Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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UTI313 | PUBLIC ECONOMICS | 5 | 3 | 3 | 5 |
GENERAL INFORMATION |
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Language of Instruction : | Turkish |
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 | Assoc.Prof. BÜLENT İLHAN |
Instructor(s) of the Course Unit | |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to introduce content and definition of revenue and expenditure items, budgetary surplus and budget deficit concepts and practices in fiscal policy. |
Contents of the Course Unit: | Contents of the course include a general view on public economy, historical and analytic process of public economy discipline, structure, combination and size of public sector, public expenditures, public revenues, operation model of market economy, efficiency and justice concepts in economy, efficiency in resource allocation, measuring social benefit and costs, market distortions and role of the state, interference to the market economy by the state, externalities, public goods theories, public goods pricing theories, natural monopolies, regulation and privatization, income distribution in economy and redistribution of income-wealth policies, macroeconomic stability, cost-benefit analysis, public choice theories and justice and efficiency in taxation. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Explain the role of the state in the market economy from perspectives of several economy colleges |
List revenue and expenditure items of the state in accordance with their materiality level. |
Compare direct and indirect tax practices over several states’ economies. |
Examine budget surplus and budget deficit calculations over submitted statistical examples |
Analyse public policies of developed and developing countries, realized in accordance with basic economic indicators |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Reading | A General View on Public Economy | Lecture & Question and Answer & Discussion |
2 | Reading | Historical and Analytic Process of Public Economy Discipline | Lecture & Question and Answer & Discussion |
3 | Reading | Structure, Combination and Size of Public Sector, Public Expenditures; Public Revenues | Lecture & Question and Answer & Discussion |
4 | Reading | Operation Model of Market Economy, Efficiency and Justice Concepts in Economy, Efficiency in Resource Allocation | Lecture & Question and Answer & Discussion |
5 | Reading | Measuring Social Benefit and Costs | Lecture & Question and Answer & Discussion |
6 | Reading | Market Distortions and Role of The State, Interference to The Market Economy by The State | Lecture & Question and Answer & Discussion |
7 | Reading | Externalities | Lecture & Question and Answer & Discussion |
8 | - | MID-TERM EXAM | - |
9 | Reading | Public Goods Theories, Public Goods Pricing Theories, | Lecture & Question and Answer & Discussion |
10 | Reading | Natural Monopolies, Regulation and Privatization | Lecture & Question and Answer & Discussion |
11 | Reading | Income Distribution in Economy and Redistribution of Income-Wealth Policies, Macroeconomic Stability | Lecture & Question and Answer & Discussion |
12 | Reading | Cost-Benefit Analysis | Lecture & Question and Answer & Discussion |
13 | Reading | Public Choice Theories | Lecture & Question and Answer & Discussion |
14 | Reading | Justice and Efficiency in Taxation | Lecture & Question and Answer & Discussion |
15 | Reading | General Revision | Lecture & Question and Answer & Discussion |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Sener, O. (2016). Kamu Ekonomisi. 13th Edition, Istanbul: Beta Publications. |
Egilmez, M. (2016). Kamu Maliyesi. 2nd Editon, Istanbul: Remzi Bookstore. |
Kirmanoglu, H. (2014). Kamu Ekonomisi Analizi. 5th Edition, Istanbul: Beta Publications. |
Unsal, E. (2012). Mikro Iktisat. 9th Edition, Ankara: Imaj Publications. |
Kaplow, L. (2010). The Theory of Taxation and Public Economics. New Jersey, United States: Princeton University Press. |
Kargı, V. Ve Yüksel, C. (2010). Çevresel Dışsallıklarda Kamu Ekonomisi Çözümleri. Maliye Dergisi, s. 159. |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
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2 |
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
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KNOWLEDGE |
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Factual |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
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2 |
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
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SKILLS |
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Cognitive |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Interpret the charts and tables related to the field. (Bloom 2)
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SKILLS |
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Practical |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
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2 |
Analyze economic and financial reports. ((bloom 4)
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3 |
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
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4 |
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
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OCCUPATIONAL |
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Autonomy & Responsibility |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).
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OCCUPATIONAL |
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Learning to Learn |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)
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OCCUPATIONAL |
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Communication & Social |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)
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OCCUPATIONAL |
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Occupational and/or Vocational |
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Programme Learning Outcomes | Level of Contribution | ||||||
0 | 1 | 2 | 3 | 4 | 5 | ||
1 |
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
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2 |
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
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3 |
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
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4 |
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
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WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 | 7 | 5 | 35 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 5 | 4 | 20 |
Short Exam | 0 | 0 | 0 |
Preparation for the Short Exam | 0 | 0 | 0 |
TOTAL | 41 | 0 | 125 |
Total Workload of the Course Unit | 125 | ||
Workload (h) / 25.5 | 4,9 | ||
ECTS Credits allocated for the Course Unit | 5,0 |