COURSE UNIT TITLE

: INTERNATIONAL TRADE POLICY

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 6032 INTERNATIONAL TRADE POLICY ELECTIVE 3 0 0 7

Offered By

Economics

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR AYŞE DILEK SEYMEN

Offered to

Economics

Course Objective

It is aimed for students to learn interaction among the international trade policy, development and foreign trade policy by following original papers and actual literature.

Learning Outcomes of the Course Unit

1   To be able to search the reasons of protectionist theories against free trade theories.
2   To be able to learn basic policy tools affecting the structure of foreign trade.
3   To be able to compare the effects of foreign trade policies applied.
4   To be able to evaluate the relation between development and foreign trade.
5   To be able to examine and discuss by following actual literature as to the international trade system and foreign trade policy.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and Discussion on The Method of The Course
2 Free Trade and Protectionism: Tariffs and Non-tariff Barriers
3 Alternative Analyzing Methods of Tariffs: General Equilibrium and Partial Equilibrium Analyses
4 Expansion of the Theory: Metzler Paradox
5 Lerner's Symmetry Theorem, Effective Rate of Protection
6 Wealth in Open Economies: Gains from Trade, Welfare Losses
7 Free Trade-Fair Trade, Distortions in Domestic Markets and Foreign Trade Effects
8 Dynamic External Economies of Scale and Foreign Trade
9 Imperfect Competition and Foreign Trade (Midterm exam will be held in this week except the course hour)
10 Strategic Foreign Trade Policy
11 Meta-economic Arguments in Protectionism
12 Development and Foreign Trade: Immiserizing Growth
13 International Factor Movements: Movements of Labor and Capital
14 Endogenous Growth-Technology-Innovation and Foreign Trade

Recomended or Required Reading

Main Sources:
CORDEN, W.Max, Trade Policy and Economic Welfare, Second Edition, Clerandon Press, Oxford 1998.
KRUGMAN, Paul R., Maurice OBSTFELD, International Economics, Theory and Policy, Pearson, Ninth Edition, 2012.
RODRIK, Dani, Tek Ekonomi Çok Reçete Küreselleşme, Kurumlar ve Ekonomik Büyüme, Eflatun Yayınevi, 2009
Other References:
BALASSA, B, `Tariff Protection in Industrial Countries: An Evaluation , Journal of Political Economy, Vol. LXXIII, No, 6, pp.573-594.
BHAGWATI, Jagdish N., V.K. RAMASWAMI, `Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy , Journal of Political Economy, Vol, LXXI, No.1, pp. 44-50.
METZLER, Lloyd A. (1949a), `Tariffs, the terms of trade and the distribution of national income , Journal of Political Economy 57, pp. 1-29.
METZLER, Lloyd A. (1949b), `Tariffs, international demand, and domestic prices , Journal of Political Economy 57, pp. 345-351.
SÖDERSTEN, Bo, Geoffrey Reed, International Economics, Third Edition, Macmillan, 1994.

Planned Learning Activities and Teaching Methods

Giving lecture, students'presentations, and discussions within research questions.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.20 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.20 + RST* 0.50


Further Notes About Assessment Methods

Students presentations and arguing given research projects.

Assessment Criteria

Students performance is measured with mid-term exam, final exam and their presentations.

Language of Instruction

Turkish

Course Policies and Rules

Attendance is compulsory and students are expected to attend discussions at the class.

Contact Details for the Lecturer(s)

E-mail: dilek.seymen@deu.edu.tr

Office Hours

Tuesdays, 14:00-17:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 13 3 39
Preparation for midterm exam 1 15 15
Preparing assignments 1 25 25
Preparation for final exam 1 20 20
Reading 1 25 25
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 170

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.15
LO.25
LO.35455
LO.45454454
LO.5554

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

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