TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOZ301 |
| Name | International Economics I |
| Term | 2017-2018 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FİKRET DÜLGER |
| Course Instructor |
NEJAT ERK
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The purpose of this course is to introduce basic theories of international trade and the effects of international economic policies on domestic and world welfare
Course Content
- Ricardian Model - Heckscher-Ohlin Model -Increasing Returns And Monopolistic Competition - International Trade And Growth - International Trade Policy
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain the reasons for international trade |
| LO02 | Understand the basic concepts and theories of international trade |
| LO03 | Be familiar with the role of economic agents in the economy |
| LO04 | Criticize the world trading system and the role of underdeveloped countries by considering the interaction between international trade and growth |
| LO05 | Discuss and compare alternative trade policies for economic growth and development |
| LO06 | Evaluate international economic problems and issues |
| LO07 | Be familiar with the economic integration |
| LO08 | Follow and interpret international economic indicators |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 5 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction of International Economics | Relevant chapter | |
| 2 | Historical Background for International Trade Theories | Relevant chapter | |
| 3 | Classical Trade Theories: Absolute Advantages, Comparative Advantages | Relevant chapter | |
| 4 | Offer Curves and Terms of Trade | Relevant chapter | |
| 5 | Alternative Cost and Gains from Trade | Relevant chapter | |
| 6 | Factor Endowments Theorem | Relevant chapter | |
| 7 | New Models in International Trade | Relevant chapter | |
| 8 | Midterm exam | ||
| 9 | Relations between Foreign Trade and Economic Growth | Relevant chapter | |
| 10 | Foreign trade policy | Relevant chapter | |
| 11 | The Instruments of Trade Policy: Tariff | Relevant chapter | |
| 12 | Other Instruments of Trade Policy: Nontariff Barriers | Relevant chapter | |
| 13 | Arguments for Interventionist Trade Policies | Relevant chapter | |
| 14 | The Political Economy of Trade Policy | Relevant chapter | |
| 15 | Repetition | Relevant chapter | |
| 16 | Final exam | ||
| 17 | Final exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||