Ders Planı

Lesson Information

Course Credit	3.0
Course ECTS Credit	7.0
Teaching Language of Instruction	İngilizce
Level of Course	Bachelor's Degree, TYYÇ: Level 6, EQF-LLL: Level 6, QF-EHEA: First Cycle
Type of Course	Compulsory
Mode of Delivery	Face-to-face
Does the course require compulsory or optional work experience?	Z
Course Coordinator	Assist. Prof. Dr. BİLGE ÇAĞATAY
Instructor (s)
Course Assistant	Mr. Anıl Tuğral

Purpose and Content

The aim of the course	This course aims to introduce the students to the banking system, and the role of money and interest rates in the economy.
Course Content	Money, interest rates, banks and other financial institutions at both micro and macro levels. Micro: alternative financial instruments, the determination of interest rates, the yield curve, and the role of banks and other capital market institutions in the intermediation process. Supply of money, regulation, and supervision.

Learning Outcomes

Analyse the basic concepts of economics.
Comprehend the production factors and the relationships among production factors.
Analyze the effects of international trade on production factors, supply and demand.
Determine the production, sales, marketing, international trade and financial strategies according to national economic data.
Manage the international trade risks of national or international companies.
Use the basic theories and norms that manage international trade and finance.
Develop strategies in national and international economy, foreign trade and finance.
Work on applications of risk that is significant for the firms.
Develop strategies for the sector in the international trade.
Synthesize the knowledge gathered from international trade education, business life and own life.
Determine own learning needs due to the critical and analytic thinking skills acquired.
Gain the skill to move own education to more advanced level.
Prepare scientific research that may lead to national or internationel level economics politics.
Develop business that is related with international trade in local, national or international levels.
Use economic theories to solve current economic problems.
Become present in occupational, local and global networks in relation with international trade and can use these networks effectively.
Work on risk estimation and prevention.
Make research and works on the subjects related with the field.
Take convenient responsibility as a project maker or a participant towards project aims.
Determine aim and target for organization/institution.
Determine methods for the risk factors and the best interests of the firm.
Critically assess the acquired knowledge and skills.
Show that he/she understands the continuity of learning need.
Use the theoritical gains derived by the training process into the practical matters.
Develop strategies for the company when taken part in the decision-making process and forward-looking strategies.
Transfer own suggestions and ideas that are obtained in relation with the field and that are in the level of knowledge and skills to releavant people in a written and oral way.
Communicate effectively with the stakeholders in the occupational field.
Use information and communication technologies with the computer software that are in line with the Europe Advanced Level Computer Usage Licence and that are at least required by the field.
Communicate with the collegues and monitors the knowledge in own field by using a foreign language at least in the level of Europe Language Portfolio B1 General Level.
Behave in accordance with organizational/institutional, business and social ethiccal values.
Analyze and effectively administers the organization's/institution's relationships with its stakeholders.
Gain the ability to encourage innovation.
Show critical approaches in relation with the organization/institution.
Have enough consciousness about the subjects of the universality of the social rights, social justice, quality and cultural values, as well as protecting environment, work health and safety.

Weekly Course Subjects

1	An Overview of Money and Banking: Definition of Money, Banking and Finance
2	Flow of Funds Accounting; Financial Inter-mediation and Banking
3	Bank Based - Stock Market Based Finance
4	Financial Repression Model I: Fei and Ranis; Chenery and Strout Models
5	Financial Liberalisation Model: McKinnon and Shaw
6	Critique of Financial Liberalisation: Stiglitz - Weiss - Fry Model
7	Portfolio Theory and Asset Pricing Models 1
8	Money Supply and monetary policy tools: money and inflation Financial Regulation and Central Banking
9	Midterm exam
10	Derivatives: Close Money Substitutes; Futures and Options
11	Exchange rates, FX market, exchange rate systems and Balance of Payments: Impossible Trinity
12	Evolution of International Monetary System, IMF
13	Efficient Markets Hypothesis and Crisis Dynamics
14	Banking in Turkey. REVISION CLASS

Resources

Sheliagh Heffernan, Modern Banking, John Wiley & Sons Ltd.: London, 2005
MONEY AND BANKING, SAYLOR BOOKS
Lester v: Chandler, The Economics of Money and Banking, Princeton, 1959
Frederick S. Mishkin, The Economics of Money, Banking and Financial Markets, 7th Edition, Pearson Addison-Wesley, 2009.

CLASS 1

CLASS 2

CLASS 3

CLASS 4

Lesson Information

Purpose and Content

Learning Outcomes

Weekly Course Subjects

Resources

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