| Week |
Subject |
Related Preparation |
| 1) |
International Trade Theory
• Overview
• Labour Productivity and Comparative Advantage
• Income Distribution and the Gains from Trade
• External Economies and International Trade
• Firms in the Global Economy
• Tariffs & Quotas
• Export Subsidies |
Prereading |
| 2) |
The Political Economy of Trade Policy
• The Case for Free Trade
• Arguments Against Free Trade
• International Trade Agreements Trade Policy in Developing Countries
• The Infant Industry Argument
• Problems of Import Substitution |
Prereading |
| 3) |
Controversies in Trade Policy
• Arguments Against Globalisation
•Globalisation & the Environment |
Prereading |
| 4) |
International Monetary Systems: An Historical Overview
• The Classical Gold Standard
• Flexible Rates and Currency Controls
• Bretton Woods and the IMF • Flexible Exchange Rate Period
• The Case for Floating Exchange Rates
• Currency Boards |
Prereading |
| 5) |
Exchange Rates & Open-Economy Macroecenomics
• The Balance of Payments The Markets For Foreign Exchange
• Introduction to Foreign Exchange Rates
• Forward Exchange Rates
• Currency Futures and Options Markets |
Prereading |
| 6) |
International Parities & Determination of Exchange Rates
• The Purchasing Power Parity Principle
• Interest Parity
• Forecasting FX Rates |
Prereading |
| 7) |
Midterm Exam |
|
| 8) |
Fixed Exchange Rates & Foreign Exchange Intervention
• Stabilization Policies with a Fixed Exchange Rate
• Balance of Payments Crises & Capital Flight |
Prereading |
| 9) |
Optimum Currency Areas & the European Experience
• The Euro and the European Monetary Union
• Prons and Cons of a Monetary Union
• Currency Crises (Brazilian, Mexican, Argentinian, Asian, Turkish and Greek Financial Crises) |
Prereading |
| 10) |
Free Trade Areas and Customs Union |
Prereading |
| 11) |
Foreign Exchange Risk and Exposure International Investment
* Capital Budgeting (Project Finance) |
Prereading |
| 12) |
Institutional Structure of International Trade and Finance *The International Capital Markets: Regulation and Supervision *The Role of BIS |
Prereading |
| 13) |
The International Financial Institutions
* The Key Roles of the IMF and the World Bank
* IFC and IDA |
Prereading |
| 14) |
Instruments and Institutions of International Trade
* Payment and Guaranteeing Procedures (ECA’s, OPIC,MIGA)
* The Financing of International Trade
*Institutions Regulating International Trade |
Prereading |
| Course Notes / Textbooks: |
• International Economics, Theory and Practice,Ninth Edition, Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz. Published by Pearson.
|
| References: |
• International Financial Management, Cheol S. Eun and Bruce G. Resnick, McGraw Hill, 6th edition
• The Economics of Money, Banking, and Financial Markets, Frederic S.Mishkin, Pearson 10th edition |
| |
Program Outcomes |
Level of Contribution |
| 1) |
Being able to develop and deepen their knowledge at the level of expertise in the same or a different field, based on undergraduate level qualifications. |
4 |
| 2) |
To be able to comprehend the interdisciplinary interaction with which the field is related. |
4 |
| 3) |
To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field. |
3 |
| 4) |
To be able to interpret and create new knowledge by integrating the knowledge gained in the field with the knowledge from different disciplines, |
5 |
| 5) |
To be able to solve the problems encountered in the field by using research methods. |
4 |
| 6) |
To be able to systematically transfer current developments in the field and their own studies to groups in and outside the field, in written, verbal and visual forms, by supporting them with quantitative and qualitative data. |
4 |
| 7) |
To be able to critically examine social relations and the norms that guide these relations, to develop them and take action to change them when necessary. |
3 |
| 8) |
To be able to critically evaluate the knowledge and skills acquired in the field of expertise and to direct their learning. |
5 |
| 9) |
To be able to supervise and teach these values by observing social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field. |
3 |
| 10) |
To be able to develop strategy, policy and implementation plans in the fields related to the field and to evaluate the obtained results within the framework of quality processes. |
4 |
| 11) |
To be able to use the knowledge, problem solving and/or application skills they have internalized in their field in interdisciplinary studies. |
5 |
| 12) |
Being able to independently carry out a work that requires expertise in the field. |
4 |
| 13) |
To be able to develop new strategic approaches for the solution of complex and unpredictable problems encountered in applications related to the field and to produce solutions by taking responsibility. |
4 |
| 14) |
Ability to lead in environments that require solving problems related to the field |
4 |
BAHÇEŞEHİR UNIVERSITY BİLGİ PAKETİ / DERS KATALOĞU
