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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
WORLD ECONOMY AND INSTITUTIONAL STRUCTURE TBS316 - 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)Instructor Ziya Can
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) They learn the basics of the world economic system.
2) They learn the basics of the world trade system.
3) They master the institutional structure that directs international trade.
4) They know within which borders the commercial and economic decisions of the states are taken.
5) Comprehend the working style of international organizations.
6) They have a command of the current debates in world trade.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
COURSE DEFINITIONThe role of International Commercial and Economic Organizations in the world trading system, main causes for establishing these organizations (globalization, regionalization etc.), the objectives, operations and historical development of the Bretton Woods System and organizations conducting mutual interdependence (IMF, World Bank, GATT/WTO etc.) as well as the Regional and International Commercial Agreements (EU, NAFTA, ASEAN etc.) will be covered.
COURSE CONTENTS
WEEKTOPICS
1st Week Historical development of the world economy
2nd Week Mercantilism and classical theories of international trade
3rd Week Post-classical theories of international trade
4th Week The emergence of international organizations and the UN
5th Week Bretton Woods System - World Bank
6th Week Bretton Woods System - IMF
7th Week Free Trade - WTO
8th Week Midterm exam
9th Week Problems of developing countries - UNCTAD, OECD
10th Week Economic integration attempts - EU
11th Week Flexible exchange rate, financialization and its consequences
12th Week Currency wars and trade wars
13th Week Contemporary foreign trade theories
14th Week Changing mode of production and the situation of international organizations
RECOMENDED OR REQUIRED READINGParasız, İ. (2015), Uluslararası Mali ve Ekonomik Kuruluşlar, Seçkin Yayıncılık
Özen, Ç., Tonus, Ö. (2013), Uluslararası Örgütler, Anadolu Üniversitesi AÖF Yayınları
Braudel, F. (2017), Kapitalizmin Kısa Tarihi, Say Yayınları
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 exam111
Preparation for Quiz
Individual or group work
Preparation for Final exam16060
Course hours13113
Preparation for Midterm exam14040
Laboratory (including preparation)
Final exam111
Homework
Total Workload115
Total Workload / 303,83
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONTurkish
WORK PLACEMENT(S)No
  

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