Language of instruction: |
English |
Type of course: |
Departmental Elective |
Course Level: |
Bachelor’s Degree (First Cycle)
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Mode of Delivery: |
Face to face
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Course Coordinator : |
Assist. Prof. FADİME İREM DOĞAN |
Course Lecturer(s): |
Assist. Prof. FADİME İREM DOĞAN
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Recommended Optional Program Components: |
None |
Course Objectives: |
The main objective of this course is to provide students with an analytical perspective about international trade relations and negotiations by referring to the relationship between trade theory/trade policy instruments, and current trade relations. The course is divided into two parts: it starts with the objective of this course is to extend monetary economics and macroeconomics into the realm of international finance. Specifically, we will learn about the basic functioning of the international currency and capital markets, balance of payments accounts, how countries make macroeconomic policy decisions, and how these decisions affect interest rates, prices and exchange rates. Second part is on theoretical approach to trade and trade policy instruments.
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Week |
Subject |
Related Preparation |
1) |
Introduction & Explanation of the Syllabus
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2) |
Global Macroeconomy
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3) |
Introduction to Exchange Rates and Foreign Exchange Market |
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4) |
Exchange Rate: Monetary Approach in the Long-Run |
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5) |
Exchange Rate: Asset Approach in the Short-Run
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6) |
National and International Accounts: Income, Wealth and the Balance of Payments
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7) |
Balance of Payments: The Gains from Financial Globalization
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8) |
Midterm Week
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9) |
Balance of Payments: Output, Exchange Rates, and Macroeconomic Policies in the Short-Run
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10) |
Fixed versus Floating: International Monetary Experience
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11) |
Exchange Rate Crises: How Pegs Work and How They Break
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12) |
Instruments of Trade Policy & Political Economy of Trade Policy
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13) |
Trade Policy in Developing Countries
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14) |
Controversies in Trade Policy |
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Program Outcomes |
Level of Contribution |
1) |
Being able to identify problems and ask right questions |
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2) |
Having problem solving skills and developing necessary analytical attitude |
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3) |
Comprehending theoretical arguments along with counter arguments in detail |
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4) |
Gaining awareness of lifelong learning and being qualified for pursuing graduate education |
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5) |
Applying theoretical concepts in project planning |
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6) |
Communicating efficiently by accepting differences and carrying out compatible teamwork |
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7) |
Increasing efficiency rate in business environment |
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8) |
Developing innovative and creative solutions in face of uncertainty |
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9) |
Researching to gather information for understanding current threats and opportunities in business |
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10) |
Being aware of the effects of globalization on society and business while deciding |
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11) |
Possessing digital competence and utilizing necessary technology |
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12) |
Communicating in at least one foreign language in academic and daily life |
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13) |
Possessing managing skills and competence |
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14) |
Deciding with the awareness of the legal and ethical consequences of business operations |
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15) |
Expressing opinions that are built through critical thinking process in business and academic environment |
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