COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Money and Banking
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ECON 303
Fall
3
0
3
6
Prerequisites
 ECON 101To succeed (To get a grade of at least DD)
andECON 102To succeed (To get a grade of at least DD)
Course Language
English
Course Type
Required
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives To acquaint the students with the very basics of banking, to explain monetary and interest systems, help them conceptualize money and capital market tools and functioning thereof.
Learning Outcomes The students who succeeded in this course;
  • Will be able to explain all money matters, all kinds of foreign exchange dealings, and all banking practices including deposits, consumer credits, and other consumer oriented services of commercial banks.
  • Will be able to analyze money and all monetary issues both theoretically and experimentally.
  • Will be able to discuss foreign exchange earning activities given the fact that the Turkish economy has been geared for some years to export led macro growth model.
  • Will be able to give knowledge of foreign trade at a basic level.
  • Will be able to explain the requirements and essentials of exporting commodities and services.
Course Description In this course money and monetary issues are explained. Foreign exchange is duly introduced with all experimental equations and practices. The scope and structures of all banking activities are taught and exemplified, and commercial banks’ role in the foreign trade are accentuated.
Related Sustainable Development Goals

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 An Overview of the Financial System & What Is Money? Chapter 2&3
2 Understanding Interest Rates Chapter 4
3 Banking and the Management of Financial Institutions Chapter 9
4 Central Banks Chapter 12
5 Central Banks Chapter 12
6 the Federal Reserve System Chapter 13&14
7 the Federal Reserve System Chapter 13&14
8 The Foreign Exchange Market &The International Financial System Chapter 17&18
9 The Foreign Exchange Market &The International Financial System Chapter 17&18
10 Quantity Theory, Inflation, and the Demand for Money Chapter 19
11 Quantity Theory, Inflation, and the Demand for Money Chapter 19
12 The IS Curve Chapter 20
13 The Monetary Policy and Aggregate Demand Curves, Chapter 21
14 The IS/LM Model Chapter 27
15 Review of the Semester  
16 Review of the Semester  
Course Notes/Textbooks

 Frederic, S. Mishkin, The Economics of Money, Banking and Financial Markets, Pearson

Suggested Readings/Materials Economics of Money, Banking, and Financial Markets by Frederic S. Mishkin

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
16
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
1
40
Final Exam
1
50
Total

Weighting of Semester Activities on the Final Grade
18
60
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
16
4
64
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
28
Final Exams
1
40
    Total
180

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to acquire a sound knowledge of fundamental concepts, theories, principles and methods of investigation specific to the economic field.

X
2

To be able to apply adequate mathematical, econometric, statistical and data analysis models to process economic data and to implement scientific research for development of economic policies.

3

To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently.

4

To be able to have adequate social responsibility with regards to the needs of the society and to organize the activities to influence social dynamics in line with social goals.

5

To be able to integrate the knowledge and training acquired during the university education with personal education and produce a synthesis of knowledge one requires.

X
6

To be able to evaluate his/her advance level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically.

X
7

To be able to acquire necessary skills to integrate social dynamics into economic process both as an input and an output.

8

To be able to link accumulated knowledge acquired during the university education with historical and cultural qualities of the society and be able to convey it to different strata of society.

9

To be able to take the responsibility as an individual and as a team member.

10

To be able to attain social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.

X
11

To be able to collect data in economics and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1)

X
12

To be able to speak a second foreign at a medium level of fluency efficiently.

13

To be able to relate the knowledge accumulated throughout human history to their field of economics.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest