TÜRKÇE
ENGLISH
Information
| Code | IKZ302 |
| Name | International Economics II |
| Term | 2023-2024 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. FİKRET DÜLGER
(A Group)
(Ins. in Charge)
Prof. Dr. HARUN BAL (B Group) (Ins. in Charge) |
Course Goal / Objective
This course aims to analyze the monetary aspect of international trade with theories, to explain the balance of payments account, exchange rate and international monetary systems.
Course Content
Balance of Payments-Analysis of Exchange Rate Markets and Approaches to Explain The Exchange Rate-External Balance- National Income Changes and Other Mechanisms-International Monetary System-Money, Finance and Exchange Rate Policy Analyzes in Open Economies-Internal and External Economic Balance-Macroeconomic Equilibrium with Total Demand and Tota lSupply Model in Open Economies
Course Precondition
Yok
Resources
International Economics: Theory and Policy, Global Edition- Paul Krugman, Maurice Obstfeld, Marc Melitz
Notes
International Economics: Theory and Policy, Global Edition- Paul Krugman, Maurice Obstfeld, Marc Melitz
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 | The Balance of Payments | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 2 | Analysis of Foreign Exchange Market | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 3 | Exchange Rates, Interest Rates, and Interest Rate Parity | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 4 | Exchange Rate Theories | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 5 | Balance of Payments:Exchange Rate and Price Mechanism | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 6 | Balance of Payments Stabilization Policies: National Income and Other Mechanisms | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 7 | Relations Between Foreign Trade Policies and Economic Development | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | International Monetary Systems | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 10 | International institutions: IMF, World Bank etc. | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 11 | International Banking , Debt and Risk | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 12 | International trade and development | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 13 | Open-Economy Macroeconomic Policy I | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 14 | Open-Economy Macroeconomic Policy II | Relevant chapter | Öğretim Yöntemleri: Anlatım |
| 15 | Repetition and Evaluation | Relevant chapters | Öğretim Yöntemleri: Anlatım |
| 16 | Repetition | Relevant Chapters | Öğretim Yöntemleri: Anlatım |
| 17 | Term Exams | Relevant Chapters | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||