Undergraduate
Faculty of Economic and Administrative Sciences
Economics
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Economics Main Page / Program Curriculum / International Economics I

International Economics I

Course CodeSemester Course Name LE/RC/LA Course Type Language of Instruction ECTS
IKT5001 5 International Economics I 2/2/0 CC Turkish 5
Course Goals
The main goal of this course is to make the students know the basic concepts of International Economics. It is to lay the groundwork for understanding the functioning of these concepts in the economic system and their consequences. In addition, the foreign exchange market, foreign exchange rates, introducing the concepts related to international monetary systems and gaining the ability to analyze international economic problems by teaching international economic theory are among its other objectives.
Prerequisite(s) None
Corequisite(s) None
Special Requisite(s) None
Instructor(s) Assist. Prof. Dr. Tuğba Özışık
Course Assistant(s) Arş. Gör. A. Tuğba Özışık
Schedule Theory: Wednesday 11:00 - 13:00 A 604 Recitation: Friday 11:00 - 13:00 L-03
Office Hour(s) n.sahanogullari@iku.edu.tr, t.ozisik@iku.edu.tr
Teaching Methods and Techniques Lecture and discussion
Principle Sources

Halil SEYİDOĞLU: "Uluslararası İktisat" Kurtiş Matbaacılık. İstanbul, 2007

Other Sources
Course Schedules
Week Contents Learning Methods
1. Week Content of International Trade Theory Oral Presentation, Written Presentation, Discussion
2. Week The Emergence of International Trade Theory Oral Presentation, Written Presentation, Discussion
3. Week International Terms of Trade Oral Presentation, Written Presentation, Discussion
4. Week Foreign Trade Theory Analyzes Oral Presentation, Written Presentation, Discussion
5. Week Factor Endowment Theory Oral Presentation, Written Presentation, Discussion
6. Week International Factor Prices Equality and Income Distribution Oral Presentation, Written Presentation, Discussion
7. Week International Trade and Economic Growth Analysis Oral Presentation, Written Presentation, Discussion
8. Week Midterm Exam Week Assessment
9. Week Midterm Exam Week Assessment
10. Week Foreign Trade Policy Oral Presentation, Written Presentation, Discussion
11. Week Exchange Market Oral Presentation, Written Presentation, Discussion
12. Week Exchange Market Oral Presentation, Written Presentation, Discussion
13. Week Foreign Trade Theories Oral Presentation, Written Presentation, Discussion
14. Week Review Oral Presentation, Written Presentation, Discussion
15. Week Final Exam Week Assessment
16. Week Final Exam Week Assessment
17. Week Final Exam Week Assessment
Assessments
Evaluation tools Quantity Weight(%)
Midterm(s) 1 40
Final Exam 1 60


Program Outcomes
PO-1To define his/her competencies using the theoretical and practical knowledge he/she acquired in the field of Economics and to use these competencies in practice.
PO-2To discuss concepts and ideas in the field of Economics with scientific methods, to develop hypotheses, to interpret and evaluate the data obtained.
PO-3To develop solution suggestions for complex and/or unpredictable problems encountered in practice, to report and present these suggestions in accordance with the academic publication rules.
PO-4To identify regional and global issues/problems, to perform analyses based on scientific data and research, and to develop solution suggestions.
PO-5To determine the learning needs in the field of Economics, to evaluate the acquired knowledge and skills with a critical approach, and to use this knowledge and skills to develop economic policies.
PO-6To inform relevant people and institutions on issues related to the field of Economics and to gain the ability to convey written and verbal solutions to problems.
PO-7To convey his/her thoughts and suggestions in the field of Economics to experts and non-experts by supporting them with quantitative and qualitative data, to discuss and to contribute to the development of new policies by revising suggestions according to the feedback he/she receives.
PO-8To benefit from other disciplines that form the basis of the field of Economics, to develop multidisciplinary approaches by associating these disciplines with his/her knowledge in the field of Economics, to produce project and publications.
PO-9To define the differences and relationships between classical and modern theories of economics and to observe the distinctions between classical and modern economic policies and to evaluate the compatibility of these policies with economic and social issues.
PO-10To read and comprehend foreing news sources about economics being fluent in a foreign language, to scan the economic literature and to follow the most current approaches in this field.
PO-11To take into account scientific and ethical values in the stages of collecting, interpreting and announcing economic data and carrying out statistical/econometric studies using these data, and also to carry out the publication process in accordance with academic publishing principles.
Learning Outcomes
LO-1To list the items of the balance of payments.
LO-2To reveal the imbalances of payments, their causes and how to correct these imbalances.
LO-3To explain the effects of exchange rate systems on balance of payments and reserves.
LO-4To define exchange rates, explain and correlate foreign exchange market transactions.
LO-5To explain international trade theories and distinguish the relationship between them.
Course Assessment Matrix:
Program Outcomes - Learning Outcomes Matrix
 PO 1PO 2PO 3PO 4PO 5PO 6PO 7PO 8PO 9PO 10PO 11
LO 1
LO 2
LO 3
LO 4
LO 5