EKO720 Fundamentals of International Economics

8 ECTS - 3-0 Duration (T+A)- . Semester- 3 National Credit

Information

Code EKO720
Name Fundamentals of International Economics
Term 2023-2024 Academic Year
Semester . Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 8 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Yüksek Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. FİKRET DÜLGER


Course Goal / Objective

This course aims to analyze the international dimension of the economy in real terms, to examine the reasons that lead countries to mutual trade, and to explain economic integrations.

Course Content

Classical, Neo Classical and Modern International Trade Theories- Analysis of International Trade Theory- Analysis of International Trade Theory and Economic Growth- Instruments of International Trade Policy-Exchange Rate Systems- Analyzes of Balance of Payments

Course Precondition

Yok

Resources

Halil Seyidoğlu, Uluslararası İktisat, Teori Politika ve Uygulama Erdal Ünsal, Uluslararası İktisat, Teori Politika ve Açık Ekonomi Makro İktisadı

Notes

Maurice Obstfeld & Kenneth Rogoff, Six Major Puzzles in International Macroeconomics: Is There a Common Cause?


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Understand the nature and theoretical historical background of international economic events
LO02 Learn to evaluate the policy in terms of its causes and consequences while applying international economic policy.
LO03 Understand the international economic system and have information about how we can use the system for the welfare of the country.
LO04 Evaluate international economic problems and issues
LO05 Follows and interprets international economic indicators
LO06 Understand the relationship between factor endowments, the location of production, and international trade,
LO07 Be familiar with balance of payments accounting
LO08 Understand how the foreign exchange market works and how the foreign exchange rates are determined,


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explains the importance of demand and supply and the conditions of the market economy to work better 5
PLO02 Bilgi - Kuramsal, Olgusal Specifies the role of the market economy, the price advantage of the event. 4
PLO03 Bilgi - Kuramsal, Olgusal Specifies the role of the price advantage in market economy 5
PLO04 Bilgi - Kuramsal, Olgusal Faces with challenges, produces a numerical and policy options. 5
PLO05 Bilgi - Kuramsal, Olgusal Applies the methods of economic analysis. 4
PLO06 Bilgi - Kuramsal, Olgusal Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems.
PLO07 Bilgi - Kuramsal, Olgusal Uses the theory of economics in analyzing the economic events 4
PLO08 Bilgi - Kuramsal, Olgusal Explains economic issues such as determinants of economic growth, causes and costs of unemployment, globalization and economic interdependence of nations. 5
PLO09 Beceriler - Bilişsel, Uygulamalı Evaluates academic writings related to the field of economics.
PLO10 Bilgi - Kuramsal, Olgusal Takes responsibility individually and / or in a team,leads a team and works effectively
PLO11 Bilgi - Kuramsal, Olgusal With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself 4
PLO12 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values.
PLO13 Yetkinlikler - İletişim ve Sosyal Yetkinlik Expresses himself/herself accurately, both orally and in writing.


Week Plan

Week Topic Preparation Methods
1 Introduction of International Economics Relevant Chapter Öğretim Yöntemleri:
Anlatım
2 Classical Trade Theories: Absolute Advantages, Comparative Advantages Relevant Chapter Öğretim Yöntemleri:
Anlatım
3 Analysis of International Trade Theories: Supply and Demand Models Relevant Chapter Öğretim Yöntemleri:
Anlatım
4 New Models in International Trade I Relevant Chapter Öğretim Yöntemleri:
Anlatım
5 New Models in International Trade II Relevant Chapter Öğretim Yöntemleri:
Anlatım
6 Analysis of International Trade Theory and Economic Growth Relevant Chapter Öğretim Yöntemleri:
Anlatım
7 International Trade Policy Relevant Chapter Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Ölçme Yöntemleri:
Yazılı Sınav
9 Liberalization of World Trade Relevant Chapter Öğretim Yöntemleri:
Anlatım
10 Balance of Payments Stabilization Policies: National Income and Other Mechanisms Relevant Chapter Öğretim Yöntemleri:
Anlatım
11 Balance of Payments:Exchange Rate and Price Mechanism Relevant Chapter Öğretim Yöntemleri:
Anlatım
12 Relations Between Foreign Trade Policies and Economic Development Relevant Chapter Öğretim Yöntemleri:
Anlatım
13 International Monetary Systems Relevant Chapter Öğretim Yöntemleri:
Anlatım
14 Open-Economy Macroeconomic Policy I Relevant Chapter Öğretim Yöntemleri:
Anlatım
15 Open-Economy Macroeconomic Policy II Relevant Chapter Öğretim Yöntemleri:
Anlatım
16 Term evaluation Relevant Chapter Öğretim Yöntemleri:
Soru-Cevap
17 Term Exams Relevant Chapter Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 9 126
Assesment Related Works
Homeworks, Projects, Others 1 2 2
Mid-term Exams (Written, Oral, etc.) 1 9 9
Final Exam 1 18 18
Total Workload (Hour) 197
Total Workload / 25 (h) 7,88
ECTS 8 ECTS

Update Time: 08.05.2023 04:13