COURSE UNIT TITLE

: INTERNATIONAL ECONOMICS II

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 4002 INTERNATIONAL ECONOMICS II COMPULSORY 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR AYŞE DILEK SEYMEN

Offered to

Economics
Economics (Evening)

Course Objective

This course covers analysing foreign trade policy, completing real trade issues and analysing international monetary issues, and analysing Türkiye s foreign trade policy, exchange rate policies and current account deficit.

Learning Outcomes of the Course Unit

1   To be able to explain foreign trade policy tools affecting countries foreign trade structure.
2   To be able to compare wealth effects of alternative foreign trade policies.
3   To be able to discuss under which conditions Türkiye apply policy tools by considering international trade agreements and economic integrations.
4   To be able to analyze Türkiye s current account deficit and its causes.
5   To be able to put forward the factors affecting exchange rates.
6   To be able to discuss the effects of different exchange rate policies.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Foreign Trade Policy, Its Place in General Economic Policy
2 Free Trade versus Protectionism, Theoretical Reasons for Protectionism
3 Foreign Trade Policy Tools
4 Tariffs and their Economic Effects
5 Non-tariff Barriers and their Economic Effects
6 Foreign Trade and Environment
7 World Trading System from GATT to WTO
8 Türkiye's Foreign Trade Policy and Competitiveness
9 International Economic Integration: EU and Customs Union
10 Macroeconomic Equilibrium in Open Economies
11 National Income in Open Economies
12 Balance of Payments-Current Account-Trade Balance
13 Balance of Payments-Automatic Stabilization Mechanism-Stabilization Policies
14 Foreign Exchange Markets, Exchange Rate Systems, Approaches Determining Exchange Rates

Recomended or Required Reading

Main References
Acar, M. Sadık, Uluslararası Reel Ticaret: Teori, Politika, DEÜ Yayınlar, Izmir 2004.
- Ünsal, Erdal, Uluslararası Iktisat, Açık Makro Iktisat, Teori ve Politika, Imaj Yay. 2005
- Seyidoglu, Halil, Uluslararası Iktisat, Teori, Politika ve Uygulama, Güzem Yayınları
- Karluk, Rıdvan, Uluslararası Ekonomi, Teori, Politika, Sistem Kurumlar, Meta Yayın, 2009.
- Seymen, Dilek, Türkiye nin Dış Ticaret Yapısı ve Rekabet Gücü, DEÜ Yayını, Izmir 2009.
Other References
- Chacholiades,Miltiades, International Trade Theory and Policy, New York, Mc Graw-Hill 1978.
- Krugman, P.R., M. Obstfeld, International Economics, Theory and Policy, Second Edition, harper Collins Publishers, 1991,
- Sodersten, Bo, Geoffrey Reed, International Economics, Third Edition, Macmillan,, 1994.
- Salvatore,Dominik, International Economics, Macmillian,1983.

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 by pre-reading the suggested sources.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 MTEG MIDTERM GRADE MTEG * 1
3 FIN FINAL EXAM
4 FCGR FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60


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)

To be announced.

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 12 3 36
Preparation for midterm exam 1 12 12
Preparation for final exam 1 15 15
Reading 10 4 40
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 147

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
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LO.41111
LO.51111
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