| INTERNATIONAL TRADE AND BUSINESS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| LAW3222 | Law and Economics | Fall | 3 | 0 | 3 | 8 |
| 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: | Bachelor’s Degree (First Cycle) |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Prof. Dr. KADİR EMRE GÖKYAYLA |
| Course Lecturer(s): |
Assoc. Prof. EMİN KÖKSAL |
| Recommended Optional Program Components: | Optional Course Materials: videos, games, etc. |
| Course Objectives: | The course aims to put the interaction between the legal system and the market system. It examines why law is necessary for markets to function and it uses economic principles to analyze laws. |
|
The students who have succeeded in this course; I. Defines the economic theory of property II. Defines the Coase theorem III. Defines the economic theory of tort law IV. Defines the social cost of accidents V. Identifies the optimum precaution VI. Defines an economic theory of crime and punishment VII. Identifies the optimum deterrence VIII. Defines antitrust law and regulated industries IX. Analyzes regulated industries X. Defines privatization and deregulation |
| An economic theory of property,An economic theory of tort law, An economic theory of crime and punishment, An economic theory of contract, Antitrust law and regulated industries, Privatization & Deregulation |
| Week | Subject | Related Preparation |
| 1) | An introduction to law and economics | |
| 2) | An economic theory of property | |
| 3) | Topics in the economics of property law | |
| 4) | An economic theory of tort law | |
| 5) | Topics in the economics of tort liability | |
| 6) | An economic theory of crime and punishment | |
| 7) | Review | |
| 8) | Topics in crime and punishment | |
| 9) | An economic theory of contract | |
| 10) | Topics in the economics of contract law | |
| 11) | Antitrust law and regulated industries | |
| 12) | Topics in antitrust law and regulated industries | |
| 13) | Privatization | |
| 14) | Privatization & Deregulation |
| Course Notes / Textbooks: | Law & Economics, Robert Cooter and Thomas Ulen; Pearson Education |
| References: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Midterms | 1 | % 40 |
| Final | 1 | % 60 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 13 | 3 | 39 |
| Study Hours Out of Class | 13 | 13 | 169 |
| Midterms | 1 | 2 | 2 |
| Final | 1 | 2 | 2 |
| Total Workload | 212 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Has theoretical and practical knowledge on management, business, trade, economy, entrepreneurship, innovation, sustainable development related to International Trade and Business and can use this information | |
| 2) | Can collect data from different sources in the global business world and successfully apply research techniques, use information and communication technologies. | |
| 3) | Can analyze opportunities and threats with strategic thinking skills by using different resources and channels in the ever-changing global business world. | |
| 4) | Can communicate orally and in writing with a good knowledge of English grammar. | |
| 5) | He / she can transfer the knowledge and skills he / she has acquired in the field to the relevant people in written and oral form and evaluate them critically. | |
| 6) | Adopts the principles of business ethics with the awareness of professional responsibility and can apply these principles within the framework of legal rules in the field of global trade and business. | |
| 7) | He / she can collaborate in and out of the field, take responsibility, respect cultural differences and have ethical values. | |
| 8) | Has sufficient awareness of social rights, justice, cultural values, environmental awareness, occupational health and safety. | |
| 9) | With the lifelong learning skill acquired, she/he can identify learning needs and improve herself/himself |