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