Course Code	Semester	Course Name	LE/RC/LA	Course Type	Language of Instruction	ECTS
UTC8003	8	BASICS OF INTERNATIONAL TRADE	2/2/0	CC		6

Course Goals	It is aimed that the students are able to explain foreign trade theories while gaining knowledge about foreign trade transactions that are subject to international trade.
Prerequisite(s)	-
Corequisite(s)	-
Special Requisite(s)	-
Instructor(s)	Assoc. Prof. Nebile Korucu Gümüşoğlu
Course Assistant(s)	Arş. Gör. N. Elif Küçük
Schedule	The course will not be held this semester.
Office Hour(s)
Teaching Methods and Techniques
Principle Sources	Halil Seyidoğlu, Uluslararası İktisat Teori ve Politika, Güzem Can yayınları, 2015.
Other Sources	-

Course Schedules
Week	Contents	Learning Methods
1. Week	Basic Information and Definitions Regarding Foreign Trade_Introduction	Verbal lecture
2. Week	Basic Information and Definitions Regarding Foreign Trade_Continue	Verbal lecture
3. Week	Reasons of Foreign Trade	Verbal lecture-discussion
4. Week	Causes of Foreign Trade Advantages and Disadvantages	Verbal lecture
5. Week	Theories That Provide Development of Foreign Trade_1	Verbal lecture
6. Week	Theories That Provide Development of Foreign Trade_2	Verbal lecture-discussion
7. Week	Protectionism and Liberalization in Foreign Trade_1	Verbal lecture
8. Week	Midterm	Midterm
9. Week	Midterm	Midterm
10. Week	Foreign Trade Practices-Guest Participation from the Sector (Customs)	Verbal lecture-discussion
11. Week	Foreign Trade Practices-Guest Participation from the Sector (Export)	Verbal lecture-discussion
12. Week	Documents Used in Foreign Trade	Verbal lecture-discussion
13. Week	İncoterms 2020	Verbal lecture-discussion
14. Week	Payment Methods in International Trade	Verbal lecture-discussion
15. Week	Final Exam	Final Exam
16. Week
17. Week

Assessments
Evaluation tools	Quantity	Weight(%)
Midterm(s)	1	30
Quizzes	1	10
Final Exam	1	60

Program Outcomes PO-1 OP-1. Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary. PO-2 OP-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 OP-3. Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms. PO-4 OP-4. Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data. PO-5 OP-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 OP-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 OP-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 OP-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 OP-9. Uses a second language (Russian, Chinese, etc.) at the intermediate level. PO-10 OP-10. Possesses ethical principles and scientific values in collection, interpretation and release of data.

Learning Outcomes LO-1 Explain the basic concepts of foreign trade. LO-2 Interpret the reasons of foreign trade. LO-3 Make inferences from the theories behind foreign trade. LO-4 Distinguish documents subject to foreign trade. LO-5 Explain the steps of foreign trade transactions from the beginning.

Course Assessment Matrix:

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10