ECON312 FISCAL POLICY AND PUBLIC FINANCE

Course Code:3110312
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:6.5
Department:Economics
Language of Instruction:English
Level of Study:Undergraduate
Course Coordinator:Assoc.Prof.Dr. SERAP AŞIK
Offered Semester:Fall and Spring Semesters.

Course Objectives

At the end of this course the students will know

  • the basic notions about public sector economics,  
  • microeconomic functions of the government,
  • basic issues related to government budget,
  • theories of public expenditure growth 
  • tax analysis

Course Content

Introduction to fiscal theory and policy. Government expenditures. Budgeting. Taxation and subsidies. Government finance.


Course Learning Outcomes

Student, who passed the course satisfactorily will be able to:

  • differentiate between different types of goods (public, private, club, common property resources)
  • understand the difference between neoclassical and Marxian analysis of public sector
  • understand how positive and normative analysis tools are used to find answers to the problems of public sector economics

Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1The aim of our program is to equip our students with the necessary skills and tools to have a firm understanding of economic theory and policymaking. Our graduates will be able to conceptualize economic problems, assess, analyze, and propose scientific solutions to them.
2Our students are expected to have interdisciplinary perspective to be able to follow and understand daily economic and political developments.
3Our program also trains students to be open to new ideas, be sensitive about social problems surrounding them and work towards providing solutions for these to share with their community.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution