Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | IPFZ201 |
| Name | Public Finance I |
| Term | 2017-2018 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. İLTER ÜNLÜKAPLAN |
| Course Instructor |
Prof. Dr. İLTER ÜNLÜKAPLAN
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Aim of this couse is to introduce market failures reasons with micro economics tools
Course Content
Introduction to public economics, Institutional Economics, Public Sector,its composition and its magnitudes, market economy, concept of efficiency and equity, cost and benefit analysis, market failure and roles of gevernments, public goods, externalities, naturel monopols, regulations and privatization, redustrubition policies, equity and efficiency
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the basic concepts of public economics (role of the state, public goods and services, market failures, etc.) |
| LO02 | Explains the reason for the existence of the public economics |
| LO03 | Analyzes the causes of market failures |
| LO04 | List the reasons for government intervention in the economy |
| LO05 | Analyzes public goods, externalities and natural monopolies as a market failure |
| LO06 | Explain the concepts of efficiency and justice in the functioning model of the market economy. |
| LO07 | Analyses the effects of public expenditures on social welfare |
| LO08 | Evaluates decision-making processes in the preparation and implementation of public economic policies, taking into account various economic and political factors |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 2 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 3 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | 2 |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 4 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 2 |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 4 |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 3 |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 3 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 3 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Perspectives about public economics | traditional teaching methods | |
| 2 | Composition, structures and magnitudes of public economics | traditional teaching methods | |
| 3 | Equity and Efficiency | traditional teaching methods | |
| 4 | Cost and Benefit Analysis | traditional teaching methods | |
| 5 | Public Goods I | traditional teaching methods | |
| 6 | Public Goods II | traditional teaching methods | |
| 7 | Externalities I | traditional teaching methods | |
| 8 | Mid-Term Exam | paper based exam | |
| 9 | Externalities II | traditional teaching methods | |
| 10 | Naturel Monopol, Regulations and Privatizion I | traditional teaching methods | |
| 11 | Naturel Monopol, Regulations and Privatizion II | traditional teaching methods | |
| 12 | Public Choice Theory | traditional teaching methods | |
| 13 | Redustrubition of Income I | traditional teaching methods | |
| 14 | Redustrubition of Income II | traditional teaching methods | |
| 15 | Equity and Efficiency of Taxation | traditional teaching methods | |
| 16 | Term Exams | paper based exam | |
| 17 | Term Exams | paper based exam |
Assessment (Exam) Methods and Criteria
| 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 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 86 | ||
| Total Workload / 25 (h) | 3,44 | ||
| ECTS | 3 ECTS | ||