INDUSTRIAL ENGINEERING | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
DIS2003 | International Economics | Fall Spring |
2 | 0 | 2 | 3 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | Turkish |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Instructor AYBİKE ELİF BOLCAN |
Course Lecturer(s): |
Instructor AYBİKE ELİF BOLCAN Dr. Öğr. Üyesi MEHMET SITKI SAYGILI |
Recommended Optional Program Components: | This course does not have any recommended optional components. |
Course Objectives: | The object of the course is to provide knowledge to Foreign Trade program students about theories of international trade and ability to analyze effects of political economy, economical consequences with the concepts of foreign exchange transactions, capital flows and balance of payments. |
The students who have succeeded in this course; 1.Find answer to the questions of why countries make trade with each other, what are the components of foreign trade and in which prices foreign trade can be done 2.Identify policies,objectives and instruments of foreign trade 3.Have theoretical knowledge about foreign exchange market 4.Are able to analyze the formation of exchange rate 5.Have knowledge about balance of payment accounts 6.Are able to analyze the causes of balance of payments disequilibrium 7.Are able to analyze the policies of balance of payments deficits 8.Have knowledge about counterpoising balance of payments 9.Have knowledge about international capital flows 10.Have theoretical knowledge about internatonal monetary and capital markets |
Issues such as foreign trade operations, policies of production factors, effects on foreign economic relations on development, international economic mergers and world monetary system is included in the context of this course. |
Week | Subject | Related Preparation |
1) | Analysis of international trade theory: Theory of competitive advantage | None |
2) | International trade theory: Analysis with supply and demand factors | Review of previous lesson |
3) | Factor endowment (Heckscher-Ohlin) theory | Review of previous lesson |
4) | Foreign trade policy | Review of previous lesson |
5) | Customs tariffs | Review of previous lesson |
6) | Non-tariff instruments of trade policy | Review of previous lesson |
7) | The liberalization of world trade | Review of previous lesson |
8) | Globalization and economic mergers | Review of previous lesson |
9) | European Union | Review of previous lesson |
10) | Analysis of the currency market | Review of previous lesson |
11) | Balance of payments | Review of previous lesson |
12) | Equivalance of balance of payments | Review of previous lesson |
13) | International monetary system | Review of previous lesson |
14) | Economic development and foreign trade policies | Review of previous lesson |
Course Notes / Textbooks: | Halil SEYİDOĞLU (2009), Uluslar arası İktisat: Teori, Politika ve Uygulama, Güzem Can Yayınları, İSTANBUL |
References: | Bu derste başka kaynak kullanılmamaktadır. |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 14 | % 10 |
Homework Assignments | 1 | % 20 |
Midterms | 1 | % 20 |
Final | 1 | % 50 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 50 | |
PERCENTAGE OF FINAL WORK | % 50 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 14 | 2 | 28 |
Study Hours Out of Class | 12 | 4 | 48 |
Presentations / Seminar | 11 | 1 | 11 |
Homework Assignments | 2 | 5 | 10 |
Midterms | 1 | 1 | 1 |
Final | 1 | 2 | 2 |
Total Workload | 100 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Build up a body of knowledge in mathematics, science and industrial engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems. | |
2) | Identify, formulate, and solve complex engineering problems; select and apply proper analysis and modeling methods for this purpose. | |
3) | Design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose. The ability to apply modern design methods to meet this objective. | |
4) | Devise, select, and use modern techniques and tools needed for solving complex problems in industrial engineering practice; employ information technologies effectively. | |
5) | Design and conduct experiments, collect data, analyze and interpret results for investigating the complex problems specific to industrial engineering. | |
6) | Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working independently. | |
7) | Demonstrate effective communication skills in both oral and written English and Turkish. Writing and understanding reports, preparing design and production reports, making effective presentations, giving and receiving clear and understandable instructions. | |
8) | Recognize the need for lifelong learning; show ability to access information, to follow developments in science and technology, and to continuously educate him/herself. | |
9) | Develop an awareness of professional and ethical responsibility, and behaving accordingly. Information about the standards used in engineering applications. | |
10) | Know business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development. | |
11) | Know contemporary issues and the global and societal effects of modern age engineering practices on health, environment, and safety; recognize the legal consequences of engineering solutions. | |
12) | Develop effective and efficient managerial skills. |