COURSE UNIT TITLE

: INTERNATIONAL TRADE AND INVESTMENT

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ERA 4303 INTERNATIONAL TRADE AND INVESTMENT ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR AYŞE DILEK SEYMEN

Offered to

Economics (Evening)
Economics

Course Objective

This course covers the microeconomics foundations of international trade and investment, trade and investment policies and international trade policy negotiations.

Learning Outcomes of the Course Unit

1   Explaining differences between international trade and domestic trade
2   Explaining Reasons for Trade and Investment
3   Explaining different theoretical approaches over foreign trade by underlining their assumptions and fundamentals
4   Developing talents in understanding the gains and losses from trade, comparing different theories
5   Evaluating the theoretical framework of international trade and investment policy
6   Explaining basic knowledge for the assessment of daily economic affairs between countries
7   Discussing and evaluating topics on world trading system and globalization

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Main terms on International Trade and Investment Theory and Policy
2 World Trade and Investment Indicators
3 Reasons for International Trade
4 Gains from Trade/Comparative Advantage
5 Gains from Trade/Economies of Scale
6 The Different Patterns of Trade:Inter-industry Trade&Intra-industry Trade
7 New Models in International Trade: Oligopoly and Strategic Trade Policy, R&D and International Trade
8 Mid-term Exam
9 Mid-term Exam
10 Free Trade versus Protectionism
11 Arguments for Protectionism; Trade Policy&Instruments: Tariffs/ NTB s
12 Reason for International Investment
13 International Investment Policy/Multinational Companies
14 Presentations:Evaluating Countries Trade and FDI Policies in Practice

Recomended or Required Reading

Main References
KRUGMAN, Paul R., Maurice Obstfeld, Marc J. Melitz, International Economics, Theory and Policy, Second Edition, Harper Collins Publishers, 2012.
APPLEYARD, Dennis R., Alfred j. Field Jr., Steven L. Cobb, International Economics, Seventh Edition, McGraw-Hill, Irwin, NewYork, 2010.
SÖDERSTEN, Bo, Geoffrey Reed, International Economics, Third Edition, Macmillan,, 1994.
BRENTON, Paul, Henry Scott, Peter Sinclair International Trade, A European Text, Oxford University Press, 1997.
CHACHOLIADES, Miltiades International Economics, McGraw-Hill International Editions, New York 1990.
CAVES, Richard E., Jeffrey A. Frankel, Ronald W.Jones World Trade and Payments, An Introduction, Harper Collins Publishers, Newyork 1990.
Other References
BHAGWATI, Jagdish N. Writings on International Economics, (edt:V.N.Balasubramanyam), Oxford University Press, Oxford, 1988.
BHAGWATI, Jagdish N., Arvind Panagariya,T.N.Srinivasan Lectures on International Trade, The MIT Press, Massachusetts, 1998.

Planned Learning Activities and Teaching Methods

The course is designed on a lecture and case/issue discussion basis. The students are expected to continue all sessions and prepare for the discussions.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 STT TERM WORK (SEMESTER)
2 MTE MIDTERM EXAM
3 MTEG MIDTERM AVERAGE GRADE STT * 0.25 + MTE * 0.75
4 FIN FINAL EXAM
5 FCG FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
6 RST RESIT
7 FCGR FINAL COURSE GRADE(RESIT) MTEG * 0.40 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

dilek.seymen@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 1 12
Preparation for midterm exam 1 12 12
Preparation for final exam 1 15 15
Preparing presentations 1 12 12
Reading 12 2 24
Web Search and Library Research 12 2 24
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 137

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.1433445
LO.244435
LO.3443
LO.435555
LO.5544
LO.65534
LO.734