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About the Programme Academic Staff Program Qualifications Lessons Matrix of Course & Program Qualifications Turkish Qualifications Framework (TQF) TQF & Program Qualifications
  1. Faculty of Economics and Administrative Sciences
  2. Department of Public Finance
  3. Course Structure Diagram with Credits
  4. Fiscal Policy
  5. Description
  • Description
  • Learning Outcomes
  • ECTS Credit Load
  • Course's Contribution to Program
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Last Updated: 30/09/2026

Code - Course Title Course Type Laboratory + Practice ECTS
MLY364 - Fiscal Policy VII. SEMESTER 4 +0 5.0
Language of Instruction Türkçe
Course Type Required Courses
Course Instructor(s) PROF. DR. ŞEBNEM TOSUNOĞLU, PROF. DR. MEHMET OĞUZ ARSLAN
Mode of Delivery The mode of delivery of this course is Face to face
Place of Delivery
Used Educational Platforms
Prerequisites There is no prerequisite or co-requisite for this course.
Courses Recomended There is no recommended optional programme component for this course.
Recommended Resources
Work Placement N/A
Aims of the Course

Weeks Learning Outcomes Topics Teaching Methods
Week - 1 Debates on efficenciency of fiscal policy: Classical economics, Keynesian approach, Monetarist approach, New classical macroeconomics, Supply-side approach, Post Keynesian macroeconomics
Week - 2 Fiscal policy: some definitions
Week - 3 Fiscal policy in achieving economic stability: The Keynesian Model
Week - 4 Relative efectiveness of monetary and fiscal policies in closed economies
Week - 5 Relative efectiveness of monetary and fiscal policies in open economies
Week - 6 Fixed rules vs. active macro policies in achieving economic stability
Week - 7 Inflation and fiscal policy: Importance of inflation
Week - 8 Fiscal policy and inflation: alternative views
Week - 9 Fiscal Policy against inflation: Keynesian solution
Week - 10 Fiscal Policy against inflation: Keynesian solution 2
Week - 11 Stagflation and fiscal policy
Week - 12 Budget deficit problem: Effects on various economic indicators
Week - 13 Fiscal policy in developing countries: Public revenues and expenditures for economic development
Week - 14 Goverment borrowing for economic growth, Inflationary finance of economic growth

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Assessment Method and Passing Requirements
Quamtity Percentage (%)
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