Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | IPFS304 |
| Name | Public Regulations |
| Term | 2017-2018 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HAŞİM AKÇA |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
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
Resources
Notes
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 | To evaluate regulation policies in various sectors |
| LO06 | Explains the examples of regulation applied in the world |
| LO07 | Analyzes sufficient information to work in regulation-related institutions |
| LO08 | Explain how regulation can promote or restrict competition |
| 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 | 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 | 3 |
| 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 | 2 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | |
| 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 | 2 |
| 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 | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 2 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 3 |
| 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 | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 3 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Economic Organizations | Lecture, presentation, discussion | |
| 2 | The Role of the State in the Economy and Opinions on Public Economic Activities | Lecture, presentation, discussion | |
| 3 | Regulation | Lecture, presentation, discussion | |
| 4 | Reasons for regulation I | Lecture, presentation, discussion | |
| 5 | Reasons for regulation II | Lecture, presentation, discussion | |
| 6 | Theories of Regulation | Lecture, presentation, discussion | |
| 7 | Methods of regulation | Lecture, presentation, discussion | |
| 8 | Midterm exam | written paper exam | |
| 9 | Efficiency Regulation | Lecture, presentation, discussion | |
| 10 | Regulation and Technological Development Interaction | Lecture, presentation, discussion | |
| 11 | Deregulation | Lecture, presentation, discussion | |
| 12 | Definition of Public Revenues, Features, Types and Separation | Lecture, presentation, discussion | |
| 13 | Regulation in Electricity and Telephone Service | Lecture, presentation, discussion | |
| 14 | Regulation in post office services | Lecture, presentation, discussion | |
| 15 | Regulation in Railways Services | Lecture, presentation, discussion | |
| 16 | Final Exam | written paper exam | |
| 17 | Final Exam | written paper exam |
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 | ||