The objective of this course is to develop students` ability in analyzing and formulating public economic problems and policies
This course focuses on the application of economic theory to the analysis of the issues pertaining to public expenditures and taxation.
Vertical Tabs
Course Learning Outcomes
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Learning Outcomes |
Programme Learning Outcomes |
Teaching Methods |
Assessment Methods |
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1) Defines public economics and its ideology |
2,4,5,7 |
1,2,3 |
A, C |
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2) Using positive and normative analysis for problem-solving. |
3,4,5,6 |
1,2,3 |
A, C |
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|
3) Studies the factors that causes markets to fail. |
2,5,6,7 |
1,2,3 |
A, C |
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4) Compares public and private provision of goods and services. |
5,6,7 |
1,2,3 |
A, C |
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5) Investigates the daily use of cost benefit analysis. |
2,6,7 |
1,2,3 |
A, C |
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6) Analyses the public and private provision of goods and services in different sectors |
2,6,7 |
1,2,3 |
A, C |
Course Flow
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COURSE CONTENT |
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Week |
Topics |
Study Materials |
|
1 |
Public Finance and Ideology |
Chapter 1 |
|
2 |
Tools of Positive Analysis
|
Chapter 2 |
|
3 |
Tools of Normative Analysis
|
Chapter 2 |
|
4 |
Tools of Normative Analysis |
Chapter 3 |
|
5 |
The Money Supply Process II |
Chapter 3 |
|
6 |
1st MID-TERM EXAMINATION |
|
|
7 |
Public Goods |
Chapter 4 |
|
8 |
Externalities |
Chapter 5 |
|
9 |
Externalities |
Chapter 5 |
|
10 |
Education |
Chapter 6 |
|
11 |
2nd MID-TERM EXAMINATION |
|
|
12 |
Cost Benefit Analysis |
Chapter 7 |
|
13 |
Cost Benefit Analysis |
Chapter 7 |
|
14 |
The Health Care Market |
Chapter 8 |
|
15 |
Final |
All Content |
Recommended Sources
|
Textbook: |
Public Finance by Harvey S. Rosen and Ted Gayer, McGraw-Hill, 9th ed |
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Lecture Notes |
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Additional Resources: |
Jonathan Gruber (2011): Public Finance and Public Policy, Worth Publishers. Arye L. Hillman(2009): Public Finance and Public Policy, Cambridge University Press. Turan Yay(2010): “The Role of the State in Adam’s Smith’s Thought System and Modern Public Finance Theory: A Comparative Evaluation”, International Journal of Economics and Finance Studies, 2010, Vol.2, No.2, pp.87-98 Turan Yay (2009): “Invisible Hand in the Process of Making Economics or On the Method and Scope of Economics”, Panoeconomicus, LVI (1) |
Material Sharing
|
Documents |
Lecture Notes, Additional Reading |
|
Assignments |
End of Chapter problems and Homework Assignments |
|
Exams |
|
Assessment
|
IN-TERM STUDIES |
NUMBER |
PERCENTAGE |
|
Mid-terms |
1 |
75 |
|
Homework |
3 |
10 |
|
Quizzes |
3 |
15 |
|
Total |
|
100 |
|
CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE |
|
40 |
|
CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE |
|
60 |
|
Total |
|
100 |
|
COURSE CATEGORY |
Expertise/Field Courses |
Course’s Contribution to Program
|
COURSE'S CONTRIBUTION TO PROGRAMME |
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|
No |
Program Learning Outcomes |
Contribution |
||||
|
1 |
2 |
3 |
4 |
5 |
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|
1 |
Students can keep themselves informed and analyze the current economic development in Turkey and in the world from an international political economy perspective paying a particular attention to the interaction of the Turkish economy with the global economy. |
|
X |
|
|
|
|
2 |
Being aware of the development and accumulation of economic thought, students can master qualitative and quantitative knowledge and methods to test various economic theories that can be applied to the analysis of the current economic problems. |
|
|
|
X |
|
|
3 |
Students can use statistical and econometric analyses by learning how to use information technologies that have validity and widespread use in the field of economics. |
|
X |
|
|
|
|
4 |
By learning how to learn in the field of economics, students can research and work individually or as a team using the Turkish and English academic resources. |
|
|
X |
|
|
|
5 |
Being aware of the ethical values, students know the individual, social and ecological dimensions of the concept of social responsibility and can prove that they understand the active citizenship duty that falls upon them within this framework. |
|
|
X |
||
|
6 |
Students can clearly express, present and share their knowledge, the outcomes of their studies, their ideas and comments to people in their field or other disciplines/units using the necessary data, in national and international academic and professional environments, in Turkish or English. |
|
X |
|
|
|
|
7 |
Students can show that understanding the universality of social rights and the concepts of social justice, which form the basis of the modern societies, and the importance of scientific perspective, which is necessary to the social development and global competitiveness. |
|
|
|
|
X |
|
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ECTS
|
Activities |
Quantity |
Duration |
Total |
|
Course Duration (Including the exam week: 16x Total course hours) |
15 |
3 |
45 |
|
Hours for off-the-classroom study (Pre-study, practice) |
15
|
5 |
75 |
|
Mid-terms |
1 |
4 |
4 |
|
Quiz |
3 |
0.5 |
1.5 |
|
Homework |
3 |
3 |
9 |
|
Final examination |
1 |
3 |
3 |
|
Total Work Load |
|
|
137.5 |
|
Total Work Load / 25 (h) |
|
|
5.5 |
|
ECTS Credit of the Course |
|
|
6,0 |