| MATHEMATICS (TURKISH, PHD) | |||||
| PhD | TR-NQF-HE: Level 8 | QF-EHEA: Third Cycle | EQF-LLL: Level 8 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| ECO2244 | Public Finance | Fall | 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: | Departmental Elective |
| Course Level: | |
| 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 |