ENERGY SYSTEMS ENGINEERING
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
DIS2003	International Economics	Fall	2	0	2	3

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

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.

Learning Outcomes

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

Course Content

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.

Weekly Detailed Course Contents

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

Sources

Course Notes / Textbooks:	Halil SEYİDOĞLU (2009), Uluslar arası İktisat: Teori, Politika ve Uygulama, Güzem Can Yayınları, İSTANBUL
References:	Bu derste başka kaynak kullanılmamaktadır.

Evaluation System

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

ECTS / Workload Table

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

Contribution of Learning Outcomes to Programme Outcomes

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 Energy Systems Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2)	Ability to identify, formulate, and solve complex Energy Systems Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3)	Ability to design complex Energy systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4)	Ability to devise, select, and use modern techniques and tools needed for solving complex problems in Energy Systems Engineering practice; employ information technologies effectively.
5)	Ability to design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Energy Systems Engineering.
6)	Ability to cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Energy Systems-related problems
7)	Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8)	Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9)	Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Energy Systems Engineering applications.
10)	Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11)	Acquire knowledge about the effects of practices of Energys Systems Engineering on health, environment, security in universal and social scope, and the contemporary problems of Energys Systems engineering; is aware of the legal consequences of Energys Systems engineering solutions.