POLITICAL SCIENCE AND INTERNATIONAL RELATIONS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | IB3413 | ||||||||
Ders İsmi: | International Trade Theory | ||||||||
Ders Yarıyılı: |
Spring Fall |
||||||||
Ders Kredileri: |
|
||||||||
Language of instruction: | English | ||||||||
Ders Koşulu: | |||||||||
Ders İş Deneyimini Gerektiriyor mu?: | No | ||||||||
Type of course: | Non-Departmental Elective | ||||||||
Course Level: |
|
||||||||
Mode of Delivery: | Face to face | ||||||||
Course Coordinator : | Assoc. Prof. HÜMEYRA ADIGÜZEL | ||||||||
Course Lecturer(s): | |||||||||
Course Assistants: |
Course Objectives: | This course aims at providing an introduction to the basis of international trade in order to provide students with a theoretical understanding of trade relations among the countries. The course is devoted to the examination of various theoretical approaches (i.e. Ricardian, Heckscher-Ohlin models, new trade theories) that help to explain several questions such as ‘what explains the patterns of trade?, ‘why do nations trade?, What is the basis for trade?, What are the welfare implications of trade liberalization?, Who gains from trade?’. |
Course Content: | 1st Week: General introduction: What is ‘international trade’? Trends in world trade in goods and services. 2nd Week: Classical Trade Model: Absolute Advantages and Opportunity Cost. 3rd Week: Classical Trade Model: The Ricardian Model and Comparative Advantage. 4th Week: Classical Trade Model: The Ricardian Model and Comparative Advantage. 5th Week: Neoclassical Trade Model: The corollaries of ‘Heckscher-Ohlin’ model. 6th Week: Neoclassical Trade Model: Factor endowments and ‘Heckscher-Ohlin’ model. 7th Week: Midterm examination 8th Week: Neoclassical Trade Model: Stolper-Samuelson theorem; Rybczynski theorem; Factor-price equalization theorem. 9th Week: Neoclassical Trade Model: Standard Trade Model. 10th Week: New trade theory: Economies of scale and imperfect competition. 11th Week: New trade theory: Economies of scale and imperfect competition. 12th Week: Implications of Trade New trade theory; strategic trade policy and intra-industry trade. 13th Week: Product cycle theory. 14th Week: Overall evaluation. |
The students who have succeeded in this course;
|
Week | Subject | Related Preparation |
1) | 1st Week: General introduction: What is ‘international trade’? Trends in world trade in goods and services. | |
2) | 2nd Week: Classical Trade Model: Absolute Advantages and Opportunity Cost. | |
3) | 3rd Week: Classical Trade Model: The Ricardian Model and Comparative Advantage. | |
4) | 4th Week: Classical Trade Model: The Ricardian Model and Comparative Advantage. | |
5) | 5th Week: Neoclassical Trade Model: The corollaries of ‘Heckscher-Ohlin’ model. | |
6) | 6th Week: Neoclassical Trade Model: Factor endowments and ‘Heckscher-Ohlin’ model. | |
7) | 7th Week: Review | |
8) | 8th Week: Neoclassical Trade Model: Stolper-Samuelson theorem; Rybczynski theorem; Factor-price equalization theorem. | |
9) | 9th Week: Neoclassical Trade Model: Standard Trade Model. | |
10) | 10th Week: New trade theory: Economies of scale and imperfect competition. | |
11) | 11th Week: New trade theory: Economies of scale and imperfect competition. | |
12) | 12th Week: Implications of Trade New trade theory; strategic trade policy and intra-industry trade. | |
13) | 13th Week: Product cycle theory. | |
14) | 14th Week: Overall evaluation. |
Course Notes / Textbooks: | Temel kaynak kitap: Required Text: Krugman, P. and M. Obstfeld (2011), International Economics, 9th edition, Pearson, Addison Wesley. |
References: | Yararlı eserler: Optional Texts: Caves, Frankel and Jones (2007), World Trade and Payments: An Introduction, 10th edition, Pearson, Addison Wesley. Seyidoğlu, Halil (2009), Uluslararası İktisat, 17. Baskı. (In Turkish). Karluk, Rıdvan (2009), Uluslararası Ekonomi, 9. Baskı, Beta yayınevi. (In Turkish). Pugel, Thomas (2009), International Economics, 14th ed., McGraw-Hill-Irwin. Suranovic, S. (2010), International Trade Theory and Policy, Flat World Knowledge, online textbook. Bhagwati, J. (2002), Free Trade Today, Princeton Univ. Press. WTO (2007), World Trade Review 2007, Geneva: WTO. |
Ders Öğrenme Kazanımları | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Program Outcomes | |||||||||||
1) Grasp basic theoretical and conceptual knowledge about the field and relations between them at the level of practice. | |||||||||||
2) Possess basic knowledge about the causes and effects of political transformations in societies. | |||||||||||
3) Possess knowledge about quantitative, qualitative and mixed research methods in social and behavioral sciences. | |||||||||||
4) Recognize historical patterns while evaluating contemporary political and social developments. | |||||||||||
5) Demonstrate interdisciplinary and critical approach while analyzing, synthesizing and forecasting domestic and foreign policy. | |||||||||||
6) Conduct studies in the field professionally, both independently or as a team member. | |||||||||||
7) Possess consciousness about lifelong learning based on Research & Development. | |||||||||||
8) Communicate with peers both orally and in writing, by using a foreign language at least at a level of European Language Portfolio B1 General Level and the necessary informatics and communication technologies. | |||||||||||
9) Apply field-related knowledge and competences into career advancement, projects for sustainable development goals, and social responsibility initiatives. | |||||||||||
10) Possess the habit to monitor domestic and foreign policy agenda as well as international developments. | |||||||||||
11) Possess competence to interpret the new political actors, theories and concepts in a global era. | |||||||||||
12) Evaluate the legal and ethical implications of advanced technologies on politics. |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Grasp basic theoretical and conceptual knowledge about the field and relations between them at the level of practice. | |
2) | Possess basic knowledge about the causes and effects of political transformations in societies. | |
3) | Possess knowledge about quantitative, qualitative and mixed research methods in social and behavioral sciences. | |
4) | Recognize historical patterns while evaluating contemporary political and social developments. | |
5) | Demonstrate interdisciplinary and critical approach while analyzing, synthesizing and forecasting domestic and foreign policy. | |
6) | Conduct studies in the field professionally, both independently or as a team member. | |
7) | Possess consciousness about lifelong learning based on Research & Development. | |
8) | Communicate with peers both orally and in writing, by using a foreign language at least at a level of European Language Portfolio B1 General Level and the necessary informatics and communication technologies. | |
9) | Apply field-related knowledge and competences into career advancement, projects for sustainable development goals, and social responsibility initiatives. | |
10) | Possess the habit to monitor domestic and foreign policy agenda as well as international developments. | |
11) | Possess competence to interpret the new political actors, theories and concepts in a global era. | |
12) | Evaluate the legal and ethical implications of advanced technologies on politics. |
Semester Requirements | Number of Activities | Level of Contribution |
Quizzes | 2 | % 30 |
Midterms | 1 | % 30 |
Final | 1 | % 40 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 60 | |
PERCENTAGE OF FINAL WORK | % 40 | |
Total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 14 | 40 |
Study Hours Out of Class | 16 | 101 |
Quizzes | 2 | 2 |
Midterms | 1 | 2 |
Final | 1 | 2 |
Total Workload | 147 |