin Kaplan
Assistants Instructor Ayuba Napari
Work Placement(s) No

Recommended or Required Reading
Resources The Economics of Money, Banking and Financial Market. Frederic. S. Mishkin 11th Edition
Course Notes Required Text
Money, Banking and Financial Institutions, Frederic Mishkin, Pearson
Documents tba
Assignments tba
Exams tba

Course Category
Mathematics and Basic Sciences %50
Social Sciences %50

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 Quantity Percentage
Mid-terms 1 % 25
Quizzes 5 % 15
Final examination 1 % 60
Total
7
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 6 84
Assignments 2 15 30
Mid-terms 1 3 3
Practice 14 3 42
Project 1 40 40
Final examination 1 3 3
Total Work Load   Number of ECTS Credits 8 244

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Define the concepts of money, interest rate, monetary policy, risk and term structure of interest rates. (A)
2 Explain money supply, money demand, and the conduct of monetary policy
3 Make use of the concepts introduced to understand the emergence of financial crises
4 Analyze the bank balance sheet and discuss general principles of bank management

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction, an overview of the financial system and definition of money Chapters 1,2,3 in Mishkin
2 The Meaning and Behavior of Interest Rates Chapters 4,5 in Mishkin
3 The Risk and Term Structure of Interest Rates Chapter 6 in Mishkin
4 Banking and the Management of Financial Institutions Chapter 9 Mishkin
5 Economic Analysis of Financial Regulation Chapter 10 in Mishkin
6 Financial Crises in Advanced and Emerging Economies Chapter 12, 13 in Mishkin
7 Central Banks: A Global Perspective Chapter 14 in Mishkin
8 Midterm
9 Money Supply Chapter 15 in Mishkin
10 Tools of Monetary Policy Chapter 16 in Mishkin
11 Conduct of Monetary Policy Chapter 17 in Mishkin
12 The Foreign Exchange Market Chapter 18 in Mishkin
13 Quantity Theory, Inflation and Demand For Money Chapter 20 in Mishkin
14 Recent History of Monetary Policy and Central Banking in Turkey Seminar by a scholar or an expert from CBRT (TBA)

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12
All 1 2
C1
C2
C3
C4

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant