ECTS - Public Economics
Public Economics (MLY322) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Public Economics | MLY322 | Area Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Elective Group A |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Experiment. |
| Course Lecturer(s) |
|
| Course Objectives | This course aims to provide theoretical background to analyze the place and functions of modern state in a developed or developing capitalist economy. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Public sector and public economics; structure, composition and scope of public sector; fundamentals of welfare economics; market failure and government intervention; public goods and theory of social goods; externalities; natural monopolies, regulation and privatization; public choice; income distribution and redistribution; social cost-benefit |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Introduction to Public Sector Economics: History, Scope and Paradigms | T.Yay ve G.G. Yay(2007): Bölüm17, 23 / Rosen (1999): Bl.1-2 |
| 2 | Economic Rationales for the State: the Theory of Market Failures | Bulutoğlu (2004): Bl. 1-2 / Rosen (1999): Bl.3-4 |
| 3 | Theory of Public Goods | Bulutoğlu(2004): Chps.1-2 / Rosen (1999): Chps. 5 |
| 4 | Externalities and Asymmetric Information - Partial and General Equilibrium Models of Public Goods | Bulutoğlu (2004) Bölüm 2 / Rosen (1999): Chps. 6 |
| 5 | Collective Decision-Making Theory I: Social Choice Theory(Normative Analysis | Bulutoğlu (2004): Bl.4 / Akalın (2000): Bl.4 / Rosen (1999):Bl.7 |
| 6 | Collective Decision-Making II: Public Choice (Positive Analysis) | Bulutoğlu (2004): Chp.4 /Akalın (2000): Chp.4 / Yay and Yay (2007):Chp.19 / Rosen (1999): Chp.7 |
| 7 | First Midterm Exam | |
| 8 | ||
| 9 | The Structure and Development of the Government Expenditures - Public Sector and Income Distribution | Bulutoğlu (2004) / Akalın (2000): Bl.6 / Rosen (1999):Bl.7 |
| 10 | Cost Benefit Analysis | Bulutoğlu (2004) / Rosen (1999): Bl.12 |
| 11 | The Structure of Government Revenues and Taxes | Bulutoğlu (2004) Rosen (1999):Bl.13-14 |
| 12 | The Theory of Tax Incidence | Bulutoğlu (2004) Bulutoğlu (2004):Bl.15-18 |
| 13 | Fiscal Policy I : Government Expenditures, Taxes, Growth and Inflation | |
| 14 | ||
| 15 | ||
| 16 |
Sources
| Course Book | 1. Jonathan Gruber (2011): Public Finance and Public Policy, Worth Publishers. |
|---|
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 | 2 | 25 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 4 | 75 |
| 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 | 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 | |||||
| 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. | X | ||||
| 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. | 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 | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 2 | 20 | 40 |
| Prepration of Final Exams/Final Jury | 1 | 37 | 37 |
| Total Workload | 125 | ||