| 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;
- Recognize the fundamental concepts in international economics.
- Understand the theoretical framework and application methods of international economics.
- Grasp how gains from trade are generated within the context of theoretical models.
- Learn about alternative theories of international trade.
- Examine international factor movements and their effects on income distribution.
- Acquire knowledge of international economic policy theories, tariff analysis, and the cost-benefit analysis of tariff implementation.
- Analyze trade policies in developing countries within the framework of protectionism and the infant industry thesis.
- Evaluate the implications of Turkiye-EU relations and the customs union process in practice.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course covers topics related to international economics, consisting of both international trade and international finance. International trade theories and their comparative analysis will be explored in depth. The course also includes the fundamental topics of international finance and its historical development. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Basic concepts of international economics |
|
2nd Week |
Institutional framework: Ricardo model |
|
3rd Week |
Two-factor model |
|
4th Week |
Alternative trade theories: technology, demand-side, and product differentiation |
|
5th Week |
Alternative trade theories: technology, demand-side, and product differentiation |
|
6th Week |
Imperfect competition and international trade |
|
7th Week |
Imperfect competition and international trade |
|
8th Week |
Midterm exam |
|
9th Week |
International factor mobility |
|
10th Week |
International economic policy theory: policy tools |
|
11th Week |
International economic policy theory: policy tools |
|
12th Week |
Protectionism theory and the infant industry approach |
|
13th Week |
Turkey-EU integration and customs union |
|
14th Week |
General evaluation |
|
| Recommended or Required Reading | Krugman, P., & Obstfeld, M. (2012). International economics: Theory and policy (8th ed.). Boston: Pearson Addison-Wesley.
|
|---|
| 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 |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
