Syllabus ( ITF 503 )
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Basic information
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Course title: |
Economics Of International Trade |
Course code: |
ITF 503 |
Lecturer: |
Assist. Prof. Hande BARLIN
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ECTS credits: |
7.5 |
GTU credits: |
0 (3+0+0) |
Year, Semester: |
1/2, Fall and Spring |
Level of course: |
Second Cycle (Master's) |
Type of course: |
Area Elective
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Language of instruction: |
Turkish
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Mode of delivery: |
Face to face
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Pre- and co-requisites: |
None |
Professional practice: |
No |
Purpose of the course: |
The aim of this course is to inform students about economic, socio-cultural, political, legal and istitutional factors, in the international arena, affecting entities carrying out their commercial activities in a globalized world. |
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Learning outcomes
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Upon successful completion of this course, students will be able to:
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Explain factors affecting international trade and international operations of enterprises
Contribution to Program Outcomes
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Develop and deepen his/her knowledge in fields of international trade, finance and management
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Define basic economics, finance and management terminology, theories and concepts
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Review, interpret and apply the literature on international trade and finance
Method of assessment
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Written exam
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Predicts pattern of international trade and operations of enterprises under different circumstances.
Contribution to Program Outcomes
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Develop and deepen his/her knowledge in fields of international trade, finance and management
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Define basic economics, finance and management terminology, theories and concepts
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Being able to evaluate and use the advanced level knowledge on international trade, finance and management that are required in experts and researchers who are much needed by the public and private sectors
Method of assessment
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Written exam
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Comment on effects of tformal and informal instutitons on international trade and operations of international enterprises
Contribution to Program Outcomes
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Discover, classify and analyze economic data
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Being able to evaluate and use the advanced level knowledge on international trade, finance and management that are required in experts and researchers who are much needed by the public and private sectors
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Review the literature critically pertaining to his/her research projects, and connect the earlier literature to his/her own results
Method of assessment
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Written exam
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Debates on the role of international/supranational organizations in liberalization of trade.
Contribution to Program Outcomes
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Develop and deepen his/her knowledge in fields of international trade, finance and management
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Discover, classify and analyze economic data
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Review, interpret and apply the literature on international trade and finance
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Being able to evaluate and use the advanced level knowledge on international trade, finance and management that are required in experts and researchers who are much needed by the public and private sectors
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Review the literature critically pertaining to his/her research projects, and connect the earlier literature to his/her own results
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COMPETENCIES
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Work effectively in multi-disciplinary research teams
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Communication and Social Competence
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Support his/her ideas with various arguments and present them clearly to a range of audience, formally and informally through a variety of techniques
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Write progress reports clearly on the basis of published documents, thesis, etc
Method of assessment
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Written exam
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Seminar/presentation
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Deduce the effects of various stages of economic integration on international trade and enterprises.
Contribution to Program Outcomes
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Develop and deepen his/her knowledge in fields of international trade, finance and management
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Discover, classify and analyze economic data
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Being able to evaluate and use the advanced level knowledge on international trade, finance and management that are required in experts and researchers who are much needed by the public and private sectors
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Review the literature critically pertaining to his/her research projects, and connect the earlier literature to his/her own results
Method of assessment
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Written exam
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1. Explain trade theories
2. Analyze global economic integration tendencies
3. Explain how international organizations and integration tendencies affect international trade
Contribution to Program Outcomes
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Develop and deepen his/her knowledge in fields of international trade, finance and management
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Define basic economics, finance and management terminology, theories and concepts
-
Discover, classify and analyze economic data
-
Review, interpret and apply the literature on international trade and finance
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Being able to evaluate and use the advanced level knowledge on international trade, finance and management that are required in experts and researchers who are much needed by the public and private sectors
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Acquire scientific knowledge and work independently
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Develop an awareness of continuous learning in relation with modern technology
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Effectively express his/her research ideas and findings both orally and in writing
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Support his/her ideas with various arguments and present them clearly to a range of audience, formally and informally through a variety of techniques
Method of assessment
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Written exam
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Contents
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Week 1: |
Globalization, International Trade and Enterprises
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Week 2: |
Institutions Affecting International Trade and Enterprises
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Week 3: |
Socio-Cultural Factors Affecting International Trade and Enterprises
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Week 4: |
Political and Legal Factors Affecting International Trade and Enterprises
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Week 5: |
Enterprises, International Trade and Environmental Sustainability
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Week 6: |
International Trade Policy
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Week 7: |
Midterm exam and International Invetsment |
Week 8: |
International Invetsment
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Week 9: |
International Monetary Arrangements
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Week 10: |
Global and Regional Integration, Trade and Enterprises
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Week 11: |
Entering Foreign Markets
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Week 12: |
Assessing International Markets
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Week 13: |
International Operations
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Week 14: |
International Corporate Reputation and International Trade |
Week 15*: |
. |
Week 16*: |
Final exam |
Textbooks and materials: |
Reinert, Kenneth A. An Introduction to International Economics: New Perspectives on the World Economy. 2nd Edition. New York : Cambridge University Press, 2012.
Seyidoğlu, Halil. Uluslararası İktisat: Teori, Politika ve Uygulama. Geliştirilmiş 20. Baskı. İstanbul: Güzem Can Yayınları, 2017.
Salvatore, Dominick. International Economics. Wiley, 2020 |
Recommended readings: |
Reinert, Kenneth A. An Introduction to International Economics: New Perspectives on the World Economy. 2nd Edition. New York : Cambridge University Press, 2012.
Seyidoğlu, Halil. Uluslararası İktisat: Teori, Politika ve Uygulama. Geliştirilmiş 20. Baskı. İstanbul: Güzem Can Yayınları, 2017.
Salvatore, Dominick. International Economics. Wiley, 2020 |
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* Between 15th and 16th weeks is there a free week for students to prepare for final exam.
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Assessment
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Method of assessment |
Week number |
Weight (%) |
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Mid-terms: |
7 |
50 |
Other in-term studies: |
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0 |
Project: |
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0 |
Homework: |
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0 |
Quiz: |
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0 |
Final exam: |
16 |
50 |
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Total weight: |
(%) |
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Workload
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Activity |
Duration (Hours per week) |
Total number of weeks |
Total hours in term |
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Courses (Face-to-face teaching): |
3 |
14 |
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Own studies outside class: |
5 |
14 |
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Practice, Recitation: |
3 |
12 |
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Homework: |
0 |
0 |
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Term project: |
0 |
0 |
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Term project presentation: |
0 |
0 |
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Quiz: |
0 |
0 |
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Own study for mid-term exam: |
8 |
2 |
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Mid-term: |
2 |
1 |
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Personal studies for final exam: |
9 |
2 |
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Final exam: |
1 |
2 |
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Total workload: |
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Total ECTS credits: |
* |
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* ECTS credit is calculated by dividing total workload by 25. (1 ECTS = 25 work hours)
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