| School/Faculty/Institute |
Faculty of Econ., Admin. 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) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
|
|
|
|
|
| 2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
|
|
|
|
|
| 3) Displays a sound comprehension of microeconomic and macroeconomic theory.
|
|
|
|
|
|
| 4) Applies economic concepts to solve complex problems and enhance decision-making capability. |
|
|
|
|
|
| 5) Uses quantitative techniques to analyze different economic systems.
|
|
|
|
|
|
| 6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
|
|
|
|
|
| 7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
|
|
|
|
|
| 8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
|
|
|
|
|
|
| 9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
|
|
|
|
|
| 10) Exhibits individual and professional ethical behavior and social responsibility. |
|
|
|
|
|
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
|
|
|
|
|
Relation to Program Outcomes and Competences
| N None |
S Supportive |
H Highly Related |
| |
|
|
| |
Program Outcomes and Competences |
Level |
Assessed by |
| 1) |
Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
H |
|
| 2) |
Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
H |
|
| 3) |
Displays a sound comprehension of microeconomic and macroeconomic theory.
|
H |
|
| 4) |
Applies economic concepts to solve complex problems and enhance decision-making capability. |
S |
|
| 5) |
Uses quantitative techniques to analyze different economic systems.
|
S |
|
| 6) |
Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
H |
|
| 7) |
Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
N |
|
| 8) |
Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
|
S |
|
| 9) |
Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
H |
|
| 10) |
Exhibits individual and professional ethical behavior and social responsibility. |
H |
|
| 11) |
Displays learning skills necessary for further study with a high degree of autonomy |
H |
|
| 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 Readings | International 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 Methods | Flipped classroom |
| Homework and Projects | Assignments and Homework |
| Laboratory Work | None |
| Computer Use | Lab |
| Other Activities | None |
| 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
|
Information Package / Course Catalogue