Education Information System

Course Title	Code	Semester	L+U Hour	Credits	ECTS
Fiscal Policy	İKT405	7. Semester	3 + 0	3.0	5.0

Prerequisites

None

Language of Instruction	Turkish
Course Level	Undergraduate
Course Type
Mode of delivery	Face to face.
Course Coordinator	Prof. Dr. Ayfer GEDİKLİ
Instructors	Ayfer GEDİKLİ
Assistants
Goals	The aim of this course is to analyze the policy preferences of states in different economic conjunctures and the place of fiscal policy among these preferences.
Course Content	The importance and place of fiscal policy among economic policies; objectives, tools and effects of fiscal policy; effectiveness and sustainability of fiscal policy; different theoretical approaches to fiscal policy.
Learning Outcomes	- Students can explain the theoretical basis of fiscal policy. - Students can discuss different theoretical approaches to fiscal policy. - Students can anticipate the effectiveness, sustainability, effects on different social groups and possible problems about application of fiscal policy.

Week	Topics	Learning Methods
1. Week	Neoclassical-Minimalist Public Intervention	Visual Presentation Course Hours Verbal Expression
2. Week	Great Depression, Keynesian Approach, Neoclassical-Keynesian Synthesis and Public Intervention in the Economy	Visual Presentation Course Hours Verbal Expression
3. Week	The Aim of Economic Policy; Fundamentals of Economic Policy Components; Aim of Economic Policy and Fiscal Policy Instruments; Fiscal Policy Multipliers; Economic Policy Fine Tuning and Automatic Stabilizers	Verbal Expression Visual Presentation Course Hours
4. Week	Fiscal Impediment (Drag); Voluntary Fiscal Policies	Visual Presentation Verbal Expression Course Hours
5. Week	Economic Growth - Financing Development - Fiscal Policy and Private Investment	Visual Presentation Course Hours Verbal Expression
6. Week	Developing Countries and Structuralist Approach; economic fluctuations in long-run growth, State Aids and Development - Structural Adjustment and Fiscal Policy - Structural Adjustment Models, IMF and World Bank	Course Hours Verbal Expression Visual Presentation
7. Week	Recession and Fiscal Policy; Inflation and Finance Policy; Stagflation and Micro-Based Policies	Verbal Expression Visual Presentation Course Hours
8. Week	MIDTERM EXAM	Course Hours
9. Week	Interaction of Monetary and Fiscal Policies and Policy Mix	Course Hours Verbal Expression Visual Presentation
10. Week	Budget Deficits Treasury and Central Bank; Treasury and Functions	Course Hours Visual Presentation Verbal Expression
11. Week	Central Bank and Monetary Policy and Treasury “Independence” and Fiscal Policy	Course Hours
12. Week	Treasury Borrowing from the Central Bank	Course Hours Verbal Expression Visual Presentation
13. Week	Seiorage and Tanzi-Olivera Effect Sterilization	Verbal Expression Course Hours Visual Presentation
14. Week	Development and Fiscal Policy - The Problem of Underdevelopment - Development Economics and Structural Transformation	Verbal Expression Course Hours Visual Presentation

Pınar, A. (2021). Maliye Politikası: Teori ve Uygulama. Ankara: Turhan Kitabevi. Lecture Notes.

Program Requirements	Contribution Level	DK1	DK2	DK3	Measurement Method
PY1	5	0	0	0	-
PY2	5	0	0	0	-
PY3	5	0	0	0	-
PY4	4	0	0	0	-
PY5	2	0	0	0	-
PY6	3	0	0	0	-
PY7	4	0	0	0	-
PY8	4	0	0	0	-
PY9	4	0	0	0	-
PY10	2	0	0	0	-
PY11	2	0	0	0	-
PY12	1	0	0	0	-
PY13	2	0	0	0	-
PY14	1	0	0	0	-

*DK = Course's Contrubution.

	0	1	2	3	4	5
Course's Level of contribution	None	Very Low	Low	Fair	High	Very High
Method of assessment/evaluation		Written exam	Oral Exams	Assignment/Project	Laboratory work	Presentation/Seminar

Event	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm 1	1	30	30
Homework 1	1	15.5	15.5
Final	1	40	40
Classroom Activities	14	3	42
Total Workload			127.5
ECTS Credit of the Course			25.5 5.0