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

Course Introduction and Application Information

Course Code:

MNG038

Course Name:

Fiscal Policy and Public Finance

Semester:

Fall

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

Departmental Elective

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:

Prof. Dr. MİNE MUKADDES AFACAN FINDIKLI

Course Lecturer(s):

Course Assistants:

Course Objective and Content

Course Objectives:

This course aims to explain the main themes in public finance which implies mainly the study of the budgetary sector of public policy, the major functions of public activities, budgeting, public/social goods and their efficient provision (models), international aspects of public good provision, public decision taking procedures (government behaviour), public expenditure, public revenue and taxation, economics of the public debt, and impact of the neo-liberal globalization on public sector activities, and public finance

Course Content:

Fiscal functions and institutions; types of budgetary activity; public provision for social goods; public choice and fiscal politics; public expenditures; case studies in expenditure policies; principles of taxation; tax structure; fiscal federalism; fiscal policy and stabilization; economics of the public debt.

Learning Outcomes

The students who have succeeded in this course;
1) To understand the basic themes in public finance.
2) To use the required analytical tools to evaluate and comment the public finance and the economy as a whole.
3) To establish the linkage between political decision taking and public finance.
4) Acquiring required knowledge to continue to advanced studies in this field

Course Flow Plan

Week	Subject	Related Preparation
1)	The Public Sector in the Economy
2)	Market Efficiency and Market Failure
3)	Efficiency and Equity
4)	Public Goods and Publicly Provided Private Goods
5)	Social Goods Considered Further: Efficient Provision of Social Goods
6)	Externalities and Environment
7)	Mid-term Exam
8)	Public Choice
9)	Public Production and Bureaucracy
10)	Introduction to Taxation
11)	Tax Incidence
12)	Taxation and Economic Efficiency
13)	Deficit Finance and Sustainability of Public Finance
14)	Turkish Budgeting System
15)	Final Exam

Sources

Course Notes / Textbooks:	Shoup, C. (2017). Public finance. Routledge.
References:	Alesina, A., & Giavazzi, F. (Eds.). (2013). Fiscal policy after the financial crisis. University of Chicago Press.

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3	4
Program Outcomes
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1) Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.		1	2	1
2) They have knowledge and skills about different functions and interactions of the enterprise.
3) They can use different theoretical approaches to understanding and solving various business problems.		1	1	1
4) Being aware of the needs of society, they use business knowledge to meet these needs.
5) They have knowledge depthly about current problems of Turkey and Global Business World’s	1		1	1
6) They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.
7) They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.		1		1
8) They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.	3	1	3	3
9) They can develops teamwork, negotiation, leadership and entrepreneurship skills.
10) They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.	1		1	1
11) They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.
12) They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.	2	1	2	2
13) They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.		1

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.
1)	Using other social sciences and mathematics, they have a broad and interdisciplinary perspective on business and management sciences.	1
2)	They have knowledge and skills about different functions and interactions of the enterprise.
3)	They can use different theoretical approaches to understanding and solving various business problems.	1
4)	Being aware of the needs of society, they use business knowledge to meet these needs.
5)	They have knowledge depthly about current problems of Turkey and Global Business World’s	1
6)	They can determine the objectives of the institution in which they are involved, taking into account the market needs and economic conditions.
7)	They can solve complex business problems by using various statistical techniques and numerical methods and makes analysis by using statistical programs effectively.	1
8)	They can use a foreign language at least B1 General Level in terms of European Language Portfolio criteria according to the education level of a foreign language.	3
9)	They can develops teamwork, negotiation, leadership and entrepreneurship skills.
10)	They have the knowledge of universal ethical values, social responsibility awareness and sufficient level of labor law.	1
11)	They can identify the individual learning needs and carries out studies to correct them by developing positive attitudes about lifelong learning.
12)	They can express their ideas and solutions both written and orally, and if required they can present and publish them on both national and international platforms.	2
13)	They use information and communication technologies together with computer software at the advanced level of European Computer Driving License required by the field.

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Workload and ECTS Credit Calculation

Activities	Number of Activities	Workload
Course Hours	15	43
Study Hours Out of Class	13	26
Midterms	1	21
Final	1	35
Total Workload		125