ECTS - Public Finance and Fiscal Policy

Public Finance and Fiscal Policy (IKT324) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Public Finance and Fiscal Policy IKT324 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Instructor Dr. Staff
Course Assistants
Course Objectives 1-To explain the main themes in public finance which implies mainly the study of the budgetary sector of public policy. 2-To explain the major functions of public activities, budgeting, public/social goods and their efficient provision (models), international aspects of public good provision, public decision taking procedures (government behaviour), public expenditure, public revenue and taxation, economics of the public debt, and impact of the neo-liberal globalization on public sector activities, and public finance
Course Learning Outcomes The students who succeeded in this course;
  • To understand the basic themes in public finance.
  • To use the required analytical tools to evaluate and comment the public finance and the economy as a whole.
  • To establish the linkage between political decision taking and public finance.
  • To continue to further studies in this field
Course Content Fiscal functions and institutions; types of budgetary activity; public provision for social goods; public choice and fiscal politics; public expenditures; case studies in expenditure policies; principles of taxation; tax structure; fiscal federalism; fiscal policy and stabilization; economics of the public debt.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 The Public Sector in the Economy Stiglitz, pp. 3-25
2 Market Efficiency and Market Failure Stiglitz, pp. 56-92
3 Efficiency and Equity Stiglitz, pp. 93-124
4 Public Goods and Publicly Provided Private Goods Stiglitz, pp.127-155
5 Social Goods Considered Further: Efficient Provision of Social Goods Musgrave and Musgrave, pp. 59-72
6 Externalities and Environment Stiglitz, pp. 214-234
7 Mid-term Exam
8 Public Choice Stiglitz, pp.156-185
9 Public Production and Bureaucracy Stiglitz, pp.189-213
10 Introduction to Taxation Stiglitz, pp. 451-481
11 Tax Incidence Stiglitz, pp. 482-510
12 Taxation and Economic Efficiency Stiglitz, pp. 518-549
13 Deficit Finance and Sustainability of Public Finance Stiglitz, pp.772-793
14 Turkish Budgeting System Documents on Turkish budgeting system
15 General Review
16 Final Exam

Sources

Course Book 1. Stiglitz, Joseph E. (2000), Economics of the Public Sector, Third Edition,New York: W.W. Norton & Company, Inc.
Other Sources 2. Rosen, Harvey S. (2005),Public Finance, Seventh Edition, New York: McGraw-Hill/Irwin
3. Musgrave, R. A. and Musgrave P.B (1989), Public Finance in Theory and Practice, McGraw_Hill, 5th edition, New York.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics 1 5
Homework Assignments 1 5
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 4 100
Percentage of Semester Work 50
Percentage of Final Work 50
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 Learning the basic concepts, theories and methods of political science and Public Administration and their use in the analysis of national and global political developments, cause-and-effect relations.
2 Understanding how policies are created and implemented in real life at local, national, regional and/or global levels, recognizing important institutions and actors playing a role in these processes, knowing the functioning of Public Administration.
3 Gaining a basic level of knowledge about other fields related to political science and public administration disciplines (such as International Relations, Sociology, Psychology, cultural studies, economics, law, history) and thus having an interdisciplinary understanding that takes into account the relations between different areas of life and establishes connections.
4 Learning the use of quantitative and/or qualitative research techniques that can be used in the field of political science and public administration, software, hardware and/or technical tools that can be useful; gaining experience in designing and executing research projects to develop their application skills in this field.
5 Developing the ability to be open-minded, avoid discrimination, and be sensitive and respectful to different points of view through the promotion of critical analytical thinking, intellectual discussion, and lifelong learning, thereby developing the skills to act jointly.
6 Development of decision-making and initiative, job completion and time management competencies by understanding business ethics in public administration, politics and all related areas.
7 Development of communication skills, oral and written expression, presentation techniques; learning the principles and procedures that are required to write an academic article on the disciplines of political science and public administration.
8 Mastering English terminology in the disciplines of political science and Public Administration and acquiring a level of foreign language knowledge that can help to follow studies written in English, so that current political events and cases in various countries can be analyzed comparatively.
9 Knowing both the Turkish and world political history in terms of periods, important milestones and actors, understanding the impact of the social-historical backgrounds of countries on current political and administrative issues.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 5 80
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 5 70
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 5 5
Prepration of Final Exams/Final Jury 1 5 5
Total Workload 160