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ISTANBUL GELİŞİM UNIVERSITY INFORMATION SYSTEM

MONETARY THEORY AND POLICY COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BNS351 MONETARY THEORY AND POLICY 5 3 3 7

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week Preparatory Topics(Subjects) Method
1 - Definition, Functions, and Characteristics of Money; Definitions of Money Supply -
2 - Definitions of Money Demand and Quantity of Money; Theories of Money Demand -
3 - Indicators, Objectives, Instruments, and Types of Monetary Policy -
4 - Indicators, Objectives, Instruments, and Types of Monetary Policy; Macroeconomic Equilibrium and Monetary Policy in Open Economies -
5 - Macroeconomic Equilibrium and Monetary Policy in Open Economies -
6 - Theoretical Approaches: Classical Approach, Keynesian Approach -
7 - Theoretical Approaches: Monetarist Approach, General Review -
8 - Theoretical Approaches: New Classical, New Keynesian, Post-Keynesian Approaches -
9 - Financing of Public Deficits and Monetary Instability; The Problem of Inflation -
10 - MID-TERM EXAM -
11 - The Problem of Inflation -
12 - Alternative Monetary Policy Strategies: Exchange Rate Targeting -
13 - Alternative Monetary Policy Strategies: Monetary Targeting -
14 - Alternative Monetary Policy Strategies: Inflation Targeting -
15 - - -
16 - FINAL EXAM -
17 - FINAL EXAM -