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LO-1
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To be able to explain the causes of inefficiency in the economy in a situation where there is no money; To have information to define the importance of the money and payments system, the change it has undergone in the historical process, and how the money supply is measured in Turkey. |
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LO-2
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To have knowledge and skills about the meaning, measurement and determination of interest rates. |
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LO-3
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To be able to explain the reasons for the differentiation in interest rates of bonds with the same maturity and risk structure. |
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LO-4
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To have knowledge and skills about the meaning and determination of exchange rates and the operation of the foreign exchange market. |
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LO-5
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To be able to define and explain how money demand is determined and how equilibrium is formed in the money market in Classical, Keynesian and Monetarist approaches. |
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LO-6
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To be able to interpret the effects of monetary policy on the economy. |
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LO-7
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To be able to define and explain how money causes price instability (such as inflation and deflation), and how this relationship between money and prices occurs. |