ECTS - Public Finance and Treasury Operations

Public Finance and Treasury Operations (MLY315) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Public Finance and Treasury Operations MLY315 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Question and Answer, Drill and Practice, Problem Solving.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Duran Bülbül
Course Assistants
Course Objectives The aim of this course is to teach students the methods of government borrowing. Students will be able to make public economic analyses more accurately. In addition, students will learn the concept of treasury and treasury operations.
Course Learning Outcomes The students who succeeded in this course;
  • Defines the concepts of public debt and private debt.
  • Lists the reasons for state borrowing.
  • Analyses public domestic borrowing policies.
  • Explains foreign borrowing policies and factors affecting foreign borrowing policies.
  • Understands the importance of the treasury institution.
  • 6. Explains the duties and powers of the treasury institution.
  • Explains the relations of the Treasury with other public institutions.
  • Have knowledge about treasury-central bank relations.
Course Content Overview of the public financial system and financial management, budget and cash balance, the effect of budget deficits on the economy and calculation of budget deficits with different definitions; public finance, borrowing, debt dynamics, sustainability of debt, risks faced by debt management, debt management and treasury operations in Turkey.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 General Characteristics of Government Borrowing and Reasons for Government Borrowing Reading Related Sections in Basic and Other Sources
2 Domestic Borrowing and Classification of Domestic Borrowing Reading Related Sections in Basic and Other Sources
3 External Borrowing and Classification of External Debts Reading Related Sections in Basic and Other Sources
4 Economic Effects of Government Debt Reading Related Sections in Basic and Other Sources
5 Economic Effects of Domestic Borrowing and External Borrowing Reading Related Sections in Basic and Other Sources
6 Government Debt Management Reading Related Sections in Basic and Other Sources
7 Secondary Markets for Government Debt Instruments Reading Related Sections in Basic and Other Sources
8 Midterm Exam
9 Treasury as a concept and institution Reading Related Sections in Basic and Other Sources
10 Treasury's organisational structure and relations with public institutions Reading Related Sections in Basic and Other Sources
11 Treasury domestic and external debt management Reading Related Sections in Basic and Other Sources
12 Management of public shares Reading Related Sections in Basic and Other Sources
13 The role of the Treasury in financing the budget and the impact of the Treasury on financial markets Reading Related Sections in Basic and Other Sources
14 Politics and Treasury Management Reading Related Sections in Basic and Other Sources
15 IMF, World Bank and Treasury Relations Reading Related Sections in Basic and Other Sources
16

Sources

Course Book 1. Erdem, M. 2020; Devlet Borçları, 10. baskı, Ekin Yayınevi, Bursa
2. Eğilmez, M. 2020; Hazine, Remzi Kitabevi, İstanbul

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
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
Supportive Courses X
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. X
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. X
3 Understand, interpret and analyse economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law. X
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. X
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 X
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. X
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. X
8 Gain knowledge of macroeconomic framework and growth theory, including theoretical and country examples, evaluates economic developments from a theoretical perspective. X
9 Use foreign language in financial and economic fields, follow international literature, communicate on professional issues. X
10 Benefit from technological developments in studies specific to its field by using information technologies, digital developments and common software. X
11 Use qualitative and quantitative methods for the analysis of economic, financial, social and institutional events. X
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. X

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
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 10 10
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 30 30
Prepration of Final Exams/Final Jury 1 37 37
Total Workload 125