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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
INTERNATIONAL ECONOMICS ULT371 Fifth Term (Fall) 3 + 0 5

TYPE OF COURSE UNITCompulsory Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY3
SEMESTERFifth Term (Fall)
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)Professor Onur Sunal
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) To understand the theories of international trade (absolute advantage, comparative advantage, factor endowment, offer curves, similarity of preferences, intra-industry trade, etc.).
2) To be able to use basic economic analysis methods (supply and demand curves, indifference curves, cost and output curves, etc.).
3) To explain and interpret international trade theories through basic economic analysis methods.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTIntroduction of Economics I.
COURSE DEFINITIONInternational economics consists of two parts: international trade and international finance. International trade theories and their comparison is made in this course. Similarly, the main concepts of international finance are also analyzed in this course.
COURSE CONTENTS
WEEKTOPICS
1st Week International Trade Theory: An overview
2nd Week Theoric models of intrenational trade : The Ricardian Model
3rd Week A model of a two factor economy
4th Week Alternative International Trade Theories: Demand and Technology
5th Week Alternative International Trade Theories: Demand and Technology
6th Week Imperfect market and international trade
7th Week Imperfect market and international trade
8th Week Midterm
9th Week International factor movements
10th Week International political economy: The instruments of trade policy
11th Week International political economy: The instruments of trade policy
12th Week Import substituting İndustrialization and the infunt industry theory
13th Week Integration of Turkey-AB
14th Week Recap
RECOMENDED OR REQUIRED READINGKrugman, Paul & Maurice Obsfeld
İnternational Economics: Theory and Policy, 8. Edition
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Questions/Answers
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
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 exam122
Preparation for Quiz
Individual or group work
Preparation for Final exam16060
Course hours13339
Preparation for Midterm exam14040
Laboratory (including preparation)
Final exam122
Homework
Total Workload143
Total Workload / 304,76
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

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