FACULTY OF BUSINESS

Department of Economics

ECON 303 | 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 101 To succeed (To get a grade of at least DD)
and ECON 102 To 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.

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 An Overview of the Financial System Chapter 2
2 What Is Money? Chapter 3
3 Understanding Interest Rate Chapter 4
4 Behavior of Interest Rate Chapter 5
5 Risk and Term Sructure of Interest Rate Chapter 6
6 The Stock Market, Theory of Rational Expectations, Efficient Market Hypothesis Chapter 7
7 An Economic Analysis of Financial Structure Chapter 8
8 Banking and the Management of Financial Institutions Chapter 9
9 Financial Crises in Advanced Economies Chapter 12
10 Financial Crises in Emerging Economies Chapter 13
11 Central Banks Chapter 14
12 Money Supply Process Chapter 15
13 Tools of Monetary Policy Chapter 16
14 The Conduct of Monetary Policy: Strategy and Tactics Chapter 17
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
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
30
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
Midterm
1
30
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
3
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
16
2
32
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
1
20
20
Presentation / Jury
0
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
1
40
40
Final Exam
1
40
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.

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)

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

 


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