ECTS - International Economics I
International Economics I (IKT313) Course Detail
| Course Name | Course Code | Season | Lecture Hours | Application Hours | Lab Hours | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| International Economics I | IKT313 | Area Elective | 3 | 0 | 0 | 3 | 5 |
| Pre-requisite Course(s) |
|---|
| N/A |
| Course Language | Turkish |
|---|---|
| Course Type | Elective Courses |
| Course Level | Bachelor’s Degree (First Cycle) |
| Mode of Delivery | Face To Face |
| Learning and Teaching Strategies | Lecture, Question and Answer. |
| Course Lecturer(s) |
|
| 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;
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| Course Content | Labor productivity and comparative advantage: the Ricardian model, comparative advantage, the standard trade model, economies of scale, imperfect competition, and international trade, international factor movements, the instruments and the political economy of trade policy, trade policy in developing countries, controversies in trade policy. |
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. International Economics: Dennis R. Appleyard and Alfred J. Field, Jr.; Irwin McGraw-Hill; Boston et al; 1998. |
|---|
Evaluation System
| Requirements | Number | Percentage of Grade |
|---|---|---|
| Attendance/Participation | 1 | 5 |
| 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 | 50 |
| Toplam | 13 | 100 |
| Percentage of Semester Work | 50 |
|---|---|
| Percentage of Final Work | 50 |
| Total | 100 |
Course Category
| Core Courses | X |
|---|---|
| Major Area Courses | |
| 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 | Learns the fundamental concepts, theories, and methods of political science and public administration; and uses this knowledge to analyze the causes and consequences of political developments at the national and global levels. | |||||
| 2 | Understands how policies are formulated and implemented in real life at the local, national, regional, and/or global levels; identifies the key institutions and actors involved in these processes and comprehends the functioning of public administration. | |||||
| 3 | Gains foundational knowledge on fields related to political science and public administration—such as international relations, sociology, psychology, cultural studies, economics, law, and history—and thereby develops an interdisciplinary understanding that considers and connects the relationships among different domains of social life. | |||||
| 4 | Learns quantitative and qualitative research techniques applicable to the field of political science and public administration, as well as the use of relevant software, hardware, and/or technical tools; gains experience in designing and conducting research/projects aimed at developing practical skills in the field. | |||||
| 5 | Develops the ability to act with open-mindedness, refrain from discrimination, and be sensitive and respectful to different perspectives through the promotion of critical and analytical thinking, intellectual debate, and lifelong learning; thus, enhances skills for collective action. | |||||
| 6 | Develops decision-making and initiative taking, work completion and time management competencies by understanding business ethics in public administration, politics and all related fields. | |||||
| 7 | Develops communication skills, oral and written expression, presentation techniques; learns the writing principles and procedures required to write an academic article on political science and public administration disciplines. | |||||
| 8 | Gains command of English terminology in political science and public administration, and acquires the language proficiency necessary to engage with English-language scholarship; enabling comparative analysis of current political issues in various countries. | |||||
| 9 | Possesses knowledge of both Turkish and world political history, including key periods, turning points, and major actors; thereby understands the influence of countries' socio-historical backgrounds on contemporary political and administrative issues. | |||||
ECTS/Workload Table
| Activities | Number | Duration (Hours) | Total Workload |
|---|---|---|---|
| Course Hours (Including Exam Week: 16 x Total Hours) | 16 | 3 | 48 |
| Laboratory | |||
| Application | |||
| Special Course Internship | |||
| Field Work | |||
| Study Hours Out of Class | 16 | 4 | 64 |
| Presentation/Seminar Prepration | 1 | 1 | 1 |
| Project | |||
| Report | |||
| Homework Assignments | 3 | 1 | 3 |
| Quizzes/Studio Critics | |||
| Prepration of Midterm Exams/Midterm Jury | |||
| Prepration of Final Exams/Final Jury | 1 | 10 | 10 |
| Total Workload | 126 | ||