Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
7İKT438Economics of Monetary Union2+0+02318.08.2026
Course Details
Language of Instruction Turkish
Level of Course Unit Bachelor's Degree
Department / Program Economics
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course In this course; the stages of the European Monetary Union, its current structure and functioning will be explained in the light of regional economic integration and monetary policy theories
Course Content What is Monetary Union? The establishment and history of the European Monetary Union
The place and importance of the European Monetary Union in the world and European economy The structure and functioning of the European Central Bank
The framework, purpose and instruments of the Common Monetary Policy
The impact of the European Central Bank policies on the economies of the European Union countries
Economic policy practices in the European Monetary Union
Course Methods and Techniques Each lesson will begin with the instructor introducing you to the weekly course content. During the teaching process, lectures, question-answer, case study methods will be used, and group discussions will be included. Therefore, it is mandatory to do preliminary work on the topic to be covered before the lesson.
Prerequisites and co-requisities None
Course Coordinator Sekreter Turgay Bozan turgay.bozan@hku.edu.tr
Name of Lecturers None
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources articles
Course Notes -Course Duration and Entry/Exit to the Course-
This course is conducted in class for three hours per week. The course will not be taught during the midterm week. In this context, the course will continue actively for 13 weeks. In case the time periods of the course coincide with official holidays and the academician's congress, seminar, etc. work coincides with the course days, a make-up will definitely be made. In addition, if deemed necessary, an additional course can be held.

-Attendance-
If students will be absent due to illness or personal reasons, they must first share it with me. Attendance will be taken starting from the first week. Attendance is required for 70% of the courses. Students who do not meet the attendance requirement will fail the course due to absence.

-Illness or Emergency Notification-
You can call my office number to explain your illness or emergency situation. If you cannot reach me at that moment, you can send me an e-mail.

-Disabled Students-
Hasan Kalyoncu University offers equal educational opportunities to its students with disabilities in both campus life and education, teaching and evaluation activities. Having a disability does not constitute a problem for you to pass this course. If you have a disability, please inform your department advisor. Your disability will be notified to me in a petition written through the department chair. For example, if you have a visual impairment, there is no problem with you using a voice recorder in my class. In addition, if you have a similar disability, you will be assigned a reader for your exams.

-Student Course Representatives-
Two volunteer students will serve as course representatives throughout the semester. The faculty member will direct course presentations and different articles, etc. to the course representatives; the course representatives will be responsible for communicating them to the rest of the class.

-Course Materials-
Questions will be asked on the topics you are responsible for, the topics covered in the course, and the books you have read in the quiz, midterm, and final exams. Therefore, read the books with understanding and follow the presentations carefully.
Know that the faculty member is not required to share the course presentations.

-Participation-
It was stated that the learning focus of the course is critical thinking. Therefore, asking questions, listening to and criticizing the ideas of others means participating in the course. Here are some suggestions on how you can participate in class:
? Prepare yourself by answering the questions in the weekly class flow.
? Bring thought-provoking questions to class discussions and ask your friends.
? Be sure to write important notes about class discussions in your notebooks.
? Discuss the books you read.
Documents Utku Utkulu, Gülçin Güreşçi, 2017, Parasal Birlik ekonomisi, Nobel Akademik Yayıncılık Yusuf Bayraktutan, Avrupa Bütünleşmesinde Parasal Birlik ve Türkiye, Roma Yayınları

Course Category
Mathematics and Basic Sciences %20
Social Sciences %80

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 15 2 30
Mid-terms 1 30 30
Final examination 1 30 30
Total Work Load   Number of ECTS Credits 3 90

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Understanding the structure of the monetary union
2 Understanding the formation and functioning of the monetary union
3 Analyzing the monetary union policies
4 Understanding the impact of the monetary union on the economy

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 What is Monetary Union? reading books
2 Establishment and history of the European Monetary Union reading books
3 The place and importance of the European Monetary Union in the world and European economy reading books

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12
All 5 4 5 3 3 4 5 5 3 1 4 1
C1 5 4 5 3 3 4 5 5 3 1 4 1
C2 5 4 5 3 3 4 5 5 3 1 4 1
C3 5 4 5 3 3 4 5 5 3 1 4 1
C4 5 4 5 3 3 4 5 5 3 1 4 1

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant