COURSE UNIT TITLE

: PUBLIC CHOICE

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ERA 4606 PUBLIC CHOICE ELECTIVE 3 0 0 4

Offered By

Public Finance

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR ASUMAN ALTAY

Offered to

Public Finance
Public Finance

Course Objective

The course provides an overview of positive and normative public choice theory, highlighting work in the economic theory of constitutions, voting rules, bureaucracy, democracy, collective action, dictatorship, the theory of clubs, expressive voting, political business cycles, lobbying, legislative structures, political competition, as well as criticisms of public choice theory.

Learning Outcomes of the Course Unit

1   Explaining short run and long run impact of legislative decision making.
2   Evaluating short run and long run impact of legislative decision making.
3   Explaining how voters behave under different voting systems.
4   Evaluating the role and efficacy of various rule structures in society.
5   Discussing the relative merits and demerits of rules.

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 Elected Governments
2 The Median Voter and Public Policy
3 Democractic Cycles and Public Policy
4 Elections, Interest Groups, and Public Policy
5 How Efficient is Democracy
6 Classic Interest Group Models: Collective Action, Capture, and Rent Seeking
7 The Logic of Rent Seeking and Rent-Seeking Losses
8 Mid-term exam
9 Mid-term exam
10 Regulation: Public Interests vs Rent-Seekers: Analysis and Evidence
11 International Political Economy: Nations as Interest Groups
12 Political Institutions,
13 Public Policy, and Economic Development
14 Constitutional Reform and Evolution: Gains to Trade in Divided Governments

Recomended or Required Reading

Muller, Dennis, Mueller, D. C. (2003) Public Choice III. Cambridge: Cambridge University Press.
Persson, T. and Tabellini, G. E. (2000) Political Economics: Explaining Economic Policy. Cambridge Mass: MIT Press.
Congleton, R.D. and B. Swedenborg (2006) Democratic Constitutional Design and Public Policy. Cambridge Mass: MIT Press.
Caplan, Brayn, The Myth of the Rational Voter: Why Democracies Choose Bad Policies

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

Course is discussed theoretically by expression and presentation and subjects are supported by discussions and evaluations

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

asuman.altay@deu.edu.tr. Office room number is 505.

Office Hours

14:30 PM to 16:30 PM on most Mondays and Tuesday

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 6 6
Preparation for final exam 1 7 7
Final 1 1 1
Midterm 1 1 1
TOTAL WORKLOAD (hours) 87

Contribution of Learning Outcomes to Programme Outcomes

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