Public Economics (MLY322) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Public Economics MLY322 3 0 0 3 5
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, Experiment.
Course Coordinator
Course Lecturer(s)
  • Prof. Dr. Sinan Sönmez
Course Assistants
Course Objectives This course aims to provide theoretical background to analyze the place and functions of modern state in a developed or developing capitalist economy.
Course Learning Outcomes The students who succeeded in this course;
  • Student will be able to evaluate the state as a social institution, with its historical, economic, political and juridical dimensions.
  • Student will be able to use microeconomic and macroeconomic theories and concepts to explain the activities of state and relationships between the individual and the state.
  • Student will be able to make the economic analysis of politics.
  • Student will be able to analyze market and public sector comparatively.
  • Student will be able to evaluate the importance of the social problems related to education, health and environment in an economy.
  • Student will be able to understand more easily the news related to public expenditures and taxes in daily newspapers and media.
Course Content Public sector and public economics; structure, composition and scope of public sector; fundamentals of welfare economics; market failure and government intervention; public goods and theory of social goods; externalities; natural monopolies, regulation and privatization; public choice; income distribution and redistribution; social cost-benefit

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction to Public Sector Economics: History, Scope and Paradigms T.Yay ve G.G. Yay(2007): Bölüm17, 23 / Rosen (1999): Bl.1-2
2 Economic Rationales for the State: the Theory of Market Failures Bulutoğlu (2004): Bl. 1-2 / Rosen (1999): Bl.3-4
3 Theory of Public Goods Bulutoğlu(2004): Chps.1-2 / Rosen (1999): Chps. 5
4 Externalities and Asymmetric Information - Partial and General Equilibrium Models of Public Goods Bulutoğlu (2004) Bölüm 2 / Rosen (1999): Chps. 6
5 Collective Decision-Making Theory I: Social Choice Theory(Normative Analysis Bulutoğlu (2004): Bl.4 / Akalın (2000): Bl.4 / Rosen (1999):Bl.7
6 Collective Decision-Making II: Public Choice (Positive Analysis) Bulutoğlu (2004): Chp.4 /Akalın (2000): Chp.4 / Yay and Yay (2007):Chp.19 / Rosen (1999): Chp.7
7 First Midterm Exam
8
9 The Structure and Development of the Government Expenditures - Public Sector and Income Distribution Bulutoğlu (2004) / Akalın (2000): Bl.6 / Rosen (1999):Bl.7
10 Cost Benefit Analysis Bulutoğlu (2004) / Rosen (1999): Bl.12
11 The Structure of Government Revenues and Taxes Bulutoğlu (2004) Rosen (1999):Bl.13-14
12 The Theory of Tax Incidence Bulutoğlu (2004) Bulutoğlu (2004):Bl.15-18
13 Fiscal Policy I : Government Expenditures, Taxes, Growth and Inflation
14
15
16

Sources

Course Book 1. Jonathan Gruber (2011): Public Finance and Public Policy, Worth Publishers.

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 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 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 2 20 40
Prepration of Final Exams/Final Jury 1 37 37
Total Workload 125