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| SEC 334 | Economic Policy | 3+0+0 | ECTS:4 | | Year / Semester | Spring Semester | | Level of Course | First Cycle | | Status | Elective | | Department | DEPARTMENT of FINANCE | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | -- | | Co-Lecturer | None | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course is to analyse objectives of economic policy and ways of achieving them according to various schools of economic thinking |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | definine general concepts about economic policy
| 1,2,3,4,5,6,7,8 | 1,3 | | LO - 2 : | learn general frame of economic policies and macro theories
| 1,2,3,4,5,6,7,8 | 1,3 | | LO - 3 : | compare economic policies of economic schools | 1,2,3,4,5,6,7,8 | 1,3 | | LO - 4 : | analyse money and fiscal policy of economic schools | 1,2,3,4,5,6,7,8 | 1,3 | | LO - 5 : | connect relations among economic policies, theories and systems | 1,2,3,4,5,6,7,8 | 1,3 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Politics and economic policy, economic policy and economic theory, basic elements of political economy, theories of economic policy, economic policy and macroeconomic theories |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Introduction and concept | | | Week 2 | Economic policy vehicles and objectives | | | Week 3 | Macro theories and economic policy, classical and Keynesian perspectives | | | Week 4 | Macro theories and economic policy, monetarist and rational expectations approach | | | Week 5 | Macro theories and economic policy, New Keynesiens and other approaches
| | | Week 6 | Business cycles and policy applications | | | Week 7 | Business cycles and policy applications | | | Week 8 | Monetary and fiscal policy applications in open economies | | | Week 9 | Mid-term exam | | | Week 10 | Monetary and fiscal policy applications in open economies | | | Week 11 | Economic stabilization policy, orthodox, heterodox and IMF policies | | | Week 12 | Macroeconomic equilibrium and monitoring of economy, quiz | | | Week 13 | Expectations in Economy; Theory and Case-I | | | Week 14 | Expectations in Economy; Theory and Case-II | | | Week 15 | Summary | | | Week 16 | End-of-term exam | | | |
| 1 | Aslan, M.H., 2008, Makro İktisat Politikası, Alfa Aktüel Yayınları, Bursa | | | 2 | Eğilmez, M., Kumcu, E., 2004, Ekonomi Politikası, Remzi Kitabevi Yayınları, İstanbul | | | 3 | Serin V., 1998, İktisat Politikası, Alfa Yayınları, İstanbul | | | |
| 1 | Savaş, V., 1994, Politik İktisat, Beta Basın Yayım, İstanbul | | | 2 | Atılgan A., 1997, İktisat Politikalarının Evrimi, Alfa Yayınları, İstanbul | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04.04.2016 | 1 | 50 | | End-of-term exam | 16 | 23.05.2016 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 6 | 14 | 84 | | Arasınav için hazırlık | 5 | 2 | 10 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 6 | 2 | 12 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 150 |
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