ECO312
INTERNATIONAL ECONOMICS II
- Course Code
- ECO312
- Semester
- Sixth Term (Spring)
- Theory+Practice
- 3 + 0
- ECTS
- 5
| Course Type | Compulsory Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | 3 |
|---|
| Semester | Sixth Term (Spring) |
|---|
| ECTS | 5 |
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| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Defines the concepts of international finance.
- Discuss macroeconomic events and problems in an environment where there is international flow of capital and goods.
- Interpret an economy's balance of payments.
- Examine the functioning of foreign exchange markets and their interaction with the real economy.
- Compare different international monetary systems.
- Evaluate macroeconomic policies under different exchange rate regimes.
- Discuss the international problems that arise with financial globalization.
|
| Mode of Delivery | Face to face |
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| Prerequisites | No |
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| Recommended Optional Programme Components | None |
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| Course Description | This course focuses on explaining and examining the basic concepts of international finance. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
National Income Accounting |
|
2nd Week |
The Balance of Payments Accounts |
|
3rd Week |
Exchange Rates and International Transactions |
|
4th Week |
The Foreign Exchange Market and The Demand for Foreign Currency Assets |
|
5th Week |
Interest Rates, Expectations and Equilibrium in the Foreign Exchange Market |
|
6th Week |
Individual Money Demand and Aggregate Money Demand |
|
7th Week |
Midterm |
|
8th Week |
Money, the Price Level and the Exchange Rate |
|
9th Week |
Money, the Price Level and the Exchange Rate Cont'd. |
|
10th Week |
Money, the Price Level and the Exchange Rate in the Long Run |
|
11th Week |
A General Model of Long-Run Exchange Rate |
|
12th Week |
Output and Exchange Rate in the Short-Run |
|
13th Week |
Fixed Exchange Rates and Foreign Exchange Intervention |
|
14th Week |
International Monetary Systems |
|
| Recommended or Required Reading | Krugman, Paul R., Maurice Obstfeld, International Economics, Theory ve Policy, Sixth edition, Pearson/Addison Wesley, 2003. |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Quiz |
2 |
15 |
| Total(%) |
|
55 |
| Contribution of In-term Studies to Overall Grade(%) |
|
55 |
| Contribution of Final Examination to Overall Grade(%) |
|
45 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
2 |
2 |
| Preparation for Quiz |
2 |
5 |
10 |
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
22 |
22 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
2 |
2 |
| Homework |
0 |
0 |
0 |
| Quiz |
2 |
1 |
2 |
| Total Work Load | 142 |
| Total Work Load / 30 (h) | 4.73 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
Programme Qualifications / Learning Outcomes
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LO1 |
LO2 |
LO3 |
LO4 |
LO5 |
LO6 |
LO7 |
| K1 |
X |
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X |
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X |
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| K2 |
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X |
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X |
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X |
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| K3 |
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X |
X |
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X |
| K4 |
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X |
X |
X |
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X |
| K5 |
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X |
X |
X |
X |
X |
X |
| K6 |
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| K7 |
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X |
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X |
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| K8 |
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X |
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X |
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X |
X |
| K9 |
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| K10 |
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X |
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X |
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| K11 |
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| K12 |
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| K13 |
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X |
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X |
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X |
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