Information Package / Course Catalogue
Fiscal Policy Analysis
Course Code: MHY520
Course Type: Area Elective
Couse Group: Second Cycle (Master'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.Understanding the impact of fiscal policy in economic developments
5.Understanding the fiscal policy's impact on economic and financial globalization.
Recommended or Required Reading
1.EKER, Aytaç, Asuman ALTAY ve Mustafa SAKAL; Maliye Politikası, Anadolu Matbaacılık, İzmir, 2010
2.EĞİLMEZ, Mahfi ve Ercan KUMCU; Ekonomi Politikası Teori ve Türkiye Uygulaması
3.PARASIZ, İlker; Türkiye’de İstikrar Politikaları
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
Ekonomik Konjonktür ve Maliye Politikası
Week 6 - Theoretical
The Role of Fiscal Policy in ensuring stability
Week 7 - Theoretical
Methods for fiscal policy
Week 8 - Intermediate Exam
Mid-term exam
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
Week 15 - Theoretical
Sustainable Development and Environmental Issues
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Assignment2228
Individual Work32212
Midterm Examination1819
Final Examination110212
TOTAL WORKLOAD (hours)125
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
OÇ-1
5
4
5
4
4
4
5
4
4
OÇ-2
5
5
4
4
4
4
4
4
4
OÇ-3
4
5
5
5
4
4
4
4
4
OÇ-4
4
4
4
4
4
2
2
2
2
OÇ-5
3
3
3
3
3
3
5
5
4
Adnan Menderes University - Information Package / Course Catalogue
2026