COURSE UNIT TITLE

: PUBLIC DEBT

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ERA 3606 PUBLIC DEBT 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 debt(with theorical models) and explaining concepts related to public debti analysing how public debt is used, public debt management and efficiency in public debt, discussing economic and social consequences of public debt and then analysing public debt policy and problems and solutions to these problems in public debt in Turkish economy.

Learning Outcomes of the Course Unit

1   Analysing the differences between public debt and private debt.
2   Discussing the economic effects and consequences of public debt.
3   Explaining the economic and social consequences of domestic and foreign public debt.
4   Discussing the problems and solutions for these problems in public debt in both developed and developing Countries in view of changes in global Economy.
5   Discussing the problems and solutions for these problems in public debt in Turkish Economy in view of changes in global 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 Introduction Theoretical Background of Public Debt ( Concepts, Definition)
2 Theoretical Background of Public Debt (Differences and Similarities Between Public and Private Debt, Reasons of Public Debt,
3 Public Debt in Classical Economics, Keynesian Economics and Others).
4 Sources of Public Debt and Classification of Public Debt
5 Internal Debt: Theory and Turkish Experience
6 External Debt: Theory and Turkish Experience
7 Budget Deficits and Public Debt
8 Mid term exam
9 Mid term exam
10 Sustainability of Public Debt
11 Efficiency in Debt Management
12 Debt Management in Turkish Economy
13 Payment and Non-Payment of Public Debts and Debt Burden on Future Generations and Ricardian Equivalance Theorem
14 Economic Effects of Public Debts on National Economy

Recomended or Required Reading

J. Stiglitz, Economics of Public Sector
Neil Bruce, Public Finance

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 4 48
Preparation for midterm exam 1 14 14
Preparation for final exam 1 15 15
Final 1 1 1
Midterm 1 1 1
TOTAL WORKLOAD (hours) 115

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12
LO.1111
LO.211
LO.3111
LO.411111
LO.511111