PF741 Public Economics 1

6 ECTS - 3-0 Duration (T+A)- . Semester- 3 National Credit

Information

Code PF741
Name Public Economics 1
Term 2022-2023 Academic Year
Term Spring
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
1


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

no prerequisites

Resources

Jonathan Gruber- Public Finance and Public Policy Richard Abel Musgrave Public Finance in Theory and Practice

Notes

HARVEY S. ROSEN & TED GAYER PUBLIC FINANCE


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Analyzes students' public economics discipline from an analytical perspective
LO02 Explain theories about the size of the public sector
LO03 Analyze the concepts of efficiency and fairness in the operating model of the market economy.
LO04 Measures social benefits and costs
LO05 Explain the causes of market disruptions
LO06 Analyzes public goods, externalities and natural monopolies as a market failure
LO07 Analyzes 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 Belirsiz 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 Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Alıştırma ve Uygulama, Problem Çözme
2 Pareto Efficiency in Exchange Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
3 Pareto Efficiency in Production Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Problem Çözme
4 General Equilibrium of the Economy Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
5 Social Welfare Functions Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
6 Welfare Economics: Basic Concepts Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
7 Welfare Economics: Voting Methods Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
8 Mid-Term Exam Ölçme Yöntemleri:
Yazılı Sınav
9 Public Goods-I Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
10 Public Goods-II Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
11 Financing Public Goods Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Problem Çözme
12 Externalities: Basic Concepts Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Bireysel Çalışma, Problem Çözme
13 Private and Public Solutions to Externalities Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Bireysel Çalışma, Problem Çözme
14 Natural Monopoly Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Bireysel Çalışma, Problem Çözme
15 Asimetric Information, Adverse Selection and Moral Hazard Basic Concepts of Microeconomics and Mathematical Economics Öğretim Yöntemleri:
Anlatım, Soru-Cevap, Tartışma, Bireysel Çalışma, Problem Çözme
16 Term Exams Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams 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 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 17.11.2022 01:05