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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
IB3414	International Trade Policy	Spring	3	0	3	7

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 :	Assist. Prof. FADİME İREM DOĞAN
Course Lecturer(s):	Assist. Prof. FADİME İREM DOĞAN
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.

Learning Outcomes

The students who have succeeded in this course;
1. Learn the basic theoretical framework of trade policy analysis and apply this in particular cases
2. Learn the role and limitations of WTO and other international institutions governing the rule-based system of world economic order.
3. Learn about the widening scope of trade policy related issues such as environmental concerns, labor standards and intellectual property rights.
4. Learn about the role of domestic and international conflict of interests in determining trade policy.
5. Learn about regional economic integration and free trade agreements
6. Learn to access and interpret data on international trade policy.
7. Understand and analyze the factors influencing exchange rates, including both the monetary approach in the long run and the asset approach in the short run.
8. Evaluate the effects of different exchange rate regimes (fixed versus floating) and understand the dynamics of exchange rate crises, including how currency pegs are maintained and how they may collapse.

Course Content

The course examines trade policy instruments such as tariffs, quotas, and subsidies, alongside international trade agreements and their implications for global trade dynamics.
The teaching methods of this course include lecture and technology-enhanced learning .

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	Introduction & Explanation of the Syllabus
2)	Global Macroeconomy
3)	Introduction to Exchange Rates and Foreign Exchange Market
4)	Exchange Rate: Monetary Approach in the Long-Run
5)	Exchange Rate: Asset Approach in the Short-Run
6)	National and International Accounts: Income, Wealth and the Balance of Payments
7)	Balance of Payments: The Gains from Financial Globalization
8)	Midterm Week
9)	Balance of Payments: Output, Exchange Rates, and Macroeconomic Policies in the Short-Run
10)	Fixed versus Floating: International Monetary Experience
11)	Exchange Rate Crises: How Pegs Work and How They Break
12)	Instruments of Trade Policy & Political Economy of Trade Policy
13)	Trade Policy in Developing Countries
14)	Controversies in Trade Policy

Sources

Course Notes / Textbooks:
References:	Krugman, P. R., Obstfeld, M., Melitz, M. (2021). International Economics: Theory and Policy, 12th edition, Prentice Hall.

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Attendance	14	% 10
Homework Assignments	1	% 10
Midterms	1	% 30
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	3	42
Study Hours Out of Class	11	12	132
Homework Assignments	2	1	2
Midterms	1	1	1
Jury	1	1	1
Total Workload			178

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)	To prepare students to become communication professionals by focusing on strategic thinking, professional writing, ethical practices, and the innovative use of both traditional and new media	2
2)	To be able to explain and define problems related to the relationship between facts and phenomena in areas such as Advertising, Persuasive Communication, and Brand Management
3)	To critically discuss and interpret theories, concepts, methods, tools, and ideas in the field of advertising
4)	To be able to follow and interpret innovations in the field of advertising
5)	To demonstrate a scientific perspective in line with the topics they are curious about in the field.
6)	To address and solve the needs and problems of the field through the developed scientific perspective
7)	To recognize and understand all the dynamics within the field of advertising
8)	To analyze and develop solutions to problems encountered in the practical field of advertising