Information Package / Course Catalogue
Fiscal Policy I
Course Code: ML401
Course Type: Required
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The aim of the lesson is to provide an understanding of the reasons for government intervention in the economy

Course Content

The role of public sector in the economy, fiscal policy in the IS-LM-BP model, the interaction between fiscal and monetary policy, the fiscal policy multipliers in macroeconometric models, the impact of fiscal policy on economic growth.

Name of Lecturer(s)
Prof. Hakan HOTUNLUOĞLU
Learning Outcomes
1.To be able to know the objectives and instruments of fiscal policy
2.To be bale to provide an understanding of the reasons for government intervention in the economy
3.To be able to evaluate both Keynesian and Classical approaches
4.Examines the impact of fiscal policy in the realization of economic stability
5.Measure the effectiveness of fiscal policy in Turkey today, the fight against inflation
Recommended or Required Reading
1.Hotunluoğlu, Hakan; Maliye Politikası: Refah Arayışından Antikırılgan Geleceğe, Ekin Yayınevi, Bursa, 2025
Weekly Detailed Course Contents
Week 1 - Theoretical
Emergence of fiscal policy, economic policy objectives and tools
Week 2 - Theoretical
Fiscal Policy in Economic Approaches (Classical Economics, Keynesian Economic Thought)
Week 3 - Theoretical
Fiscal Policy in Economic Approaches (Monetarism, Rational Expectations Theory, Structuralists)
Week 4 - Theoretical
Fiscal Policy in Economic Approaches (Supply Side Economics, Public Choice Theory)
Week 5 - Theoretical
Economic Business Cycle and Fiscal Policy
Week 6 - Theoretical
The Role of Fiscal Policy in ensuring stability
Week 7 - Theoretical
Methods for fiscal policy
Week 8 - Theoretical
Fiscal Policies to Fight Inflation I
Week 9 - Theoretical
Fiscal Policies to Fight Inflation I
Week 10 - Theoretical
Fiscal Policies to Fight Inflation II
Week 11 - Theoretical
Fiscal Policies to Fight Deflation
Week 12 - Theoretical
Fiscal Policies to Fight Stagflation
Week 13 - Theoretical
Fiscal Policy and Economic Growth
Week 14 - Theoretical
Fiscal Policy for Financing Economic Development
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%70
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory144398
Individual Work2228
Midterm Examination1819
Final Examination1819
TOTAL WORKLOAD (hours)124
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
4
4
4
5
4
4
4
5
4
OÇ-2
5
4
5
4
5
4
4
OÇ-3
4
5
4
4
4
4
5
4
OÇ-4
OÇ-5
Adnan Menderes University - Information Package / Course Catalogue
2026