INTERNATIONAL BURCH UNIVERSITY
Graduate Study - Faculty of Economics and Social Sciences
(3+2) Management Master With Thesis
2012-2013

SYLLABUS
Code Name Level Year Semester
BUS 532 Money and Banking Graduate 1 Spring
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
7.5 0 English

Instructor Assistant Coordinator
Erkan ILGÜN, Assoc. Prof. Dr. Erkan ILGÜN, Assoc. Prof. Dr.
[email protected] no email

COURSE OBJECTIVE
This course examines the dynamics of the money supply and money demand as well as their relations with the rest of the macro-economy. The course intends to focus on the role of banks and monetary policy (the Central Bank) in the money supply process Topics covered include: the ability of the central bank to regulate the supply of money and credit conditions; factors affecting the demand for money; and the relationship between changes in the money supply and interest rates and the impact of changes in each of these on other economic variables.

COURSE CONTENT
Week
Topic
  1. Introduction
  2. Financial and Monetary Institutions
  3. Interest Rates and Total Returns
  4. Demand and Supply for Financial Assets
  5. Demand and Supply: Applications
  6. Money and Prices: Theory
  7. Money and Prices: Examples
  8. Money and Output
  9. Money and Interest Rates
  10. Money and Financial Markets
  11. Monetary policy and the Term Structure
  12. Banking Sector
  13. The Money Supply
  14. Government Debt and Monetary Policy

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Lectures
    • Presentation
    • Assignments
    Description (%)
    Method Quantity Percentage (%)
    Midterm Exam(s)30
    Presentation25
    Final Exam150
    Total: 105
    Learning outcomes
    • Provide students with an understanding of the role of banks and their role in the monetary system;
    • Develop an understanding of the role of CBs and their conduct of monetary policy;
    • Understand the objectives and consequences of monetary policy.
    TEXTBOOK(S)
    • 1.Cecchetti S. G.: Money, Banking, and Financial Markets 2nd Edition Spring 2008, McGRAW - HILL
    • 2.Mishkin,F.: The Economics of Money, Banking and Financial Markets 8th edition, 2007]

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week) 0
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) 0
    Midterm Examination (1 week) 0
    Final Examination(1 week) 0
    Preparation for Midterm Examination 0
    Preparation for Final Examination 0
    Total Workload: 0
    ECTS Credit (Total workload/25): 0