| Course Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | | LOJ211.3B2 | International Economics | Elective | 2 | 3 | 4 |
|
| Level of Course Unit |
| Short Cycle |
| Objectives of the Course |
| How the international economic relations started, the theories about the subject, the balances of the foreign trade payments, and the emerging markets are given. |
| Name of Lecturer(s) |
| Öğr. Gör. İbrahim MUSABAŞOĞLU |
| Learning Outcomes |
| 1 | To understand the world economy from quantitative and qualitative views | | 2 | To realize the main reasons that push the countries to foreign trade by knowing foreign trade theories | | 3 | To understand the working of exchange market | | 4 | To understand the reasons of balance of payment deficits that usually arise as a reason of economic crashes in our country | | 5 | To comprehend political, economic and social aspects of globalisation objectively, to understand the effect of World Trade Organization on globalisation | | 6 | To understand regionalism trends in globalised world | | 7 | To understand the functions of the organizations such as International Monetary Fund and World Bank and the effects of these organizations on national and international economies |
|
| Mode of Delivery |
| Normal Education |
| Prerequisites and co-requisities |
| None |
| Recommended Optional Programme Components |
| None |
| Course Contents |
| International trade theories and analysis, foreign exchange balances, foreign exchange market, foreign exchange transactions for the future, international income mechanism, international monetary system today constitute contents of international internal and external balance issues. |
| Weekly Detailed Course Contents |
|
| 1 | International trade relations and their theories | | | | 2 | Absolute superiority theory, comparative advantage theory, Factor equipment theory and other theories | | | | 3 | The aims of foreign trade policy, the tools of foreign trade policy and the historical development of foreign trade policies | | | | 4 | Balance of payments, price change mechanism | | | | 5 | Deviation and J curve | | | | 6 | Imports quotas and bans and practices related to export
| | | | 7 | Balance sheet accounts and interpretation of bilateral | | | | 8 | | midterm exam | | | 9 | Forward foreign exchange markets and foreign exchange futures | | | | 10 | Currency options and credit swaps | | | | 11 | Regulated theories for exchange rate changes | | | | 12 | Money system theories in international monetary systems and countries | | | | 13 | Money system theories in international monetary systems and countries | | | | 14 | Definitions and functions of economic organizations such as EU, GATT and OPEC | | | | 15 | an overview | | |
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| Recommended or Required Reading |
| Instructor course notes |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria | |
| Midterm Examination | 1 | 100 | | SUM | 100 | |
| Final Examination | 1 | 100 | | SUM | 100 | | Term (or Year) Learning Activities | 40 | | End Of Term (or Year) Learning Activities | 60 | | SUM | 100 |
| | Language of Instruction | | Turkish | | Work Placement(s) | | None |
|
| Workload Calculation |
|
| Midterm Examination | 1 | 1 | 1 |
| Final Examination | 1 | 25 | 25 |
| Attending Lectures | 1 | 1 | 1 |
| Self Study | 14 | 2 | 28 |
| Individual Study for Mid term Examination | 1 | 20 | 20 |
| Individual Study for Final Examination | 14 | 2 | 28 |
| Reading | 14 | 2 | 28 |
|
| Contribution of Learning Outcomes to Programme Outcomes |
| LO1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 5 | 1 | 2 | | LO2 | 2 | 3 | 2 | 3 | 5 | 3 | 3 | 5 | 4 | 2 | | LO3 | 2 | 2 | 3 | 5 | 2 | 2 | 2 | 2 | 1 | 4 | | LO4 | 1 | 2 | 4 | 5 | 3 | 2 | 3 | 1 | 3 | 2 | | LO5 | 1 | 3 | 3 | 5 | 1 | 1 | 3 | 2 | 3 | 2 | | LO6 | 2 | 5 | 2 | 5 | 3 | 3 | 3 | 2 | 3 | 3 | | LO7 | 2 | 3 | 5 | 4 | 2 | 4 | 4 | 4 | 4 | 2 |
|
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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