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 Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Hande Emin Benli
Course Assistants
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;
  • The students who succeeded in this course will be able to define basic concepts of international trade.
  • Use their knowledge to interpret national and international economic news and policies
  • Develop an economic insight through real life experiences.
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 1 - To be able to utilize the theoretical and practical knowledge acquired in the fields of International Trade and Logistics with an interdisciplinary approach in developing expertise on the track of the progress in the globalized business world X
2 2 - To exercise managerial skills by conducting his/her competences in the fields of International Trade and Logistics actively into real processes X
3 3 - To be able to communicate effectively both in written and oral forms with the peers in the department where he/she holds a position and organize professional development activities X
4 4 - To assess the basic and current dynamics of flexible and open fields of International Trade and Logistics in a theoretical framework X
5 5 - To solve the complex problems in the fields of International Trade and Logistics with analytic and independent thinking ability and capability to synthesize them with embracing versatility X
6 6 - To keep professional capabilities updated through improving business practicum by keeping track of the changes and innovations in the sector X
7 7 - To have the characteristics to interpret, inquire and deepen the knowledge acquired during the education process within the existing economic conjuncture X
8 8 - To have the necessary organizational skills and responsibility to create flexible, efficient and rapid solutions to the existing and possible problems with an innovative approach by facilitating sectoral coordination through the practices of International Trade and Logistics. X
9 9 - To be able to use the current and widely used field specific information and software programs besides having up-to-date technical equipment and multiple language skills needed by private sector in both national and international platforms. X
10 10 - To possess the competency in the English language to be able to communicate in every platform effectively, due to the international characteristic of the field they studied X
11 11 - To become individuals having high intellectual and social capacity, vision and moral values and the ability to adapt to group communication 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 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