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Information
| Code | ECOS309 |
| Name | International Economics |
| Term | 2024-2025 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
1 |
Course Goal / Objective
The purpose of this course is to introduce basic theories of international trade and the effects of international economic policies on domestic and world welfare
Course Content
Ricardian Model - Heckscher-Ohlin Model -Increasing Returns And Monopolistic Competition - International Trade And Growth - International Trade Policy
Course Precondition
Yok
Resources
Halil Seyidoğlu, Uluslararası İktisat Teori, Politika ve Uygulama
Notes
Selected Articles
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Be familiar with basic concepts and theories of International Trade |
| LO02 | Explain the reason for international trade. |
| LO03 | To be able to use the insights of economic theories to analyze international economic issues of today |
| LO04 | To be able to evaluate the limitations of traditional theories |
| LO05 | Evaluate the balance of payments, external equilibrium, exchange rate |
| LO06 | Explain the international economic issues. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theories within the disciplines of Political Science and International Relations. | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Understands the methodologies used in the disciplines of Political Science and International Relations. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Gains the ability to follow, interpret and apply problem-solving techniques focused on problem solving in different social fields of international and national dimension. | 5 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Questions traditional approaches, practices and methods, develop and apply new working methods when necessary. | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Recognize/apply social, scientific and professional ethical values. | |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Takes responsibility, leads and works effectively individually and/or in a team. | 4 |
| PLO07 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, follows the current developments in the field and improves himself/herself. | |
| PLO08 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to use Turkish and at least one foreign language in accordance with the requirements of academic life and business life. | 4 |
| PLO09 | Yetkinlikler - Alana Özgü Yetkinlik | Analyzes data related to social sciences. | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | Define and analyze political, economic and social problems of international, regional and national context. | |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Gains critical thinking skills in the field of social sciences. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction of International Economics | Lecture | Öğretim Yöntemleri: Anlatım |
| 2 | Historical Background for International Trade Theories | Lecture | Öğretim Yöntemleri: Anlatım |
| 3 | Classical Trade Theories: Absolute Advantages, Comparative Advantages | Lecture | Öğretim Yöntemleri: Anlatım |
| 4 | Offer Curves and Terms of Trade | Lecture | Öğretim Yöntemleri: Anlatım |
| 5 | Alternative Cost and Gains from Trade | Lecture | Öğretim Yöntemleri: Anlatım |
| 6 | Factor Endowments Theorem | Lecture | Öğretim Yöntemleri: Anlatım |
| 7 | New Models in International Trade | Lecture | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Lecture | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Relations between Foreign Trade and Economic Growth | Lecture | Öğretim Yöntemleri: Anlatım |
| 10 | Foreign trade policy | Lecture | Öğretim Yöntemleri: Anlatım |
| 11 | The Instruments of Trade Policy: Tariff | Lecture | Öğretim Yöntemleri: Anlatım |
| 12 | Other Instruments of Trade Policy: Nontariff Barriers | Lecture | Öğretim Yöntemleri: Anlatım |
| 13 | Arguments for Interventionist Trade Policies | Lecture | Öğretim Yöntemleri: Anlatım |
| 14 | The Political Economy of Trade Policy | Lecture | Öğretim Yöntemleri: Anlatım |
| 15 | Repetition | Lecture | Öğretim Yöntemleri: Anlatım |
| 16 | Review | Lecture | Öğretim Yöntemleri: Anlatım |
| 17 | Term Exams | Lecture | 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 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 15 | 15 |
| Total Workload (Hour) | 137 | ||
| Total Workload / 25 (h) | 5,48 | ||
| ECTS | 5 ECTS | ||