This course aims at providing students basic knowledge about the concepts, theories and functions of international trade. Another objective of the course is to make students gain basic skills to interpret current issues of trade. The course is designed to prepare students to “International Trade” course.
Prerequisite(s)
-
Corequisite(s)
-
Special Requisite(s)
-
Instructor(s)
Assoc. Prof. Nebile Korucu Gümüşoğlu
Course Assistant(s)
Schedule
DERS 2022-2023 DÖNEMİNDE AÇILMAMIŞTIR.
Office Hour(s)
Teaching Methods and Techniques
Lectures, case studies and discussions
Principle Sources
Lecture notes/slides will be downloaded on CATS system.
Other Sources
James Gerber. (2018). International Economics. Seventh Edition. Pearson.
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction
Lectures and discussions
2. Week
Main Concepts: Imports, Exports, Exchange Rates
Lecture
3. Week
Main Theories of International Trade: The Theory of Absolute Advantage, The Theory of Competitive Advantage, Factor Endowment Theory
Lecture
4. Week
Gains from Trade, The Reasons Countries Trade, Case Study on Current Issues
Lectures, discussions and case study
5. Week
Tariffs and Quotas
Lecture
6. Week
The Arguments for Restricting Trade
Lectures and discussions
7. Week
From GATT to WTO
Case Study on Current Issues
Case study and discussion
8. Week
Midterm Exam
Exam
9. Week
Globalisation and International Trade
Lectures and discussions
10. Week
The Structure of International Trade in Turkish Economy
Lectures and discussions
11. Week
Trade and Impossible Trinity
Lectures and discussions
12. Week
Current Issues in International Trade
Lectures and discussions
13. Week
Current Issues in International Trade
Case Study on Current Issues
Lectures, discussions and case study
14. Week
General Review
Lecture
15. Week
Final Exam
Exam
16. Week
Final Exam
Exam
17. Week
Final Exam
Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Attendance
1
5
Case studies
3
20
Final Exam
1
45
Program Outcomes
PO-1
Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
Define the basic concepts of international trade
LO-2
Explain the main theories of international trade briefly.
LO-3
Comprehend why nations engage in trade transactions and the gains from trade.
LO-4
Explain the functions of trade policy in concisely.
LO-5
Interpret the current issues in international trade
