| Economics (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code: | ECO403 | ||||
| Course Name: | International Economics | ||||
| Semester: | Fall | ||||
| Course Credits: |
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| Language of instruction: | English | ||||
| Course Condition: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Compulsory Courses | ||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||
| Course Coordinator: | Doç. Dr. AYFER USTABAŞ | ||||
| Course Lecturer(s): |
Doç. Dr. AYFER USTABAŞ |
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| Course Assistants: |
| Course Objectives: | This course provides the ability to analyze the effects of international trade theories and policies on the world economy. It also focuses on differences and similarities among countries and regions by examining international financial movements and the consequences of globalization. In short, the course explains how international trade changes depending on time, geography, socio-economic events and domestic and foreign policies of countries. |
| Course Content: | Introduction to International Economy, Classical Foreign Trade Theories, Supply and Demand Models in International Trade Theory, New Models for Explaining International Trade, International Trade Policies, International Trade Intervention Non-Tariff Vehicles, Customs Tariffs, International Trade Policies and Economic Development, Liberalization of World Trade and International Factor Mobility, Financial Crises, International Monetary Systems, European Union Latin America, BRIC and East Asian Countries. |
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The students who have succeeded in this course;
1) Comprehend the theories of international economy basically. 2) Have information about international economic policies. 3) Understand the role of international trade in economic development. 4) Have knowledge about international factor mobility. 5) Analyze the economic situation of different country groups. |
| Week | Subject | Related Preparation |
| 1) | Introduction to International Economy | |
| 2) | Classical Foreign Trade Theories | |
| 3) | Supply and Demand Models in International Trade Theory | |
| 4) | New Models for Explaining International Trade | |
| 5) | International Trade Policies | |
| 6) | Tariffs | |
| 7) | Intervention to International Trade - Non-Tariff Tools | |
| 8) | MIDTERM | |
| 9) | International Trade Policies and Economic Development | |
| 10) | Liberalization of World Trade and International Factor Mobility | |
| 11) | International Monetary Systems | |
| 12) | Financial Crises | |
| 13) | European Union Latin America, BRIC and East Asian Countries | |
| 14) | Homework Presentation and Submission |
| Course Notes / Textbooks: | International Economics: Theory & Policy; Krugman, Obstfeld and Melitz; 9th Edition |
| References: | Lecture Notes |
| Course Learning Outcomes | 1 |
2 |
3 |
4 |
5 |
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| Program Outcomes | |||||||||||||
| 1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 1 | 1 | 1 | 1 | 1 | ||||||||
| 2) They have knowledge and skill about different functions and interactions of economy. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 3) They use different theoretical approaches to comprehend and solve various economic problems. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 4) They are aware of the needs of society and use their knowledge of economics to meet these needs. | 2 | 2 | 2 | 2 | 2 | ||||||||
| 5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 1 | 1 | 1 | 1 | 1 | ||||||||
| 8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. | 1 | 1 | 1 | 1 | 1 | ||||||||
| 9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 2 | 2 | 2 | 2 | 2 | ||||||||
| 10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. | 3 | 3 | 3 | 3 | 3 | ||||||||
| 12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. | 2 | 2 | 2 | 2 | 2 | ||||||||
| 13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . | 1 | 1 | 1 | 1 | 1 | ||||||||
| No Effect | 1 Lowest | 2 Average | 3 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 1 |
| 2) | They have knowledge and skill about different functions and interactions of economy. | 3 |
| 3) | They use different theoretical approaches to comprehend and solve various economic problems. | 3 |
| 4) | They are aware of the needs of society and use their knowledge of economics to meet these needs. | 2 |
| 5) | They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 3 |
| 6) | They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 3 |
| 7) | Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 1 |
| 8) | They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. | 1 |
| 9) | They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 2 |
| 10) | They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 3 |
| 11) | Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. | 3 |
| 12) | They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. | 2 |
| 13) | They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . | 1 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Quizzes | 2 | % 20 |
| Homework Assignments | 1 | % 15 |
| Midterms | 1 | % 30 |
| Final | 1 | % 35 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 65 | |
| PERCENTAGE OF FINAL WORK | % 35 | |
| total | % 100 | |
| Activities | Number of Activities | Preparation for the Activity | Spent for the Activity Itself | Completing the Activity Requirements | Workload | ||
| Course Hours | 14 | 1 | 3 | 56 | |||
| Homework Assignments | 1 | 10 | 1 | 11 | |||
| Quizzes | 2 | 5 | 1 | 12 | |||
| Midterms | 1 | 20 | 1 | 21 | |||
| Final | 1 | 25 | 1 | 26 | |||
| Total Workload | 126 | ||||||