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Course Description |
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Course Name |
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International Economics and World Trade |
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Course Code |
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DTK 775 |
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Course Type |
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Compulsory |
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Level of Course |
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Second Cycle |
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Year of Study |
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1 |
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Course Semester |
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Fall (16 Weeks) |
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ECTS |
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6 |
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Name of Lecturer(s) |
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Prof.Dr. MURAT DOĞANLAR |
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Learning Outcomes of the Course |
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Knows the basics of international trade theory Understands the logic of the liberalization of world trade Examines globalization and the economic unions Knows about topics such as International funds system, Multi-national corporations and external credit movements
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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The objectives of this course are to examine the basics of international trade and to give information about the progress in world trade and the economy of international trade |
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Course Contents |
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The comparative advantage theory, International trade theory, Analysis with Supply and Demand Factors, The factor endowment theory, The product cycle hypothesis, The similar preferences theory, The monopolistic competition hypothesis, Neutral Trade Enhancer, Trade opposite way growth, Immiserizing growth, Foregin trade policy and custom tariffs, Non-Tariff Trade Policy Tools, The liberailization of world trade, Globalization and Economic Merges, The EU, Exchange market analysis, External Balance of Payments Analysis, the metacenter of Balance of Payments, International Funds System, Multinational Companies, external credit movements, Fiscal crisis and external liquidity |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty classes |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
The comparative advantage theory, International trade theory, Analysis with Supply and Demand Factors |
The student will read the textbook |
Lecture |
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2 |
The comparative advantage theory, International trade theory, Analysis with Supply and Demand Factors (part 2) |
The student will read the textbook |
Lecture |
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3 |
The factor endowment theory |
The student will read the textbook |
Lecture |
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4 |
The product cycles hypothesis |
The student will read the textbook |
Lecture |
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5 |
The similarity in preferences theory |
The student will read the textbook |
Lecture |
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6 |
The monopolistic competition hypothesis, Neutral Trade Enhancer, Trade opposite way growth |
The student will read the textbook |
Lecture |
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7 |
Immiserizing growth |
The student will read the textbook |
Lecture |
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8 |
Midterm exam |
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9 |
Foreign trade policy and custom tariffs |
The student will read the textbook |
Lecture |
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10 |
Non-Tariff Trade Policy Tools |
The student will read the textbook |
Lecture |
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11 |
The liberailization of world trade, Globalization and Economic Merges |
The student will read the textbook |
Lecture |
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12 |
The EU, Exchange market analysis |
The student will read the textbook |
Lecture |
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13 |
External Balance of Payments Analysis |
The student will read the textbook |
Lecture |
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14 |
The adjustment mechanism of Balance of Payments, International Funds System |
The student will read the textbook |
Lecture |
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15 |
Multinational Corporations, external credit movements, Fiscal crisis and external liquidity |
The student will read the textbook |
Lecture |
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16/17 |
Final exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
Şiir Erkök Yılmaz, Dış Ticaret Kuramlarının Evrimi
Halil Seyidoğlu, Uluslararası İktisat, Teori Politika ve Uygulama
Choosen articles
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| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
100 |
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Homeworks/Projects/Others |
0 |
0 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Understands the importance of foreign trade for the country´s economy and businesses, can recognize, arrange and account documents used in international trade. |
5 |
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2 |
Knows about the regulations and transactions related to import and export, implements this knowledge by means of computer software packages. |
5 |
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3 |
Defines concepts related to the balance of payment and foreign exchange market. |
3 |
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4 |
Knows about alternative types of payment in international trade. |
3 |
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5 |
Is aware of the importance of quality and standardization in foreign trade, knows about insurance operations and tax practices in foreign trade. |
2 |
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6 |
Accounts foreign trade and cambio transactions. |
3 |
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7 |
Knows how to conduct research, is aware of professional ethics, and knows the methods used in commercial correspondence. |
4 |
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8 |
Interprets developments and economic crises in the world and in Turkish economy, follows the European Union-Turkey relations, knows about the international economic and financial organizations |
5 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
3 |
42 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
7 |
98 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
1 |
1 |
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Final Exam |
1 |
2 |
2 |
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Total Workload: | 143 |
| Total Workload / 25 (h): | 5.72 |
| ECTS Credit: | 6 |
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