Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
ECF355 |
FISCAL POLICY |
5 |
3 |
3 |
5 |
GENERAL INFORMATION |
Language of Instruction : |
English |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Elective |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assist.Prof. GÜLŞEN FİLAZOĞLU ÇOKLUK |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to provide the student with the competence to analyze the effects of fiscal policy instruments and public intervention on the economy. |
Contents of the Course Unit: |
Contents of the course include the subjects such as objectives of Fiscal Policy, what financial instruments are used to achieve these objectives, conflicts between these objectives, efficiency problems of fiscal policy, how to implement fiscal policy effectively in combating instability and ensuring growth. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
Explain the objectives, instruments and functions of fiscal policy.(2) |
Explain the advantages and disadvantages of fiscal policies.(2) |
Analyze the effectiveness of fiscal policy.(4) |
Interpret the fiscal policy in the fight against economic problems.(4) |
Explain the place and importance of fiscal policy in ensuring economic stability.(2) |
Evaluate the effects of fiscal policy from an economic and social perspective.(5) |
Solve the environmental problems. (3) |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
Reading |
Rise and Development of Fiscal Policy |
Lecture & Question Answer |
2 |
Reading |
Objectives and Instruments of Fiscal Policy |
Lecture & Question Answer |
3 |
Reading |
Economic Ideas towards Fiscal Policy |
Lecture & Question Answer & Analysis |
4 |
Reading |
Methods in application of Fiscal Policy |
Lecture & Question Answer & Analysis |
5 |
Reading |
Limits of Fiscal Policy |
Lecture & Question Answer & Analysis |
6 |
Reading |
Relative activity of Money and Fiscal Policies |
Lecture & Question Answer & Analysis |
7 |
Reading |
Economic conjuncture and Fiscal Policy |
Lecture & Question Answer & Analysis |
8 |
- |
MID-TERM EXAM |
- |
9 |
Reading |
Fiscal Policy in the fight against Inflation |
Lecture & Question Answer & Analysis |
10 |
Reading |
Fiscal Policy in the fight against Recession |
Lecture & Question Answer & Analysis |
11 |
Reading |
Fiscal Policy in the fight against Stagflation |
Lecture & Question Answer & Analysis |
12 |
Reading |
Budget deficit and Fiscal Policy |
Lecture & Question Answer & Analysis |
13 |
Reading |
Economic progress and Fiscal Policy |
Lecture & Question Answer & Analysis |
14 |
Reading |
Distribution of income and Fiscal Policy |
Lecture & Question Answer & Analysis |
15 |
Reading |
Social state and Fiscal Policy |
Lecture & Question Answer & Analysis |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Kopcke, R.W., Geoffrey M.B. Tootell and Robert K. Triest,(2018). The Macroeconomics of Fiscal Policy. The MIT Press |
by Alan J. Auerbach and Laurence J. Kotlikoff Dynamic Fiscal Policy |
by Jonathan Gruber (1987) Public Finance and Public Policy |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Use information sources, including the most effective methods and current information related to psychology and auxiliary disciplines at a high level. (Bloom 3)
|
|
|
|
|
|
|
2 |
Identify problems in psychology and produce solutions. (Blooms 3)
|
|
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|
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|
|
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Distinguish normal and abnormal behaviors. (Blooms 2)
|
|
|
|
|
|
|
2 |
Interpret and report psychology research. (Bloom 3)
|
|
|
|
|
|
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Establish connections between psychology and other social sciences. (Bloom 4)
|
|
|
|
|
|
|
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Apply psychological tests. (Bloom 3).
|
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|
|
|
|
|
2 |
Gain knowledge and skills about contemporary psychology theories and integrate this knowledge and skills to help individuals. (Bloom 6)
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|
|
|
|
|
3 |
Conduct various experiments in the field of psychology. (Bloom 6)
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|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Collaborate with the necessary institutions and individuals in the field studies. (6)
|
|
|
|
|
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Integrate developments in psychology with existing knowledge. (Blooms 6)
|
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|
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|
|
2 |
Scientifically analyze human behavior. (Bloom 4)
|
|
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|
|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Express his/her knowledge and thoughts about the field in a fluent and understandable manner both written and verbally. (Bloom 2)
|
|
|
|
|
|
|
2 |
Recognize the individual, national and universal influences of problems in the field of psychology
|
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|
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|
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OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Integrate the knowledge of computer software, hardware and statistics required by the field of psychology. (blooms 6)
|
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|
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|
|
2 |
Survey the developments in information and communication technologies. (Bloom 4)
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|
3 |
Support social projects related to psychology. (Blooms 5)
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WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
13 |
2 |
26 |
Land Surveying |
0 |
0 |
0 |
Group Work |
0 |
0 |
0 |
Laboratory |
0 |
0 |
0 |
Reading |
0 |
0 |
0 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
4 |
10 |
40 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
2 |
9 |
18 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
35 |
0 |
128 |
|
Total Workload of the Course Unit |
128 |
|
|
Workload (h) / 25.5 |
5 |
|
|
ECTS Credits allocated for the Course Unit |
5,0 |
|