Academic Catalog

ECON499 INTERNATIONAL MONEY, FINANCE AND BANKING

Course Code: 3110499
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Prof.Dr. ERDAL ÖZMEN
Offered Semester: Spring Semesters.

Course Content

the course aims to introduce students to alternative approaches to international money, finance and banking. Whilst the emphasis is on policy questions, theory postulations and empirical evidence will be referred to frequently. The course is planned to cover some topical issues including i) International monetary regimes, ii) Exchange rate determination theories and evidence, iii) Alternative exchange rate regimes and policies, iv) Banking system: risks and regulation, v) The international experience with currency and banking crises, vi) Turkish financial system: Issues, risks and regulation, vii) Monetary policy in financially open economies with special reference to Turkey.