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  Course Description
Course Name : International Economics I

Course Code : EC 301

Course Type : Compulsory

Level of Course : First Cycle

Year of Study : 3

Course Semester : Fall (16 Weeks)

ECTS : 5

Name of Lecturer(s) : Prof.Dr. MURAT DOĞANLAR
Assoc.Prof.Dr. FİKRET DÜLGER
Assoc.Prof.Dr. HARUN BAL

Learning Outcomes of the Course : Learn historical and methodological development of international trade relations.
Be able to make foreign trade theory and economic growth analyses.
Reveal restrictive policies and foreign trade and their economic consequences.
Understand the international trade agreements and economic integrations.
Understand and interpret current economic issues related to international trade.

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 framework of analysis, but they will be applied to a different model which includes at least two countries.

Language of Instruction : Turkish

Work Place : Classroom


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Introduction, The World of International Economics Relevant chapter Lecture
2 The Classical World of David Ricardo and Comparative Advantage Relevant chapter Lecture
3 Models with two countries and more than two commodities. Relevant chapter Lecture
4 Supply and demand models Relevant chapter Lecture
5 Factor endowments and the Heckscher-Ohlin model Relevant chapter Lecture
6 Foreign trade theory and economic growth analyses Relevant chapter Lecture
7 Foreign trade policy Relevant chapter Lecture
8 Mid-term prepare to exam written exam
9 The Impact of Trade Policies: Import tariffs, import quota and a subsidy to import-competing production, export policies Relevant chapter Lecture
10 The Impact of Trade Policies: Import tariffs, import quota and a subsidy to import-competing production, export policies Relevant chapter Lecture
11 Economic Integration: types, the static and dynamic effects Relevant chapter Lecture
12 Offer curves and the Terms of Trade Relevant chapter Lecture
13 International Trade agreements Relevant chapter Lecture
14 International trade and developing countries Relevant chapter Lecture
15 Review None Lecture, Problem-solving
16/17 Final Exam prepare to exam written exam


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  Seyidoğlu, Halil (2009), Uluslararası İktisat, Güzem Yayınları, İstanbul.
 Russell Roberts: Tercih: Bir Serbest Ticaret Korumacılık Öyküsü, Liberte Yayınları, Ankara, 2001.
 N.Emrah Aydınonat: Modern Uluslararası İktisat Teorisinin Kökenleri, Siyasal Kitabevi, Ankara 2007.
Required Course Material(s)


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 60
    Homeworks/Projects/Others 2 40
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 Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 5
2 Define the role of pricing within the event advantage of the market economy. 4
3 Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 4
4 Perceive the costs and benefits arising from the global economy 5
5 Produce numerical and policy options when confronted with problems. 3
6 Use quantitative and qualitative techniques of model building, decoding and interpretation. 4
7 Use the theory of economics in the analysis of economic events. 4
8 Use computer programs, do synthesis and present prepared data efficiently. 4
9 Apply the methods of economic analysis. 2
10 Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 4
11 Take responsibility individually and / or in a team, take leadership and work effectively. 5
12 Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 5
13 Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 5
14 Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 1
15 Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 1
16 Question traditional attitudes, applications and methods, develop and apply new methods when needed. 2
17 Recognize and apply social, scientific and professional ethical values. 1
* 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 4 56
    Out of Class Study (Preliminary Work, Practice) 14 4 56
Assesment Related Works
    Homeworks, Projects, Others 2 2 4
    Mid-term Exams (Written, Oral, etc.) 1 2 2
    Final Exam 1 2 2
Total Workload: 120
Total Workload / 25 (h): 4.8
ECTS Credit: 5