Fiscal Policy (MLY421) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Fiscal Policy MLY421 7. Semester 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Compulsory Departmental Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Duran Bülbül
Course Assistants
Course Objectives To have knowledge about fiscal policy.
Course Learning Outcomes The students who succeeded in this course;
  • Students who are successful in this course analyze the following situations: Public intervention in a market economy
  • Links between economic policy and fiscal policy goals, tools, multiplier mechanism
  • Fine-tuning and automatic stabilizers
  • Interaction of monetary and fiscal policies and policy mix
  • Structural adjustment and fiscal policy
  • Fiscal policy and income distribution
  • Development and fiscal policy
  • Budget deficits
  • Ministry of Treasury and Finance, Central Bank
  • Development of fiscal policy in Turkey
Course Content Definition and scope of fiscal policy; the role of fiscal policy in the realisation of economic stability; methods of implementing fiscal policy; debates on the effectiveness of fiscal policy; fiscal policy in combating inflation; inflation and government debt; fiscal policy in combating recession.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Public intervention in a market economy Reading Relevant Sections in Basic and Auxiliary Resources
2 Links between economic policy and fiscal policy - goals, means, multiplier mechanism - Reading Relevant Sections in Basic and Auxiliary Resources
3 Fine-tuning and auto-stabilizers Reading Relevant Sections in Basic and Auxiliary Resources
4 Voluntary fiscal policies Reading Relevant Sections in Basic and Auxiliary Resources
5 Interaction of monetary and fiscal policies and policy mix Reading Relevant Sections in Basic and Auxiliary Resources
6 Structural adjustment and fiscal policy Reading Relevant Sections in Basic and Auxiliary Resources
7 Fiscal policy and income distribution Reading Relevant Sections in Basic and Auxiliary Resources
8 Midterm
9 Budget deficits, Treasury and Central Bank -I Reading Relevant Sections in Basic and Auxiliary Resources
10 Budget deficits, Treasury and Central Bank -II Reading Relevant Sections in Basic and Auxiliary Resources
11 Budget deficits, Treasury and Central Bank -III Reading Relevant Sections in Basic and Auxiliary Resources
12 Budget deficits, Treasury and Central Bank -IV Reading Relevant Sections in Basic and Auxiliary Resources
13 Development of fiscal policy in Turkey Reading Relevant Sections in Basic and Auxiliary Resources
14 Development of fiscal policy in Turkey Reading Relevant Sections in Basic and Auxiliary Resources
15 General Review
16 Final Exam

Sources

Course Book 1. Pınar, Abuzer (2017), Maliye Politikası. Teori ve Uygulama, 9 baskı, Turhan Kitabevi, Ankara.
2. Türk, İsmail (2013), Maliye Politikası, 25. Baskı, Turhan Kitabevi, Ankara.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics 1 25
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 25
Final Exam/Final Jury 1 40
Toplam 4 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses X
Major Area Courses
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 Have an advanced level of basic theoretical knowledge on the field of public finance in order to obtain the practical gains.
2 Identify the issues related to the field of public finance by dealing with it within the framework of the methodological approach, and report and evaluate it from an analytical point of view.
3 Understand, interpret and analyse economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law.
4 Develop policies and strategies for solving the problems by establishing the cause-effect relationship related to fiscal and economic issues through theoretical information and the discussions.
5 Establish the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develop analysis on public finance and makes a link with the policy implementation
6 Understand the tax theory, learning the legal structure, following the legal and financial developments and gaining a professional competence in tax matters effectively develop it.
7 Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of institutions with the knowledge and competence gained.
8 Gain knowledge of macroeconomic framework and growth theory, including theoretical and country examples, evaluates economic developments from a theoretical perspective.
9 Use foreign language in financial and economic fields, follow international literature, communicate on professional issues.
10 Benefit from technological developments in studies specific to its field by using information technologies, digital developments and common software.
11 Use qualitative and quantitative methods for the analysis of economic, financial, social and institutional events.
12 While fulfilling its academic and professional responsibilities, develop an approach that respects s United Nations sustainable development goals, freedoms, rights of the disadvantaged groups, environment, cultural and moral values.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 1 7 7
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 2 20 40
Prepration of Final Exams/Final Jury 1 30 30
Total Workload 125