TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOZ302 |
| Name | International Economics II |
| Term | 2019-2020 Academic Year |
| Semester | 6. 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 |
TANER TURAN
(Bahar)
(A Group)
(Ins. in Charge)
|
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-International Monetary System-Money, Finance and Exchange Rate Policy Analyzes in Open Economies-Internal and 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's foreign trade structure. |
| LO04 | To understand the balance of payments. |
| LO05 | To understand the internal and 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 | Understand the relationship between international economics and 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 flows |
| 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 | - | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 4 |
| PLO02 | - | Define the role of pricing within the event advantage of the market economy | 4 |
| PLO03 | - | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 4 |
| PLO04 | - | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | - | Produce nymerical and policy options when confronted with problems | 4 |
| PLO06 | - | Use quantitative and qualitative techniques of model building, decoding and interpretation | 2 |
| PLO07 | - | Use the theory of economics in the analysis of economic events | 4 |
| PLO08 | - | Use computer programs, do synthesis and present prepared data efficiently | 2 |
| PLO09 | - | Apply the methods of economic analysis. | 4 |
| PLO10 | - | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | - | Take responsibility individually and/or in a team, take leadership and work effectively | 3 |
| PLO12 | - | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 4 |
| PLO13 | - | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 4 |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 3 |
| PLO15 | - | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 4 |
| PLO16 | - | Question traditional attitudes, applications and methods, develop and apply new methods when needed. | 4 |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | 4 |
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 Banking , Debt and Risk | 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
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 20 |
| General Assessment | ||
| Midterm / Year Total | 100 | 20 |
| 1. Final Exam | - | 80 |
| 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 | ||