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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| PUBLIC FINANCE (MASTER) (WITH THESIS) | |
| Code | PF741 |
| Name | Public Economics 1 |
| Term | 2018-2019 Academic Year |
| Term | Fall |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. İLTER ÜNLÜKAPLAN |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
In this course, the structure and operation of public economics will be discussed from various perspectives and it is aimed to make comparative analysis of public economy and market economy.
Course Content
Within the scope of the course, the reasons of state intervention in the economy and the question of state cause exist, externalities, public goods, natural monopolies are analyzed with the necessary figures and analyzes, while public choice theory and public sector analysis are planned. While income distribution policies, cost-benefit analyzes will be included in the course, the effects of taxes on income distribution and resource allocation will be discussed.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Ensure that students to evaluate the discipline of public economics from an analytical perspective |
| LO02 | Understanding the theories about the size of public sector and interpreting with various trends |
| LO03 | Interpret the concepts of efficiency and justice in the functioning model of market economy |
| LO04 | To be able to measure social benefits and costs |
| LO05 | To understand the causes of market failures |
| LO06 | To be able to analyze public goods, externalities and natural monopolies as a market failure |
| LO07 | Interpret the impact of income distribution policies |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | She/He has qualified and advanced knowledge about public economy and public finance. | 5 |
| PLO02 | - | Can analyze the theoretical information about the field of finance and evaluate its reflections in practice. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Collect, interpret and / or analyze data from different sources using contemporary communication tools, methods and processes | 2 |
| PLO04 | Bilgi - Kuramsal, Olgusal | To have the knowledge and skills of the computer, to use this information in the professional field | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Collects, analyzes and comments numerical and statistical data, reports | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Takes responsibility, conducts leadership and works effectively, individually and / or in a team | 3 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Utilize different sources within the framework of academic rules in an area that they are not researched, synthesizes and provides information effectively | 3 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Being aware of the necessity of lifelong learning, follows and evaluates the current developments in the field and renews itself continuously | 4 |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | İt is aware of the legal regulations related to financial events and makes legislation assessment | 3 |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Uses Turkish and at least one foreign language in accordance with the requirements of academic life and business life | 5 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Correctly understand and interpret the emotions, thoughts and behaviors of related persons; express himself orally and in writing | 4 |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Gains social, scientific and ethical values in the stages of collection, interpretation and announcement of data related to public finance science. | 5 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Be aware of social, scientific and professional ethical values and act accordingly | 5 |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | Questions the traditional approach, application and methods, develops and implements new working methods when necessary. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic Microeconomic Concepts | Basic Concepts of Microeconomics and Mathematical Economics | |
| 2 | Pareto Efficiency in Exchange | Basic Concepts of Microeconomics and Mathematical Economics | |
| 3 | Pareto Efficiency in Production | Basic Concepts of Microeconomics and Mathematical Economics | |
| 4 | General Equilibrium of the Economy | Basic Concepts of Microeconomics and Mathematical Economics | |
| 5 | Social Welfare Functions | Basic Concepts of Microeconomics and Mathematical Economics | |
| 6 | Welfare Economics: Basic Concepts | Basic Concepts of Microeconomics and Mathematical Economics | |
| 7 | Welfare Economics: Voting Methods | Basic Concepts of Microeconomics and Mathematical Economics | |
| 8 | Mid-Term Exam | ||
| 9 | Public Goods-I | Basic Concepts of Microeconomics and Mathematical Economics | |
| 10 | Public Goods-II | Basic Concepts of Microeconomics and Mathematical Economics | |
| 11 | Financing Public Goods | Basic Concepts of Microeconomics and Mathematical Economics | |
| 12 | Externalities: Basic Concepts | Basic Concepts of Microeconomics and Mathematical Economics | |
| 13 | Private and Public Solutions to Externalities | Basic Concepts of Microeconomics and Mathematical Economics | |
| 14 | Natural Monopoly | Basic Concepts of Microeconomics and Mathematical Economics | |
| 15 | Asimetric Information, Adverse Selection and Moral Hazard | Basic Concepts of Microeconomics and Mathematical Economics | |
| 16 | Term Exams | ||
| 17 | Term Exams |
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 | ||