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  • Faculty of Economics and Administrative Sciences
  • Program in Economics (English)
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  • Monetary Theory
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Course Title Code Compulsory/Elective Laboratory + Practice ECTS
Monetary Theory İKT309 V. SEMESTER 3+0 5.0
Language of Instruction İngilizce
Course Type Required Courses
Course Instructor(s) PROF. DR. İLYAS ŞIKLAR
Mode of Delivery The mode of delivery of this course is Face to face
Prerequisites There is no prerequisite or co-requisite for this course.
Courses Recomended There is no recommended optional programme component for this course.
Recommended Reading List The suggested text book is R. Glenn Hubbard’s Money, the Financial System and the Economy (Addison Wesley, New York, 2019).
Assessment methods and criteria 1 Mid-Term Exam    (as written)      (@) 1 Final Exam            (as written)      (`)
Work Placement N/A
Catalog Content -Why study Monetary Theory and Policy?-Overview of the Financial System-What is Money? Definition Problems and Functions of Money-Portfolio Choice Framework and Portfolio Allocation and Understanding Interest Rates-Determination and Behavior of Interest Rates-The Term and the Risk Structure of Interest Rates-Theories of Demand for Money-Transmission Mechanisms of Money-Money and the General Equilibrium of the Economy-Modern Monetary Theory (MMT): Covid 19 Pandemic and HelicopterMoney debate.

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