This course aims to look at different aspects of the globalized world from an economist’s perspective. The course covers topics such as economic history to understand the status quo, international trade flows, international production, international financial flows and growth and development. The main challenges related to these the global economy in the 21century will be discussed throughout the course.
Prerequisite(s)
-
Corequisite(s)
-
Special Requisite(s)
-
Instructor(s)
Assoc. Prof. Yaşar Dilek Ünalan
Course Assistant(s)
-
Schedule
The course will not be held this semester.
Office Hour(s)
Teaching Methods and Techniques
Lectures, discussions and demonstrations
Principle Sources
Lange, Glenn-Marie and Wodon, Q. and Carey, K. (2018) The Changing Wealth of Nations, World Bank Group, Washington.
World Economic Outlook: Cyclical Upswing, Structural Change, International Monetary Fund, 2018.
Maddison, A. (2005) Growth and Interaction in the World Economy: The Roots of Modernity Academic integrity, AEI, Washington.
Other Sources
Todaro, M. P., & Smith, S. C. (2015). Economic development. 12E, Boston: Pearson Addison Wesley.
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction
Lecture
2. Week
Background History of the World Economy
Lecture and discussion
3. Week
Background History of the World Economy
Lecture and discussion
4. Week
Natural Capital and Development
Lecture and discussion
5. Week
Human Capital: Driver of Development
Lecture and discussion
6. Week
Global and Regional Trends
Lecture and discussion
7. Week
Global and Regional Trends
Lecture and discussion
8. Week
Midterm Exam
9. Week
Midterm Exam
10. Week
GDP, National Wealth and Trends in Global Wealth
Lecture and discussion
11. Week
The Role of Institutions, Governance and Social Capital
Lecture and discussion
12. Week
Global Prospects and Policies
Lecture and discussion
13. Week
Investments, Growth and Sustainability
Lecture and discussion
14. Week
Technology, Innovation and Knowledge in a Globalized Economy
Lecture and discussion
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Attendance
14
10
Final Exam
1
60
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
an understanding of the role of economic theories
LO-2
an understanding of the role of natural capital, human capital and development
LO-3
an ability to describe the role of institutions, governance and social capital
LO-4
an ability to describe the role of global policies
LO-5
an ability to describe the role of technology, innovations and knowledge in a globalized economy.
