| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 5 |
| NAME OF LECTURER(S) | . Servıs Servıs
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Understands the logic of governmental intervention in markets and the reasons for public production of some goods and services in a free market economy.
2) Should have come to understand why and how the government intervenes in markets and produces goods and services.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | The main objective of this course is to present an introduction into the public economics theory. The central theme of the course is government?s role in promoting economic efficiency and equality in the distribution of income and wealth. With special emphasis on the role of the government in complementing the markets in case of any market failure, among others the course also covers the history and normative theories of government intervention, public expenditure theory and the theories related with the political decision making processes in the government. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Basic Concepts, Relationships and Perspectives | | 2nd Week | The Position, Necessity and Scope of the Public Sector | | 3rd Week | Types of Government Economic Activities and Size of Public Sector | | 4th Week | Welfare Economics: Efficiency in Market Economy | | 5th Week | Welfare Economics: Market Failure and Governmental Intervention | | 6th Week | Welfare Economics: Equity and Efficiency | | 7th Week | Public Goods and Efficiency in Their Provision, Public Choice | | 8th Week | Midterm | | 9th Week | Public Production and the Bureaucracy | | 10th Week | Externalities and Environment | | 11th Week | Expenditure Policies and Their Analysis | | 12th Week | Expenditure Policies and Their Analysis | | 13th Week | Cost-Benefit Analysis | | 14th Week | Budget and Budgetary Systems |
|
| RECOMENDED OR REQUIRED READING | Joseph E. Stiglitz, Economics of The Public Sector, 3rd ed. New York: w.w. Norton, 2000.
Frederic Bastiat, Hukuk, Ankara: Liberte Yayınları, 1997.
|
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Quiz | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 1 | 1 | | Preparation for Quiz | 1 | 9 | 9 | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 30 | 30 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 25 | 25 | | Laboratory (including preparation) | 0 | 0 | 0 | | Final exam | 1 | 1 | 1 | | Homework | 0 | 0 | 0 | | Total Workload | | | 150 |
|---|
| Total Workload / 30 | | | 5 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | English |
| WORK PLACEMENT(S) | No |
| | |
