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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| PUBLIC FINANCE (PhD) | |
| Code | PF810 |
| Name | Market and Regulation |
| Term | 2024-2025 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | |
| Course Instructor |
Prof. Dr. HAŞİM AKÇA
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to examine market failures within the framework of regulation theories and to learn regulation methods that can be applied in this context.
Course Content
Providing the economic efficiency that cannot be achieved in case of market failures through state intervention, includes a theoretical analysis of how it will be regulated and in which areas competition is possible.
Course Precondition
no prerequisites
Resources
Akça, H. (2007) Regülasyon Ekonomisi
Notes
Fuat Oğuz, Devlet ve Piyasa: Regülasyon Teorisine Giriş, Ankara: Seçkin Yayıncılık, 2011
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Analyzes how the government should use regulatory tools and methods in various market failures. |
| LO02 | Explain basic concepts such as market failures (natural monopolies, externalities, asymmetric information) |
| LO03 | Discusses the necessity of government intervention, market failures and the role of regulation in the provision of public goods |
| LO04 | Compare the effectiveness of regulatory policies across various market sectors by examining economic, environmental and social regulations. |
| LO05 | Analyses regulations to promote competition, antitrust laws and their effects on market monopolisation |
| LO06 | Analyses the effects of regulation on factors such as consumer rights, prices, product quality and market diversification |
| LO07 | Evaluates the effects of regulations in banking, insurance and capital markets on economic crises, financial stability and risk management. |
| LO08 | Discusses the effects of carbon emission trading, environmental taxes and other environmental regulations on economic growth, sectoral impacts and sustainable development |
| LO09 | Compare regulatory policies in different countries, taking into account the global economic structure and the effects of international trade |
| LO10 | Discuss the degree of independence of regulatory bodies, political pressures and their impact on the effectiveness of regulatory processes |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | To be able to explain the basic conceptual knowledge related to the field, including the relationship between theory and practice. | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | To be able to synthesise the problems encountered in the field of finance with the information obtained from the field and different disciplines and evaluate the results. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Can explain the functioning of tax systems and different tax systems by using the theoretical and legal knowledge about the taxation process. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explains the policy proposals that can be applied against economic and financial problems in the context of fiscal policy (revenue, expenditure and borrowing). | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Follows national and international publications related to her field. | 4 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | To be able to conduct and publish studies related to the field of finance independently. | 2 |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | To be able to prepare works in accordance with academic rules based on information about the basic theories of the field. | 3 |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Appropriate responsibilities are assumed as a coordinator or participant in a project related to his/her field. | |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | To be able to develop solutions to the role of public sector in economic life and international financial problems in the process of globalisation. | 3 |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | To be able to propose solutions to the problems related to fiscal theory, fiscal law, fiscal economics, budget and fiscal planning, which should be in the experts and researchers needed by the public and private sectors. | 3 |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Sets a vision and target for the organization/institution related to the field of study. | |
| PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to transfer the current developments and prepared studies in the field of finance to the groups in and out of the field in written, oral and visual ways. | 3 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses advanced information and communication technologies along with computer software at the level required by the field. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to use at least one foreign language related to the field effectively and to have the ability to follow foreign literature. | 4 |
| PLO15 | Yetkinlikler - Alana Özgü Yetkinlik | Acts in accordance with scientific and ethical values in the process of creating information and knowledge related to the field. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The regulatory and supervisory role of the state in the economy | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Definition and types of the concept of regulation | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Reasons for regulation | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Regulatory theories: Public Interest Theory | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Theories of Regulation: Private Interest Theory and Economic Theory of Regulation | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Natural Monopolies and Regulation | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Types of competition and regulation methods | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Midterm Exam | Exam app | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Regulation in international organizations | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Regulatory and supervisory bodies in Turkey | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Competitive Markets Theory | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Price Discrimination | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Exclusive competition practices: predatory pricing and predatory pricing | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Exclusionary competition practices: cost raising, monopolization, mass production | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Cooperation and agreement | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Final exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Final exam | Exam app | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||