| MATHEMATICS (TURKISH, PHD) | |||||
| PhD | TR-NQF-HE: Level 8 | QF-EHEA: Third Cycle | EQF-LLL: Level 8 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| GLA5501 | International Economics | Fall | 3 | 0 | 3 | 8 |
| The course opens with the approval of the Department at the beginning of each semester |
| Language of instruction: | En |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Assoc. Prof. ÇAĞLAR YURTSEVEN |
| Course Lecturer(s): |
Prof. Dr. SADULLAH ÇELİK |
| Course Objectives: | The goal of the course is to give students a better understanding of the world economy, the nature of international economic issues, the roles of international economic institutions and multinational enterprises, and the policy challenges of economic interdependence. |
|
The students who have succeeded in this course; I. Help students understand the business research process and why it takes time and money to do it right. II. Develop ability to think conceptually and develop abstract ideas or concepts to more concrete solutions or results. III. Improve teaming and group effectiveness skills IV. Develop skills in obtaining and interpreting secondary data using internet and library sources. |
| This course provides an introduction to international political economy - the interaction of economics and politics, of markets and government, in the international arena. The course has three fundamental premises: first, economic factors play an important role in international relations; second, the world economy is becoming increasingly integrated and interdependent; third, political institutions and policies have a significant impact on the world economy. |
| Week | Subject | Related Preparation | |
| 1) | Introduction | ||
| 2) | Labor Productivity and Comparative Advantage: The Ricardian Model | Reading | |
| 3) | Specific Factors and Income Distribution | Reading | |
| 4) | Resources and Trade: The Heckscher-Ohlin Model | Reading | |
| 5) | The Effects of Trade | Reading | |
| 6) | The Standard Trade Model | Reading | |
| 7) | Review | ||
| 8) | Tariff, Subsidy and Terms of Trade | Reading | |
| 9) | National Accounts and BOP | Reading | |
| 10) | Exchange Rate and Foreign Exchange Market | Reading | |
| 11) | Money, Interest Rates and Exchange Rates | Reading | |
| 12) | Long-run Price Level and Exchange Rate, Short-run Exchange Rate | Reading | |
| 13) | Foreign Exchange Intervention | Reading | |
| 14) | Review | ||
| Course Notes: | International Economics: Theory and Policy by Paul R. Krugman and Maurice Obstfeld, Addison Wesley, 2003, 6th edition. |
| References: | Dornbusch, Fischer and Samuelson, “Comparative Advantage, Trade and Payments in a Ricardian Model with a Continuum of Goods,” AER, 1977 Baier, Scott and Bergstrand, Jeffrey H. (2001), "The Growth of World Trade: Tariffs, Transport Costs, and Income Similarity." Journal of International Economics 53, 1-27. Brander and Spencer, “Export Subsidies and International Market Share Rivalry,” JIE 18, 1985. P. Isard, Exchange Rate Economics, Cambridge University Press, 1995. |
| 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 | % 0 | |
| Presentation | % 0 | |
| Project | 1 | % 20 |
| Seminar | % 0 | |
| Midterms | 1 | % 30 |
| Preliminary Jury | % 0 | |
| Final | 1 | % 40 |
| Paper Submission | % 0 | |
| Jury | % 0 | |
| Bütünleme | % 0 | |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 40 | |
| PERCENTAGE OF FINAL WORK | % 60 | |
| Total | % 100 | |
| Activities | Number of Activities | Workload | |
| Course Hours | 14 | 42 | |
| Laboratory | |||
| Application | 14 | 96 | |
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 13 | 54 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | |||
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 6 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 2 | |
| Total Workload | 200 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution |