COURSE UNIT TITLE

: INTERNATIONAL TRADE AND WTO

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5091 INTERNATIONAL TRADE AND WTO ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR AYŞE DILEK SEYMEN

Offered to

Economics

Course Objective

It is aimed for students to learn over the current situation of the international trade system and World Trade Organization.

Learning Outcomes of the Course Unit

1   To be able to evaluate the current situation of the world trade system.
2   To be able to evaluate the applications of trade policy tools today.
3   To be able to learn the aim of the WTO and its operations.
4   To be able to evaluate the binding effect of the WTO on Turkey's foreign trade.
5   To be able to learn WTO, multilateral trade agreements and sectoral exceptions.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and Main Discussion Related the Method
2 International Economics, Concept Discussion Concerning International Trade and WTO
3 Reasons of the Trade: Trade Gains, Free Trade Arguments, International Specialization/Effective Resource Allocation
4 Protecionism against Free Trade: Protectionism Arguments
5 Trade Policy, Trade Policy Tools: Tariffs/Nontariff Measurements
6 Main aim of the World Trade Organization, A Historical View : From GATT to WTO
7 Main aims GATT/WTO: Protectionism Mechanisms of the WTO
8 Dispute Settlement Mechanism of WTO
9 WTO (Midterm exam will be held in this week except the course hour)
10 Multilateral Trade Agreement: GATT
11 Multilateral Trade Agreement: GATS, TRIPS
12 Sectoral Regulations: Agricultural Products, Textile and Clothing
13 Foreign Trade and Environment Interaction
14 WTO and Turkey; WTO and Developing Countries

Recomended or Required Reading

Main Sources:
BALASSA, B, `Trade Policies in Developing Countries , American Economic Review, 1971.
BHAGWATI, Free Trade Today, Princeton University Press, Princeton and Oxford, 2002.
Other References:
BHAGWATI, Jagdish N., Arvind PANAGARIYA, T.N.SRINIVASAN, Lectures on International Trade, The MIT Press, Massachusetts 1998.
CAVES, Richard E., Jeffrey A. Frankel, Ronald W. Jones, World Trade and Payments, An Introduction, Harper Collins Publishers, Newyork 1990.
HOEKMAN, Bernard, Michel Kostecki, The Political Economy of the World Trading System: WTO and Beyond, Extended and Updated Second Edition, Oxford, UK, 2001, 570 p. Hardback: ISBN 0-19-828955-3.
KRUGMAN, Paul R., Maurice Obstfeld, International Economics, Theory and Policy, Pearson, Ninth, 2012.
MARKUSEN, J.R, J.R. Melvin, W.H. Kaempfer, K.E. Maskus, International Trade, Theory and Evidence, McGraw-Hill, New York 1995.
SÖDERSTEN, Bo, Geoffrey Reed, International Economics, Third Edition, Macmillan, 1994.

Planned Learning Activities and Teaching Methods

Giving lecture, students'presentations, and discussions.

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


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

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)

dilek.seymen@deu.edu.tr, 02324204180-10622

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 2 26
Preparation for final exam 1 20 20
Reading 1 10 10
Preparation for midterm exam 1 20 20
Preparing assignments 1 15 15
Final 1 3 3
Midterm 1 3 3
TOTAL WORKLOAD (hours) 139

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.155555
LO.25555
LO.35555
LO.45555
LO.55555

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

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