IB3414 International Trade PolicyBahçeşehir UniversityDegree Programs INDUSTRIAL DESIGNGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
INDUSTRIAL DESIGN
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 : 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