Information Package / Course Catalogue
Budget Policy
Course Code: ML306
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

Budget Policy and views of different economics school for budget policy will be explained. In addition, the possible effects on the budget balance and budget policies in the macroeconomic indicators will be assessed.

Course Content

Budget Policy, Conventional and Keynesian Approach towards Budget Policy, Multiplier Effect, Government Spending in IS-LM Analysis, Crowding-Out, Various School of Economics Thought View towrds Budget Policy, Budget Deficits: Measures, Causes and effects.

Name of Lecturer(s)
Prof. Recep TEKELİ
Learning Outcomes
1.To be able to learn concept of budget policy
2. to be able to understand various economics thoughts view for budget policy
3. to be able to know how the multiplier mechanism works and how the multiplier coeefficient is derived in closed nd open economy context.
4.to be able to know various budget deficit measurement methods
5.To be able to understand the causes and effects of budget deficits
Recommended or Required Reading
1.Kamil Tüğen (2022); "Devlet Bütçesi," İzmir
2.Abdullah Keskin, Hüseyin Şen, İsa Sağbaş (2007), Budget Deficits and Deficit Finance Policies
3.Samuelson and Nordhaus (1989) Economics
4.Gregory Mankiw, Macroeconomics,(5th ed.), 2002
5.Galbraith and Darity (1994), Macroeconomics
Weekly Detailed Course Contents
Week 1 - Theoretical
Budget Policy
Week 2 - Theoretical
Classical Economists and Keynesian view for budget policy
Week 3 - Theoretical
The Multiplier Model
Week 4 - Theoretical
Public Expenditure Multiplier in Closed Economy
Week 5 - Theoretical
Public Expenditure Multiplier in Closed Economy
Week 6 - Theoretical
Public Expenditure Multiplier in Open Economy
Week 7 - Theoretical
The effect of public expenditure in IS-LM Analysis
Week 8 - Theoretical
The effect of public expenditure in IS-LM Analysis
Week 9 - Theoretical
The effect of deficit finance in IS-LM Analysis
Week 10 - Theoretical
Public Choice, Monetarists and Supply Side view for Budget Policy
Week 11 - Theoretical
Budget Deficits
Week 12 - Theoretical
Measurements of Budget Deficits
Week 13 - Theoretical
Causes of Budget Deficits
Week 14 - Theoretical
Causes of Budget Deficits
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%70
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Assignment23312
Individual Work23312
Midterm Examination1819
Final Examination1819
TOTAL WORKLOAD (hours)126
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
4
4
5
4
4
OÇ-2
4
5
4
5
4
4
4
OÇ-3
4
4
5
4
5
4
OÇ-4
4
4
4
5
4
5
4
5
4
OÇ-5
Adnan Menderes University - Information Package / Course Catalogue
2026