ECTS - International Economics I

International Economics I (IKT313) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
International Economics I IKT313 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Assoc. Prof. Dr. Mehmet Fatih Ekinci
Course Assistants
Course Objectives 1-To explain the basic themes in International Economics which implies mainly the study of theoretical and practical issues in international trade. 2- To provide the students with an understanding of, and the competence to apply economic analysis to, the main issues confronting businesses and the economy in the modern international trading environment.
Course Learning Outcomes The students who succeeded in this course;
  • To learn the basic themes in international trade.
  • To use the required analytical tools to evaluate and comment on international trade problems.
Course Content Labor productivity and comparative advantage: the Ricardian model, comparative advantage, the standard trade model, economies of scale, imperfect competition, and international trade, international factor movements, the instruments and the political economy of trade policy, trade policy in developing countries, controversies in trade policy.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction to International Economics Krugman and Obstfeld, p. 1-9
2 World Trade: An Overview Krugman and Obstfeld, p. 12-26
3 Labor Productivity and Comparative Advantage: The Ricardian Model I Krugman and Obstfeld, p. 27-40
4 Labor Productivity and Comparative Advantage: The Ricardian Model II Krugman and Obstfeld, p. 40-53
5 Resources, Comparative Advantage and Income Distribution I Krugman and Obstfeld, p. 54-70
6 Resources, Comparative Advantage and Income Distribution II Krugman and Obstfeld, p. 70-87
7 The Standard Trade Model Krugman and Obstfeld, p. 88-113
8 Midterm
9 Economies of Scale, Imperfect Competition, and International Trade I Krugman and Obstfeld, p. 114-130
10 Economies of Scale, Imperfect Competition, and International Trade II Krugman and Obstfeld, p. 130-152
11 International Factor Movements Krugman and Obstfeld, p. 153-179
12 The Instruments of Trade Policy Krugman and Obstfeld, p. 182-211
13 The Political Economy of Trade Policy Krugman and Obstfeld, p. 213-249
14 Trade Policy in Developing Countries Krugman and Obstfeld, p. 250-265
15 Controversies in Trade Policy Krugman and Obstfeld, p. 266-286
16 Final Exam

Sources

Course Book 1. International Economics: Theory and Policy (8th Edition); Paul R. Krugman and Maurice Obstfeld; Pearson, Edison-Wesley, Boston et. al. ; 2009. International Economics: Dennis R. Appleyard and Alfred J. Field, Jr.; Irwin McGraw-Hill; Boston et al; 1998.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 5
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 8 10
Presentation - -
Project 1 15
Report - -
Seminar - -
Midterms Exams/Midterms Jury 2 20
Final Exam/Final Jury 1 50
Toplam 13 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Have an advanced level of basic theoretical knowledge on the field of public finance in order to obtain the practical gains. X
2 Identify the issues related to the field of public finance by dealing with it within the framework of the methodological approach, and report and evaluate it from an analytical point of view. X
3 Understand, interpret and analyse economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law. X
4 Develop policies and strategies for solving the problems by establishing the cause-effect relationship related to fiscal and economic issues through theoretical information and the discussions. X
5 Establish the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develop analysis on public finance and makes a link with the policy implementation X
6 Understand the tax theory, learning the legal structure, following the legal and financial developments and gaining a professional competence in tax matters effectively develop it. X
7 Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of institutions with the knowledge and competence gained. X
8 Gain knowledge of macroeconomic framework and growth theory, including theoretical and country examples, evaluates economic developments from a theoretical perspective. X
9 Use foreign language in financial and economic fields, follow international literature, communicate on professional issues. X
10 Benefit from technological developments in studies specific to its field by using information technologies, digital developments and common software. X
11 Use qualitative and quantitative methods for the analysis of economic, financial, social and institutional events. X
12 While fulfilling its academic and professional responsibilities, develop an approach that respects s United Nations sustainable development goals, freedoms, rights of the disadvantaged groups, environment, cultural and moral values. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 4 64
Presentation/Seminar Prepration 1 1 1
Project
Report
Homework Assignments 3 1 3
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury 1 10 10
Total Workload 126