Public Economics (MLY322) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Public Economics MLY322 Area Elective 3 0 0 3 5
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, 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 Learns the fundamental concepts, theories, and methods of political science and public administration; and uses this knowledge to analyze the causes and consequences of political developments at the national and global levels.
2 Understands how policies are formulated and implemented in real life at the local, national, regional, and/or global levels; identifies the key institutions and actors involved in these processes and comprehends the functioning of public administration.
3 Gains foundational knowledge on fields related to political science and public administration—such as international relations, sociology, psychology, cultural studies, economics, law, and history—and thereby develops an interdisciplinary understanding that considers and connects the relationships among different domains of social life.
4 Learns quantitative and qualitative research techniques applicable to the field of political science and public administration, as well as the use of relevant software, hardware, and/or technical tools; gains experience in designing and conducting research/projects aimed at developing practical skills in the field.
5 Develops the ability to act with open-mindedness, refrain from discrimination, and be sensitive and respectful to different perspectives through the promotion of critical and analytical thinking, intellectual debate, and lifelong learning; thus, enhances skills for collective action.
6 Develops decision-making and initiative taking, work completion and time management competencies by understanding business ethics in public administration, politics and all related fields.
7 Develops communication skills, oral and written expression, presentation techniques; learns the writing principles and procedures required to write an academic article on political science and public administration disciplines.
8 Gains command of English terminology in political science and public administration, and acquires the language proficiency necessary to engage with English-language scholarship; enabling comparative analysis of current political issues in various countries.
9 Possesses knowledge of both Turkish and world political history, including key periods, turning points, and major actors; thereby understands the influence of countries' socio-historical backgrounds on contemporary 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