COURSE UNIT TITLE

: GLOBAL ECONOMICS AND TRADE

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DIŞ 5007 GLOBAL ECONOMICS AND TRADE COMPULSORY 3 0 0 6

Offered By

Foreign Trade (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

ASSOCIATE PROFESSOR AFIFE DUYGU AKDENIZ

Offered to

Foreign Trade (English)

Course Objective

This course analyzes the economies and trade relations on a global perspective. The main objective of this course is to provide global economic outlook touching on the major international trade theories, International trade and economic development, international investments, global central banking and global financial and economic crisis of 2007. Following the current issues in global economy will help students to continously update themselves and link up between economic and financial cases.

Learning Outcomes of the Course Unit

1   recognize global economic outlook for developed and emerging market economies
2   understand the economics of global trading system
3   learn foreign direct investment-MNCs and portfolio investment
4   demonstrate the causes, process and effects of 2007 global financial and economic crisis

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 International Economic Theory: Basic Concepts and Framework
2 Classical Theory of Foreign Trade (Inter-Industry Trade)
3 Revealed Comparative Advantages & Competitiveness at the Aggregate and Industry Levels
4 New Trade Theory and Measurement (Intra-Industry Trade)
5 Trade, Industry and Competitiveness: Turkish Evidence
6 International Trade Policy: Tariffs and Nontariff Barriers and WTO
7 Midterm Week
8 Economic Integration Theory
9 The Cases of Economic Organisations and Economic Integrations in the World
10 Customs Union and European Monetary Union
11 The Economic Effects of the CU on the International Trade: The EU and Turkey
12 Presentations
13 Presentations
14 Presentations

Recomended or Required Reading

Södersten, B. and Reed, G. (1994), International Economics, 3rd ed. Macmillan.
Ali M. El-Agraa (1994), The Economics of the European Community, 4th Ed. Harvester Wheatsheaf Press.
Richard.T. Griffiths and Durmuş Özdemir (2004), Turkey and the EU Enlargement Process of Incorporation, Istanbul Bilgi Üniversitesi Yayınları.
Hansen, J.D. and J.U. Nielsen (1997), An Economic Analysis of the EU, 2nd ed., Mc Graw Hill.
Utkulu, Utku, (2010), Turkey s Competitiveness in the EU Market: A Comparison of Different Trade Measures , Journal of Graduate School of Social Sciences, Dokuz Eylül University, ISSN: 1302-3284 (with Dilek Seymen and Nevzat Şimşek)

Planned Learning Activities and Teaching Methods

The course consists of lecturing, role plays, class discussions, and project.

Assessment Methods

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


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

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

English

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 13 3 39
Preparation for midterm exam 1 15 15
Preparation for final exam 1 20 20
Preparing assignments 1 25 25
Preparing presentations 1 20 20
Preparations before/after weekly lectures 13 2 26
Midterm 1 2 2
Final 1 2 2
TOTAL WORKLOAD (hours) 149

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.144
LO.23455
LO.333
LO.4334