At the end of this course, the students; 1) Examine the processes of globalization in the flows of products, services and capital and, accompanying these, increasing formation of economic blocs and analysis of the logic and forces underlying these processes. 2) Understand the process of globalization, the forces behind it and the causes and effects of the formation of economic blocs.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
This course analyzes the effects of the globalization process on local economies, international trade and the transfer of factors of production.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Definition of Globalization and Its Extent; Global Organizations: WHO, IMF, WB.
2nd Week
Financial Markets and Financial Globalization
3rd Week
Direct Foreign Investments; Globalization of Production Process, Multinational Firms, Globalization of Economic Policies
4th Week
Globalization and Economic Growth; Theories of Comparative Advantage and Infant Industries
5th Week
From Limited Free Trade to Conditional Free Trade; Newly Industrialized Countries and Selective Globalization
6th Week
Theory of Integration, Types of Integration, Economic Unions
7th Week
Static and Dynamic Effects of Custom Unions, The EU Experience, The Turkish Experience
8th Week
Midterm
9th Week
Regional Blocks; Theoretical Aspects of Regionalization
10th Week
Globalization Through Regionalization
11th Week
Economic Effects of Regionalization
12th Week
The EU Experience: From Economic Union to Political Union
13th Week
Global Distribution of Unions and Their Effects
14th Week
Global Distribution of Unions and Their Effects
RECOMENDED OR REQUIRED READING
William D. Coleman and Geoffrey R. Underhill (eds.) , Regionalism and Global Economic Integration: Europe, Asia and the Americas, London: Routledge. 1998 United Nations Conference on Trade and Development (UNCTAD), Handbook of Economic Integration and Cooperation Groupings of Developing Countries. NewYork:United Nations, 1996 Bela A. Balassa, The Theory of Economic Integration. Westport, Conn.: Greenwood Press, 1982.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Total(%)
40
Contribution of In-term Studies to Overall Grade(%)
40
Contribution of Final Examination to Overall Grade(%)
60
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
1
1
Preparation for Quiz
Individual or group work
14
3
42
Preparation for Final exam
1
30
30
Course hours
14
3
42
Preparation for Midterm exam
1
25
25
Laboratory (including preparation)
Final exam
1
1
1
Homework
Total Workload
141
Total Workload / 30
4,7
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)