MAB641 - FISCAL POLICY MANAGEMENT
| Course Name | Code | Semester | Theory (hours/week) |
Application (hours/week) |
Credit | ECTS |
|---|---|---|---|---|---|---|
| FISCAL POLICY MANAGEMENT | MAB641 | 1st 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 main objective of this course is to analyze the fiscal policy management under different political and economic conditions by using standard tools of theoretical and empirical economic analyses. For this purpose, linear and non-linear effects, sustainability and optimal design of fiscal policy are going to be evaluated using different macroeconomic models. | |||||
| Learning outcomes |
| |||||
| Course Content | -Fiscal Policy Effectiveness -Fiscal Policy Sustainability -Fiscal Policy Management During Financial Crisis -Fiscal Rules in Theory and Practice | |||||
| References | -Alesina A. & Giavazzi, F. (2013). Fiscal Policy After the Financial Crisis, NBER Conference Report -Hansen B. (2003). The Economic Theory of Fiscal Policy, Routledge. -Hansen A.H. (2003). Fiscal Policy and Business Cycles, Routledge. | |||||
Course outline weekly
| Weeks | Topics |
|---|---|
| Week 1 | Introduction and Course Description |
| Week 2 | Government Spending and Private Activity |
| Week 3 | Fiscal Multipliers in Recession and Expansion |
| Week 4 | Fiscal Multipliers in Recession and Expansion |
| Week 5 | Interaction Between Fiscal and Monetary Policy |
| Week 6 | Midterm exam |
| Week 7 | The Fiscal Theory of Price Level |
| Week 8 | The Fiscal Theory of Price Level |
| Week 9 | Fiscal Sustainability and Fiscal Stance |
| Week 10 | Fiscal Sustainability and Fiscal Stance |
| Week 11 | Midterm Exam |
| Week 12 | Fiscal Indicators of Financial Crisis |
| Week 13 | Fiscal Policy Response During Financial Crisis |
| Week 14 | Fiscal Rules in Theory |
| Week 15 | Fiscal Rules in Practice |
| 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