1	Course Title:	ECONOMICS OF WELFARE
2	Course Code:	IKT3206
3	Type of Course:	Optional
4	Level of Course:	First Cycle
5	Year of Study:	3
6	Semester:	6
7	ECTS Credits Allocated:	5
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	None
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Prof. Dr. NALAN ÖLMEZOĞULLARI
16	Course Lecturers:	Prof. Dr. Nalân ÖLMEZOĞULLARI
17	Contactinformation of the Course Coordinator:	Prof Dr Hüseyin ŞAHİN
18	Website:
19	Objective of the Course:	The main aim of this course is to provide an idea about the economic welfare and its relationship with national income via learning tools microeconomics.
20	Contribution of the Course to Professional Development

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Learning Outcomes:

1 Students will be able to define welfare and to learn fundamentals concepts of welfare economics; 2 Students will be able to distinguish between economic welfare and non economic welfare; 3 Students will be able to learn why and when public policies are required to enhance the efficiency of an economy; 4 Students will be able to learn the difficulties in formulating a collective decision on a rational basis ; 5 Students will be able to understand the Pareto principle; 6 Students will be able to learn to causes of market failure; 7 Students will be able to learn the basic methods for evaluating economic policies which impact on income distribution; 8 Students will be able to learn to causes of changes in the distribution of national income and economic welfare;

22	Course Content:

Week	Theoretical	Practical
1	Analyzing goods markets and factor markets
2	Analyzing supply and demand of factors
3	Analyzing relation between goods markets and factor markets by using various models
4	Functional Income Distribution
5	Determination of Wage and Causes of wage gap
6	Interest ,rent, Profit
7	Personal Income Distribution - Midterm Exam
8	Transition problems from personal welfare to social welfare
9	Theoretical approaches to economic welfare
10	Measuring Issues of social welfare
11	Pigou approaches to economic welfare
12	Pareto approaches to economic welfare
13	Role of value judgment in welfare economics: Positive approach versus normative approach
14	General Equilibrium and welfare Economics

23	Textbooks, References and/or Other Materials:	Başoğlu, Parasız, Ölmezoğulları ‘’Gelir Bölüşümü, Teori ve Politika”, Bursa Ekin Kitabevi, 1999. Başoğlu, Parasız, Ölmezoğulları ‘’Genel Denge ve Refah’’, Bursa: Ezki Kitabevi, 1998. Zeynel Dinler ‘’Mikro Ekonomi’’, Bursa: Ekin Kitabevi, 2002
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	1	40
Quiz	0	0
Homeworks, Performances	0	0
Final Exam	1	60
Total	2	100
Contribution of Term (Year) Learning Activities to Success Grade		40
Contribution of Final Exam to Success Grade		60
Total		100
Measurement and Evaluation Techniques Used in the Course
Information

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ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	3	42
Practicals/Labs	0	0	0
Self Study and Preparation	14	4	56
Homeworks, Performances	0	0	0
Projects	0	0	0
Field Studies	0	0	0
Midtermexams	1	37	37
Others	0	0	0
Final Exams	1	45	45
Total WorkLoad			180
Total workload/ 30 hr			6
ECTS Credit of the Course			6

26	CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12 LO1 5 4 4 3 4 5 3 3 4 5 3 3 LO2 5 4 4 3 4 5 3 3 4 5 3 3 LO3 5 4 4 3 4 5 3 3 4 5 3 3 LO4 5 4 4 3 4 5 3 3 4 5 3 3 LO5 4 4 5 3 4 4 4 4 3 5 4 3 LO6 5 4 4 3 4 5 3 3 4 5 4 4 LO7 3 5 4 4 4 4 3 5 4 4 4 3 LO8 5 4 4 3 4 5 3 3 4 5 3 4

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High