INTERNATIONAL TRADE AND ECONOMICS

ULT543

Course Code: ULT543
Semester: -
Theory+Practice: 3 + 0
ECTS: 10

Course Type

Elective Course

Course Level

Master's Degree Without Thesis

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

To be able to analyze international trade policies such as international trade theories (traditional and new) and tariffs, quotas, voluntary export restrictions.
To analyze existing international trade problems and evaluate alternatives proposals.
Understand the importance of creating trade policies and the effects of interventionist policies.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

Course Description

This course which is called International Economics and Trade deals with international trade policies in general as well as with the foreign trade policy and the applications of Turkey, specifically, regarding exporting, importing, free zones, foreign trade of services, practice of inward processing, defense and protection tools for foreign trade policy, international transportation and marketing activities. As known, international economics is a field of study that mainly consists of the essential components of international trade and international finance. Accordingly, theories that explain international trade and comparisons among these theories are being discussed. Similarly, basic subjects and historical development of international finance are also examined in this course.

Course Contents

WEEK	TOPICS
1^st Week	Karşılaştırmalı Üstünlükler Kuramı ve Ticaretten Doğan Kazanç
2^nd Week	Ekonomik Etkinlik ve Karşılaştırmalı Üstünlük
3^rd Week	Faktör Donanımı ve Karşılaştırmalı Üstünlük
4^th Week	Faktör İkamesi ve Geliştirilmiş Ricardian Model
5^th Week	Faktör İkamesi ve Heckscher-Ohlin Modeli
6^th Week	Eksik Rekabet ve Uluslararası Ticaret
7^th Week	Eksik Rekabet ve Uluslararası Ticaret
8^th Week	Ticaret ve Faktör Hareketliliği
9^th Week	Ara sınav
10^th Week	Ticaret ve Ekonomik Büyüme
11^th Week	Ticaret Politikası Araçları
12^th Week	Ticaret Politikası Kullanım Alanları
13^th Week	Stratejik Ticaret Politikası ve Yeni Korumacılık
14^th Week	Uluslararası Ticaretin Ekonomi Politiği

Recommended or Required Reading

Peter Kenen(2000), International Economy, Cambridge University Press, 4th edition.
Feenstra, R. C. (2004), Advanced International Trade: Theory and Evidence, Princeton: Princeton University Press
E. Helpman & P. Krugman (1987), Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International EconomyMIT Press, 6th edition.
Brander, J. (1995), ?Strategic Trade Polic?, in Grossman, G. and Rogoff, K. eds., Handbook of International Economics, Vol. II
Krugman ,P. Obstfeld, M. (2009) International Economics: Theory and Policy. 8th Edition, Pearson International Edition

Planned Learning Activities and Teaching Methods

Lecture
Discussion
Questions/Answers
Report Preparation
Presentation

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	25
Project	1	25
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	4	4
Preparation for Quiz
Individual or group work	1	40	40
Preparation for Final exam	1	30	30
Course hours	14	3	42
Preparation for Midterm exam	1	10	10
Laboratory (including preparation)
Final exam	1	5	5
Homework	4	30	120
Presentation (including preperation)	1	50	50
Total Work Load			301
Total Work Load / 30 (h)			10.03
ECTS Credit of the Course			10

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3
K1
K2
K3	X	X	X
K4
K5
K6
K7
K8
K9
K10