Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| FINANCE PR. | |
| Code | IKS316 |
| Name | Internatonal Economics II |
| Term | 2021-2022 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FİKRET DÜLGER |
| Course Instructor |
Doç. Dr. YELDA TEKGÜL
(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-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 | Bilgi - Kuramsal, Olgusal | Explains basic conceptual information about economy and finance | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | The departments of finance, law, economics, public administration, business administration and accounting have the necessary qualifications for the public and private sectors. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Analyses the basic conceptual knowledge about economics and finance in the context of current economic and financial developments. | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Synthesises the information obtained from different sources within the framework of academic rules in the field of research | 5 |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Works effectively individually and/or in a team. | |
| PLO06 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field. | 4 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Apart from the traditional approach, it develops new working methods when deemed necessary. | |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Turkish and at least one foreign language is used in accordance with the needs of academic life and business life | |
| PLO09 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses herself orally and in writing | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | To be able to collect and analyse data from different sources by using contemporary communication tools, methods and processes | 4 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Having basic computer knowledge and skills, uses this information in the professional field. | |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Explains the duties, authority and functioning of public financial institutions | 4 |
| PLO13 | Yetkinlikler - Alana Özgü Yetkinlik | Explains job descriptions and responsibilities of professionals in the field of finance | |
| PLO14 | Yetkinlikler - Alana Özgü Yetkinlik | Have social, scientific and 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 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
| 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 | ||