International Economics (ECON509) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
International Economics ECON509 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language Turkish
Course Type N/A
Course Level Social Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration.
Course Coordinator
Course Lecturer(s)
  • Dr. Dersin Öğretim Üyesi
Course Assistants
Course Objectives 1-To explain the basic themes in International Economics which implies mainly the study of theoretical and practical issues in international trade. 2- To provide the students with an understanding of, and the competence to apply economic analysis to, the main issues confronting businesses and the economy in the modern international trading environment.
Course Learning Outcomes The students who succeeded in this course;
  • To learn the basic themes in international trade.
  • To use the required analytical tools to evaluate and comment on international trade problems.
Course Content Labor productivity and comparative advantage: the Ricardian model, resources, comparative advantage and income distribution, the standard trade model, economies of scale, imperfect competition, and international trade, international factor movements, the instruments of trade policy, the political economy of trade policy, trade policy in developing

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction to International Economics Krugman and Obstfeld, p. 1-9
2 World Trade: An Overview Krugman and Obstfeld, p. 12-26
3 Labor Productivity and Comparative Advantage: The Ricardian Model I Krugman and Obstfeld, p. 27-40
4 Labor Productivity and Comparative Advantage: The Ricardian Model II Krugman and Obstfeld, p. 40-53
5 Resources, Comparative Advantage and Income Distribution I Krugman and Obstfeld, p. 54-70
6 Resources, Comparative Advantage and Income Distribution II Krugman and Obstfeld, p. 70-87
7 The Standard Trade Model Krugman and Obstfeld, p. 88-113
8 Midterm
9 Economies of Scale, Imperfect Competition, and International Trade I Krugman and Obstfeld, p. 114-130
10 Economies of Scale, Imperfect Competition, and International Trade II Krugman and Obstfeld, p. 130-152
11 International Factor Movements Krugman and Obstfeld, p. 153-179
12 The Instruments of Trade Policy Krugman and Obstfeld, p. 182-211
13 The Political Economy of Trade Policy Krugman and Obstfeld, p. 213-249
14 Trade Policy in Developing Countries Krugman and Obstfeld, p. 250-265
15 Controversies in Trade Policy Krugman and Obstfeld, p. 266-286
16 Final Exam

Sources

Course Book 1. International Economics: Theory and Policy (8th Edition); Paul R. Krugman and Maurice Obstfeld; Pearson, Edison-Wesley, Boston et. al. ; 2009.
2. International Economics: Dennis R. Appleyard and Alfred J. Field, Jr.; Irwin McGraw-Hill; Boston et al; 1998.
3. Uluslararası İktisat: Teori, Politika ve Uygulama; Prof. Dr. Halil Seyidoğlu; Güzem Can Yayınları; İstanbul, 2007.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 15
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 8 10
Presentation - -
Project 1 15
Report - -
Seminar - -
Midterms Exams/Midterms Jury 2 20
Final Exam/Final Jury 1 30
Toplam 13 90
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 To compare main microeconomic theories, approaches and make a critical evaluation of each
2 To compare main macroeconomic theories, approaches and make a critical evaluation of each X
3 To apply mathematical modeling X
4 To employ statistical and econometric tools in analyzing an economic phenomena X
5 To analyze the main economic indicators and comment on them X
6 To acquire theoretical knowledge through literature survey and derive empirically confirmable hypothesis
7 To make a research design and carry it out within predetermined time frames
8 To be able to develop new approaches for complex problems in applied economics and/or apply statistical/econometric tools to new areas/problems X
9 To formulate and present policy recommendations based on academic research
10 To combine economic knowledge with other disciplines in order to solve problems requiring scientific expertise
11 To use information technology effectively X
12 To continue learning and undertake advanced research independently X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 3 48
Presentation/Seminar Prepration 1 5 5
Project 1 10 10
Report
Homework Assignments 3 1 3
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury
Prepration of Final Exams/Final Jury 1 15 15
Total Workload 81