| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | İŞ111 | Fiscal Policy | Elective | 1 | 1 | 6 |
|
| Level of Course Unit |
| Second Cycle |
| Objectives of the Course |
| Objective of the course is to learn and discuss subject of fiscal policy in theoretical and practical. |
| Name of Lecturer(s) |
| Doç. Dr. Mehmet BULUT |
| Learning Outcomes |
| 1 | define the main concepts of fiscal policy | | 2 | explain the difference between expansionary and contractionary fiscal policy | | 3 | foresee the various effects of the fiscal policy in economical and social aspect | | 4 | evaluate the effects of long-term budget deficits |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| Goals, tools and subject of fiscal policy, methods of fiscal policy application, inflation and fiscal policy, recession and fiscal policy, stagflation and fiscal policy, budged deficits discussion and case of Turkey, the effect of fiscal policy on income distribution, economic stability issue and fiscal policy in Turkey. |
| Weekly Detailed Course Contents |
|
| 1 | Fiscal Policy and Its Relationship with the Economy Policy
| | | | 2 | Fiscal Policy Objectives and Tools Purpose of Economy Policy and Fiscal Policy
| | | | 3 | Economic Theory and Fiscal Policy-I The Keynesian and Classical Explanations of Fiscal Policy Monetarist Thought and Fiscal Policy
| | | | 4 | Economic Thought and Fiscal Policy New Classical Economy and Fiscal Policy New Keynessian Economy and Fiscal Policy Public Choice Theory and Fiscal Policy
| | | | 5 | National Income and Fiscal Policy Fiscal Policy Multipliers Balanced Budget Multiplier
| | | | 6 | Effectiveness of Fiscal Policy and Fiscal Policy in Realization of the Economic Stabilization The IS and LM Curve Shift the IS and LM Curve (Fiscal and Monetary Expansion)
| | | | 7 | Fiscal Policy Applications Methods Discretionary Fiscal Policy (Fiscal Expansion) Limitations of Fiscal Policy Automatic Stabilizers
| | | | 8 | Mid-term exam
| | | | 9 | Inflation and Fiscal Policy: Cost of Inflation
| | | | 10 | Depression and Fiscal Policy: Crowding-out and Crowding-in with Fiscal Policy
| | | | 11 | Stagflation and Fiscal Policy: Inflation and Unemployment
| | | | 12 | Budget Deficits and Fiscal Policy The Government Budget Constraint and Public Finance Fiscal Sustainability and Fiscal Solvency Fiscal Deficits in Turkey and Turkey's Fiscal Positions
| | | | 13 | Fiscal Discipline and Fiscal Policy
| | | | 14 | Fiscal Policy and Income Distribution Distributional Justice and Fiscal Policy Public Intervention and Income Redistribution
| | | | 15 | Fiscal Policy and Economic Development Fiscal policy and Growth Public Finance and Economic Development in Turkey | | | | 16 | End-of-term exam | | |
|
| Recommended or Required Reading |
| Ulusoy, A. 2007; Maliye Politikası, Üçyol Kitapevi, Trabzon
Pınar, A., 2009; Maliye Politikası, Naturel Yayınevi, Ankara
Ataç, B. Önder, İ. Turhan, S. 2004; Maliye Politikası, Anadolu Üniversitesi Yayınları, Eskişehir |
| 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 | 1 | 1 |
| Attending Lectures | 14 | 4 | 56 |
| Self Study | 14 | 4 | 56 |
| Individual Study for Mid term Examination | 1 | 25 | 25 |
| Individual Study for Final Examination | 1 | 30 | 30 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 3 | 3 | 3 | 3 | 2 | 3 | | LO2 | 2 | 3 | 3 | 3 | 2 | 2 | | LO3 | 2 | 2 | 2 | 3 | 3 | 3 | | LO4 | 3 | 3 | 3 | 2 | 2 | 2 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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