COURSE UNIT TITLE

: ECONOMICS OF PUBLIC CHOICE AND FINANCE

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECN 5045 ECONOMICS OF PUBLIC CHOICE AND FINANCE ELECTIVE 3 0 0 6

Offered By

Economics (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM RABIA KUŞTEPELI

Offered to

Economics (English)

Course Objective

The objective of the course is to provide an understanding of the basic issues relating to public revenue, expenditure and public decision making process.

Learning Outcomes of the Course Unit

1   Be able to understand basic microeconomic and game theory tools and be able to understand their applications in public economics settings.
2   Be aware of latest developments in public economics and tools for analysis so as to be able to understand theoretical and empirical applications and policy implications

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 A quick primer on consumer demand
2 Perfect competition and Pareto optimality
3 Forms of social welfare function
4 External effects and the market mechanism
5 The theory of pure public goods
6 Topics in the theory of public goods
7 Midterm
8 The effects of taxation on savings
9 Taxation and labor supply
10 The effects of taxes on investment behavior
11 Taxation and risk taking
12 The theory of tax incidence
13 tax incidence in dynamic models
14 General Overview

Recomended or Required Reading

1. Readings
2. Jha, Raghbendra,, Modern Public Economics, Routledge, Second Edition, 2010

Planned Learning Activities and Teaching Methods

1. Lectures
2. Class discussions

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will show understanding of welfare analysis; concepts of fairness, equity and efficiency; social welfare, voting behavior, political Institutions and economic policy, international aspects of public economics.
2. The learner will interpret policy design in terms of commodities, income taxation, public goods and externalities, policy outcomes.
3. The learner will discuss about the assigned reading material.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

yesim.kustepeli@deu.edu.tr

Office Hours

Friday 13:00-15:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 2 26
Preparation for midterm exam 1 20 20
Preparation for final exam 1 30 30
Preparing assignments 1 16 16
Preparing presentations 1 6 6
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 141

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.1544
LO.2235