Public Economics (ECON510) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Public Economics ECON510 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Sinan Sönmez
Course Assistants
Course Objectives Detailled analysis of public economics and public decision making process
Course Learning Outcomes The students who succeeded in this course;
  • To understand the relation between welfare economics and public economics
  • To learn the optimal provision of public goods and the models of resource allocation
  • To make the economic analysis of the political preferences and procedures in public decision making
  • To learn the logic and technical procedure of social cost-benefit analysis
  • To understand the neo-classical approach to public economics
Course Content Relation between the state and the public economics in capitalism; linkage between welfare economics and public economics; efficient resource allocation criteria and the relative models; externalities; regulation, deregulation and privatization; social cost-benefit analysis; public choice; bureaucratic production of services; justice and efficiency

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 The Capitalist state and public economics The corresponding chapters of the course books and supplementary books.
2 The Structure, composition and size of the public sector
3 Fundamentals of the welfare state
4 Market economy and state intervention
5 Pareto optimum, compensation tests and second best theorem
6 Theory of social/public goods
7 Externalities
8 Midterm Exam
9 Natural monopolies, regulation and privatization
10 Social cost-benefit analysis
11 Public choice theory-I
12 Public choice theory-II
13 Enterpreneurship in the provision of public services and the bureucratie
14 Justice and efficiency in taxation
15 General Review
16 Final Exam

Sources

Course Book 1. -Kirmanoğlu, Hülya, (2007), Kamu Ekonomisi Analizi, Beta, İstanbul, Kasım.
2. Durmuş, Mustafa, (2008), Kamu Ekonomisi, Gazi, Ankara
Other Sources 3. Sönmez, Sinan, (1987), Kamu Ekonomisi Teorisi, Verso/teori, Ankara, Mayıs.
4. Bulutoğlu, Kenan, (2008), Kamu Ekonomisine Giriş, Seçkin Yayınevi, Ankara, Ocak.
5. Aleskerov, Fuad, Ersel, Hasan ve Sabuncu, Yavuz (1999), Seçimden Koalisyona Siyasal Karar Alma, YKY, İstanbul, Kasım
6. Stiglitz, Joseph, E., (2000), Economics of the Public Sector,3th edition, W.W. Norton & Company, New York

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project 1 10
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 3 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 To compare main microeconomic theories, approaches and make a critical evaluation of each X
2 To compare main macroeconomic theories, approaches and make a critical evaluation of each X
3 To apply mathematical modeling
4 To employ statistical and econometric tools in analyzing an economic phenomena
5 To analyze the main economic indicators and comment on them X
6 To acquire theoretical knowledge through literature survey and derive empirically confirmable hypothesis X
7 To make a research design and carry it out within predetermined time frames
8 To be able to develop new approaches for complex problems in applied economics and/or apply statistical/econometric tools to new areas/problems
9 To formulate and present policy recommendations based on academic research X
10 To combine economic knowledge with other disciplines in order to solve problems requiring scientific expertise X
11 To use information technology effectively
12 To continue learning and undertake advanced research independently X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 5 80
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 10 10
Prepration of Final Exams/Final Jury 1 10 10
Total Workload 100