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  Course Description
Course Name : International Economics

Course Code : İKT 701

Course Type : Optional

Level of Course : Second Cycle

Year of Study : 1

Course Semester : Spring (16 Weeks)

ECTS : 6

Name of Lecturer(s) : Assoc.Prof.Dr. FİKRET DÜLGER

Learning Outcomes of the Course : Explanation of classical and neoclassical trade theory
Understanding trade liberalization and the impact of prosperity
Explanation of the new trade theory
Explanation of foreign exchange rates
Explanation of purchasing power parity and the exchange rate regimes

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : This course aims to help students to perceive international awareness of the role of international issues and to have an understanding about new events and developments by using international trade and policies effectively in international economic and political extent. In this context, the reasons of international trade will be analysed by using different theories. The framework initially will use free trade perception and afterwards, the effects of interventional policies will be tried to explain.

Course Contents : The course includes all economic events, relations and developments between different countries. In this course, principally, micro- and macro- methods will be used in the framework of analysis, but they will be applied to a different model which includes at least two countries. Then it includes; The classical theory of foreign trade and its extensions; comparative costs; factor proportions and comparative advantages; further developments and empirical verifications; factor-price equalization, income distribution and gains from trade tariff theory and trade policy.

Language of Instruction : Turkish

Work Place : Faculty classroom


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Pure Theory of International Trade Reading course book and the notes Lecture
2 Pure Theory of International Trade Reading course book and the notes Lecture
3 Pure Theory of International Trade Reading course book and the notes Lecture
4 Pure Theory of International Trade Reading course book and the notes Lecture
5 Pure Theory of International Trade Reading course book and the notes Lecture
6 New Trade Theories Reading course book and the notes Lecture
7 Midterm
8 Protectionism on Foreign Trade Reading course book and the notes Lecture
9 Foreign Trade and Income Distribution Reading course book and the notes Lecture
10 Growth and International Trade Reading course book and the notes Lecture
11 Different Approaches to Foreign Trade Reading course book and the notes Lecture
12 Produce Trade Reading course book and the notes Lecture
13 The Major Puzzles in International Economics Reading course book and the notes Lecture
14 The Major Puzzles in International Economics Reading course book and the notes Lecture
15 The Major Puzzles in International Economics Reading course book and the notes Lecture
16/17 Final Exam


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  Şiir Erkök Yılmaz, Dış Ticaret Kuramlarının Evrimi.
 J.R. Markusen, J.R. Melvin, W.H. Kaemfer, K.E. Markus, International Trade, Theory and Evidence.
Required Course Material(s)  Selected papers.


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 100
    Homeworks/Projects/Others 0 0
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 Specifies the role of the market economy, the price advantage of the event. 5
2 Specifies the role of the price advantage in market economy 5
3 Applies the methods of economic analysis. 5
4 Takes responsibility individually and / or in a team,leads a team and works effectively 1
5 Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. 0
6 Builds, decodes and interprets models by using quantitative and qualitative techniques 2
7 Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required 1
8 Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. 2
9 Explains the importance of demand and supply and the conditions of the market economy to work better 4
10 Faces with challenges, produces a numerical and policy options. 2
11 Uses the theory of economics in analyzing the economic events 5
12 With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself 2
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 16 3 48
    Out of Class Study (Preliminary Work, Practice) 16 6 96
Assesment Related Works
    Homeworks, Projects, Others 0 0 0
    Mid-term Exams (Written, Oral, etc.) 1 1 1
    Final Exam 1 2 2
Total Workload: 147
Total Workload / 25 (h): 5.88
ECTS Credit: 6