Course Information


Course Information
Course Title Code Semester L+U Hour Credits ECTS
INTERNATIONAL ECONOMICS IKT3003 3 + 0 3.0 4.0

Prerequisites None

Language of Instruction Turkish
Course Level Graduate Degree
Course Type Compulsory
Mode of delivery
Course Coordinator
Instructors
Assistants
Goals After taking this course, students will understand the underlying causes of international trade and will learn analytical tools that will enable them to critically evaluate existing trade policies.
Course Content Topics such as classical theories of trade, neoclassical foreign trade theories, Heckscher-Ohlin analysis, factor prices and distribution analyzes, different trade and industrialization experiences, protectionist policiaes and alternative foreign trade regimes and political economics will be discussed.In addition, the effects of tariffs, non-tariff barriers and quotas will be emphasized. Economic integration and foreign trade in developing countries will also be covered in this course.
Learning Outcomes 1) Students understand underlying fundamentals of international trade
2) Evaluates existing trade theories from a critical point of view
3) Learns the analytical tools to understand international trade theories

Weekly Topics (Content)
Week Topics Teaching and Learning Methods and Techniques Study Materials
1. Week International Trade and Social Gain, Mercantilist Lecture
Brainstorming
Project Based Learning 		Homework
2. Week Physiocrats, Hume Lecture
Brainstorming
Project Based Learning 		Homework
3. Week Smith, Ricardo, Marx. Lecture
Brainstorming
Project Based Learning 		Homework
4. Week Evolution of International Trade Theories: Absolute Advantages Lecture
Brainstorming
Project Based Learning 		Homework
5. Week Comparative Advantages Lecture
Brainstorming
Project Based Learning 		Homework
6. Week Standard International Trade Theory: Hecksher-Ohlin, Gains from trade Lecture
Brainstorming
Project Based Learning 		Homework
7. Week Reciprocal Demand and Terms of Trade Lecture
Brainstorming
Project Based Learning 		Homework
8. Week International trade under different cost conditions Lecture
Brainstorming
Project Based Learning 		Homework
9. Week International trade, factor prices, distribution: Factor endowments, trade, factor prices, Leontief Paradox Lecture
Brainstorming
Project Based Learning 		Homework
10. Week Stolper-Samuelson theorem, static and dynamic effects of trade Lecture
Brainstorming
Project Based Learning 		Homework
11. Week New Trade Theories: Experiences of industrialization and specialization, technology based theories of internaatipnal trade, inter-industry trade, market structures,, diminishing costs and trade, compeptitive power approach, loss from trade, unequal exchange, Singer-Prebisch Thesis Lecture
Brainstorming
Project Based Learning 		Homework
12. Week Protectionist Policies: Tariffs, quoatas, other non-tariff barriers, effective protection, variaties of economic integration Lecture
Brainstorming
Project Based Learning 		Homework
13. Week Discussions on alternative international trade regimes Lecture
Brainstorming
Project Based Learning 		Homework
14. Week Regulation of internatipnal trade: GATT/WTO: Rules on goods and services trade,intellectual property rights and technology transfer, other problems. Lecture
Brainstorming
Project Based Learning 		Homework

Sources Used in This Course
Recommended Sources
1) Appleyard, D.R., & Field, A.,( 1998), Third edition, International Economics, Mc Graw Hill. 2) Krugman, Obstfeld, Melitz (2017), Uluslararası İktisat, Teori ve Politika, Palme Yayıncılık. 3) Satlıgan, Nail (2014) Emek-Değer Teorileri ve Dış Ticaret, Yordam Kitap.

ECTS credits and course workload
Event Quantity Duration (Hour) Total Workload (Hour)
Course Duration (Total weeks*Hours per week) 14 3
Work Hour outside Classroom (Preparation, strengthening) 14 3
Midterm Exam 1 1
Time to prepare for Midterm Exam 1 10
Final Exam 1 1
Time to prepare for Final Exam 1 10
Total Workload
Total Workload / 30 (s)
ECTS Credit of the Course
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Course Information
  • Course Information
  • Weekly Topics (Content)
  • Sources Used in This Course
  • ECTS credits and course workload