PF720 Economics of Regulation

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

Information

Unit INSTITUTE OF SOCIAL SCIENCES
PUBLIC FINANCE (MASTER) (WITH THESIS)
Code PF720
Name Economics of Regulation
Term 2024-2025 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. HAŞİM AKÇA
Course Instructor Prof. Dr. HAŞİM AKÇA (Bahar) (A Group) (Ins. in Charge)


Course Goal / Objective

The aim of the course is to understand the economic rationale of state intervention, which occurs when market processes cannot provide economic efficiency, as predicted by neo-classical economic theory, and to reveal the effects of state regulatory interventions on the economy by analyzing economic regulation theories in this context.

Course Content

The course includes a theoretical analysis of how the economic efficiency that cannot be achieved in case of market failures will be regulated under the regulatory state model and in which areas competition is possible.

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 Evaluates the necessity of regulation within the framework of concepts such as market failures, externalities, public goods and natural monopolies
LO02 Analyse the types of economic, social and environmental regulations and their effects in different sectors
LO03 Critically evaluate the advantages and disadvantages of free market economy and state intervention
LO04 Makes comparative analyses by examining different regulatory policies applied in the USA, European Union and developing countries
LO05 Analyses the welfare implications of competition law, consumer protection policies and market regulation
LO06 Evaluate the effects of regulations on entrepreneurship, innovation and foreign direct investment
LO07 Analyses the economic effects of regulation in the electricity, water, telecommunications and transport sectors
LO08 Evaluates the effects of regulations in banking, insurance and capital markets on crisis management and economic stability
LO09 Analyse the independence of regulatory agencies, lobbying and the effects of regulation on political processes


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal To have advanced theoretical and practical knowledge in the field of finance, economics and public policy 3
PLO02 Bilgi - Kuramsal, Olgusal Makes comparative analyses of different schools of economics and fiscal approaches
PLO03 Bilgi - Kuramsal, Olgusal Analyses the discipline of finance from an interdisciplinary perspective by associating it with fields such as law, economics, public administration, business administration and accounting. 3
PLO04 Bilgi - Kuramsal, Olgusal Analyses the numerical and statistical data obtained in the field of Finance by using contemporary communication tools, methods and processes 3
PLO05 Beceriler - Bilişsel, Uygulamalı To be aware of the necessity of lifelong learning and to evaluate the current developments in the field 5
PLO06 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Leads academic or professional studies in the field of finance
PLO07 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği To be able to produce effective solutions by transforming academic and professional knowledge into practical applications in the field of finance 3
PLO08 Yetkinlikler - Öğrenme Yetkinliği Evaluates the legislation by being aware of the legal regulations related to financial events 3
PLO09 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses the necessary level of computer software and information and communication technologies in the professional field
PLO10 Yetkinlikler - İletişim ve Sosyal Yetkinlik To be able to systematically transfer the original researches prepared in the field of finance to the groups in and out of the field in written, oral and visual form by using scientific research methods. 3
PLO11 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses Turkish and at least one foreign language in accordance with the requirements of academic life and business life
PLO12 Yetkinlikler - Alana Özgü Yetkinlik To have social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the field of finance. 4
PLO13 Yetkinlikler - Alana Özgü Yetkinlik To be aware of social, scientific and professional ethical values and to act accordingly 4


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


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: 26.02.2025 03:00