Course Name : Public Finance

Degree: Bachelor

Code

Year/Semester

Local Credits

ECTS Credits

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

EF 323

3/2 (spring)

3

5

3

0

0

Department

Economics and Finance

Instructors

Assist. Prof. Dr. Mehmet Güney Celbiş

Contact Information

e-mail: mgcelbis@pirireis.edu.tr

Office Hours

Tuesday 10:00-12:00

Web page

http://www.pirireis.edu.tr/pruonline/www/index.php

Course Type

 Compulsory

Course Language

English

Course Prerequisites

  EF 221

Course Category by Content, %

Core Discipline

Core conomics and Finance

Economic Analysis

Humanities and Social Sciences

20

30

20

30

Course Description

The aim of this course is to introduce the students to the principles for analyzing the public sector, and provide understanding on the economic role of the state. While the textbook used is based on the American economy, students are also given tasks to present the corresponding policies and working in the Turkish system. Students are expected to prepare a mid-term presentation elaborating on how the topics learned in class correspond to the public policies in Turkey, through extensive use of graphs and tables.

Course Objectives

The course subject mainly covers public revenues and expenditures, budgets, fiscal policy and public debt. In this framework analytical approach required to examine the development of public finance and its many aspects at the international level will be presented.

Course Learning Outcomes

Students who successfully pass  EF 323:

1. Will have internalized fundamental concepts in public finance.
2. Will be able to select the appropriate policy approach depending on the policy challenge.
3. Will be able to conduct analyses and identify areas that require policy intervention.
4. Will be able to relate findings with scientific research.
5. Will be able to share findings and recommendations  related to the her/his field with expert and non-expert audiences based on data.
6. Will act according to social, scientific, cultural, and ethical values while in the stages of data collection related to the field, their analysis, interpretation, and the announcement of results related to public policy.
7. Will be able to interpret empirical results obtained in the area of public policy.

Instructional Methods and Techniques

The presentation of theory and case specific discussions.

Tutorial Place

-

Co-term Condition

-

Textbook

Public Sector Economics: The Role of Government in the American Economy. Randall Holcombe. 2006 Pearson ISBN-13: 9780131450424.

Other References

Course notes are shared with students through the web links provided in the course syllabus.

Homework & Projects

Students prepare a presentation identifying and describing the public finance policies regarding a special case related to the Turkish economy.

Laboratory Work

Computer Use

Other Activities

a quiz and midterm will take place.

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

Midterm

1

Quiz

1

10

Homework

Term Paper/Project

Laboratory Work

Practices

Tutorial

Seminar

Presentation

40

Field Study

Final Exam

1

50

TOTAL

100

Effects of Midterm on Grading, %

50

Effects of Final on Grading, %

50

TOTAL

100

Week

Topics

Course Outcomes

1

Course organization, the syllabus, topics, expectations

I

2

The public sector

I-IV-V-VI

3

Principles for analysing  the government

I-II-V-VI

4

Public goods, the economic role of the state

II-III-IV-VI

5

Public sector demand

I-III-V- VII

6

Supply and demand in political markets, positive principles of taxation

III-V- VII

7

Principles of tax policy

I-III-VI-VII

8

Taxes on economic transactions

I-II-III- V-VII

9

The taxation of income

I-II-III- V-VII

10

Taxation and redistribution, quiz

I-II-III-VI-V-VII

11

Government redistribution programs, social security

I-II-III-VI-V-VII

12

Education, health care, national defense

II-III-VI-V-VII

13

Presentations

I-II-III-VI-V-VII

14

Review session

I-II-III-VI-V-VII

Program Outcomes

Level of Contribution

1

2

3

a

Ability to analize the theoretical information in the area of economics and finance, and to assess their implications in implementation.

x

b

Ability to acquire distinctive information in the area of social and and behavioral sciences through academic, managerial, and politically focused written and visual resources

x

c

Ability to acquire knowledge by integrating information related to the field of economics and finance into computerized environments.

x

d

Ability to present obtained information by employing the technical skills required by the field of economics and finance (such as in computerized environments) in Turkish or English.

x

e

Ability to employ knowledge related to the field of economics and finance in decision-making, application, and the application of decisions.

x

f

Ability to produce multidisciplinary assessments and conduct analyses in harmony with the area of economics and finance, related sub-fields, and other social science areas.

x

g

Ability to incorporate and accurately assess ethical and Professional responsibilities.

x

h

Ability to establish effective high-level written and oral communications in Turkish and English.

x

i

To have a wide-range understanding for the incorporation of the effects of the field of economics and finance in a global context.

x

j

Having acquired lifelong learning skills

x

k

Having wide knowledge on contemporary topics.

x

l

Being open and adaptive to novelty and varying conditions

x

m

Having practical and theoretical technical knowledge for being able to obtain information and results through data analysis.

x

Prepared by

Asst. Prof. Mehmet Güney Celbiş

Date

07.6.2017

Signature