COURSE UNIT TITLE

:

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5077 INTERNATIONAL TRADE AND WTO ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle(Bachelor's Degree)/Second Cycle(Master's Degree)

Course Coordinator

PROFESSOR ISMAIL MAZGIT

Offered to

Economics

Course Objective

Students are intended to learn about the current state of the international trade system and the WTO.

Learning Outcomes of the Course Unit

1   To be able to evaluate the current state of the world trade system.
2   To be able to evaluate the usage of the current trade policy instruments
3   To be able to learn the purpose of the organization and functioning of the WTO.
4   To be able to evaluate the effects of WTO binding on Turkey's foreign trade.
5   To be able to learn the multilateral trade agreements and sectoral exceptions of WTO.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and Basic Discussion on Method
2 International Economics, discussion of concepts related with international trade and the WTO
3 Reasons of trade: gain from the trade, free trade arguments, international specialization / efficient resource allocation
4 Free trade against protectionism: Protectionism arguments
5 Trade policy, trade policy instruments: tariffs / non-tariff measures
6 The main objective of the World Trade Organization, a historical overview: GATT to WTO
7 GATT / WTO's fundamental objectives: WTO protection mechanisms
8 Midterm
9 Dispute resolution mechanism of the WTO
10 Multilateral Trade Agreements: GATT, GATS, TRIPS
11 Industry Regulations: Agricultural Products, Textiles and Clothing
12 Trade and environment interaction
13 WTO and Turkey; WTO and developing countries

Recomended or Required Reading

BALASSA, B, `Trade Policies in Developing Countries , American Economic Review, 1971.
BHAGWATI, Free Trade Today, Princeton University Press, Princeton and Oxford, 2002.
BHAGWATI, Jagdish N., Writings on International Economics, edt. V.N.Balasubramanyam, Oxford University Press, Oxford, 1988.
BHAGWATI, Jagdish N., Arvind PANAGARIYA, T.N.SRINIVASAN, Lectures on International Trade, The MIT Press, Massachusetts 1998.
BRENTON, Paul, Henry SCOTT, Peter SINCLAIR, International Trade, A European Text, Oxford University Press, 1997.
CAVES, Richard E., Jeffrey A. Frankel, Ronald W. Jones, World Trade and Payments, An Introduction, Harper Collins Publishers, Newyork 1990.
CHACHOLIADES, Miltiades, International Economics, McGraw-Hill International Editions, New York 1990.
CORDEN, W.Max, Trade Policy and Economic Welfare, Second Edition, Clerandon Press, Oxford 1998.

Planned Learning Activities and Teaching Methods

Lectures, presentations and discussions of the researches in the course.

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 * 0.20 + STT * 0.30 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.30 + RST* 0.50


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

Especially 1, 2 and 4. learning outcomes, assignment / presentation of the evaluation with the entirety of the learning outcomes (1-5) related to the level of success is measured through the midterm and final examinations.

Language of Instruction

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Will be announced

Office Hours

will be announced

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lecture 13 3 39
Weekly preparations for the course 13 2 26
Preparation for the midterm 1 15 15
Homework preparation 1 25 25
Other 1 15 15
Preparation for the final 1 20 20
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 146

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.13345
LO.2334
LO.332444
LO.4244
LO.54

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

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