| FOREIGN TRADE (TURKISH) | |||||
| Associate | TR-NQF-HE: Level 5 | QF-EHEA: Short Cycle | EQF-LLL: Level 5 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| DIS2003 | International Economics | Fall | 2 | 0 | 2 | 3 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | Tr |
| Type of course: | Departmental Elective |
| Course Level: | Associate |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Instructor AYBİKE ELİF BOLCAN |
| Course Lecturer(s): |
Instructor AYBİKE ELİF BOLCAN Dr. Öğr. Üyesi MEHMET SITKI SAYGILI |
| Course Objectives: | The object of the course is to provide knowledge to Foreign Trade program students about theories of international trade and ability to analyze effects of political economy, economical consequences with the concepts of foreign exchange transactions, capital flows and balance of payments. |
|
The students who have succeeded in this course; 1.Find answer to the questions of why countries make trade with each other, what are the components of foreign trade and in which prices foreign trade can be done 2.Identify policies,objectives and instruments of foreign trade 3.Have theoretical knowledge about foreign exchange market 4.Are able to analyze the formation of exchange rate 5.Have knowledge about balance of payment accounts 6.Are able to analyze the causes of balance of payments disequilibrium 7.Are able to analyze the policies of balance of payments deficits 8.Have knowledge about counterpoising balance of payments 9.Have knowledge about international capital flows 10.Have theoretical knowledge about internatonal monetary and capital markets |
| Issues such as foreign trade operations, policies of production factors, effects on foreign economic relations on development, international economic mergers and world monetary system is included in the context of this course. |
| Week | Subject | Related Preparation | |
| 1) | Analysis of international trade theory: Theory of competitive advantage | None | |
| 2) | International trade theory: Analysis with supply and demand factors | Review of previous lesson | |
| 3) | Factor endowment (Heckscher-Ohlin) theory | Review of previous lesson | |
| 4) | Foreign trade policy | Review of previous lesson | |
| 5) | Customs tariffs | Review of previous lesson | |
| 6) | Non-tariff instruments of trade policy | Review of previous lesson | |
| 7) | The liberalization of world trade | Review of previous lesson | |
| 8) | Globalization and economic mergers | Review of previous lesson | |
| 9) | European Union | Review of previous lesson | |
| 10) | Analysis of the currency market | Review of previous lesson | |
| 11) | Balance of payments | Review of previous lesson | |
| 12) | Equivalance of balance of payments | Review of previous lesson | |
| 13) | International monetary system | Review of previous lesson | |
| 14) | Economic development and foreign trade policies | Review of previous lesson | |
| Course Notes: | Halil SEYİDOĞLU (2009), Uluslar arası İktisat: Teori, Politika ve Uygulama, Güzem Can Yayınları, İSTANBUL |
| References: | Bu derste başka kaynak kullanılmamaktadır. |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 14 | % 10 |
| Laboratory | % 0 | |
| Application | % 0 | |
| Field Work | % 0 | |
| Special Course Internship (Work Placement) | % 0 | |
| Quizzes | % 0 | |
| Homework Assignments | 1 | % 20 |
| Presentation | % 0 | |
| Project | % 0 | |
| Seminar | % 0 | |
| Midterms | 1 | % 20 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 50 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 50 | |
| PERCENTAGE OF FINAL WORK | % 50 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 2 | 28 |
| Laboratory | 0 | 0 | 0 |
| Application | 0 | 0 | 0 |
| Special Course Internship (Work Placement) | 0 | 0 | 0 |
| Field Work | 0 | 0 | 0 |
| Study Hours Out of Class | 12 | 4 | 48 |
| Presentations / Seminar | 11 | 1 | 11 |
| Project | 0 | 0 | 0 |
| Homework Assignments | 2 | 5 | 10 |
| Quizzes | 0 | 0 | 0 |
| Preliminary Jury | 0 | 0 | 0 |
| Midterms | 1 | 1 | 1 |
| Paper Submission | 0 | 0 | 0 |
| Jury | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
| Total Workload | 100 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | He/she comprehends the main theories and terminology of International Trade. | |
| 2) | He/she comprehends the custom operations. | |
| 3) | He/she applies international finance and accounting knowledge to business life. | |
| 4) | He/she has skills of using computer and software. | |
| 5) | He/she analyses Turkey and EU foreign trade structure. | |
| 6) | He/she brings in the basic reason of international marketing. | |
| 7) | He/she consults basic law rules and legislation which built the legal frame of foreign trade. | |
| 8) | He/she evaluates and analyses risks which foreign trade companies may meet. | |
| 9) | He/she comprehends the international logistics and transportation. | |
| 10) | He/she has the qualification and eligibility to work on international platform. | |
| 11) | He/she uses efficient oral and written communication skills. | |
| 12) | He/she follows and applies the national and international actual and the economic developments about foreign trade. | |
| 13) | He/she has vocational ethical value that market needs in qualified staff, can use Turkish effectively in writing and speaking communication; have proficiency in foreign language knowledge to making international correspond. |