BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
| ECONOMICS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
Course Introduction and Application Information
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO2244 | Public Finance | Spring | 3 | 0 | 3 | 6 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Basic information
| Language of instruction: | English |
| Type of course: | Departmental Elective |
| Course Level: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Assoc. Prof. OZAN BAKIŞ |
| Course Lecturer(s): |
Assoc. Prof. OZAN BAKIŞ |
| Recommended Optional Program Components: | None |
| Course Objectives: | This course is about the role of the government in the economy. The goal is to provide necessary theoretical tools to understand the reasons for government intervention in the economy, its consequences while taking into account the response of economic agents to the government’s actions. The course focuses on social insurance programs, public goods, equity-efficiency trade-off, and the effect of taxes on consumption and production decisions. |
Learning Outcomes
|
The students who have succeeded in this course; 1. Why public intervention in the market economy is necessary? 2. Efficiency of taxes and subsidies and their effects on social welfare 3. What is public good and how supply and demand of public goods are shaped? 4. Externalities 5. Social security and other social insurance programs |
Course Content
| The role and size of the public sector, The rationale for public sector, Interventions in case of market failure and distributional concerns, Tax incidence, Economic efficiency and taxation, Externalities, Public goods, Social insurance - basic theory, Social insurance and information asymmetry. |
Weekly Detailed Course Contents
| Week | Subject | Related Preparation |
| 1) | Role of the government in the economy | |
| 2) | Place of the government in the economy: Turkey - OECD comparison | |
| 3) | Working with supply and demand: taxes and subsidies | |
| 4) | Economic efficiency and social welfare | |
| 5) | Empirical tools | |
| 6) | Tax incidence | |
| 7) | Taxation and economic efficiency | |
| 8) | Optimal taxation | |
| 9) | Externalities | |
| 10) | Public goods: Basic theory | |
| 11) | Public goods: Political economy | |
| 12) | Social Security: Basic theory | |
| 13) | Social insurance: Information asymmetry | |
| 14) | Review |
Sources
| Course Notes / Textbooks: | Public Finance and Public Policy by Jonathan Gruber (2012), Worth Publishers; 4th edition. |
| References: |
Evaluation System
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 50 |
| Final | 1 | % 50 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
ECTS / Workload Table
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 3 | 16 | 48 |
| Study Hours Out of Class | 13 | 4 | 52 |
| Midterms | 1 | 15 | 15 |
| Final | 1 | 24 | 24 |
| Total Workload | 139 | ||
Contribution of Learning Outcomes to Programme Outcomes
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | 2 |
| 2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | 2 |
| 3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | 5 |
| 4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | 4 |
| 5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | 4 |
| 6) | Comprehends new ways of doing business using digital technologies. and new market structures. | 1 |
| 7) | Takes critical approach to economic and social problems and develops analytical solutions. | 2 |
| 8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | 4 |
| 9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | 5 |
| 10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | 2 |
| 11) | Generates original and innovative ideas in the works she/he contributes as part of a team. | 1 |