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Information
| Code | ECOS415 |
| Name | Economic Policy |
| Term | 2022-2023 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. ERHAN İŞCAN |
| Course Instructor |
1 |
Course Goal / Objective
The aim of the subject is to improve students' knowledge about setting levels of taxation, government budgets, money supply, as well as about labor market policy, income inequalities, national ownership, and many other areas of government interventions into the economy. The main focus is on contemporary issues of economic policy.
Course Content
The course will concentrate on selected important economic policy issues and relevant economic tools. It will treat the issues at a level appropriate for students with the knowledge of economics provided by the courses already taken.
Course Precondition
There are no prerequisites.
Resources
Agnès Bénassy-Quéré, Benoît Coeuré, Pierre Jacquet, Jean Pisani-Ferry, Economic Policy Theory and Practice
Notes
Preston, A. J., & Pagan, A. R. (2008). The theory of economic policy. Cambridge Books.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain the purpose of Economic Policy |
| LO02 | Explain the economic policy tools |
| LO03 | understand Keynesian economics policy |
| LO04 | understand monetarist economics policy |
| LO05 | understand new classical economics policy |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Has the conceptual and theoretical competence to explain the phenomena in the disciplines of Political Science and International Relations. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Identifies the international and national issues by methodologies used in the disciplines of Political Science and International Relations; chooses the appropriate analysis techniques across the issues and applies the appropriate empirical studies. | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Becomes skilful at following and interpreting different social areas in international and national levels and also applies the problem-solving oriented practices. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Collects, reviews and analyzes the data obtained which necessary for modelling applications in the Social Science. | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Individually and/or in a team, takes responsibility, leadership, and works effectively. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | In recognition of the need for lifelong learning, follows the latest developments in the field and improves himself/herself. | 5 |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Uses Turkish, and at least one more foreign language, in accordance with the requirements of academic and work life. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understands and interprets the feelings, thoughts and behaviors of related persons correctly; and expresses himself/herself in written and oral forms accurately. | |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Improves his/herself constantly by defining educational requirements considering interests and talents in scientific, cultural, art and social fields besides career development. | 5 |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | Questions traditional approaches, practices and methods; and develops and applies new study methods if necessary. | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Recognizes and implements social, scientific and professional ethical values. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Develops skills of defining and analyzing the international, regional and national oriented issues, producing appropriate conflict-resolution techniques and negotiation skills. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Develops critical thinking skills. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Fundemantel Concepts in Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 2 | Description of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 3 | Factors Accelerating Development of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 4 | Basic Elements of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 5 | Goal-Tools Balance | Reading | Öğretim Yöntemleri: Anlatım |
| 6 | Determination of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 7 | Aplication of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Reading | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Species of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 10 | Fundemantel Objectives of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 11 | İnstruments of Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 12 | Theories of Economic Policy and Macroeconomics | Reading | Öğretim Yöntemleri: Anlatım |
| 13 | Classic Macro Theory and Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 14 | Keynesian Macro Theory and Economic Policy | Reading | Öğretim Yöntemleri: Anlatım |
| 15 | Rational Expectations Theory and Economic PolicyReading | Reading | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Reading | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Reading | Ölçme Yöntemleri: Yazılı Sınav |
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 | 15 | 15 |
| Total Workload (Hour) | 142 | ||
| Total Workload / 25 (h) | 5,68 | ||
| ECTS | 6 ECTS | ||