| BUSINESS ADMINISTRATION | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| IB4322 | World Trade Organization and European Union | Spring | 3 | 0 | 3 | 6 |
| 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: | Bachelor |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Prof. Dr. ELA ÜNLER |
| Course Lecturer(s): |
Dr. BYRON MATARANGAS |
| Course Objectives: | This course is designed to provide an introduction to the economic, institutional and political issues involved in global trade policy discussion; and the position of the EU in current commercial relations. The aims of the course are to provide students with the necessary knowledge for a deeper understanding of modern trade relations of the European Union; and to improve the analytical thinking in matters pertinent to world trading system. The lectures begin by covering the essentials of trade policy, it is followed by a consideration of evolution of the world trading system under the auspices of GATT and the WTO (World Trade Organisation). The course finally turns to the evolution of and the developments in trade policy in the European Union. It analyses the EU’s priorities in the multilateral and regional trade negotiations and its new ‘Global Europe’ strategy. |
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The students who have succeeded in this course; I.Encounters economic and political concepts underlying the world trading system II.Understands historical evolution of the Post WW-II world trading system and the GATT/WTO III.Learns how to evaluate and to make an analysis of modern trade relations among countries IV.Knows institutional functioning of the WTO V.Knows the agenda issues and problems in multilateral trade negotiations (i.e. Doha Development Round) VI.Identifies problems and disputed issues in international trade and new trade policy agenda VII.Describes the main characteristics of the EU trade policy VIII.Improves an analytical thinking in matters pertinent to EU’s trade strategy and the developments thereof IX.Identifies the priorities and common position of the EU in world multilateral trade negotiations X.Identifies the motives for and the dimensions of EU’s bilateral trade relations (i.e. FTAs) XI.Explains the role of the EU as a ‘global actor’ in international trade |
| Week 1: General introduction to issues pertinent to world trade W2: Economic and political assessment of free trade and protectionism W3: Trade policy issues (tariffs, NTBs) W4: The WTO System: origins and the principles W5: The WTO System: the structure and institutional functioning W6: The WTO Agreement: industrial goods agriculture, GATS, TRIPs W7: Doha Round of multilateral trade negotiations W8: Mid-term examination W9: The WTO and Globalisation: An expanded scope of world trade W10: EU Trade policy: Origins and characteristics W11: Trade policy making in the EU W12: Renewal of the EU’s trade policy: The Global Europe strategy W13: The EU in the WTO multilateralism and in Doha Round negotiations W14: Trade relations and agreements of the EU in bilateral context (FTAs) |
| Week | Subject | Related Preparation | |
| 1) | 1: General introduction to issues pertinent to world trade | . | |
| 2) | W2: Economic and political assessment of free trade and protectionism | ||
| 3) | W3: Trade policy issues (tariffs, NTBs) | ||
| 4) | W4: The WTO System: origins and the principles | ||
| 5) | W5: The WTO System: the structure and institutional functioning | ||
| 6) | W6: The WTO Agreement: industrial goods agriculture, GATS, TRIPs | ||
| 7) | W7: Doha Round of multilateral trade negotiations | ||
| 8) | W8: Review | ||
| 9) | W9: The WTO and Globalisation: An expanded scope of world trade | ||
| 10) | W10: EU Trade policy: Origins and characteristics | ||
| 11) | W11: Trade policy making in the EU | ||
| 12) | W12: Renewal of the EU’s trade policy: The Global Europe strategy | ||
| 13) | W13: The EU in the WTO multilateralism and in Doha Round negotiations | ||
| 14) | W14: Trade relations and agreements of the EU in bilateral context (FTAs) | ||
| Course Notes: | Dünya ticaret sistemi ve DTÖ konularında: About world trading system and the WTO: Hoekman B. And M. Kostecki, (2009), The Political Economy of the World Trading System, 3rd ed., Oxford University Press. Boscsche, P. Van den (2008), The Law and Policy of the World Trade Organization, 2nd ed., Cambridge University Press. WTO (2008), Understanding the WTO, Geneva: WTO. Also available as PDF format at: http://www.wto.org/english/thewto_e/whatis_e/tif_e/understanding_e.pdf Narlikar, A. (2005), World Trade Organization: A Very Short Introduction, Oxford University Press. Barton, Goldstein, Josling and Steinberg eds. (2006), The Evolution of the Trade Regime: Politics, Law, and Economics of the GATT and the WTO, Princeton University Press. Stiglitz, J. E. and A. Charlton (2005), Fair Trade for All: How Trade Can Promote Development, Oxford University Press. Lee, D. and R. Wilkinson eds. (2007), The WTO After Hong Kong: Progress in, and prospects for, the Doha Development Agenda, Routledge. Akman, M. S. and S. Yaman eds. (2008), World Trade Organization Doha Round of Multilateral Trade Negotiations and Turkey (in Turkish), Ankara: TEPAV Publication. Cottier, T. and M. Elsig eds. (2011), Governing the World Trade Organization: Past, Present and Beyond Doha Round, Cambridge Univ. Press. |
| References: | AB ticaret politikası konusunda: About EU trade policy: Akman, Sait (2012), ‘AB Dış Ticaret Politikası’, B. Akçay (ed.), Avrupa Birliği; Ankara: Seçkin Yayınevi. Young, Alisdair (2007), ‘Trade Politics Ain’T What is Used to Be’, Journal of Common Market Studies, 45(4). Young, A. and J. Peterson (2006), ‘The EU and the New Trade Politics’, Journal of European Public Policy, 13(6). JCMS Special Issue 45(4), November 2007 concerning EU Trade Policy. EJPP Special Issue 13(6), September 2006 concerning EU Trade Policy. Aussenwirtschaft Special Issue 61 (4), 2006 ‘The European Union’s New Trade Policy’. WTO (2011), Trade Policy Review: European Union, Geneva: WTO. Also available at: http://www.wto.org/english/tratop_e/tpr_e/tp348_e.htm Meunier, S. (2005), Trading Voices: The European Union in International Commercial Negotiations, Princeton University Press. Elsig, Manfred (2002), The EU’s Common Commercial Policy: Institutions, Interests and Ideas, Ashgate. Messerlin, P. (2001), Measuring the Cost of Protection in Europe, Washington D.C.: Institute for International Economics. Aggarwal, V.K. and E.A. Fogarty, (2004), EU Trade Strategies, Hampshire: Palgrave Macmillan. ECIPE (2010), A Modern Trade Policy for the European Union, Report by EU Trade Policy Study Group, January 2010. This Report available via ECIPE website: http://www.ecipe.org/tpsg/A%20Modern%20Trade%20Policy%20for%20The%20European%20Union.pdf European Commission (2006), Global Europe: Competing in the World, Communication from the Commission to the Council, and the European Parliament, Commission Staff Working Document, SEC(2006) 1230, Brussels, 4 October. |
| 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 | % 0 | |
| Seminar | % 0 | |
| Midterms | 1 | % 40 |
| 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 | Workload | |
| Course Hours | 14 | 40 | |
| Laboratory | |||
| Application | |||
| Special Course Internship (Work Placement) | |||
| Field Work | |||
| Study Hours Out of Class | 15 | 63 | |
| Presentations / Seminar | |||
| Project | |||
| Homework Assignments | |||
| Quizzes | |||
| Preliminary Jury | |||
| Midterms | 1 | 2 | |
| Paper Submission | |||
| Jury | |||
| Final | 1 | 2 | |
| Total Workload | 107 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Being able to identify problems and ask right questions | |
| 2) | Having problem solving skills and developing necessary analytical attitude | |
| 3) | Comprehending theoretical arguments along with counter arguments in detail | |
| 4) | Gaining awareness of lifelong learning and being qualified for pursuing graduate education | |
| 5) | Applying theoretical concepts in project planning | |
| 6) | Communicating efficiently by accepting differences and carrying out compatible teamwork | |
| 7) | Increasing efficiency rate in business environment | |
| 8) | Developing innovative and creative solutions in face of uncertainty | |
| 9) | Researching to gather information for understanding current threats and opportunities in business | |
| 10) | Being aware of the effects of globalization on society and business while deciding | |
| 11) | Possessing digital competence and utilizing necessary technology | |
| 12) | Communicating in at least one foreign language in academic and daily life | |
| 13) | Possessing managing skills and competence | |
| 14) | Deciding with the awareness of the legal and ethical consequences of business operations | |
| 15) | Expressing opinions that are built through critical thinking process in business and academic environment |