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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS ERA 3605 PUBLIC SECTOR ECONOMICS: CONCEPTS AND POLICIES ELECTIVE 3 0 0 5

Offered By

Public Finance

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR HAYAL AYÇA ŞIMŞEK

Offered to

Public Finance Public Finance

Course Objective

Analysing the theorical background of public economics (with theorical models) and explaining how the determinants of public economics are used, discussing decision making mechanisims and the effects of these mechanisms on economy, later analysing public economics in Turkish economy and discussing the problems and solutions for these problems in public economics of Turkish economy.

Learning Outcomes of the Course Unit

1   Analysing externalities in public economics. 2   Analysing production of public goods. 3   Analysing welfare economics. 4   Explaining decision making mechanisms in public economics. 5   Discussing the effects of public economic policies on economy and social structure 6   Discussing the problems and solutions for these problems in public economics both in developing and developed countries in view of global economy. 7   Discussing the problems and solutions for these problems in public economics in Turkish economy.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

HAZIRLIK - FOREIGN LANGUAGE PREPARATION CLASS

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Economic teories 2 Market Failure and The Rationality of Public Economics 3 The Theory of Public Goods 4 Externalities, Scale Economies 5 Government Intervention 6 Decision Making and Voting Mechanisms 7 Public Economics 8 Mid term exam 9 Midterm exam 10 Efficiency in Public Economics 11 Fiscal Rule and Public Economics: Theory and Practice 12 Public Economics in Turkish Economy 13 Welfare Economics I: Social welfare concept 14 Welfare Economics II: Income distribution and efficiency, Pareto efficiency

Recomended or Required Reading

J. Stiglitz, Economics of Public Sector.

Planned Learning Activities and Teaching Methods

Lectures

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 MTEG MIDTERM GRADE MTEG * 1 3 FIN FINAL EXAM 4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60 5 RST RESIT 6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60

Further Notes About Assessment Methods

Presentation, discussing several academic articles and reports and other academic paper relating the lecture

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

e-mail: ayca.simsek@deu.edu.tr. Office room number is 507.

Office Hours

Tuesday, time:16:00-17:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 12 3 36 Preparations before/after weekly lectures 12 3 36 Preparation for midterm exam 1 7 7 Preparation for final exam 1 9 9 Final 1 1 1 Midterm 1 1 1 TOTAL WORKLOAD (hours) 90

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 LO.1 1 1 LO.2 1 1 LO.3 1 1 LO.4 1 1 LO.5 1 1 1 LO.6 1 1 1 LO.7 1 1 1