| LAW | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO2244 | Public Finance | Fall Spring |
3 | 0 | 3 | 6 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Non-Departmental Elective |
| Course Level: | Bachelor |
| Mode of Delivery: | Hybrid |
| Course Coordinator : | Assoc. Prof. OZAN BAKIŞ |
| Course Lecturer(s): |
Assoc. Prof. OZAN BAKIŞ |
| 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. |
|
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 |
| 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. |
| 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 | ||
| Course Notes: | Public Finance and Public Policy by Jonathan Gruber (2012), Worth Publishers; 4th edition. |
| References: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | % 0 | |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | % 0 | |
| Presentation | % 0 | |
| Project | % 0 | |
| Seminar | % 0 | |
| Midterms | 1 | % 50 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 50 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 3 | 16 | 48 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 13 | 4 | 52 |
| Presentations / Seminar | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Homework Assignments | 0 | 0 | 0 |
| Quizzes | 0 | 0 | 0 |
| Preliminary Jury | 0 | 0 | 0 |
| Midterms | 1 | 15 | 15 |
| Paper Submission | 0 | 0 | 0 |
| Jury | 0 | 0 | 0 |
| Final | 1 | 24 | 24 |
| Total Workload | 139 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | List the relations between concepts and institutions related to various legal disciplines and this concepts and institutions. | |
| 2) | Have the knowledge of legal methodology and methods of comment. | |
| 3) | Comment the modern legal gains with the historical knowledge. | |
| 4) | Have the knowledge of philosophical currents of thought which are the bases of legal rules. | |
| 5) | Have the knowledge of legal regulations, judicial decisions and the scientific evaluations related to them. | |
| 6) | Resolve the juridical disagreements in light of legal acts, juridical decisions and doctrine. | |
| 7) | Use at least one foreign language as scientific language. | |
| 8) | Have the knowledge of the political and juridical foundation of the state. | |
| 9) | Have the knowledge of the historical development of the rights of individuals and societies and of the basic documents which are accepted throughout this development. | |
| 10) | Have the ability to resolve the disagreements which can violate the social order in national or international level. | |
| 11) | Have the ability to prevent the juridical disagreements between individuals. | |
| 12) | Have the knowledge of international and comparative law systems. | |
| 13) | Have the knowledge of the construction and the conduct of the national and international commercial relations. | |
| 14) | Use Turkish in an efficient way both verbal and written. | |
| 15) | Have the professional and ethical responsibility. | |
| 16) | Have the knowledge on the European Union’s legislation and institutions. | |
| 17) | Have the knowledge on juridical regulations and applications related to economical and financial mechanisms. | |
| 18) | Have the knowledge of the operation of the national and the international judicial bodies. |