Akademik Dersler - Tanıtım

Last Updated: 30/09/2026

Code - Course Title	Course Type	Laboratory + Practice	ECTS
İKT386 - Welfare Economics	VI. SEMESTER	2 +0	5.0

Language of Instruction	İngilizce
Course Type	Area Elective Courses
Course Instructor(s)	DR. ÖĞR. ÜYESİ BAŞAK SEZGİN KIROĞLU
Mode of Delivery	This course will be conducted face to face.
Place of Delivery
Used Educational Platforms
Prerequisites	There is no prerequisite or co-requisite for this course.
Courses Recomended	It is recommended that students who will take this course take İKT217 Micro Economic Theory I and İKT218 Micro Economic Theory II.
Recommended Resources	Ng, Y.-kwang. (2005). Welfare economics: Towards a more complete analysis. Palgrave Macmillan.
Work Placement	This is not appropriate for the course.
Aims of the Course

Weeks	Learning Outcomes	Topics	Teaching Methods
Week - 1		Course introduction
Week - 2		The Basis of Welfare Economics
Week - 3		History of Welfare Economics
Week - 4		Basic Concepts: Social Welfare, Economic Surplus, Economic Efficiency, Utility, Income Distribution, Inequality, Equity, Public Goods, Externality
Week - 5		Basic Concepts: Social Welfare, Economic Surplus, Economic Efficiency, Utility, Income Distribution, Inequality, Equity, Public Goods, Externality
Week - 6		Fundamental Theorems of Welfare Economics: First Fundamental Theorem
Week - 7		Fundamental Theorems of Welfare Economics: Second Fundamental Theorem, Social Choice Theory
Week - 8		Fundamental Theorems of Welfare Economics: Arrow's Impossibility Theorem
Week - 9		Pareto Optimality
Week - 10		Social Welfare Function
Week - 11		The Optimal Distribution of Income
Week - 12		Measuring Welfare Changes
Week - 13		Measuring Welfare Changes
Week - 14		Criticism of Welfare Economics

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Assessment Method and Passing Requirements
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