ECTS - International Economics
International Economics (ECON509) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| International Economics | ECON509 | General Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | Elective Courses |
| Course Level | Social Sciences Master's Degree |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Demonstration. |
| Course Lecturer(s) |
|
| 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;
|
| Course Content | Labor productivity and comparative advantage: the Ricardian model, resources, comparative advantage and income distribution, the standard trade model, economies of scale, imperfect competition, and international trade, international factor movements, the instruments of trade policy, the political economy of trade policy, trade policy in developing |
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. |
|---|---|
| 2. International Economics: Dennis R. Appleyard and Alfred J. Field, Jr.; Irwin McGraw-Hill; Boston et al; 1998. | |
| 3. Uluslararası İktisat: Teori, Politika ve Uygulama; Prof. Dr. Halil Seyidoğlu; Güzem Can Yayınları; İstanbul, 2007. |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 15 |
| 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 | 30 |
| Toplam | 13 | 90 |
| 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 advanced level of knowledge about the field of Public Finance-Tax in order to gain practical gains. | |||||
| 2 | He/she can identify the issues related to Finance-Tax area by considering them within the framework of a method and report and evaluate them from an analytical point of view. | |||||
| 3 | Able to understand, interpret and analyze economic and financial events, equipped with knowledge of certain disciplines, especially economics, business and law | |||||
| 4 | Develops policies and strategies for the solution of problems by establishing the cause-effect relationship related to financial and economic problems through theoretical information and current discussions, by making financial analyzes. | |||||
| 5 | By establishing the relationship of public financial management and budget theory with public policies, he/she makes strong budget analysis, develops analyzes on public finance and establishes the policy implementation relationship. | |||||
| 6 | Understanding tax theory, learning the legal background, following the developments and gaining a professional competence in tax matters effectively develop it. | |||||
| 7 | Have knowledge of accounting systems in private and public institutions and businesses, analyze and interpret the financial and financial structure of businesses with the knowledge and competence gained. | |||||
| 8 | Gain knowledge of macroeconomic structure and growth theory, including theoretical and country examples, and evaluate economic developments from a theoretical perspective. | |||||
| 9 | Can use foreign language in financial and economic fields, follow international literature, communicate on professional issues. | |||||
| 10 | By using information technologies, digital developments and common software, it benefits from technological developments in studies specific to its field. | |||||
| 11 | It uses qualitative and quantitative methods necessary for the analysis of economic, financial, social and institutional events. | |||||
| 12 | While fulfilling its academic and professional responsibilities, the United Nations develops an approach that respects sustainable development goals, fundamental freedoms, disadvantaged groups, the environment, cultural and moral values. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | |||
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 3 | 48 |
| Presentation/Seminar Prepration | 1 | 5 | 5 |
| Project | 1 | 10 | 10 |
| Report | |||
| Homework Assignments | 3 | 1 | 3 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | |||
| Prepration of Final Exams/Final Jury | 1 | 15 | 15 |
| Total Workload | 81 | ||