COURSE SYLLABUS

TAXATION AND WELFARE

1	Course Title:	TAXATION AND WELFARE
2	Course Code:	MLY6114
3	Type of Course:	Optional
4	Level of Course:	Third Cycle
5	Year of Study:	1
6	Semester:	2
7	ECTS Credits Allocated:	4
8	Theoretical (hour/week):	2
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. UFUK SELEN
16	Course Lecturers:	Doç. Dr. Ufuk Selen
17	Contactinformation of the Course Coordinator:	Bursa Uludağ Üniversitesi İ.İ.B.F. Maliye Bölümü, Görükle Kampusü, Bursa, Türkiye E-posta: uselen@uludag.edu.tr Tel.: (0224) 294 1035
18	Website:
19	Objective of the Course:	Taxation has the ability to affect an individual's after-tax income and, consequently, his social and economic decisions. With this feature, taxation is an effective factor in determining the welfare level of the individual. In this context, the aim of the course is to contribute to the students' ability to comprehend, analyze and develop policies about the effect of taxation on individual and social welfare.
20	Contribution of the Course to Professional Development	It contributes to the specialization of students in analyzing the impact of taxation on individual and social welfare and developing policies.

Learning Outcomes:

1	Become aware of the concept of well-being and its elements.;
2	Understands the relationship between economic efficiency, justice and social welfare.;
3	Explain the relationship between taxation and social welfare.;
4	Have knowledge about the concept of optimal taxation and its components and can use it in specific analysis.;
5	Evaluates contemporary taxation approaches in terms of optimal taxation.;
6	Optimal taxation criteria of the tax policies applied in Turkey to analyze and evaluate the social welfare aspect.;

22	Course Content:

Week	Theoretical	Practical
1	Concept, Definition and charectaristics of Welfare
2	Social Wellfare and the Social Wellfare Functions.
3	The balance of Social Wellfare, activity and Justice, Pareto optimality
4	Tax and the economic effects of Taxation; Substitution Effect, Income Effect and Decision Effect
5	The effect of taxation on resource allocation: Efficiency and productivity
6	The effect of taxation on income distribution: social justice.
7	Optimal taxation: The balance between efficiency and fairness (1)
8	Optimal taxation: The balance between efficiency and fairness (2)
9	Optimal Taxation of income. (1)
10	Optimal Taxation of income. (2)
11	Optimal Taxation of consumption.
12	Optimal Taxation of wealth.
13	Optimal tax practices in the world: analysis of model country tax policies.
14	Evaluation of Turkish tax system and policies in terms of optimal taxation

23	Textbooks, References and/or Other Materials:	ALBAYRAK Özlem, Refah İktisadının Teorik Temelleri: Piyasa ve Refah İlişkisi, (Yüksek Lisans Tezi), Ankara: Ankara Üniversitesi Sosyal Bilimler Enstitüsü, 2003. ATKINSON Anthony B., Joseph E. STIGLITZ, “The Design of Tax Structure: Direct Versus Indirect Taxation”, Journal of Public Economics, 6, 1/2, 1979, pp. 55- 75. BAĞLI Mehmet Selim, “Etkinlik ve Eşitlik Bağlamında Yeniden Dağıtım Politikalarının Sosyal Refah Üzerindeki Etkisi”, Maliye Dergisi, 161, 2011, ss. 259-282. BRADFORD David F., Harvey S. ROSEN, “The Optimal Taxation of Commodities and Income”, The American Economic Review, 66, 2, 1976, pp. 94-101. DIAMOND Peter A., James A. MIRRLEES, “Optimal Taxation and Public Production II: Tax Rules”, The American Economic Association, 61, 3, 1971, pp.261-278. GÜRAN Mehmet Cahit, “Vergilemede Adalet ve Gelir Vergisi Uygulaması”, Hacettepe Üniversitesi İİBF Dergisi, 22, 2, 2004, ss. 243-265. KAPLOW Louis, The Theory of Taxation and Public Economics, New Jersey: Princeton University Press, 2008 KARAYILMAZLAR Ekrem, M. Cahit GÜRAN, “Gelir Vergisinde Tarife Yapısı: Adalet ve Etkinlik Temelli Teorik Tartışmalar Çerçevesinde Karşılaştırmalı Bir Analiz”, Ankara Üniversitesi SBF Dergisi, 60, 2, 2005, ss. 141-169. LERNER Abba P., “Optimal Taxes with an Untaxeble Sector”, The American Economic Review, 60, 3, 1970, pp. 284-294. LESTER Mark, L. AURE, “Deadweight Loss and Taxation”, NTRC Tax Research Journal, 24, 6, 2012, pp. 1-26. MIRRLEES James A., “An Exploration in the Theory of Optimum Income Taxation”, The Review of Economic Studies, 38, 2, 1971, pp. 175-208. OKUN Arthur M., Equality and Efficiency: The Big Tradeoff, Washington D.C.: Brookings Institution Press, 2015. PIGOU Arthur C., “Some Aspect of Welfare Economics”, The American Economic Review, 41, 3, 1951, pp. 287-302. RAMSEY Frank, “A Contribution to Theory of Taxation”, The Economic Journal, 37, 145, 1927. RAWLS John, A Theory of Justice, The Belknap Press of Harvard University Press, Cambridge, 1971. SELEN Ufuk, “Refah İktisadı Bağlamında Optimal Vergileme Arayışı ve Türk Vergi Sisteminin Analizi”, Yrd. Doç. Dr. Yaşar Methibay’a Armağan, ed. Fatih Saraçoğlu, Muharrem Çakır, Ankara: Gazi Kitabevi, 2017, ss. 329-364. SEN Amartya, “Social Justice and The Distribution of Income”, Handbook of Income Distribuiton, ed. A. B. Atkinson, F. Bourguignon, Elsevier, Oxford, 2007, pp. 60-81. SLEMROD Joel, “The Consequences of Taxation”, Taxation, Economic Prosperity, and Distributive Justice, ed. Ellen Frankel Paul, Fred D. Miller, Jeffrey Paul, Cambridge: Cambridge University Press, 2006, pp. 73-88. ŞİRELİ Nurhayat, “Refah Ekonomisine Edgewort, Pareto, Marshall ve Pigou’nun Katkıları”, Maliye Araştırma Merkezi Konferansları, 35, 1993, ss. 22-46. TURHAN Salih, Vergi Teorisi ve Politikası, İstanbul: Filiz Kitapevi, 1993. MANKİW N. Gregory, WEINZIERL M. Charles, D. Ferris YAGAN, “Optimal Taxation in Theory and Practice”, Journal of Economic Perspectives, 23, 4, 2009, pp. 147-174. YERELİ Ahmet Burçin, Ahmet Yılmaz ATA, “Vergi Adaletine Ulaşma Yöntemleri Çerçevesinde Fayda İlkesinin Teorik Açıdan Değerlendirilmesi”, Maliye Dergisi, 161, 2011, ss. 21-32. YÜKSEL Cihan, Optimal Vergileme Tartışmalarında Laffer Eğrisi, Ankara: Turhan Kitabevi Yayınları, 2016.
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	0	0
Quiz	0	0
Homeworks, Performances	0	0
Final Exam	1	100
Total	1	100
Contribution of Term (Year) Learning Activities to Success Grade		0
Contribution of Final Exam to Success Grade		100
Total		100
Measurement and Evaluation Techniques Used in the Course	Measurement and evaluation are carried out with the classical examination method, in which students can use their interpretation skills as well as their theoretical knowledge.
Information	This course is evaluated with an absolute evaluation system.

ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	2	28
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	0	0	0
Others	0	0	0
Final Exams	1	30	30
Total WorkLoad			114
Total workload/ 30 hr			3,8
ECTS Credit of the Course			4

CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS

	PQ1	PQ2	PQ3	PQ4	PQ5	PQ6	PQ7	PQ8	PQ9	PQ10
LO1	4	4	5	3	4	3	5	3	3	2
LO2	3	5	4	3	3	3	4	3	3	4
LO3	4	4	5	3	4	5	3	4	3	5
LO4	5	3	4	3	3	4	5	4	3	2
LO5	4	3	4	4	4	5	3	2	4	3
LO6	4	4	5	3	4	3	5	3	4	3

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High