Information Package

Program of International Trade and Finance

TBS316

WORLD ECONOMY AND INSTITUTIONAL STRUCTURE

Course Code
TBS316
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. Learn the foundations of the world economic system.
  2. Understand the fundamentals of the world trade system.
  3. Gain knowledge of the institutional structures that guide international trade.
  4. Understand the limitations within which states make commercial and economic decisions.
  5. Understand the functioning of international organizations.
  6. Become familiar with current debates in world trade.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course examines the factors such as globalization and regionalization that form the foundation of international organizations, including the Bretton Woods system and institutions like the International Monetary Fund, the World Bank and the World Trade Organization. Additionally, the course emphasizes the historical development, functioning, and objectives of these organizations.
Course Contents
WEEK TOPICS
1st Week Historical development of the global economy
2nd Week Analysis of mercantilism and classical international trade theories
3rd Week Post-classical international trade theories
4th Week The emergence of international organizations and the United Nations
5th Week The Bretton Woods system and World Bank
6th Week The Bretton Woods system and International Monetary Fund
7th Week Free trade and the World Trade Organization
8th Week Midterm exam
9th Week Issues faced by developing countries, the United Nations Conference on Trade and Development, the Organisation for Economic Co-operation and Development
10th Week Economic integration efforts and the European Union
11th Week Flexible exchange rate regimes, financialization, and their consequences
12th Week Currency and trade wars
13th Week Changing production systems and multinational corporations
14th Week Transformation of the global economy and the current status of international organizations
Recommended or Required ReadingParasız, İ. (2015). Uluslararası mali ve ekonomik kuruluşlar. Seçkin Yayıncılık.

Özen, Ç., & Tonus, Ö. (2013). Uluslararası örgütler. Anadolu Üniversitesi AÖF Yayınları.

Braudel, F. (2017). Kapitalizmin kısa tarihi (A. Çakır, Trans.). Say Yayınları.
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
Individual or group work 14 3 42
Preparation for Final exam 1 40 40
Course hours 14 3 42
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load146
Total Work Load / 30 (h)4.86
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1
K2
K3
K4
K5
K6
K7
K8 X X X X X X
K9
K10 X X X X X X