TÜRKÇE
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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | PFZ403 |
| Name | Fiscal Policy |
| Term | 2018-2019 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. VOLKAN YURDADOĞ |
| Course Instructor |
Prof. Dr. VOLKAN YURDADOĞ
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to introduce students to the theoretical concepts of fiscal policy and to give information about the effectiveness of fiscal policy tools in achieving economic stability.
Course Content
In this course, the definition of fiscal policy, the objectives and tools of fiscal policy, voluntary and automatic stabilizing fiscal policies and income distribution, inflation / deflation, budget deficits and the interaction of fiscal policy are explained.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Defines the aims and tools of fiscal policy |
| LO02 | Compares the views of different economic approaches on the effectiveness of fiscal policy |
| LO03 | Evaluates the relative effectiveness of monetary and fiscal policies in ensuring economic stability |
| LO04 | Evaluates the use and impact of discretionary policies, automatic stabilizers and fiscal rules in achieving economic stability |
| LO05 | Evaluates the approaches to the economic problems in terms of fiscal policy. |
| LO06 | Evaluates the use of fiscal policy in combating economic problems |
| LO07 | Explains the historical development of fiscal policy |
| LO08 | Analyzes the fiscal policies implemented in developing countries and Turkey by comparing them |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. | 5 |
| PLO02 | - | Collecting and commenting data from different sources using contemporary communication tools, methods and processes | 4 |
| PLO03 | - | Having basic computer skills and knowledge, the vocational field uses this information | 4 |
| PLO04 | - | Perform numerical and statistical data aggregation, analysis and interpretation | 4 |
| PLO05 | - | Individually and / or in a team, take responsibility, leadership, and effectively works | 4 |
| PLO06 | - | An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it | 4 |
| PLO07 | - | Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates | 5 |
| PLO08 | - | Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules | 4 |
| PLO09 | - | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | 4 |
| PLO10 | - | Uses Turkish in accordance with the needs of academic life and business life | 4 |
| PLO11 | - | He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally | 4 |
| PLO12 | - | It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. | 4 |
| PLO13 | - | Aware of and act in accordance with social, scientific and professional ethical values | 0 |
| PLO14 | - | Question traditional approaches, practices and methods, develop new working methods where necessary and | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Discussions about efficiency of fiscal policy | Related chapter on text book and weekly recommended article | |
| 2 | Fiscal Policy : Related Definitions | Related chapter on text book and weekly recommended article | |
| 3 | The role of fiscal policy on Fiscal Stability | Related chapter on text book and weekly recommended article | |
| 4 | Relative Effectiveness of fiscal and monetary policy on economic stability | Related chapter on text book and weekly recommended article | |
| 5 | Aggregate supply and demand models, fiscal and monetary policy | Related chapter on text book and weekly recommended article | |
| 6 | Post Keynesian Approach of Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 7 | Stabilization Policy :Discreationary vs. Automatic Stabilizers Policy | Related chapter on text book and weekly recommended article | |
| 8 | Mid-Term Exam | Written exam | |
| 9 | Inflation and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 10 | Recession and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 11 | Stagflation and Fiscal Policy | Related chapter on text book and weekly recommended article | |
| 12 | Issue of Budget Deficit | Related chapter on text book and weekly recommended article | |
| 13 | Fiscal Policies in Developing Countries | Related chapter on text book and weekly recommended article | |
| 14 | Economic Growth, economic development and fiscal policy | Related chapter on text book and weekly recommended article | |
| 15 | Turkey's economic stabilization issues and policies | Related chapter on text book and weekly recommended article | |
| 16 | Term Exams | Written exam | |
| 17 | Term Exams | Written 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 | 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 | ||