Course Code & Number:
ECON 351
Course Title:
Monetary Theory, Policy and Banking
Credit Hours/ ECTS Credits:
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Catalog Description:
Basic models of money and monetary economics. An overview of the financial markets. Theories regarding interest rate determination. Analysis of the demand and supply of money. Monetary transmission mechanisms and monetary approach to balance of payments
Pre-requisite / Co-requisite
Pre-requisites:
ECON 221
Co-requisites:
NONE
Learning Outcomes:
Upon succesful completion of this course, a student will be able to
1. Discuss interest rates, its terms structure and the risk.
2. Explain the role of money in the economy and money supply process.
3. Compare and contrast the monetary theories generated throughout the 20th century (mainly Keynesian, Monetarist and their modern incarnations).
4. Discuss the impact of monetary policy decisions in a given country have on international trade and on the policy decisions of foreign economies.
5. Explain monetary policy transmission mechanism in an economy.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Peer Teaching
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Simulation & Games
Video Presentations
Oral Presentation
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz/Homework
Written Project
Presentation (Oral/Poster)