| School/Faculty/Institute |
Faculty of Econ., Admin. and Social Sciences |
| Course Code |
IR 323 |
| Course Title in English |
Dynamics of International Trade |
| Course Title in Turkish |
Dynamics of International Trade |
| Language of Instruction |
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| Type of Course |
Flipped Classroom |
| Level of Course |
Select |
| Semester |
Fall |
| Contact Hours per Week |
| Lecture: 3 |
Recitation: |
Lab: |
Other: |
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| Estimated Student Workload |
121 hours per semester |
| Number of Credits |
5 ECTS |
| Grading Mode |
Standard Letter Grade
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| Pre-requisites |
None |
| Expected Prior Knowledge |
None |
| Co-requisites |
None |
| Registration Restrictions |
Only Undergraduate Students |
| Overall Educational Objective |
The students will learn the importance of International Trade in the World Economy.
Through the study of different models and policies on Trade, they shall learn to define which model and policy is followed by key World Trade players.
They shall know which are the main World and Regional Trade monitoring and implementing Organizations and their interdependence.
They shall be able to follow international ongoing negotiations, which attract great public and financial interest and understand why they are so important for entrepreneurs, companies and countries around the World.
They shall experience, through practical illustrations, the correlation between global and bilateral trade agreements as manifested through the example of the EU International Trade agreements and its bilateral agreements with specific Organizations and countries.
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| Course Description |
The primary objective of the course will be to familiarize the undergraduate students with the fundamental concept of the International Trade, which is of particular importance for the economic growth and welfare worldwide.
The fundamentals of international trade, such as various theoretical models that describe international trade relations, the role of each theory and its relevance to policy, will be discussed in order for the students to understand the motives and rationale behind international trade.
The course will be devoted to the analysis of major international institutions and organizations that play a significant role in modifying international trade. Students will be provided with an analytical perspective about the norms, principles and mechanisms of the international trade organizations (such as the WTO) and will be able to explore the various negotiations and agreements that have been settled (NAFTA, MERCOSUR, ASEAN), the relationship between multilateral and regional trade agreements and current challenges to the global trading system affecting the world economy.
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| Course Description in Turkish |
Bu dersin başlıca amacı öğrencileri dünya genelinde ekonomik büyüme ve refah yolunda büyük önem taşıyan uluslararası ticaretin temel kavramlarıyla tanıştırmaktır.
Sınıfta tartışılacak konular arasında öğrencilerin uluslararası ticareti teşvik edici nedenleri, ilke ve temelleri anlayabilmesi için uluslararası ticari ilişkileri tanımlayan çeşitli teorik modeller, her teorinin rolü ve politikalara uygunluğu gibi uluslararası ticaretin temel kavramları yer almaktadır.
Bu derste uluslararası ticaretin yapısının değişmesinde büyük rol oynayan başlıca uluslararası kuruluş ve organizasyonların analizine büyük ölçüde yer verilecektir. Öğrencilere uluslararası ticaret organizasyonlarının (WTO gibi) kuralları, prensipleri ve mekanizmaları konusunda analitik bakış açısı sağlanacak ve muhtelif müzakereler ve yapılan anlaşmalar (NAFTA, MERCOSUR, ASEAN), çok uluslu ve bölgesel ticari anlaşmalar arasındaki ilişki ve dünya ekonomisini etkileyen global ticaretin karşılaştığı zorluklar incelenecektir.
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Course Learning Outcomes and Competences
Upon successful completion of the course, the learner is expected to be able to:
1) Understand what is International Trade and the main rules applying to it.
2) Know the principal economic theories and policies governing International Trade.
3) Be familiarized with the main International Organizations of World or Regional Trade and their framework and structure.
4) Acknowledge the correlation between the different trade agreements and its practical consequences on World Economy.
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| Program Learning Outcomes/Course Learning Outcomes |
1 |
2 |
3 |
4 |
| 1) Adequate knowledge of political history necessary to comprehend and effectively evaluate contemporary Political Science and International Relations issues. |
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| 2) Understanding of the fundamental concepts that exist in the fields of social and behavioral sciences as well as the correlation between these concepts |
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| 3) Ability to analyze the fundamental theories in the field Political Science and International Relations and to assess their reflections into practice |
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| 4) Ability to critically discuss different aspects of theories and developments in Political Science and International Relations both individually and in the course of group work during classroom discussions. |
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| 5) Ability to conduct research independently, or with a team, about the developments taking place in the international arena, make foreign policy analyses, develop research-based conflict resolution models, and prepare comprehensive reports using computers and relevant software |
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| 6) Ability to take decisions as well as to implement these decisions by using the knowledge about the field and the skills that have been acquired during the undergraduate studies |
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| 7) Ability to recognize the relations between scientific thought and ethical behavior; pay attention to being tolerant and properly defend different ideas, ideologies and belief systems |
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| 8) Ability to work in international institutions and multicultural environments, with the help of the knowledge on different cultures, societies, political systems as well as linguistic skills acquired during the undergraduate studies |
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| 9) Ability to display language skills in English at minimum B2 level enough for debating with colleagues on issues of Political Science and International Relations, and also display language skills in a second foreign language at minimum A2 level enough for communicating in daily life |
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| 10) Ability to pursue lifelong learning as well as perform advanced/graduate studies in the field Political Science and International Relations and other social sciences disciplines in academic institutions at home and abroad |
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Relation to Program Outcomes and Competences
| N None |
S Supportive |
H Highly Related |
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Program Outcomes and Competences |
Level |
Assessed by |
| 1) |
Adequate knowledge of political history necessary to comprehend and effectively evaluate contemporary Political Science and International Relations issues. |
H |
Exam
|
| 2) |
Understanding of the fundamental concepts that exist in the fields of social and behavioral sciences as well as the correlation between these concepts |
H |
Exam
|
| 3) |
Ability to analyze the fundamental theories in the field Political Science and International Relations and to assess their reflections into practice |
H |
Exam
|
| 4) |
Ability to critically discuss different aspects of theories and developments in Political Science and International Relations both individually and in the course of group work during classroom discussions. |
H |
Exam
|
| 5) |
Ability to conduct research independently, or with a team, about the developments taking place in the international arena, make foreign policy analyses, develop research-based conflict resolution models, and prepare comprehensive reports using computers and relevant software |
H |
Exam
|
| 6) |
Ability to take decisions as well as to implement these decisions by using the knowledge about the field and the skills that have been acquired during the undergraduate studies |
H |
Exam
|
| 7) |
Ability to recognize the relations between scientific thought and ethical behavior; pay attention to being tolerant and properly defend different ideas, ideologies and belief systems |
S |
Exam
|
| 8) |
Ability to work in international institutions and multicultural environments, with the help of the knowledge on different cultures, societies, political systems as well as linguistic skills acquired during the undergraduate studies |
N |
|
| 9) |
Ability to display language skills in English at minimum B2 level enough for debating with colleagues on issues of Political Science and International Relations, and also display language skills in a second foreign language at minimum A2 level enough for communicating in daily life |
N |
|
| 10) |
Ability to pursue lifelong learning as well as perform advanced/graduate studies in the field Political Science and International Relations and other social sciences disciplines in academic institutions at home and abroad |
N |
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| Prepared by and Date |
EVRİM GÖRMÜŞ , January 2024 |
| Course Coordinator |
EVRİM GÖRMÜŞ |
| Semester |
Fall |
| Name of Instructor |
|
Course Contents
| Week |
Subject |
| 1) |
What is International Trade? Figures, trends, growth. |
| 2) |
Reasons behind Trade. Principal World Trade players |
| 3) |
Trade models (1) |
| 4) |
Trade models (2) |
| 5) |
Trade Policy Instruments |
| 6) |
The GATTT – WTO (1) |
| 7) |
Midterm exam |
| 8) |
The GATT – WTO (2) |
| 9) |
Trade remedies. Main rules and principles applicable to trade defense mechanisms under GATT, special Agreements (safeguards, Anti-Dumping, Subsidies and other) |
| 10) |
The NAFTA |
| 11) |
The MERCOSUR |
| 12) |
The ASEAN |
| 13) |
The role of the EU |
| 14) |
Bilateral trade relations of the EU (FTAs) |
| Required/Recommended Readings | All course materials are provided by the lecturer (in the course syllabus) |
| Teaching Methods | Presentations, practical exercises, videos, discussions and simulations |
| Homework and Projects | |
| Laboratory Work | |
| Computer Use | |
| Other Activities | |
| Assessment Methods |
| Assessment Tools |
Count |
Weight |
| Attendance |
14 |
% 30 |
| Midterm(s) |
1 |
% 35 |
| Final Examination |
1 |
% 35 |
| TOTAL |
% 100 |
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| Course Administration |
gormuse@mef.edu.tr
02123953600
Attendance rules: Attendance taken week in class and during exams
Missing an exam equals to course failure
Students are expected to bring their notebook
Plagiarism is not tolerated; students caught copying are ipso facto marked as having failed the course
Participation in class is evaluated on the basis of presence in class and interaction with the Instructor, participation to exercises, exhibiting curiosity and knowledge on the course content
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Information Package / Course Catalogue