Information Package

ECO447

WORLD TRADE SYSTEM

Course Code
ECO447
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. will learn the tools for analysing international trade
  2. will learn the models of international trade
  3. will learn the tools of international trade policy
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme Components
Course DescriptionThe course is about understanding the patterns of international trade
Course Contents
WEEK TOPICS
1st Week Introduction to International Trade
2nd Week Tools of Analysis For International Trade
3rd Week The Classical Model of International Trade
4th Week The Classical Model of International Trade
5th Week The Heckser Ohlin Model
6th Week The Heckser Ohlin Model
7th Week Mid Term Exam
8th Week Tests of Trade models:The Leontief Paradox
9th Week Tests of Trade models:The Leontief Paradox
10th Week Tariffs
11th Week Non Tariff Barriers
12th Week Commercial Policy: History and Practice
13th Week Preferential Trade Agreements
14th Week Preferential Trade Agreements
Recommended or Required ReadingHusted, S., & Melvin, M. (1995). International economics New York.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
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 Load151
Total Work Load / 30 (h)5.03
ECTS Credit of the Course5
Language of InstructionEnglish
Work Placement(s)No
LO1 LO2 LO3
K1 X
K2
K3 X
K4 X
K5 X
K6
K7
K8 X
K9
K10 X
K11
K12
K13