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Program Type: 
Non Thesis
Course Code: 
ECON 517
Course Type: 
Elective
P: 
3
Lab: 
0
Credits: 
3
ECTS: 
10
Course Language: 
English
Course Coordinator: 
Courses given by: 
Course Objectives: 

The objective of this course is to develop students` ability in analyzing and formulating public economic problems and policies.

Course Content: 

This course focuses on the application of economic theory to the analysis of the issues pertaining to public expenditures, market imperfections, and cost benefit analysis.

Teaching Methods: 
1: Lecture, 2: Question-Answer, 3: Discussion, 12: Case Study
Assessment Methods: 
A: Testing, C: Homework, Q: Quiz

Vertical Tabs

Course Learning Outcomes

1. Defines public economics and its ideology.
2. Using positive and normative analysis for problem-solving.
3. Studies the factors that cause markets to fail.
4. Compares public and private provision of goods and services.
5. Investigates the daily use of cost-benefit analysis.
6. Analyses the public and private provision of goods and services in different sectors.

 

Course Flow

Week Topics Study Materials
1 Public Finance and Ideology Chapter 1
2 Tools of Positive Analysis Chapter 2-3
3 Tools of Normative Analysis Chapter 4-5
4 Tools of Normative Analysis cont’d Chapter 6
5 1st Midterm  
6 Public Goods Chapter 4
7 Externalities Chapter 5
8 Externalities cont’d  
9 Education Chapter 6
10 Education cont'd  
11 Cost Benefit Analysis Chapter 7
12 Cost Benefit Analysis cont’d  
13 The Health Care Market Chapter 8
14 Review  

Recommended Sources

Textbook Public Finance by Harvey S. Rosen and Ted Gayer, McGraw-Hill, 9th ed
Additional Resources Lecture notes and chapter slides

Material Sharing

Documents Lecture notes and Chapter slides
Assignments End of Chapter problems and Homework Assignments
Exams Quiz questions

Assessment

IN-TERM STUDIES NUMBER PERCENTAGE
Mid-terms 2 75
Quizzes 3 15
Assignments 2 10
  Total 100
Contribution of Final Examination to Overall Grade   40
Contribution of In-Term Studies to Overall Grade   60
  Total 100

Course’s Contribution to Program

No Program Learning Outcomes Contribution
    1 2 3 4 5
1 Formulate and develop a critical and comprehensive understanding of global and national economic problems, and construct and design practical solutions;       x  
2 Extract information and concepts from various disciplines in social sciences and integrate them under the rubric of economics;       x  
3 Construct testable hypotheses to find original, practical solutions to various social ills and problems;       x  
4 Develop an analytical understanding of economic problems, and the ability to evaluate the inherent logic, assumptions and conclusions of alternative approaches;       x  
5 Develop the necessary technical skills to evaluate alternative approaches in economics;       x  
6 Formulate research projects, plan and conduct research in social sciences in general and in economics in particular;     x    
7 Present the results of their research in national and international conferences and in scientific and professional venues;       x  
8 Apply the scientific / academic modes of thought and analysis to their professional lives and form a bridge between the analytical and abstract modes of thinking of academia and the practical and dynamic skills of business life;       x  
9 Nurture and develop the analytical and technical skills necessary to continue their studies at a Ph.D. level, either in Turkey or elsewhere around the globe.       x  

ECTS

Activities Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Including the Exam Week: 15 x total course hours) 15 3 45
Hours for off-the-classroom study (Pre-study, practice) 15 10 150
Mid-terms 1 10 10
Quizzes (attendance, presentation, etc.) 3 0.5 1.5
Assignments 2 10 20
Final Examination 1 12 12
Total Work Load     238.5
Total Work Load / 25 (s)     9.54
ECTS Credit of the Course     10