TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. | |
| Code | IKZ302 |
| Name | International Economics II |
| Term | 2017-2018 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. FİKRET DÜLGER |
| Course Instructor |
Prof. Dr. HARUN BAL
(Bahar)
(A Group)
(Ins. in Charge)
Prof. Dr. FİKRET DÜLGER (Bahar) (B Group) (Ins. in Charge) |
Course Goal / Objective
The course aims to introduce students the theoric base of international economics such as international monetary economics and open macroeconomic policies.
Course Content
In this course, international monetary economics, analysis of exchange markets, theories of exchange rate, price mechanisms, money and capital markets, foreign direct investments and capital flows, international money systems, IMF, macroeconomic policy analysis in open economies: internal-external balance, will be taught.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | To understand the issues of liberalization of world trade and economic integration |
| LO02 | To be able to demonstrate the aims of the European Union |
| LO03 | To understand the internaland external equalization |
| LO04 | To understand the exchange rate market and systems |
| LO05 | To be able to discussthe effects of different exchange rate policies |
| LO06 | To be able to understand the relationship between international economicsand economic development of a country |
| LO07 | To understand the macro-economic equilibrium in open economies |
| LO08 | To be able to interpret today's economies |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 5 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 5 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 5 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 5 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Economic Integration: types, the static and dynamic effects | Relevant chapter | |
| 2 | The Foreign Exchange Market | Relevant chapter | |
| 3 | Exchange Rates, Interest Rates, and Interest Rate Parity | Relevant chapter | |
| 4 | The Balance of Payments | Relevant chapter | |
| 5 | Balance of Payments-Automatic Stabilization Mechanism | Relevant chapter | |
| 6 | Balance of Payments Stabilization Policies | Relevant chapter | |
| 7 | Exchange Rate Theories | Relevant chapter | |
| 8 | Mid-Term Exam | ||
| 9 | International Monetary Systems | Relevant chapter | |
| 10 | International institutions: IMF, World Bank etc. | Relevant chapter | |
| 11 | International Banking , Debt and Risk | Relevant chapter | |
| 12 | International trade and development | Relevant chapter | |
| 13 | Open-Economy Macroeconomic Policy and Adjustment | Relevant chapter | |
| 14 | Open-Economy Macroeconomic Policy and Adjustment | Relevant chapter | |
| 15 | Repetition and Evaluation | Relevant chapter | |
| 16 | Term Exams | ||
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||