ECTS - Introduction to International Trade
Introduction to International Trade (LOG209) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| Introduction to International Trade | LOG209 | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | English |
|---|---|
| Course Type | N/A |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Discussion, Question and Answer. |
| Course Lecturer(s) |
|
| Course Objectives | The main purpose of this course is to give students an adequate understanding of international trade. With a historical approach and in a multidisciplinary manner, the course is designed to engage students with international trade theory and international trade policy. |
| Course Learning Outcomes |
The students who succeeded in this course;
|
| Course Content | Basic models of international trade, Ricardian Model, income distribution, The Heckscher-Ohlin Model, standard trade model, economies of scale, instruments of trade policy. |
Weekly Subjects and Releated Preparation Studies
| Week | Subjects | Preparation |
|---|---|---|
| 1 | Introduction World Trade: An Overview | Chapter 1 and Chapter 2, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 31-53 |
| 2 | Labor Productivity and Comparative Advantage: The Ricardian Model | Chapter 3, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 54-79 |
| 3 | Labor Productivity and Comparative Advantage: The Ricardian Model | Chapter 3, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 54-79 |
| 4 | Specific Factors and Income Distribution | Chapter 4, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 80-109 |
| 5 | Specific Factors and Income Distribution | Chapter 4, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 80-109 |
| 6 | Resources and Trade: The Heckscher-Ohlin Model. | Chapter 5, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 110-140 |
| 7 | Resources and Trade: The Heckscher-Ohlin Model. | Chapter 5, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 110-140 |
| 8 | The Standard Trade Model. | Chapter 6, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 141-163 |
| 9 | Midterm Exam | Midterm Exam |
| 10 | External Economies of Scale and the International Location of Production | Chapter 7, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 167-184 |
| 11 | Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises | Chapter 8, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 185-221 |
| 12 | Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises | Chapter 8, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 185-221 |
| 13 | The Instruments of Trade Policy | Chapter 9, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 222-248 |
| 14 | The Instruments of Trade Policy | Chapter 9, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp. 222-248 |
| 15 | The Political Economy of Trade Policy Trade Policy in Developing Countries Controversies in Trade Policy | Chapter 10, Chapter 11 and Chapter 12 International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012; pp. 249-322 |
| 16 | Final Exam | Final Exam |
Sources
| Course Book | 1. International Economics: Theory and Policy, Paul Krugman, Maurice Obstfeld, Pearson Education Limited, 9th Edition, 2012. |
|---|---|
| 2. International Business: Theories, Policies and Practices,Tayeb, Monır, Pearson Education Ltd. 2000 | |
| Other Sources | 3. Daniels, John, Lee Radebaugh and Daniel Sullivan. International Business: Environment and Operations, 11th ed. Pearson Education Ltd. 2007. |
| 4. Irwin, Douglas, Free Trade Under Fire. Princeton University Press, 2nd ed. 2005 |
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| Laboratory | - | - |
| Application | - | - |
| Field Work | - | - |
| Special Course Internship | - | - |
| Quizzes/Studio Critics | 1 | 10 |
| Homework Assignments | - | - |
| Presentation | - | - |
| Project | - | - |
| Report | - | - |
| Seminar | - | - |
| Midterms Exams/Midterms Jury | 1 | 35 |
| Final Exam/Final Jury | 1 | 50 |
| Toplam | 4 | 100 |
| Percentage of Semester Work | 40 |
|---|---|
| Percentage of Final Work | 60 |
| 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 | The ability to have and use theoretical and practical information in international trade and logistics | X | ||||
| 2 | The ability to define problems, as well as to collect, evaluate, analyze, and interpret data, and to devise solutions, making use of the information, skills, and competencies in the field | X | ||||
| 3 | The ability to perform numerical analyses and research through accessing different resources of information in the field | X | ||||
| 4 | The ability to take part in intra- and interdisciplinary, or multi-cultural working groups, as well as work individually | X | ||||
| 5 | The ability to communicate verbally and in writing in English, and to make use of at least 1 foreign language | X | ||||
| 6 | The ability to act responsibly, and with the awareness in the issues of environmental sensitivity, sustainability, transparency, social responsibility, and ethical values | X | ||||
| 7 | The ability to read, understand, and interpret the relevant legislation in the field of international trade and logistics, and to see the global, and social effects of practices | X | ||||
| 8 | The ability to question and interpret the acquired interdisciplinary pieces of information within the framework of the current economic, social, and environmental conjuncture | X | ||||
| 9 | The ability to stay up to date regarding the local, regional, and global changes in the international trade and logistics, and the supply chain sector; and relevant through improvements on professional competencies and backgrounds, and to devise quick and effective solutions to possible problems through an innovative approach | X | ||||
| 10 | The ability to track national and international regulations in international trade and logistics, to learn logistic procedures and risk management, to use current instruments of technology and informatics, to analyze and improve processes, to devise new ideas and suggestions, to manage activities for change, and to report and document these processes | |||||
| 11 | - | |||||
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 | 14 | 3 | 42 |
| Presentation/Seminar Prepration | |||
| Project | |||
| Report | |||
| Homework Assignments | |||
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | 1 | 20 | 20 |
| Prepration of Final Exams/Final Jury | 1 | 30 | 30 |
| Total Workload | 92 | ||