Course Code	Semester	Course Name	LE/RC/LA	Course Type	Language of Instruction	ECTS
UTC0020		BASICS OF INTERNATIONAL TRADE	2/0/0	DE		4

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)	Assist. Prof. Dr. Ayşegül Ertuğrul Ayrancı
Course Assistant(s)	Arş. Gör. N. Elif Küçük
Schedule	Wednesday, 13:00-14:50 / Distance Education (CATs)
Office Hour(s)	You can send an email
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
LO 1
LO 2
LO 3
LO 4
LO 5