The aim of this course is to analyze public expenditures and revenues theoretically and to examine the consequences of fiscal policy in terms of economic stability and development. In this context, the course includes learning the basic concepts of fiscal theory and policy, and analyzing theory and practices.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Assist. Prof. Dr. Tuğba Özışık
Course Assistant(s)
Schedule
Tuesday 11:00 - 13:00 BK Z-03
Wednesday 11:00 - 13:00 BK L-01
Office Hour(s)
Wednesday, 10:00-11:00 BK-B 608
Teaching Methods and Techniques
Oral Presentation, Discussion
Principle Sources
Maliye Politikası, Prof. Dr. Mircan Tokatlıoğlu ve Doç. Dr. Ufuk Selen, Ekin Basım Yayın Dağıtım, 2019.
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
Fiscal Policy: Definition and Basic Concepts
Oral Presentation, Discussion
2. Week
Purposes and Tools of Fiscal Policy
Oral Presentation, Discussion
3. Week
Theoretical Approaches to Fiscal Policy: Classical Economic Theory, Keynesian Economic Theory, Monetarists, New Classics, Supply Side Economics, Public Choice Theory, Constitutional Economics and New Keynesian Economics
Oral Presentation, Discussion
4. Week
Public Expenditures and Revenues
Oral Presentation, Discussion
5. Week
Public Revenues and Tax Theory
Oral Presentation, Discussion
6. Week
Economic Stability and Fiscal Policy; Voluntary Policies and Automated Stabilizers
Oral Presentation, Discussion
7. Week
Fiscal Policy in Combating Inflation
Oral Presentation, Discussion
8. Week
Midterm Exam
Assessment
9. Week
Midterm Exam
Assessment
10. Week
Fiscal Policy Against Stagflation and Stagflation
Oral Presentation, Discussion
11. Week
Fiscal Policies in Turkey for Economic Stabilization
Oral Presentation, Discussion
12. Week
Budget Deficits and Public Debt
Oral Presentation, Discussion
13. Week
Fiscal Policies in Economic Growth and Development
Oral Presentation, Discussion
14. Week
The Role of Income Distribution and Fiscal Policy
Oral Presentation, Discussion
15. Week
Final Exam Week
Assessment
16. Week
Final Exam Week
Assessment
17. Week
Final Exam Week
Assessment
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
40
Final Exam
1
60
Program Outcomes
PO-1
To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice.
PO-2
To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained.
PO-3
To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules.
PO-4
To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions.
PO-5
To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies.
PO-6
To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems.
PO-7
To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives.
PO-8
To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications.
PO-9
To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues.
PO-10
To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field.
PO-11
To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.
Learning Outcomes
LO-1
Evaluate the main debates on the effectiveness of fiscal policies.
LO-2
Explain the aims, means and limits of fiscal policy.
LO-3
Analyze the effect of fiscal policy in achieving economic stability.
LO-4
Evaluate the impact of voluntary policies and automatic stabilizers on economic stability.
LO-5
Evaluate the use of fiscal policy in combating economic problems.
