Economy is basically divided into two sectors. Whereas private sector produces goods and services for personal benefits, public sector makes production of goods and services expected to be used for social benefits. Public Finance is concerned with which human needs are fulfilled by public sector and which are fulfilled by private sector. In this respect, Public Finance is a field of study that deals with what responsibilities the state is supposed to assume, how these responsibilities are fulfilled, and what resources will bear the cost of fulfilling the above mentioned responsibilities and how they will be funded.
The purpose of this department is to train qualified and creative staff to be employed in the fields of budget, financial planning and tax by teaching them the most basic principles of the science of finance. It is the most basic target of this department to produce graduates who will be able to interpret the financial events that play a significant role in general economy as well as their effects and consequences related to Public Finance and evaluate the Turkish economy from different perspectives.