Tourism and Hotel Management (English)
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

FNCE313

Course Name:

Monetary Economics

Course Semester:

Spring

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Faculty Elective

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Dr.Öğr.Üyesi MEHMET GÖKHAN GÖKTAN

Course Lecturer(s):

Prof. Dr. FATMA ÇİĞDEM ÇELİK
Dr.Öğr.Üyesi MEHMET GÖKHAN GÖKTAN

Course Assistants:

Course Objective and Content

Course Objectives:

Become familiar with the money suppy process.
Analyze and discuss ongoing monetary policy implementations of central banks.
Identify the effects of monetary policy decisions on the economic activity

Course Content:

An introduction to monetary theory; to the effects of monetary variables on the macroeconomic system; theories of the demand for money; classical monetary theory; monetary policy strategies; neutrality; inflation; interest-rate feedback rules; the banking system; financial intermediation; the determinants of the money supply; the transmission mechanism of monetary policy; the term structure of interest rates including inflation targeting; policymaking in an uncertain environment; the role of the Central Bank and the conduct of monetary policy; the interaction between monetary and fiscal policy and the arguments for Central Bank independence the nature and function of money; the Phillips curve; financial crises and the role of the central bank as a lender of last resort.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Identify the items in the balance of payments, current and capital accounts.
2) Apply some of the basic models of international trade theory to evaluate and critically analyze real problems in international economics.
3) Describe and interpret how different trade policies affect welfare and income distribution in an economy.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	What is Money?	none
2)	Banking and the Management of Financial Institutions	reading
3)	Central Banks: A Global Perspective	reading
4)	The Money Supply Process	redaing
5)	The Money Supply Process	reading
6)	Tools of Monetary Policy	reading
7)	The Conduct of Monetary Policy: Strategy and Tactics	reading
8)	The International Financial System	reading
9)	Quantity Theory, Inflation, and the Demand for Money	reading
10)	The Monetary Policy and Aggregate Demand Curves	reading
11)	Monetary Policy Theory	reading
12)	Monetary Policy Theory	redaing
13)	The Role of Expectations in Monetary Policy	reading
14)	Transmission Mechanisms of Monetary Policy	reading
15)	FINAL EXAM (ALL CHAPTERS)	none

Sources

Course Notes / Textbooks:	The Economics of Money, Banking and Financial Markets Frederick S. Mishkin, 11th ed., (Global Edition) 2016 ISBN-10: 1-29-209418-4 • ISBN-13: 978-1-292-09418-2
References:	The Economics of Money, Banking and Financial Markets Frederick S. Mishkin, 11th ed., (Global Edition) 2016 ISBN-10: 1-29-209418-4 • ISBN-13: 978-1-292-09418-2

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3
Program Outcomes
1) Learning the facts, concepts and principles related to tourism and hotel management
2) Having a theoretical and practical knowledge at the basic level related to the field
3) To be able to make analytical evaluations for tourism and travel sector
4) Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5) To be able to work efficiently in the tourism sector
6) Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7) Organizing, coordinating and developing departments in accommodation organizations
8) To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9) Demonstrating the ability to apply professional working techniques in food and beverage establishments

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Learning the facts, concepts and principles related to tourism and hotel management
2)	Having a theoretical and practical knowledge at the basic level related to the field
3)	To be able to make analytical evaluations for tourism and travel sector
4)	Learning the basic laws and regulations and professional standarts that apply regarding the tourism sector in Turkey and physical environment associated with hotel management space, tools, and use acquainted with the technology, applying the ethical values, protecting the natural environment
5)	To be able to work efficiently in the tourism sector
6)	Learning the characteristics of the major tourist destinations to apply this knowledge in the tourism sector for Turkey and worldwide
7)	Organizing, coordinating and developing departments in accommodation organizations
8)	To be able to define and develop sales techniques and income management practices applied in accommodation and food and beverage companies
9)	Demonstrating the ability to apply professional working techniques in food and beverage establishments

Learning Activity and Teaching Methods

Field Study
Peer Review
Individual study and homework
Reading
Homework

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Oral Examination
Group project
Presentation
Reporting

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Duration (Hours)	Workload
Midterms	40	0	0
Final	60	0	0
Total Workload			0