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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS ECO 3004 INTERNATIONAL ECONOMICS COMPULSORY 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR PINAR NARIN EMIRHAN

Offered to

Economics

Course Objective

The aim of the course is to provide students a theoretical base to understand the basic international economic relations among nations.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of the causes, patterns and consequences of international trade according to various trade models so that he/she will be able to analyze current international trade trends. 2   Identify the methods of government intervention into international trade by studying diversified trade policies and the rational for these policies in order to evaluate their effects on domestic and world welfare. 3   Demonstrate the ability to conduct simple partial and general equilibrium analyses of trade policy tools diagrammatically and algebraically. 4   Develop well-structured views based on current discussions on international trade and express these verbally.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 2001 - MICROECONOMICS I

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Introduction Ch.1 2 Law of Absolute and Comparative advantages 3 Standard Theory of International Trade 4 Demand and Supply, Offer curves, and the Terms of Trade 5 Factor Endowments and the H-O theory 6 New Trade Theories 7 Trade Restrictions: Tariffs 8 Non tariff trade Barriers and the New Protectionism 9 Economic Integration 10 International Resource Movements 11 International Trade and Economic Development 12 Review

Recomended or Required Reading

Satvatore, D. (2004) International Economics 8th ed., John Wiley and Sons inc.

Planned Learning Activities and Teaching Methods

1. Lecture 2. In-class discussions 3. Problem solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MT Midterm 2 QZ Quiz 3 FN Final 4 FCG FINAL COURSE GRADE MT * 0.40 + QZ * 0.10 + FN * 0.50 5 RST RESIT 6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + QZ * 0.10 + RST * 0.50 *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define international trade theories.Öğrenci uluslararası ticaret teorilerini anlaşılır biçimde tanımlayacaktır. 2. The learner will understand nations' current international trade patterns and trends. 3. The learner will understand the rationales for international trade policies. 4. The learner will be able to clearly express their views on nations' international trade policies.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 12 3 36 Reviews 3 2 6 Preparations before/after weekly lectures 12 3 36 Preparation for quiz etc. 2 10 20 Preparation for midterm exam 1 15 15 Preparation for final exam 1 20 20 Reading 3 5 15 Final 1 1,5 2 Midterm 1 1,5 2 Quiz etc. 2 1 2 TOTAL WORKLOAD (hours) 154

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 PO.14 LO.1 2 4 5 4 LO.2 2 3 5 5 4 LO.3 2 5 LO.4 4 1 3 4