| Course Type | Elective Course |
| Course Level | Bachelor's Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Understand the reasons for the emergence of economic institutions in the world economy and the structural development of trade
- Understand the position of international organizations in world trade
- Learn how regional blocks affect world trade.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | ECON207,ECON216 |
| Course Description | This course focuses on understanding the functioning of world trade from history to the present. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction: World economy |
|
2nd Week |
Financialization of economies |
|
3rd Week |
Absolute and comparative advantage |
|
4th Week |
Critical approaches to theories of international trade |
|
5th Week |
Foreign trade policy |
|
6th Week |
International economic organizations |
|
7th Week |
Midterm |
|
8th Week |
World Trade Orgnaization |
|
9th Week |
Trade and balance of payments |
|
10th Week |
Contemporary Free Trade Agreements |
|
11th Week |
World Trade System and Regionalization |
|
12th Week |
Digitalization and e-commerce |
|
13th Week |
Asian Economies and BRICS |
|
14th Week |
Turkey Foreign Trade Overview |
|
| Recommended or Required Reading | Volkan Özdemir, Yenilenen Dünya Eskimeyen Türkiye: Ekonomik Krizler Politik Çözümler, Destek Yayınları 2019
James Gerber, Uluslararası İktisat (Nihal Tuncer Terregrossa Ed. Çev.) Nobel 2017
|
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Attendance |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
0 |
0 |
0 |
| Individual or group work |
14 |
4 |
56 |
| Preparation for Final exam |
1 |
30 |
30 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
1 |
1 |
| Homework |
1 |
1 |
1 |
| Total Work Load | 151 |
| Total Work Load / 30 (h) | 5.03 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |