IB3414 International Trade PolicyBahçeşehir UniversityDegree Programs ENERGY SYSTEMS ENGINEERINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ENERGY SYSTEMS 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
IB3414 International Trade Policy Fall 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 : Assoc. Prof. HÜMEYRA ADIGÜZEL
Course Lecturer(s): Prof. Dr. YAVUZ GÜNALAY
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 four parts: it starts with a theoretical approach to trade and trade policy instruments; then focuses on political economy of free trade and trade policy process. The third part is on international trade negotiations and the institutions (mainly the GATT and the WTO); their norms, principles and essential mechanisms; followed by a series of lectures on multilateral and regional trade arrangements and current topics in the global trading system

Learning Outcomes

The students who have succeeded in this course;
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.

Course Content

1st Week: International Trade Policy: An Introduction
2nd Week: Trade Policy instruments: Tariffs
3rd Week: Trade Policy instruments: non-tariff barriers
4th Week: Free trade vs. trade protection
5th Week: Political economy of trade policy: theoretical background
6th Week: Political economy of trade policy: rent-seeking
7th Week: Midterm
8th Week: International trade institutions: WTO
9th Week: WTO Multilateral Trade Arrangements: Industrial goods, trade in agriculture
10th Week: WTO Multilateral Trade Arrangements: Trade in services
11th Week: Doha Round of multilateral trade negotiations
12th Week: Preferential trade arrangements and regionalism
13th Week: Trade-and-Beyond-the-Border issues
14th Week: Current topics in world trade

Weekly Detailed Course Contents

Week Subject Related Preparation
1) 1st Week: International Trade Policy: An Introduction
2) 2nd Week: Trade Policy instruments: Tariffs
3) 3rd Week: Trade Policy instruments: non-tariff barriers
4) 4th Week: Free trade vs. trade protection
5) 5th Week: Political economy of trade policy: theoretical background
6) 6th Week: Political economy of trade policy: rent-seeking
7) 7th Week: Review
8) 8th Week: International trade institutions: WTO
9) 9th Week: WTO Multilateral Trade Arrangements: Industrial goods, trade in agriculture
10) 10th Week: WTO Multilateral Trade Arrangements: Trade in services
11) 11th Week: Doha Round of multilateral trade negotiations
12) 12th Week: Preferential trade arrangements and regionalism
13) 13th Week: Trade-and-Beyond-the-Border issues
14) 14th Week: Current topics in world trade

Sources

Course Notes / Textbooks: Bu ders için tek bir ders kitabı olmayıp, aşağıdaki eserlerin ilgili bölümleri temel okuma parçaları olarak tavsiye edilmektedir:
There is no single textbook for this course. Relevant chapters in the following books are suggested as essential reading to provide a background:

Hoekman, B. and M. Kostecki (2009), The Political Economy of the World Trading System: The WTO and Beyond, Third Edition, Oxford University Press.

Barton, Goldstein, Josling and Steinberg (2006), The Evolution of the Trade Regime: Politics, Law, and Economics of the GATT and the WTO, Princeton University Press.

Trebilcock, M. and R. Howse (2005), The Regulation of International Trade, Third Edition, Routledge.

Van den Bossche, P. (2008), The Law and Policy of the World Trade Organization: Text, Cases and Materials Second Edition, Cambridge University Press.

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

Bagwell, K. and Staiger, R. (2002), The
Economics of the World Trading System, The MIT Press.

Rodrik, Dani (2011), The Globalisation Paradox, Oxford University Press.
References:

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 5
Midterms 1 % 40
Final 1 % 55
Total % 100
PERCENTAGE OF SEMESTER WORK % 45
PERCENTAGE OF FINAL WORK % 55
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 40
Study Hours Out of Class 16 102
Midterms 1 2
Final 1 2
Total Workload 146

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) Build up a body of knowledge in mathematics, science and Energy Systems Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2) Ability to identify, formulate, and solve complex Energy Systems Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3) Ability to design complex Energy systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4) Ability to devise, select, and use modern techniques and tools needed for solving complex problems in Energy Systems Engineering practice; employ information technologies effectively.
5) Ability to design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Energy Systems Engineering.
6) Ability to cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Energy Systems-related problems
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8) Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9) Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Energy Systems Engineering applications.
10) Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11) Acquire knowledge about the effects of practices of Energys Systems Engineering on health, environment, security in universal and social scope, and the contemporary problems of Energys Systems engineering; is aware of the legal consequences of Energys Systems engineering solutions.