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  Course Description
Course Name : International Economics and World Trade

Course Code : DTK 775

Course Type : Compulsory

Level of Course : Second Cycle

Year of Study : 1

Course Semester : Fall (16 Weeks)

ECTS : 6

Name of Lecturer(s) : Prof.Dr. MURAT DOĞANLAR

Learning Outcomes of the Course : 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

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : 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

Course Contents : 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

Language of Instruction : Turkish

Work Place : Faculty classes


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 The comparative advantage theory, International trade theory, Analysis with Supply and Demand Factors The student will read the textbook Lecture
2 The comparative advantage theory, International trade theory, Analysis with Supply and Demand Factors (part 2) The student will read the textbook Lecture
3 The factor endowment theory The student will read the textbook Lecture
4 The product cycles hypothesis The student will read the textbook Lecture
5 The similarity in preferences theory The student will read the textbook Lecture
6 The monopolistic competition hypothesis, Neutral Trade Enhancer, Trade opposite way growth The student will read the textbook Lecture
7 Immiserizing growth The student will read the textbook Lecture
8 Midterm exam
9 Foreign trade policy and custom tariffs The student will read the textbook Lecture
10 Non-Tariff Trade Policy Tools The student will read the textbook Lecture
11 The liberailization of world trade, Globalization and Economic Merges The student will read the textbook Lecture
12 The EU, Exchange market analysis The student will read the textbook Lecture
13 External Balance of Payments Analysis The student will read the textbook Lecture
14 The adjustment mechanism of Balance of Payments, International Funds System The student will read the textbook Lecture
15 Multinational Corporations, external credit movements, Fiscal crisis and external liquidity The student will read the textbook Lecture
16/17 Final exam


  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
Required Course Material(s)


  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 Understands the importance of foreign trade for the country´s economy and businesses, can recognize, arrange and account documents used in international trade. 5
2 Knows about the regulations and transactions related to import and export, implements this knowledge by means of computer software packages. 5
3 Defines concepts related to the balance of payment and foreign exchange market. 3
4 Knows about alternative types of payment in international trade. 3
5 Is aware of the importance of quality and standardization in foreign trade, knows about insurance operations and tax practices in foreign trade. 2
6 Accounts foreign trade and cambio transactions. 3
7 Knows how to conduct research, is aware of professional ethics, and knows the methods used in commercial correspondence. 4
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).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 3 42
    Out of Class Study (Preliminary Work, Practice) 14 7 98
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: 143
Total Workload / 25 (h): 5.72
ECTS Credit: 6