MONEY AND BANKING

Course Description

This course is designed to explain the importance of money and banking to economic activity. This course offers a systematic analysis of monetary theories and the financial system. Apart from exposing students to different approaches in monetary analysis, the course places a special emphasis on the up-to-date analysis of how information costs affect financial structure and monetary policy. The course will cover the structure and importance of the financial system, the functions of money, behavior of interest rates, financial structure and asymmetric information, bank management and regulation, debates on macroeconomic and monetary policies, the targets and instruments of monetary policies, the transmission mechanism of monetary policy and its effectiveness, money and inflation, rational expectations and its applications.

MONEY AND BANKING

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 Assessing economic performance of banks
2. 02 Analysis of bank data
3. 03 Assessing performnce of different banks
4. 04 Correctly interpreting central bank activities and decisions

Course Syllabus

Reference Books & Course Materials

1. 01 The Economics of Money and Banking and Financial markets by Frederick S. Mishkin PEARSONS 10TH EDITION IABN-13-978-0132770248

Learning Outcomes

1. L01 To assess economic performance of global banking sector SOLO 4
2. L02 To derive possible outcomes through solid knowledge and understanding of the role of financial system in the economy SOLO 4
3. L03 To evaluate the evolution of money and the role of the money in economic transactions SOLO 5
4. L04 To articulate the contribution of banking to the economy SOLO 5
5. L05 To investigate economics of Financial Intermediation and the role of financial intermediaries. SOLO 4

Program Outcomes

1. P01 1. Students will be able to adopt theoretical and practical knowledge in a challenging work environment.
2. P02 2. Students will be able to guide teamwork in intercultural and various international working environments.
3. P03 3. Students will be able to obtain the communicative, conceptual and analytical skills necessary for conflict environments.
4. P04 4. Students will be able to recognize the importance of basic competence to create a competitive advantage and achieve a success on a global scale.
5. P05 5. Students will be able to integrate ethical and social responsible practices that are environmentally friendly and applicable both in business and personal life.
6. P06 6. Students will be able to raise awareness about continuous improvement to increase business performance in professional life.
7. P07 7. Students will be able to adopt and apply critical and strategic thinking together with research capabilities for organizational decisions.
8. P08 8. Students will be able to use and manage the information technologies required for the contemporary business world.
9. P09 9. Students will be able to have a knowledge of, at least, one foreign language at basic level in addition to English.
10. P10 10. Students will be able to acquire effective teamwork skills.

Po-Lo Matrix