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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
WORLD TRADE SYSTEM ECON447 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S). Servıs Servıs
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Understand the reasons for the emergence of economic institutions in the world economy and the structural development of trade
2) Understand the position of international organizations in world trade
3) Learn how regional blocks affect world trade.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTECON207,ECON216
COURSE DEFINITIONThis course focuses on understanding the functioning of world trade from history to the present.
COURSE CONTENTS
WEEKTOPICS
1st Week Introduction: World economy
2nd Week Financialization of economies
3rd Week Absolute and comparative advantage
4th Week Critical approaches to theories of international trade
5th Week Foreign trade policy
6th Week International economic organizations
7th Week World Trade Orgnaization
8th Week Midterm
9th Week Trade and balance of payments
10th Week Contemporary Free Trade Agreements
11th Week World Trade System and Regionalization
12th Week Digitalization and e-commerce
13th Week Asian Economies and BRICS
14th Week Turkey Foreign Trade Overview
RECOMENDED OR REQUIRED READINGVolkan Özdemir, Yenilenen Dünya Eskimeyen Türkiye: Ekonomik Krizler Politik Çözümler, Destek Yayınları 2019
James Gerber, Uluslararası İktisat (Nihal Tuncer Terregrossa Ed. Çev.) Nobel 2017
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Discussion
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Attendance110
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz000
Individual or group work14456
Preparation for Final exam13030
Course hours14342
Preparation for Midterm exam12020
Laboratory (including preparation)000
Final exam111
Homework111
Total Workload151
Total Workload / 305,03
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

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