COURSE UNIT TITLE

: INTERNATIONAL TRADE BLOCKS AND AGREEMENTS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IBS 3221 INTERNATIONAL TRADE BLOCKS AND AGREEMENTS ELECTIVE 3 0 0 5

Offered By

International Business and Trade

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR AYÇA KÜBRA HIZARCI PAYNE

Offered to

International Business and Trade
International Trade and Business (English)

Course Objective

The main purpose of the course is to further the learner s knowledge on international economic and business environment with particular emphasis on the institutionalization at regional level. Therefore, the main focus of the course will be on regional integration movements formed mostly by means of free trade agreements.

Learning Outcomes of the Course Unit

1   Be aware of the global and regional dynamics that lead to regional integration movements for a deeper understanding of international business environment;
2   Be able to distinguish between different types of trade agreements and blocks, in order to understand the details of international economic and business environment
3   Be able to follow and interpret the evolution of regional trade blocks and to compare them among each other

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 A tour of horizon: Basic concepts and approaches
2 International Business and Trade: History and Theory
3 Types of trade blocks and international economic integration
4 Trade Liberalisation and Globalisation: Major turning points
5 Globalism vs. Regionalism: Institutional dimensions
6 Free Trade Areas Relevant experiences will be analysed (NAFTA, CAFTA, EFTA/EEA, TTIP etc.)
7 General Overview
8 Free Trade Areas Relevant experiences will be analysed (NAFTA, CAFTA, EFTA/EEA, TTIP etc.)
9 Customs Unions and Common Markets Major experiences throughout the world will be analysed
10 Economic and Monetary Union The experience of the EU will be analysed in detail
11 General Overview
12 Country groupings at regional level (I)
13 Country groupings at regional level (II)
14 General overview

Recomended or Required Reading

1. Course materials are drawn from textbooks and journal articles.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Discussions
3. Group Studies
4. Case Studies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 FCG FINAL COURSE GRADE MT * 0.40 + ASS * 0.60


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will assess the role of global and regional dynamics in the formation of regional trade blocks.
2. The learner will explain different types of trade agreements and blocks, in order to understand the details of international economic and business environment.
3. The learner will demonstrate the way regional trade blocks evolved through time and compare them among each other.

Language of Instruction

English

Course Policies and Rules

1. Although the course is mainly based on lectures, around 20 % of each session is intended for class discussion, based on the lecture itself and assigned readings. Therefore, students are expected to be prepared for class participation at each session.
2. Attending at least 70 percent of lectures is mandatory.
3. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

alper.arisoy@deu.edu.tr
Room 214B

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 10 10
Preparing assignments 5 5 25
Midterm 1 1 1
TOTAL WORKLOAD (hours) 120

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.143453
LO.243454
LO.3435