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 Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Experiment.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Sinan Sönmez
Course Assistants
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;
  • Student will be able to evaluate the state as a social institution, with its historical, economic, political and juridical dimensions.
  • Student will be able to use microeconomic and macroeconomic theories and concepts to explain the activities of state and relationships between the individual and the state.
  • Student will be able to make the economic analysis of politics.
  • Student will be able to analyze market and public sector comparatively.
  • Student will be able to evaluate the importance of the social problems related to education, health and environment in an economy.
  • Student will be able to understand more easily the news related to public expenditures and taxes in daily newspapers and media.
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 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 Students can learn the basic concepts, theories and methods of political science and public administration and use them in the analysis of national and global political developments and cause-effect relationships.
2 It enables one to understand how policies are created and implemented in real life at the local, national, regional and/or global level, to recognize the important institutions and actors that play a role in these processes, and to know the functioning of public administration.
3 It provides a basic level of knowledge about other fields related to political science and public administration disciplines (such as international relations, sociology, psychology, cultural studies, economics, law, history, etc.) and thus provides an interdisciplinary understanding that takes into account the relationships between different areas of life and establishes connections.
4 Learning the use of quantitative and/or qualitative research techniques that can be used in the field of political science and public administration, software, hardware and/or technical tools that can be useful; gaining experience in designing and executing research projects to develop their application skills in this field.
5 By promoting critical analytical thinking, intellectual debate and lifelong learning, the development of the ability to act with an open mind, to avoid discrimination and to be sensitive and respectful of different points of view, thus developing skills for acting in partnership.
6 To develop decision-making and initiative taking, work completion and time management competencies by understanding business ethics in public administration, politics and all related fields.
7 Developing communication skills, oral and written expression, presentation techniques; learning the writing principles and procedures required to write an academic article on political science and public administration disciplines.
8 The aim of the course is to master the English terminology in the disciplines of political science and public administration and to gain foreign language knowledge at a level to follow the studies written in English, so that current political developments and events in various countries can be analysed comparatively.
9 To know the political history of both Turkey and the world in terms of periods, important turning points and actors, to comprehend the impact of the social-historical backgrounds of countries on current political and administrative issues.

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