Information
Course Goal / Objective
The main aim of the course is to explain the market and public failures and to understand the state's intervention in the economy and the necessity of regulation.
Course Content
It includes the concept of regulation, its reasons, types, theories and methods, the concept of deregulation and regulation in various sectors.
Course Precondition
No prerequisites
Resources
Akça, H. (2007) Regülasyon Ekonomisi
Notes
Oğuz, F., & Çakmak, O. (2002). Küreselleşen bir dünyada regülasyon. Liberal Düşünce Dergisi, 7(25-26), 143-154.
Course Learning Outcomes
Order | Course Learning Outcomes |
---|---|
LO01 | To explain the concept of regulation, its types |
LO02 | Discusses the relationship between regulation and law, the powers of the state to regulate, the legal framework and the role of regulatory agencies |
LO03 | Discuss market failures (externalities, monopolies, asymmetric information, etc.) and how they lead to the need for regulation |
LO04 | To interpret the government's regulatory policies |
LO05 | Analyses the positive and negative effects of regulations on productivity, competition, prices, consumer behaviour and production |
LO06 | Explain how regulation can promote or restrict competition |
LO07 | Evaluates the effects of different regulations in each sector on the economy by focusing on the applications of regulation in various sectors such as energy, health, transport and communication. |
LO08 | Explains the examples of regulation applied in the world |
LO09 | Analyses the effects of regulations on income distribution, inequality and social welfare |
Relation with Program Learning Outcome
Order | Type | Program Learning Outcomes | Level |
---|---|---|---|
PLO01 | Bilgi - Kuramsal, Olgusal | Explains basic conceptual information about economy and finance | 3 |
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. | 5 |
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. | 4 |
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 | Economic Organizations | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
2 | The Role of the State in the Economy and Opinions on Public Economic Activities | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
3 | Regulation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
4 | Reasons for regulation I | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
5 | Reasons for regulation II | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
6 | Theories of Regulation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
7 | Methods of regulation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
8 | Mid-Term Exam | written examination | Ölçme Yöntemleri: Yazılı Sınav |
9 | Efficiency Regulation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
10 | Regulation and Technological Development Interaction | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
11 | Deregulation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
12 | Definition of Public Revenues, Features, Types and Separation | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
13 | Regulation in Electricity and Telephone Service | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
14 | Regulation in post office services | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
15 | Regulation in Railways Services | Reading relevant book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
16 | Term Exams | written examination | Ölçme Yöntemleri: Yazılı Sınav |
17 | Term Exams | written examination | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
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 |