Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMETRICS PR. (ENGLISH) | |
| Code | IPFS401 |
| Name | Public Finance |
| Term | 2018-2019 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. İLTER ÜNLÜKAPLAN |
| Course Instructor |
Prof. Dr. MELEK AKDOĞAN GEDİK
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Aim of this couse is to introduce market failures reasons with micro economics tools
Course Content
This course includes Introduction to public economics, Institutional Economics, Public Sector,its composition and its magnitudes, market economy, concept of efficiency and equity, cost and benefit analysis, market failure and roles of gevernments, public goods, externalities, naturel monopols, regulations and privatization, redustrubition policies, equity and efficiency
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the basic terminology in the field of Public Finance |
| LO02 | Explains the role of the public and private sectors in the economy, the structure and functioning of the market economy and public economy |
| LO03 | Explains the types of public expenditures and public revenues. |
| LO04 | Evaluates the economic and social effects of public expenditures and public revenues. |
| LO05 | Follows current developments in public finance |
| LO06 | Analyzes public debt and its effects |
| LO07 | Budget, budget systems and evaluates the application of Turkey. |
| LO08 | Explains tax technique, tax problems, economic effects of taxes and tax types |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Analyzes/interprets at the conceptual level to develop solutions to problems | 2 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data from reliable data sources for the purpose of study | 2 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Interprets the results analyzed with the model | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field of research | 3 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | Adapts traditional approaches, practices and methods to a new study when necessary | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Uses a package program of Econometrics, Statistics, and Operation Research | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | 4 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it follows the current developments in the field / constantly renews itself | 4 |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | 4 |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 4 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Perspectives about public economics | traditional teaching methods | |
| 2 | Composition, structures and magnitudes of public economics | traditional teaching methods | |
| 3 | Equity and Efficiency | traditional teaching methods | |
| 4 | Cost and Benefit Analysis | traditional teaching methods | |
| 5 | PUBLIC GOOD 1 | traditional teaching methods | |
| 6 | PUBLIC GOOD 2 | traditional teaching methods | |
| 7 | EXTERNALITY I | traditional teaching methods | |
| 8 | Mid-Term Exam | written exam | |
| 9 | EXTERNALITY 2 | traditional teaching methods | |
| 10 | NATURAL MONOPOLIES, REGULATION AND PRIVATIZATION | traditional teaching methods | |
| 11 | NATURAL MONOPOLIES, REGULATION AND PRIVATIZATION 2 | traditional teaching methods | |
| 12 | Public Choice Theory | traditional teaching methods | |
| 13 | Redustrubition of Income I | traditional teaching methods | |
| 14 | Redustrubition of Income 2 | traditional teaching methods | |
| 15 | Equity and Efficiency of Taxation | traditional teaching methods | |
| 16 | Term Exams | written exam | |
| 17 | Term Exams | written 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 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||