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IKT 305 - Monetary Theory and Policy

Faculty of Business and Management Sciences · Business Administration · Undergraduate

ECTS: 5 T+P+L: 3+0+0 University Elective
Coordinator:

Course Objective

To develop a historical and analytical point of view on the relationship between money, financial system and the economy, with an emphasis on both orthodox and heterodox monetary policy and monetary theories.

Course Content

The role of money and credit in modern capitalist economies. Financial aspects of the process of economic growth, with an emphasis on orthodox and heterodox monetary theory and policy. Historical evolution of money and banking.

Course Learning Outcomes

  1. To understand the relations and interactions between money, the financial system and the macroeconomy.
  2. To understand the fundamental characteristics of and differences between orthodox and heterodox monetary theories and policies.
  3. To understand the monetary transmission process under alternative monetary policy strategies.
  4. To be able to define the monetary policy instruments of the Central Bank of the Republic of Turkey,
  5. To be able to define the duties and authorities of the Central Bank of the Republic of Turkey,

Core Area Distribution

(31) Social and Behavioural Science%100