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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | PFZ403 |
| Name | Fiscal Policy |
| Term | 2017-2018 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. VOLKAN YURDADOĞ |
| Course Instructor |
Prof. Dr. VOLKAN YURDADOĞ
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Effects of fiscal policy tools on economic stability
Course Content
Discussions about effectiveness of fiscal policy, Definitions related with fiscal policy, economic stability and fiscal policy Aggtagate supply and demand models , fiscal policy relations automatic stabilization policies discretionary fiscal policy role of fiscal policy on income distribution and inflation
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the aims and tools of fiscal policy |
| LO02 | Compares the views of different economic approaches on the effectiveness of fiscal policy |
| LO03 | Evaluates the relative effectiveness of monetary and fiscal policies in ensuring economic stability |
| LO04 | Evaluates the use and impact of discretionary policies, automatic stabilizers and fiscal rules in achieving economic stability |
| LO05 | Evaluates the approaches to the economic problems in terms of fiscal policy. |
| LO06 | Evaluates the use of fiscal policy in combating economic problems |
| LO07 | Explains the historical development of fiscal policy |
| LO08 | Analyzes the fiscal policies implemented in developing countries and Turkey by comparing them |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explains basic conceptual information about economy and finance | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | The departments of finance, law, economics, public administration, business administration and accounting have the necessary qualifications for the public and private sectors. | 3 |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Analyses the basic conceptual knowledge about economics and finance in the context of current economic and financial developments. | 3 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Synthesises the information obtained from different sources within the framework of academic rules in the field of research | |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works effectively individually and/or in a team. | |
| PLO06 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field. | 3 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Apart from the traditional approach, it develops new working methods when deemed necessary. | |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | |
| PLO09 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses herself orally and in writing | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | To be able to collect and analyse data from different sources by using contemporary communication tools, methods and processes | 3 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Having basic computer knowledge and skills, uses this information in the professional field. | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Explains the duties, authority and functioning of public financial institutions | |
| PLO13 | Yetkinlikler - Alana Özgü Yetkinlik | Explains job descriptions and responsibilities of professionals in the field of finance | |
| PLO14 | Yetkinlikler - Alana Özgü Yetkinlik | Have social, scientific and ethical values. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Discussions about efficiency of fiscal policy | Related chapter on text book and weekly recommended article | |
| 2 | Fiscal Policy : Related Definitions | Related chapter on text book and weekly recommended article | |
| 3 | The role of fiscal policy on Fiscal Stability | Related chapter on text book and weekly recommended article | |
| 4 | Relative Effectiveness of fiscal and monetary policy on economic stability | Related chapter on text book and weekly recommended article | |
| 5 | Aggregate supply and demand models, fiscal and monetary policy | Related chapter on text book and weekly recommended article | |
| 6 | Post Keynesian Approach of Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 7 | Stabilization Policy :Discreationary vs. Automatic Stabilizers Policy | Related chapter on text book and weekly recommended article | |
| 8 | Mid-term exam | ||
| 9 | Inflation and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 10 | Recession and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 11 | Stagflation and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 12 | Issue of Budget Deficit | Related chapter on text book and weekly recommended article | |
| 13 | Fiscal Policies in Developing Countries | Related chapter on text book and weekly recommended article | |
| 14 | Economic Growth, economic development and fiscal policy | Related chapter on text book and weekly recommended article | |
| 15 | Turkey's economic stabilization issues and policies | Related chapter on text book and weekly recommended article | |
| 16 | Final exam | ||
| 17 | Final exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||