ECON 304 International EconomicsMEF UniversityDegree Programs PsychologyGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Psychology
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute Faculty of Economics, Administrative and Social Sciences
Course Code ECON 304
Course Title in English International Economics
Course Title in Turkish Uluslararası Ekonomi
Language of Instruction EN
Type of Course Flipped Classroom
Level of Course Advanced
Semester Spring
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 135 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites ECON 202 - Microeconomic Theory II
Expected Prior Knowledge Knowledge of microeconomic theory.
Co-requisites None
Registration Restrictions Only Undergraduate Students
Overall Educational Objective To gain an understanding of the theoretical, empirical and policy issues relating to international economics.
Course Description The purpose of this course is to provide an analytical framework for the analysis of international trade issues. Our starting point will be the examination of models in traditional trade theory. Other topics covered in the class include understanding the reasons behind international trade across various trade models, the welfare gains and losses from trade, and trade policies and instruments of trade policy.
Course Description in Turkish Bu dersin amacı, uluslararası ekonomi konuları hakkında analitik bir çerçeve sağlamaktır. Geleneksel ticaret teorisindeki modellerden başlanarak, farklı modeller kapsamında dış ticaretin kaynakları, dış ticaret ve refah etkileri, dış ticaret politikaları ve enstrümanları incelenecektir.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) Understand key concepts in international trade as well as historical and contemporary trends in world trade;
2) Comprehend the major trade models including Ricardian Model, Specific Factors Model, Heckscher-Ohlin Model, and Standard Trade Model;
3) Explain the tools of international trade policy and the political forces influencing the formulation and implementation of trade policies;
4) Assess the challenges faced by developing countries in implementing trade policies;
5) Analyze key controversies and debates in the field of international trade policy.
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4 5
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology.
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation.
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes.
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts.
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline.
6) Internalization and dissemination of professional ethical standards.
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences.
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level).
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity.
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement.
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses.
12) Ability to acquire knowledge independently, and to plan one’s own learning.
13) Demonstration of advanced competence in the clarity and composition of written work and presentations.

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. N
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. N
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. H Exam,HW,Participation
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. N
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. N
6) Internalization and dissemination of professional ethical standards. N
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. N
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). N
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. S Participation
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. S HW,Participation
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. N
12) Ability to acquire knowledge independently, and to plan one’s own learning. S Exam,HW
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. H Exam,HW
Prepared by and Date NAZLI KARAMOLLAOĞLU , November 2023
Course Coordinator NAZLI KARAMOLLAOĞLU
Semester Spring
Name of Instructor Assoc. Prof. Dr. NAZLI KARAMOLLAOĞLU

Course Contents

Week Subject
1) Introduction
2) World Trade: An Overview
3) Labor Productivity and Comparative Advantage
4) Specific Factors and Income Distribution
5) Resources and Trade: The Heckscher-Ohlin Model
6) The Standard Trade Model
7) Midterm Week
8) External Economies of Scale and the International Location of Production
9) Firms in the Global Economy
10) The Instruments of Trade Policy
11) The Political Economy of Trade Policy
12) Trade Policy in Developing Countries
13) Controversies in Trade Policy and Review
14) Review
15) Final Examination Period
16) Final Examination Period
Required/Recommended ReadingsInternational Economics - 2017-2018 SPR Course ID: karamollaoglu69954 Course Materials: Krugman, International Trade: Theory and Policy, 10/e, Global Edition Author(s): Krugman, Paul | Melitz, Marc | Obstfeld, Maurice Textbook ISBN-13: 9781292060439
Teaching MethodsFlipped classroom
Homework and ProjectsAssignments and Homework
Laboratory WorkNone
Computer UseLab
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Homework Assignments 3 % 30
Midterm(s) 1 % 25
Final Examination 1 % 45
TOTAL % 100
Course Administration nazli.karamollaoglu@mef.edu.tr

More detailed information about the course, like office hours, can be found in the blackboard. Attendance is required. Academic Dishonesty and Plagiarism: YOK Regulation

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 1.5 3 2 91
Homework Assignments 10 1 1 20
Quiz(zes) 4 1 0.5 6
Midterm(s) 1 6 2 8
Final Examination 1 10 2 12
Total Workload 137
Total Workload/25 5.5
ECTS 5