SOFTWARE 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
IB3413	International Trade Theory	Fall	3	0	3	9

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

Basic information

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 :	Assoc. Prof. HÜMEYRA ADIGÜZEL
Recommended Optional Program Components:	None
Course Objectives:	This course aims at providing an introduction to the basis of international trade in order to provide students with a theoretical understanding of trade relations among the countries. The course is devoted to the examination of various theoretical approaches (i.e. Ricardian, Heckscher-Ohlin models, new trade theories) that help to explain several questions such as ‘what explains the patterns of trade?, ‘why do nations trade?, What is the basis for trade?, What are the welfare implications of trade liberalization?, Who gains from trade?’.

Learning Outcomes

The students who have succeeded in this course;
The students who have succeeded in this course;
1. Learn different theoretical models explaining trade patterns, gains from trade and income distribution effects of trade.
2. Evaluate global trade flows by applying the theoretical models learned in this course.
3. Evaluate various debates concerning free trade vs protectionism/mercantilism.
4. Understand the dynamic nature of comparative advantage and identify the situations when this concept is not applicable.
5. Learn the factors that motivate a firm that invests abroad and consequences of foreign investments.
6. Learn to access and interpret data on international trade flows.

Course Content

1st Week: General introduction: What is ‘international trade’? Trends in world trade in goods and services.
2nd Week: Classical Trade Model: Absolute Advantages and Opportunity Cost.
3rd Week: Classical Trade Model: The Ricardian Model and Comparative Advantage.
4th Week: Classical Trade Model: The Ricardian Model and Comparative Advantage.
5th Week: Neoclassical Trade Model: The corollaries of ‘Heckscher-Ohlin’ model.
6th Week: Neoclassical Trade Model: Factor endowments and ‘Heckscher-Ohlin’ model.
7th Week: Midterm examination
8th Week: Neoclassical Trade Model: Stolper-Samuelson theorem; Rybczynski theorem; Factor-price equalization theorem.
9th Week: Neoclassical Trade Model: Standard Trade Model.
10th Week: New trade theory: Economies of scale and imperfect competition.
11th Week: New trade theory: Economies of scale and imperfect competition.
12th Week: Implications of Trade New trade theory; strategic trade policy and intra-industry trade.
13th Week: Product cycle theory.
14th Week: Overall evaluation.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	1st Week: General introduction: What is ‘international trade’? Trends in world trade in goods and services.
2)	2nd Week: Classical Trade Model: Absolute Advantages and Opportunity Cost.
3)	3rd Week: Classical Trade Model: The Ricardian Model and Comparative Advantage.
4)	4th Week: Classical Trade Model: The Ricardian Model and Comparative Advantage.
5)	5th Week: Neoclassical Trade Model: The corollaries of ‘Heckscher-Ohlin’ model.
6)	6th Week: Neoclassical Trade Model: Factor endowments and ‘Heckscher-Ohlin’ model.
7)	7th Week: Review
8)	8th Week: Neoclassical Trade Model: Stolper-Samuelson theorem; Rybczynski theorem; Factor-price equalization theorem.
9)	9th Week: Neoclassical Trade Model: Standard Trade Model.
10)	10th Week: New trade theory: Economies of scale and imperfect competition.
11)	11th Week: New trade theory: Economies of scale and imperfect competition.
12)	12th Week: Implications of Trade New trade theory; strategic trade policy and intra-industry trade.
13)	13th Week: Product cycle theory.
14)	14th Week: Overall evaluation.

Sources

Course Notes / Textbooks:

Temel kaynak kitap:
Required Text:
Krugman, P. and M. Obstfeld (2011), International Economics, 9th edition, Pearson, Addison Wesley.

References:

Yararlı eserler:
Optional Texts:
Caves, Frankel and Jones (2007), World Trade and Payments: An Introduction, 10th edition, Pearson, Addison Wesley.

Seyidoğlu, Halil (2009), Uluslararası İktisat, 17. Baskı. (In Turkish).

Karluk, Rıdvan (2009), Uluslararası Ekonomi, 9. Baskı, Beta yayınevi. (In Turkish).

Pugel, Thomas (2009), International Economics, 14th ed., McGraw-Hill-Irwin.

Suranovic, S. (2010), International Trade Theory and Policy, Flat World Knowledge, online textbook.

Bhagwati, J. (2002), Free Trade Today, Princeton Univ. Press.

WTO (2007), World Trade Review 2007, Geneva: WTO.

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Quizzes	2	% 30
Midterms	1	% 30
Final	1	% 40
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Workload
Course Hours	14	40
Study Hours Out of Class	16	101
Quizzes	2	2
Midterms	1	2
Final	1	2
Total Workload		147

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)	Be able to specify functional and non-functional attributes of software projects, processes and products.
2)	Be able to design software architecture, components, interfaces and subcomponents of a system for complex engineering problems.
3)	Be able to develop a complex software system with in terms of code development, verification, testing and debugging.
4)	Be able to verify software by testing its program behavior through expected results for a complex engineering problem.
5)	Be able to maintain a complex software system due to working environment changes, new user demands and software errors that occur during operation.
6)	Be able to monitor and control changes in the complex software system, to integrate the software with other systems, and to plan and manage new releases systematically.
7)	Be able to identify, evaluate, measure, manage and apply complex software system life cycle processes in software development by working within and interdisciplinary teams.
8)	Be able to use various tools and methods to collect software requirements, design, develop, test and maintain software under realistic constraints and conditions in complex engineering problems.
9)	Be able to define basic quality metrics, apply software life cycle processes, measure software quality, identify quality model characteristics, apply standards and be able to use them to analyze, design, develop, verify and test complex software system.
10)	Be able to gain technical information about other disciplines such as sustainable development that have common boundaries with software engineering such as mathematics, science, computer engineering, industrial engineering, systems engineering, economics, management and be able to create innovative ideas in entrepreneurship activities.
11)	Be able to grasp software engineering culture and concept of ethics and have the basic information of applying them in the software engineering and learn and successfully apply necessary technical skills through professional life.
12)	Be able to write active reports using foreign languages and Turkish, understand written reports, prepare design and production reports, make effective presentations, give clear and understandable instructions.
13)	Be able to have knowledge about the effects of engineering applications on health, environment and security in universal and societal dimensions and the problems of engineering in the era and the legal consequences of engineering solutions.