TÜRKÇE
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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| PUBLIC FINANCE (PhD) | |
| Code | PF806 |
| Name | Fiscal Policy Analysis (Z) |
| 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. VOLKAN YURDADOĞ
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The main purpose of this course is to examine the fiscal policies implemented in the national and global context, to analyze and evaluate the implementation and results in transition economies, developed and developing countries.
Course Content
In this course, the aims, instruments, types of fiscal policy and what kind of fiscal policy should be used to achieve economic, social and other purposes, its effectiveness in closed and open economies will be discussed in comparison with monetary policy. In addition, the characteristics of the fiscal policies of Turkey, transition economies and other countries will be presented and comparisons will be made.
Course Precondition
There is no prerequisite for this course.
Resources
T. Addison, A. Roei Fiscal Policy for Development : Poverty, Reconstruction and Growth, Palgrave MacMillan, 2006
Notes
B. Ataç, Maliye Politikası, Turan Yayınevi, 2016. B. Hansen, The Economic Theory of Fiscal Policy, Psychology Press, 2003
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain the theoretical foundations of the state's intervention in the economy and fiscal policy. |
| LO02 | Can interpret economic fluctuations, keynesian and monetarist stabilization policies |
| LO03 | Evaluate fiscal policy in times of inflation, recession and crisis. |
| LO04 | Discuss the effectiveness of monetary and fiscal policies |
| LO05 | Evaluates the role of fiscal policy in achieving economic stability and development |
| LO06 | Evaluates the economic problems brought about by globalization. |
| LO07 | Can analyze fiscal policies in Turkey. |
| LO08 | Can analyze fiscal policies in other countries |
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. | 5 |
| 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. | 3 |
| 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). | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Follows national and international publications related to her field. | 3 |
| 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. | |
| 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. | 4 |
| 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. | 3 |
| 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 | State Intervention in the Economy and Fiscal Policy: Theoretical Foundations | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Bireysel Çalışma, Beyin Fırtınası |
| 2 | Relationship of Fiscal Policy with Other Economic Policy Instruments | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 3 | Automatic Stabilizers | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 4 | Economic Fluctuations, Keynesian and Monetarist Stability Policies and Fiscal Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Tartışma, Anlatım, Soru-Cevap, Beyin Fırtınası, Bireysel Çalışma |
| 5 | Rational Expectations and Stability Policy: New Classical and New Keynesian Approaches | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 6 | Inflation and Unemployment, Combating Inflation and Fiscal Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Tartışma, Anlatım, Soru-Cevap |
| 7 | Recessions, Financial Crises and Fiscal Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 8 | Midterm Exam | Ölçme Yöntemleri: Ödev |
|
| 9 | Budget Deficits, Inflation and Deficit Financing | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 10 | Effectiveness of Monetary and Fiscal Policies: Mixed Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 11 | The Intersection Point of Monetary and Fiscal Policies: Inflationary Financing Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Beyin Fırtınası, Bireysel Çalışma, Tartışma |
| 12 | Friedman's Rule, Optimal Seigniorage Theory and Olivera-Tanzi Effect in Monetary Policy | Relevant sections of specified books and articles | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma, Beyin Fırtınası, Bireysel Çalışma |
| 13 | Analysis of Fiscal Policies in Turkey: The Period Before 1980 | Relevant sections of specified books and articles | Öğretim Yöntemleri: Tartışma, Anlatım, Soru-Cevap, Beyin Fırtınası, Bireysel Çalışma |
| 14 | Opening of Turkish Economy, Crises and Implemented Fiscal Policies | Relevant sections of specified books and articles | Öğretim Yöntemleri: Tartışma, Soru-Cevap, Anlatım |
| 15 | Comparison of fiscal policies implemented in transition economies, developing countries and Turkey | Relevant sections of specified books and articles | Öğretim Yöntemleri: Tartışma, Anlatım, Soru-Cevap, Beyin Fırtınası, Bireysel Çalışma |
| 16 | Final exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
|
| 17 | Final exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
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 | ||