| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | MLY403B | Public Economics I | Compulsory | 4 | 7 | 5 |
|
| Level of Course Unit |
| First Cycle |
| Objectives of the Course |
| Determination of the relevant topics of public economy. Pointing the position and the importance of public economy in market economy. Expaining the basic functions of public economy. |
| Name of Lecturer(s) |
| Öğr. Gör. Şenol Kılıçaslan |
| Learning Outcomes |
| 1 | Learning the notion of public economy. | | 2 | Explaining the functions of public economy. | | 3 | Explaining the share and importance of the state in public economy. | | 4 | Understanding the notion of production of goods and services in economy by the state. | | 5 | Understanding why the cost-benefit analysis of projects and the choosability conditions is necessary in public sector | | 6 | Explaining the optimal size of public sector. | | 7 | Explaining the economical analysis of political decision making mechanism. |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| The birth, evolution and the limits of public economy, public and quasi public production of goods, the need of the production of special goods by the state, the ways to protect the market economy, the cost-benefit analysis and the political decision making systems in public economy are going to be discussed. |
| Weekly Detailed Course Contents |
|
| 1 | General information about the course; historical development of public economy and its subject
| | | | 2 | Functions of the public economy
| | | | 3 | State's share in the economy | | | | 4 | Public goods theory | | | | 5 | The reasons why the state produces private goods | | | | 6 | State's involvement in the market economy | | | | 7 | Benefit - cost analysis in the public economy I | | | | 8 | Midterm | | | | 9 | Benefit - cost analysis in the public economy II | | | | 10 | Optimal size of the public sector
| | | | 11 | Political decision making mechanism | | | | 12 | Voting methods used in political decision making
| | | | 13 | Factors that reduce effectiveness in political decision making | | | | 14 | Review | | | | 15 | Review | | |
|
| Recommended or Required Reading |
| Orhan Sener, In theory and practice of Public Economics, in Turkish, Beta, İstanbul, 2010.
Huyla Kirmanoglu, Analysis of Public Economics, in Turkish, Beta, İstanbul, 2007. |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
|
| Workload Calculation |
|
| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 2 | 2 |
| Attending Lectures | 14 | 4 | 56 |
| Individual Study for Mid term Examination | 1 | 24 | 24 |
| Individual Study for Final Examination | 1 | 25 | 25 |
| Homework | 14 | 3 | 42 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 5 | 3 | 4 | 2 | 4 | 1 | 1 | 4 | 3 | 1 | 4 | | LO2 | 4 | 4 | 4 | 2 | 3 | 1 | 4 | 5 | 2 | 1 | 4 | | LO3 | 4 | 4 | 4 | 2 | 5 | 1 | 3 | 4 | 3 | 1 | 5 | | LO4 | 4 | 4 | 4 | 3 | 5 | 1 | 2 | 4 | 1 | 1 | 4 | | LO5 | 3 | 4 | 3 | 4 | 4 | 1 | 3 | 5 | 1 | 1 | 4 | | LO6 | 3 | 4 | 4 | 2 | 4 | 1 | 2 | 4 | 1 | 1 | 5 | | LO7 | 2 | 4 | 2 | 2 | 4 | 1 | 2 | 4 | 1 | 1 | 5 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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