At the end of this course, the students; 1) Grasp why economic development, or rather industrialization, appeared in the West in the world 2) Grasp why the Ottomans missed industrialization while Japan was catching up with the industrialization process 3) Examine the 19th century international free trade policies 4) Understand The Great World Economic Depression of 1929 5) Grasp the new international economic order led by the USA after World War II 6) Examine the formation of the global economy and the 2008 global financial crisis 7) Learn covid-19 era will learn about the world economy and future.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
ECON205,ECON214, ECON207, ECON216
COURSE DEFINITION
In this course, while analyzing the world economy with a world-system approach, the world economy is handled in the axis of international trade, international capital flows and international labor movements. In addition to these, the aim of the course is to understand today's world economy as a whole, to be able to solve the problems faced by the world economy and to examine the economic policies that direct the world economy.
COURSE CONTENTS
WEEK
TOPICS
1st Week
World Economy Before the Industrial Revolution
2nd Week
Liberal Foreign Trade Policies After the Industrial Revolution
3rd Week
New World Order and Institutional Structuring
4th Week
II. Post-World War II Foreign Trade Policies
5th Week
World Trade Organization (WTO)
6th Week
Globalization Process
7th Week
The 21st Century Global Crisis and the Future of the World Economy
8th Week
Alternative Globalization
9th Week
International Trade Wars
10th Week
New Protectionist Policies
11th Week
US-China-EU Foreign Trade Policies
12th Week
Turkey-EU Relations
13th Week
The Future of Globalization
14th Week
Covid-19 and the World Economy
RECOMENDED OR REQUIRED READING
ALTMAN, Daniel (2007), Global Economy, Amazon. FREEMAN, Alan-KAGARLIZKI, Boris (2009), Küreselleşmenin Krizi, Yordam Yayınevi, İstanbul. KOUGMANN, R. Paul.-OBSFELD, Maurice-MELITZ, Mare (2005), International Economics: Theory-Policy, Global Edition. SEYİDOĞLU, Halil (2010), Uluslararası İktisat, Turhan Kitabevi, Ankara. STIGLITZ, Joseph (2006), Küreselleşme: Büyük Hayal Kırıklığı, Plan B, İstanbul. ŞAHİNÖZ, Ahmet (2014), Küresel Krizden Türkiye?nin Krizine, İmaj Yayınevi, Ankara. YELDAN, Erinç (2008), Küreselleşme Kim İçin, Yordam Yayınları, İstanbul.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
35
Assignment
1
10
Total(%)
45
Contribution of In-term Studies to Overall Grade(%)
45
Contribution of Final Examination to Overall Grade(%)
55
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
1
1
Preparation for Quiz
0
0
0
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)
0
0
0
Final exam
1
1
1
Homework
1
4
4
Total Workload
145
Total Workload / 30
4,83
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
