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Code ECON 520
Term 201501
Title Public Economics
Faculty Faculty of Arts and Social Sciences
Subject Economics(ECON)
SU Credit 3
ECTS Credit 10.00
Instructor(s) Ozan Bak?s bakis@sabanciuniv.edu,
Detailed Syllabus
Language of Instruction English
Level of Course Doctoral
Master
Type of Course Click here to view.
Prerequisites
(only for SU students)
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Content

Fundamental theorems of welfare economics; theories of government; public goods; externalities; public choice; income redistribution; taxation, income distribution and efficiency; public production, incentives and the bureaucracy; privatization.

Learning Outcome

The course participants are supposed to achieve
? knowledge of central concepts and basic models of modern public economics based on second best welfare theory
? relevant knowledge of actual policies
? some knowledge of relevant issues currently on the political agenda

Skills:
The course participants are supposed to acquire abilities to
? explain the economic contents and trade-offs captured by the models,
? discuss the assumptions, relevance, and limitations of the models,
? identify and analyse policy problems in public economics,
? assess arguments appearing in the policy debate.

Programme Outcomes
 
1 Develop and deepen the current and advanced knowledge in the field with original thought and/or research and come up with innovative definitions based on Master's degree qualifications
2 Conceive the interdisciplinary interaction which the field is related with ; come up with original solutions by using knowledge requiring proficiency on analysis, synthesis and assessment of new and complex ideas.
3 Evaluate and use new information within the field in a systematic approach.
4 Develop an innovative knowledge, method, design and/or practice or adapt an already known knowledge, method, design and/or practice to another field; research, conceive, design, adapt and implement an original subject.
5 Critical analysis, synthesis and evaluation of new and complex ideas.
6 Gain advanced level skills in the use of research methods in the field of study.
7 Contribute the progression in the field by producing an innovative idea, skill, design and/or practice or by adapting an already known idea, skill, design, and/or practice to a different field independently.
8 Broaden the borders of the knowledge in the field by producing or interpreting an original work or publishing at least one scientific paper in the field in national and/or international refereed journals.
9 Demonstrate leadership in contexts requiring innovative and interdisciplinary problem solving.
10 Develop new ideas and methods in the field by using high level mental processes such as creative and critical thinking, problem solving and decision making.
11 Investigate and improve social connections and their conducting norms and manage the actions to change them when necessary.
12 Defend original views when exchanging ideas in the field with professionals and communicate effectively by showing competence in the field.
13 Ability to communicate and discuss orally, in written and visually with peers by using a foreign language at least at a level of European Language Portfolio C1 General Level.
14 Contribute to the transition of the community to an information society and its sustainability process by introducing scientific, technological, social or cultural improvements.
15 Demonstrate functional interaction by using strategic decision making processes in solving problems encountered in the field.
16 Contribute to the solution finding process regarding social, scientific, cultural and ethical problems in the field and support the development of these values.
1 Develop the ability to use critical, analytical, and reflective thinking and reasoning
2 Reflect on social and ethical responsibilities in his/her professional life.
3 Gain experience and confidence in the dissemination of project/research outputs
4 Work responsibly and creatively as an individual or as a member or leader of a team and in multidisciplinary environments.
5 Communicate effectively by oral, written, graphical and technological means and have competency in English.
6 Independently reach and acquire information, and develop appreciation of the need for continuously learning and updating.
1 Design and model engineering systems and processes and solve engineering problems with an innovative approach.
2 Establish experimental setups, conduct experiments and/or simulations.
3 Analytically acquire and interpret data.
1 Develop a thorough knowledge of theories, concepts, and research methods in the field and apply them in research design and data analysis.
2 Assess the impact of the economic, social, and political environment from a global, national and regional level.
3 Know how to access written and visual, primary and secondary sources of information, interpret concepts and data from a variety of sources in developing disciplinary and interdisciplinary analyses.
1 Understand the policy-making process in the contemporary world.
2 Contribute to the design of public policy using a multidisciplinary perspective in specific policy areas.
3 Develop ability to evaluate the impact of public policy.