Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: ECO303
Course Name: Fiscal Policy and Public Finance
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Compulsory Courses
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. ÇİĞDEM GÜRSOY
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: This course aims to teach students the basic concepts and discussions in the field.
Course Content: The nature and meaning of public finance, public economy theory, public expenditures, public finance (revenues), general principles of tax and other financial obligations, public debts.

Learning Outcomes

The students who have succeeded in this course;
1) Define financial instruments within the basic functions of the state.
2) Identify the basic issues of public finance.
3) Comprehend the place of public sector in general economy.
4) Distinguish between actual and apparent reasons for increase in public expenditures.

Course Flow Plan

Week Subject Related Preparation
1) Introduction
2) Basic Theory, Optimality and Pricing - 1
3) Basic Theory, Optimality and Pricing - 2
4) Cost/Benefit Analysis
5) Local Public Goods and Fiscal Federalism
6) Social Security / Unemployment Insurance, Disability Insurance and Workers' Compensation
7) MIDTERM
8) Distribution and Welfare Policy
9) Institutions and Theory of Taxation
10) Taxation and Labor Supply
11) Taxation and Savings
12) Corporate Tax
13) Tax Reform
14) General Review

Sources

Course Notes / Textbooks: Gruber, Jonathan. Public Finance and Public Policy.
References: Lecture Notes

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

4

Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 1 1 1 1
2) They have knowledge and skill about different functions and interactions of economy. 3 3 3 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3 3 3 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2 2 2 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 3 3 3 3
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 3 3 3 3
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 2 2 2 2
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2 2 2 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1 1 1 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 3 3 3 3
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3 3 3 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3 3 3 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 3 3 3 3

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 1
2) They have knowledge and skill about different functions and interactions of economy. 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 3
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 3
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 3
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 1
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 3
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 3

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Quizzes 4 % 20
Midterms 1 % 30
Final 1 % 50
total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Preparation for the Activity Spent for the Activity Itself Completing the Activity Requirements Workload
Course Hours 14 1 3 56
Quizzes 4 5 1 24
Midterms 1 15 1 16
Final 1 25 1 26
Total Workload 122