COURSE UNIT TITLE

: INTERNATIONAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 3009 INTERNATIONAL ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR NAGEHAN KESKIN

Offered to

Econometrics
Public Administration
Econometrics
Public Finance
Public Finance
Public Administration

Course Objective

The aim of this course is to examine the theories which explaining why countries are doing foreign trade and changes in income and monetary approach which arise result of these theories.

Learning Outcomes of the Course Unit

1   To be able to explain why countries do foreign trade.
2   To be able to explain the basic real foreign trade theories.
3   To be able to assess contribution of schools economics and economists to real foreign trade theory.
4   To be able to explain the formation of equilibrium from the real point of view in closed and open economy.
5   To be able to analyze whether explanatory power of the real foreign trade theorie's events
6   To be able to assess if countries do foreing trade, thier welfare will increase or not.
7   To be able to analyze the effects of trade policies.
8   To be able to explain approaches which necessary for the analysis of the development of the international monetary and financial relations

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Scope of International Economics
2 The firs view about Foreing Trade
3 Classical Theory of International Trade
4 Explanation of the Theory of Foreign Trade with Transformation Curves
5 Explanation of the Theory of International Trade with Offer Curves
6 Explanation of Trade Theory with Social Indifference Curves
7 Heckscher-Ohlin Theorem
8 Midterm Exam
9 Midterm Exam
10 Theorems derived from the Heckscher-Ohlin Model, and the Leontief Paradox
11 New Theories Explaining Foreign Trade
12 Foreign Trade Policy
13 Balance of Payments
14 The Foreign Exchange Market

Recomended or Required Reading

Main References:
- M. Sadık Acar, Uluslar arası Reel Ticaret: Teori, Politika, DEÜ Yayınları.
- Erdoğan Alkin, Uluslararası Ekonomik Ilişkiler, Filiz Kitabevi Istanbul 1990.
- Halil Seyidoglu, Uluslararası Iktisat, Teori, Politika ve Uygulama, Güzem Yayınları
- Rıdvan Karluk, Uluslararası Ekonomi, Teori, Politika, Sistem Kurumlar, Meta Yayın
- Dominik Salvatore, International Economics, Macmillian,1983.

Supplementary Reference:
- Miltiades Chacholiades, International Trade Theory and Policy, New York, Mc Graw-Hill 1978.
- Charles P. Kindlebreger, International Economics, Richard D. Irwin, Inc. Homewood, Illinois, 1968.
- Erdal Ünsal, Uluslararası Iktisat, Açık Makro Iktisat, Teori ve Politika, Imaj Yay. 2005

Planned Learning Activities and Teaching Methods

Explains the basic theories about the theory of international economics in the course. The course aim to provide ability of analyze to students with exemplify the explanatory power events in the these theories. After processing each subject at least ten questions on the subject asking to student for controlling student understood and agreed the topic.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparation for midterm exam 1 6 6
Preparation for final exam 1 10 10
Reading 10 3 30
Preparations before/after weekly lectures 12 3 36
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 120

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12
LO.111
LO.21
LO.3
LO.4
LO.5
LO.611
LO.7
LO.8111

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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