COURSE UNIT TITLE

: FUNDAMENTALS OF INTERNATIONAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
UEC 2905 FUNDAMENTALS OF INTERNATIONAL ECONOMICS COMPULSORY 3 0 0 6

Offered By

Economics (English) (UOLP-New York State University (Suny Albany))

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR BURÇAK MÜGE VURAL

Offered to

Business Administration (English) (UOLP-New York State University (Suny Albany))

Course Objective

The aim of the course is to provide students an understanding of basic concepts regarding international economic relations.

Learning Outcomes of the Course Unit

1   Demonstrate understanding of the causes, patterns and consequences of international trade according to various trade models.
2   Identify the methods of government intervention into international trade by studying diversified trade policies and the rational for these policies in order to evaluate their effects on domestic and world welfare.
3   Demonstrate the ability to conduct simple partial equilibrium analyses of trade policy tools with diagrams.
4   Demostrate an understanding of balance of payments.
5   Demonstrate understanding of how exchange rates are determined within different institutional settings for monetary policy.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Global Economy
2 Comparative Advantage
3 The Standard Trade Model
4 Heckscher - Ohlin and Other Trade Theories
5 Heckscher - Ohlin and Other Trade Theories
6 Trade Restrictions: Tariffs
7 Nontariff Trade Barriers
8 Economic Integration
9 Growth and Development with International Trade
10 International Resource Movements and Multinational Corporations
11 Balance of Payments
12 The Foreign Exchange Market and Exchange Rates

Recomended or Required Reading

Salvatore, Dominick (2010), Introduction to International Economics, Second Edition, John Wiley.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Sınıf içi tartışmalar
3. Problem solving

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.40 + ASS * 0.10 + FN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.40 + ASS * 0.10 + RST * 0.50


Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will understand the basic terms and concepts related to intermational economics.
2. The learner will understand the rationale behind international trade policies.
3. The learner will understand basic concepts and terms related to balance of payments.
4. The learner will understand how exchange rates are determined and will be able to evaluate the changes in the exchange rates of a nation.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

pinar.emirhan@deu.edu.tr

Office Hours

Wednesday 13:30-14:30

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 3 1,5 5
Preparations before/after weekly lectures 12 3 36
Preparation for midterm exam 1 20 20
Preparation for final exam 1 25 25
Preparation for quiz etc. 3 3 9
Final 1 2 2
Midterm 1 2 2
Quiz etc. 3 1,5 5
TOTAL WORKLOAD (hours) 140

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.122533
LO.222533
LO.322533
LO.422533
LO.522533

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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