TÜRKÇE
ENGLISH
Information
Course Goal / Objective
To complete the picture of the real aspect of international economics and by analyzing the monetary aspects of the theory of international trade, analyze to the Turkey's foreign trade policy, exchange rate policies and current account deficit
Course Content
Balance of Payments-Analysis of Exchange Rate Markets and Approaches to Explain The Exchange Rate-External Balance- National Income Changes and Other Mechanisms-InternationalMonetarySystem-Money, Finance and Exchange Rate Policy Analyzes in Open Economies-Internaland External Economic Balance-Macroeconomic Equilibrium with Total Demand and Total Supply Model in Open Economies
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | To understand the issues of liberalization of world trade and economic integration |
| LO02 | To be able to demonstrate the aims of the European Union |
| LO03 | To be understand and analyze the Turkey'sforeign trade structure |
| LO04 | To understand the balance of payments |
| LO05 | To understand the internaland external equalization |
| LO06 | To understand the exchange rate market and systems |
| LO07 | To be able to discuss the effects of different exchange rate policies |
| LO08 | To be able to understand the relationship between international economicsand economic development of a country |
| LO09 | To be able to analyze Turkey's current deficit problem with its reasons |
| LO10 | To be able to introduce of the international monetary system and its development |
| LO11 | To be able to interpret the international capital flow |
| LO12 | To be able to demonstrate the reasons of international technology transfer and labor |
| LO13 | To be able to examine macroeconomic policy analysis in open economies |
| LO14 | To understand the macro-economic equilibrium in open economies |
| LO15 | To be able to interpret today's economies |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Having basic conceptual knowledge about economics and public finance and educating students who are able to analyze economic events in the light of this information, to think analytically, to work in cooperation and harmony, and to be able to do business. | 3 |
| PLO02 | - | Collecting and commenting data from different sources using contemporary communication tools, methods and processes | 1 |
| PLO03 | - | Having basic computer skills and knowledge, the vocational field uses this information | 1 |
| PLO04 | - | Perform numerical and statistical data aggregation, analysis and interpretation | 1 |
| PLO05 | - | Individually and / or in a team, take responsibility, leadership, and effectively works | 1 |
| PLO06 | - | An area he does not research exploits from different sources in the framework of academic rules, synthesizes the information he obtains and effectively presents it | 3 |
| PLO07 | - | Awareness of the necessity of life-long learning, it follows up-to-date developments in the field and constantly innovates | 1 |
| PLO08 | - | Synthesize and effectively deliver information from an unfamiliar field to other sources in the framework of academic rules | 4 |
| PLO09 | - | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | 1 |
| PLO10 | - | Uses Turkish in accordance with the needs of academic life and business life | 4 |
| PLO11 | - | He / she correctly understands the feelings, thoughts and behaviors of the people concerned and expresses himself / herself in writing and orally | 1 |
| PLO12 | - | It has social, scientific and ethical values in the stages of collecting, interpreting and announcing the data related to the scientific fields in which statistics are used. | 1 |
| PLO13 | - | Aware of and act in accordance with social, scientific and professional ethical values | 0 |
| PLO14 | - | Question traditional approaches, practices and methods, develop new working methods where necessary and | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The Balance of Payments | Relevant chapter | |
| 2 | Analysis of Foreign Exchange Market | Relevant chapter | |
| 3 | Exchange Rates, Interest Rates, and Interest Rate Parity | Relevant chapter | |
| 4 | Exchange Rate Theories | Relevant chapter | |
| 5 | Balance of Payments:Exchange Rate and Price Mechanism | Relevant chapter | |
| 6 | Balance of Payments Stabilization Policies: National Income and Other Mechanisms | Relevant chapter | |
| 7 | Relations Between Foreign Trade Policies and Economic Development | Relevant chapter | |
| 8 | Mid-Term Exam | ||
| 9 | International Monetary Systems | Relevant chapter | |
| 10 | International Monetary Systems | Relevant chapter | |
| 11 | International institutions: IMF, World Bank etc. | Relevant chapter | |
| 12 | International trade and development | Relevant chapter | |
| 13 | Open-Economy Macroeconomic Policy and Adjustment | Relevant chapter | |
| 14 | Open-Economy Macroeconomic Policy and Adjustment | Relevant chapter | |
| 15 | Repetition and Evaluation | Relevant chapter | |
| 16 | Term Exams | ||
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
| 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 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||