ECTS - Fiscal Policy
Fiscal Policy (MLY401) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Fiscal Policy | MLY401 | Area Elective | 3 | 0 | 0 | 3 | 7 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Elective Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer, Problem Solving, Brain Storming. |
| Course Lecturer(s) |
|
| Course Objectives | The aim is to enable students to comprehend the instruments and strategies of fiscal policy—both theoretically and practically—in the face of macroeconomic fluctuations (inflation, deflation, recession, and stagflation); to analyze the effects of public expenditure, taxation, and borrowing policies on economic growth, employment, and income distribution; and to evaluate fiscal practices in the Turkish economy from a critical perspective. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Definition and scope of fiscal policy; the role of fiscal policy in achieving economic stability; methods for the implementation of fiscal policy; discussions on the effectiveness of fiscal policy; the fiscal policy of struggling with inflation; inflation and government debt; the fiscal policy in stagnation; the fiscal policy of fighting against |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | "Government intervention, market failures, and public goods in a market economy," | |
| 2 | The link between economic policy and fiscal policy: Objectives, instruments, and the multiplier mechanism", | |
| 3 | Fine-tuning mechanisms and automatic stabilizers, | |
| 4 | Discretionary fiscal policies I: Expansionary policies during periods of stagnation/recession, | |
| 5 | Discretionary fiscal policies II: Contractionary policies in combating inflation | |
| 6 | Interaction of monetary and fiscal policies: IS-LM analysis and policy mix, | |
| 7 | "Structural adjustment programs, fiscal discipline, fiscal rules, and budget reforms" | |
| 8 | MIDTERM EXAM (Announcement regarding the date and time will be made later) | |
| 9 | Fiscal policy and income distribution I: The dimension of taxes and transfer expenditures | |
| 10 | Fiscal policy and income distribution II: Regional disparities and the fight against poverty | |
| 11 | Development and fiscal policy I: Capital accumulation and the direction of savings, | |
| 12 | Development and fiscal policy II: Public infrastructure investments and human capital. | |
| 13 | Budget deficits, Treasury domestic and external borrowing, and the relationship with the Central Bank (monetization) | |
| 14 | The historical development of fiscal policy in Turkey and fiscal management during crisis periods. | |
| 15 | Fiscal policy scenarios and general assessment in the face of current global shocks. |
Sources
| Course Book | 1. Pınar, Abuzer (2017), Maliye Politikası. Teori ve Uygulama, 9 baskı, Turhan Kitabevi, Ankara. |
|---|---|
| 2. Türk, İsmail (2013), Maliye Politikası,, 25. Baskı, Turhan Kitabevi, Ankara. | |
| 3. Hakan Hotunluoğlu - Maliye Politikası - Ekin Kitabevi Mayıs 2025 |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 10 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | - | - |
| Homework Assignments | - | - |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 2 | 25 |
| Final Exam/Final Jury | 1 | 40 |
| Toplam | 4 | 75 |
| Percentage of Semester Work | |
|---|---|
| Percentage of Final Work | 100 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| Supportive Courses | |
| Media and Managment Skills Courses | |
| Transferable Skill Courses |
The Relation Between Course Learning Competencies and Program Qualifications
| # | Program Qualifications / Competencies | Level of Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | They acquire the skills to understand, explain, and use the basic concepts and methods of economics. | |||||
| 2 | Acquires macro-economic analysis skills. | |||||
| 3 | Acquire microeconomic analysis skills. | |||||
| 4 | Understands the formulation and implementation of economic policies at local, national, regional and/or global levels. | X | ||||
| 5 | Learn different approaches to the economy and economic issues. | X | ||||
| 6 | Learn qualitative and quantitative research techniques in economic analysis. | |||||
| 7 | Improving the ability to use modern software, hardware and/or other technological tools. | |||||
| 8 | Develops intra-disciplinary and inter-disciplinary team work skills. | X | ||||
| 9 | Contributes to open-mindedness by encouraging critical analysis, discussion, and/or lifelong learning. | |||||
| 10 | Develops a sense of work ethics and social responsibility. | |||||
| 11 | Develops communication skills. | |||||
| 12 | Improving the ability to effectively apply knowledge and skills in at least one of the following areas: Economic policy, public policy, international economic relations, industrial relations, monetary and financial relations | X | ||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | 1 | 21 | 21 |
| Field Work | |||
| Study Hours Out of Class | 16 | 2 | 32 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | 8 | 3 | 24 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 2 | 10 | 20 |
| Prepration of Final Exams/Final Jury | 1 | 30 | 30 |
| Total Workload | 175 | ||