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MONETARY THEORY AND POLICY COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
EKF445 MONETARY THEORY AND POLICY 7 3 3 7

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 - The General Framework of the Concept of Money, Monetary Systems, Definitions of the Amount of Money Supplied and Demanded. -
2 - General Framework of Monetary Policy, Monetary Policy Objectives and Instruments -
3 - The Problem of Delays in Monetary Policy Implementation, and the Channels Through Which Monetary Policy Affects the Economy. -
4 - Money and Inflation -
5 - Central Banking -
6 - Monetary Policy in Open Economies: The "IS-LM-BP Analysis Approach" -
7 - The Main Theoretical Approaches to Monetary Theory and Monetary Policy: The Classical and Keynesian Approaches -
8 - Monetarist Approach, Neoclassical Approach, NeoKeynesian Approach -
9 - Theories of Money Demand -
10 - MID-TERM EXAM -
11 - Financial Markets -
12 - Financial Institutions -
13 - Foreign Exchange Market -
14 - General Review -
15 - General Review -
16 - FINAL EXAM -
17 - FINAL EXAM -