MAB642 - THEORY and POLITICS of GOVERNMENT DEBT
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| THEORY and POLITICS of GOVERNMENT DEBT | MAB642 | 2nd Semester | 3 | 0 | 3 | 6 |
| Prequisites | None | |||||
| Course language | Turkish | |||||
| Course type | Elective | |||||
| Mode of Delivery | Face-to-Face | |||||
| Learning and teaching strategies | Lecture Discussion Case Study | |||||
| Instructor (s) | Department members | |||||
| Course objective | The principal objective of this course is to teach the theoretical basics of borrowing, the analysis of the economic dynamics of borrowing and debt management strategies, and to discuss the public debt policies in Turkey and around the world. | |||||
| Learning outcomes |
| |||||
| Course Content | -Fiscal Balance and Public Finance -Public Debt and Debt Instruments -Economic Theory of the Public Debt -Public Debt and its Effects -Debt Sustainability -External Debt -Debt Management | |||||
| References | -Dornbusch, R. & Draghi, M. (1990). Public Debt Management:Theory and History, Cambridge University Press. -Lemieux, P. (2013). The Public Debt Problem: A Comprehensive Guide, Palgrave Macmillan. -Neck, R. & Sturm, J. E. (2008). Sustainability of Public Debt, MIT Press. -Gruber, J. (2004). Public Finance and Public Policy, Macmillan. | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Introduction and Course Description |
| Week 2 | Fiscal Balance, Definition of Budget Deficit and Government Finance Analysis |
| Week 3 | Definition and indicators of Government Debt |
| Week 4 | Tools of Government Debt |
| Week 5 | Debt in Economic Theory |
| Week 6 | Midterm Exam |
| Week 7 | Economic and Social Effects of Government Debt |
| Week 8 | Economic and Social Effects of Government Debt |
| Week 9 | Sustainability of Debt |
| Week 10 | External Debt Analysis |
| Week 11 | Midterm Exam |
| Week 12 | Debt Management: Definition and Objectives |
| Week 13 | Internal and External Debt Management |
| Week 14 | Government Debt and Debt Management in Developed and Developing Economies |
| Week 15 | Debt Management in Turkey |
| Week 16 | Final Exam |
Assesment methods
| Course activities | Number | Percentage |
|---|---|---|
| Attendance | 0 | 0 |
| Laboratory | 0 | 0 |
| Application | 0 | 0 |
| Field activities | 0 | 0 |
| Specific practical training | 0 | 0 |
| Assignments | 0 | 0 |
| Presentation | 1 | 15 |
| Project | 0 | 0 |
| Seminar | 0 | 0 |
| Midterms | 2 | 30 |
| Final exam | 1 | 55 |
| Total | 100 | |
| Percentage of semester activities contributing grade succes | 3 | 45 |
| Percentage of final exam contributing grade succes | 1 | 55 |
| Total | 100 | |
WORKLOAD AND ECTS CALCULATION
| Activities | Number | Duration (hour) | Total Work Load |
|---|---|---|---|
| Course Duration (x14) | 14 | 3 | 42 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Specific practical training | 0 | 0 | 0 |
| Field activities | 0 | 0 | 0 |
| Study Hours Out of Class (Preliminary work, reinforcement, ect) | 14 | 3 | 42 |
| Presentation / Seminar Preparation | 1 | 16 | 16 |
| Project | 0 | 0 | 0 |
| Homework assignment | 0 | 0 | 0 |
| Midterms (Study duration) | 2 | 15 | 30 |
| Final Exam (Study duration) | 1 | 50 | 50 |
| Total Workload | 32 | 87 | 180 |
Matrix Of The Course Learning Outcomes Versus Program Outcomes
| D.9. Key Learning Outcomes | Contrubition level* | ||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |
| 1. The student deepens the knowledge acquired at the undergraduate level in its own field or in a different field, and explains the interaction between fields. | X | ||||
| 2. The student has knowledge and interpretation skills about economic and fiscal phases of societies and relations between societies. | X | ||||
| 3. The student has researching, planning and realization skills which are necessary for his/her field. | X | ||||
| 4. The student has the knowledge he/she must reach by processing data, at a theoretical level. | X | ||||
| 5. The student can solve a problem in his/her field as an individual and within a team, being aware of leadership responsibility. | X | ||||
| 6. The student can prepare reports and works in accordance with academic rules in the light of the knowledge he/she acquired in his/her field. | X | ||||
| 7. For problems he/she identified in his/her field, he/she makes suggestions of solution and/or solutions by using researh methods. | X | ||||
| 8. . The student can direct his/her education to a higher education program or a professÅŸon in his/her field. | X | ||||
| 9. The student is aware of the cotinuity of education and learning. He/she has a open attitude towards change and innovation. | X | ||||
| 10. The student can transfer fundamental knowledge he/she has in his/her field in a written and spoken manner to interested parties. | X | ||||
| 11. The student has the sufficient level of awareness of social rights, social justice, quality and cultural values environment protection, business health and security. | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest