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Course Description |
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Course Name |
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International Economics |
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Course Code |
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İKT 701 |
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Course Type |
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Optional |
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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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Spring (16 Weeks) |
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ECTS |
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6 |
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Name of Lecturer(s) |
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Assoc.Prof.Dr. FİKRET DÜLGER |
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Learning Outcomes of the Course |
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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
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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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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. |
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Course Contents |
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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. |
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Language of Instruction |
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Turkish |
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Work Place |
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Faculty classroom |
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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 |
Pure Theory of International Trade |
Reading course book and the notes |
Lecture |
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2 |
Pure Theory of International Trade |
Reading course book and the notes |
Lecture |
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3 |
Pure Theory of International Trade |
Reading course book and the notes |
Lecture |
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4 |
Pure Theory of International Trade |
Reading course book and the notes |
Lecture |
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5 |
Pure Theory of International Trade |
Reading course book and the notes |
Lecture |
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6 |
New Trade Theories |
Reading course book and the notes |
Lecture |
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7 |
Midterm |
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8 |
Protectionism on Foreign Trade |
Reading course book and the notes |
Lecture |
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9 |
Foreign Trade and Income Distribution |
Reading course book and the notes |
Lecture |
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10 |
Growth and International Trade |
Reading course book and the notes |
Lecture |
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11 |
Different Approaches to Foreign Trade |
Reading course book and the notes |
Lecture |
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12 |
Produce Trade |
Reading course book and the notes |
Lecture |
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13 |
The Major Puzzles in International Economics |
Reading course book and the notes |
Lecture |
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14 |
The Major Puzzles in International Economics |
Reading course book and the notes |
Lecture |
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15 |
The Major Puzzles in International Economics |
Reading course book and the notes |
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.
J.R. Markusen, J.R. Melvin, W.H. Kaemfer, K.E. Markus, International Trade, Theory and Evidence.
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| Required Course Material(s) |
Selected papers.
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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 |
Specifies the role of the market economy, the price advantage of the event. |
5 |
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2 |
Specifies the role of the price advantage in market economy |
5 |
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3 |
Applies the methods of economic analysis. |
5 |
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4 |
Takes responsibility individually and / or in a team,leads a team and works effectively |
1 |
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5 |
Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. |
0 |
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6 |
Builds, decodes and interprets models by using quantitative and qualitative techniques |
2 |
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7 |
Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required |
1 |
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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 |
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9 |
Explains the importance of demand and supply and the conditions of the market economy to work better |
4 |
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10 |
Faces with challenges, produces a numerical and policy options. |
2 |
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11 |
Uses the theory of economics in analyzing the economic events
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5 |
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12 |
With the awareness of the necessity of
life-long learning, follows the latest developments about his field and improves himself
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2 |
| * 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) |
16 |
3 |
48 |
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Out of Class Study (Preliminary Work, Practice) |
16 |
6 |
96 |
| 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: | 147 |
| Total Workload / 25 (h): | 5.88 |
| ECTS Credit: | 6 |
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