- Main Page
- Information on the Institution
- General Description of the Institution
- Address of İzmir University of Economics
- Academic Authorities
- Academic Calendar
- Recognition of Prior Learning
- Recognition of Study Abroad
- List of Programs Offered
- General Admission Requirements
- General Registration Procedures
- ECTS Credit Allocation
- Grading
- Arrangements for Academic Guidance
- Internationalization
- Institutional ECTS Coordinator
- Departmental Erasmus Coordinators
- Degree Programs
- Economics
- Qualification Awarded
- Level of Qualification
- Specific Admission Requirements
- Qualification Requirements and Regulations
- Recognition of Prior Learning
- Profile of the Program
- Program Outcomes
- Course & Program Outcomes Matrix
- Occupational Profiles of Graduates
- Access to Further Studies
- Program Structure
- Course Structure Diagram with Credits
- Exam Regulations & Assessment & Grading
- Graduation Requirements
- Mode of Study
- Program Director (or Equivalent)
- Evaluation Questionnaires
- Courses
- General Information For Students
- About İzmir
- Cost of Living
- Accommodation
- Meals
- Medical Facilities
- Facilities for Special Needs Students
- Career Guidance Center
- Insurance
- Financial Support for Students
- Registrar's Office
- Learning Facilities
- International Programs
- Practical Information for Exchange Students
- Language Courses
- Internships
- Sports and Leisure Facilities
- Student Associations
- Useful Phone Numbers
- Diploma Supplement
- Erasmus Policy Statement
- National Qualifications
- Bologna Commission
11111
COURSE INTRODUCTION AND APPLICATION INFORMATION
eco.ieu.edu.tr
| Course Name | |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| Fall/Spring |
| Prerequisites | None | |||||
| Course Language | ||||||
| Course Type | Elective | |||||
| Course Level | - | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | |
| Learning Outcomes | The students who succeeded in this course;
|
| Course Description |
|
| 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 | MONEY BASICS AND GOLD, HISTORY OF MONEY IN OTTOMAN AND REPUBLICAN ERAS, BRETTON WOODS | Chapter I |
| 2 | MONETARY THEORIES, QUANTITY THEORY, ISLM MODEL (HICKS, HANSEN), IMPOSSIBLE TRINITY (MUNDELLFLEMING) | Chapter II |
| 3 | CONCEPTS AND INNER RELATIONSHIPS OF Y=C+I+G+(XM) AND IS, GT AND XM, TURKEY’S RELATIONSHIP WITH THE IMF | Chapter III |
| 4 | DEMAND AND SUPPLY OF MONEY; CENTRAL BANKS’ ROLE IN MONETARY POLICIES, INDEPENDENCE OF CENTRAL BANKS VERSUS HUMPHREYHAWKINS OF THE USA | Chapter IV |
| 5 | MONETARY POLICIES, TURKISH CENTRAL BANK’S FUNCTIONING | Chapter V |
| 6 | CENTRAL BANKS IN GENERAL | Chapter VI |
| 7 | FED, BOE, ECB & EU, TCMB AND SEIGNIORAGE | Chapter VII |
| 8 | RESERVE REQUIREMENTS, OPEN MARKET TRANSACTIONS | Chapter VIII |
| 9 | FOMC, MONETARY POLICY COMMITTEEES OF TCMB & BOE | Chapter IX |
| 10 | FOREIGN EXCHANGES, IMPACT ON ECONOMIES IN GENERAL AND MARKETS IN PARTICULAR | Chapter X |
| 11 | THE REAL INTEREST RATES, EXPECTED INFLATION AND NOMINAL INTEREST RATES; IRVING FISHER, ROBERT MUNDELL JAMES TOBIN, MICHAEL DARBY MARTIN FELDSTEIN | Chapter XI |
| 12 | ALL ABOUT INFLATION | Chapter XII |
| 13 | MONETARY TRANSMISSION MECHANISM | Chapter XIII |
| 14 | TAYLOR RULE, PHILLIPS CURVE | Chapter XIV |
| 15 | DEMAND AND SUPPLY SIDE POLICIES | Chapter XV |
| 16 | EUROZONE, MAASTRICHT CRITERIA | Chapter XVI |
| Course Notes/Textbooks | Halit Soydan's class notes |
| Suggested Readings/Materials | Monetary Theory and Policy, 2nd Edition by Carl E. Walsh; The Theory of Monetary Institutions by Lawrence H. White; Monetary Theory and Bretton Woods; The Construction of an International Monetary Order (Historical Perspectives on Modern Economics) by Filippo Cesarano |
EVALUATION SYSTEM
| Semester Activities | Number | Weigthing |
| Participation | 16 | 15 |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | 1 | 15 |
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 30 |
| Final Exam | 1 | 40 |
| Total |
| Weighting of Semester Activities on the Final Grade | ||
| Weighting of End-of-Semester Activities on the Final Grade | ||
| 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 | |||
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | 1 | ||
| Presentation / Jury | |||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 30 | |
| Final Exams | 1 | 32 | |
| Total | 110 |
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made. | X | ||||
| 2 | To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education. | X | ||||
| 3 | To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently. | |||||
| 4 | To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals. | |||||
| 5 | To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires. | |||||
| 6 | To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically. | X | ||||
| 7 | To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies. | X | ||||
| 8 | Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction. | X | ||||
| 9 | To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups. | |||||
| 10 | To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language. | X | ||||
| 11 | To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis. | X | ||||
| 12 | To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development | |||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest