FOREIGN TRADE (TURKISH) | |||||
Associate | TR-NQF-HE: Level 5 | QF-EHEA: Short Cycle | EQF-LLL: Level 5 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
BA4005 | Global Economics | Spring Fall |
3 | 0 | 3 | 4 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Associate (Short Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Prof. Dr. ÜMİT EROL |
Recommended Optional Program Components: | None |
Course Objectives: | This course aims to understand macro economic imbalances at the global level, discuss their consequences on the global economy and main national economies. |
The students who have succeeded in this course; The students who succeeded in this course will acquire a solid understanding of following concepts: 1) Understand macro economic imbalances at the global level, discuss their consequences on the global economy and main national economies (USA, China…) 2) Analyze the emergence of the debt crises in UE and discuss proposed solutions 3) Understand the theoretical premises of a monetary union and discuss these premises within the context of EMU 4) Understand the climate debate, analyzing contradictory positions among nations and evaluate the argumentations from a economic rationality 5) Analyze long run dynamics of energy supply and demand and discuss their economic and political consequences |
Macroeconomic Imbalances in the World Economy(High Savings versus Low Savings) Deficiencies of the International Monetary System Debt Crisis in the European Union Sustainability of European Monetary Union and its Future Inflation and Its Consequences Energy Prices in the Long Run and its Consequences on World Economy and Politics |
Week | Subject | Related Preparation |
1) | Introduction | |
2) | Era of World Wars and Closing in: First half of the 20th Century | |
3) | Industrial Revolution and Free Trade: 19th Century | |
4) | Late Industrializations and the Emergence of the New Word Economy | |
5) | An unbalanced world trade growth and Macroeconomic Imbalances | |
6) | An unbalanced world trade growth and Macroeconomic Imbalances | |
7) | Need of a Stable International Monetary System | |
8) | Midterm | |
9) | Construction of Europe: Hopes and Disappointments | |
10) | Pressures on Resources, particularly on fossil energy | |
11) | Growing population and food scarcity | |
12) | Growing population and food scarcity | |
13) | Aging Populations and Populations in Transition | |
14) | Aging Populations and Populations in Transition |
Course Notes / Textbooks: | Economics and the Global Environment; Charles S. Pearson / Cambridge University Press. |
References: | Various handouts |
Semester Requirements | Number of Activities | Level of Contribution |
Homework Assignments | 1 | % 20 |
Midterms | 1 | % 40 |
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 | 42 |
Study Hours Out of Class | 14 | 42 |
Homework Assignments | 12 | 37 |
Midterms | 1 | 7 |
Final | 1 | 10 |
Total Workload | 138 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | He/she comprehends the main theories and terminology of International Trade. | |
2) | He/she comprehends the custom operations. | |
3) | He/she applies international finance and accounting knowledge to business life. | |
4) | He/she has skills of using computer and software. | |
5) | He/she analyses Turkey and EU foreign trade structure. | |
6) | He/she brings in the basic reason of international marketing. | |
7) | He/she consults basic law rules and legislation which built the legal frame of foreign trade. | |
8) | He/she evaluates and analyses risks which foreign trade companies may meet. | |
9) | He/she comprehends the international logistics and transportation. | |
10) | He/she has the qualification and eligibility to work on international platform. | |
11) | He/she uses efficient oral and written communication skills. | |
12) | He/she follows and applies the national and international actual and the economic developments about foreign trade. | |
13) | He/she has vocational ethical value that market needs in qualified staff, can use Turkish effectively in writing and speaking communication; have proficiency in foreign language knowledge to making international correspond. |