Academic Catalog

ECON631 MONETARY THEORY

Course Code: 3110631
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Economics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Prof.Dr. ÞAZÝYE GAZÝOÐLU
Offered Semester: Fall or Spring Semesters.

Course Content

This course will take a fundamentally aggregate approach and relate "money" to different areas in economics such as "fiscal policy" international trade", "international monetary economics", "inflation", "economic growth", etc. Different types of macroeconomic model with a monetary sector will be studied and some of these models will be solved, using the Turkish data. Special emphasis will be given to current monetary issues in the Turkish economy.