Course Details

INTERNATIONAL ECONOMICS

ECON303

Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
5ECON303INTERNATIONAL ECONOMICS3+0+035

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program ECONOMICS
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course Defining main concepts of international economics.
Introducing main theories of international trade.
Introducing theories to analyze the effects of exchange rate policies on trade.
Course Content The course is designed to help students gain a thorough understanding of micro and macro foundations of international economics. Subjects include theoretical foundations and history of how international economics developed, theoretical contributions on international economics and international economics theories, trade and competition, effects of wage and labor on trade,
effects of exchange rate policies on trade and examination of dynamic relations between exports and imports.
Course Methods and Techniques Students will actively acquire knowledge and skills by reading at home the necessary texbook passages, discussing them in class, practising their skills during homework and by preparing a group prject.
Prerequisites and co-requisities ( ECON102 )
Course Coordinator None
Name of Lecturers Asist Prof.Dr. Heiko Schuss heiko.schuss@agu.edu.tr
Assistants Research Assist. Semih Peker semih.peker@agu.edu.tr
Work Placement(s) No

Recommended or Required Reading
Resources -
Recommended Textbooks:
Williamson, J., Milner, C. 1991. The World Economy: A Textbook in International Economics. Latest Edition, Prentice-Hall: UK.

Kenen, P. B. 2000. The International Economy. Fourth Edition, Cambridge University: UK.
Recommended Textbooks: Williamson, J., Milner, C. 1991. The World Economy: A Textbook in International Economics. Latest Edition, Prentice-Hall: UK. Kenen, P. B. 2000. The International Economy. Fourth Edition, Cambridge University: UK.

Course Category
Social Sciences %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Quiz/Küçük Sınav 1 % 30
Ödev 1 % 10
Proje/Çizim 1 % 20
Final examination 1 % 40
Total
4
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Sınıf İçi Aktivitesi 14 3 42
Kısa Sınav 1 20 20
Okuma 4 7 28
Araştırma 7 4 28
Kişisel Çalışma 14 2 28
Final Sınavı 1 2 2
Total Work Load   Number of ECTS Credits 5 148

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Interpret the main concepts of international economics
2 Provide theoretical foundations and explanations of international trade and competition
3 Explain how exchange rate policies affect international trade.
4 Apply one or several of the existing theories to predict changes in imports and exports


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction and overview
2 Absolute and comparative advantages as the basis of trade
3 Resources and trade: The Heckscher-Ohlin model
4 The Leontief Paradox and alternative models of trade
5 Instruments of Trade Policy: Tariffs
6 Instruments of Trade Policy: Nontariff Barriers
7 Mid-term exam
8 Active Learning Week
9 National income accounting and balance of payments
10 Exchange rates and foreign exchange market
11 Exchange rates in the short run
12 Exchange rates in the long run
13 Theories of the Current Account
14 Exchange rate systems

Recommended Optional Programme Components
Veri yok

Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 3 2 2
C2 4 3 2
C3 5 3 2 1 1 1
C4 5 3 2 3 1 1

Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant


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