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SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code Course Name Year Semester Theoretical Practical Credit ECTS
50311METUZ-DIT0032 International Economics 1 Spring 2 0 2 4
Course Type : Compulsory
Cycle: Associate      TQF-HE:5. Master`s Degree      QF-EHEA:Short Cycle      EQF-LLL:5. Master`s Degree
Language of Instruction: Turkish
Prerequisities and Co-requisities: N/A
Mode of Delivery: Face to face
Name of Coordinator: Dr. Öğr. Üyesi EMRE ERGÜVEN
Dersin Öğretim Eleman(lar)ı: Dr. Öğr. Üyesi EMRE ERGÜVEN
Dersin Kategorisi: Programme Specific

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives: This course aims to provide examination ability for the international trade theories and their impacts as well as interpretation ability for problems and risks of the world economy.
Course Content: Within this course involves international trade theories, foreign trade policy targets and tools, tariffs and its impacts, non-tariff tools of foreign trade and the foreign exchange market and balance of payments.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
Knowledge (Described as Theoritical and/or Factual Knowledge.)
  1) To comprehend international trade theories
  2) To comprehend the tools of foreign trade policy
  3) To comprehend the operations in the foreign exchange market
  4) To analyse the operations of balance of payments
  5) To comprehend international capital movements
Skills (Describe as Cognitive and/or Practical Skills.)
  1) To understand the functioning of the world economy
  2) To determine the aims and fields of application of customs tariffs
  3) To follow the current issues in the world economy
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)

Weekly Course Schedule

Week Subject
Materials Sharing *
Related Preparation Further Study
1) International Trade Theories: Absolute and Comparative Advantages
2) International Trade Theories: Analysis with Supply and Demand Factors
3) Factor Endowment (Heckscher-Ohlin) Theory
4) Customs Tariffs
5) Non-Tariff Trade Policy Tools
6) Evolution of Global Trade Regime
7) Foreign Exchange Rate Systems
8) Midterm
9) Foreign Exchange Market
10) IS-LM Model
11) Mundell-Fleming (IS-LM-BP) Model
12) Balance of Payments
13) Internationalisation of Production
14) Financialisation and Global Economic Crisis
*These fields provides students with course materials for their pre- and further study before and after the course delivered.

Recommended or Required Reading & Other Learning Resources/Tools

Course Notes / Textbooks: Halil Seyidoğlu, Uluslararası İktisat, İstanbul: Güzem Can Yayınları

Costas Lapavitsas, Finansallaşma ve Kapitalizmin Krizi, İstanbul: Yordam Kitap, 2010
References: Erdal M. Ünsal, Uluslararası İktisat: Teori, Politika ve Açık Ekonomi Makro İktisadı, Ankara: İmaj Yayıncılık

SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs)

(The matrix below shows how the course learning outcomes (CLOs) associates with programme learning outcomes (both KPLOs & SPLOs) and, if exist, the level of quantitative contribution to them.)

Relationship Between CLOs & PLOs

(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
CLOs/PLOs KPLO 1 KPLO 2 KPLO 3 KPLO 4 KPLO 5
1 2 3 4 1 2 3 4 5 1 2 3 4 5 6 1 2 3 4 1 2 3 4 5 6 7 8 9
CLO1
CLO2
CLO3
CLO4
CLO5
CLO6
CLO7
CLO8

Level of Contribution of the Course to PLOs

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Programme Learning Outcomes Contribution Level (from 1 to 5)
1) Explain the basic, theoretical and practical information about foreign trade operations. 5
2) Analyze the necessary information to follow international economic, political, cultural, social, legal and financial conjuncture. 3
3) Uses the administrative information required by international trade, logistics and customs procedures
4) Applies the theoretical knowledge learned in business life for a semester.
5) Acquires the competencies defined as the institutional outcomes of Beykoz University on the basic level, inline with the expectations of business world and the society

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Teaching and Learning Methods defined at the Programme Level
Teaching and Learning Methods Defined for the Course
Lectures
Discussion
Case Study
Problem Solving
Demonstration
Views
Laboratory
Reading
Homework
Project Preparation
Thesis Preparation
Peer Education
Seminar
Technical Visit
Course Conference
Brain Storming
Questions Answers
Individual and Group Work
Role Playing-Animation-Improvisation
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)
Aassessment and evaluation Methods defined at the Programme Level
Assessment and Evaluation Methods defined for the Course
Midterm
Presentation
Final Exam
Quiz
Report Evaluation
Homework Evaluation
Oral Exam
Thesis Defense
Jury Evaluation
Practice Exam
Evaluation of Implementation Training in the Workplace
Active Participation in Class
Participation in Discussions

Relationship Between CLOs & Teaching-Learning, Assesment-Evaluation Methods of the Course

(The matrix below shows the teaching-learning and assessment-evaluation methods designated for the course unit in relation to the course learning outcomes.)
LEARNING & TEACHING METHODS
COURSE LEARNING OUTCOMES
ASSESMENT & EVALUATION METHODS
CLO1 CLO2 CLO3 CLO4 CLO5 CLO6 CLO7 CLO8
-Lectures -Midterm
-Discussion -Presentation
-Case Study -Final Exam
-Problem Solving -Quiz
-Demonstration -Report Evaluation
-Views -Homework Evaluation
-Laboratory -Oral Exam
-Reading -Thesis Defense
-Homework -Jury Evaluation
-Project Preparation -Practice Exam
-Thesis Preparation -Evaluation of Implementation Training in the Workplace
-Peer Education -Active Participation in Class
-Seminar - Participation in Discussions
-Technical Visit
-Course Conference
-Brain Storming
-Questions Answers
-Individual and Group Work
-Role Playing-Animation-Improvisation
-Active Participation in Class

Contribution of Assesment & Evalution Activities to Final Grade of the Course

Measurement and Evaluation Methods # of practice per semester Level of Contribution
Quizzes 2 % 10.00
Midterms 1 % 30.00
Semester Final Exam 1 % 60.00
Total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
Total % 100

SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE

WORKLOAD OF TEACHING & LEARNING ACTIVITIES
Teaching & Learning Activities # of Activities per semester Duration (hour) Total Workload
Course 13 3 39
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 8 1 8
Presentations / Seminar 0 0 0
Project 0 0 0
Homework Assignments 1 8 8
Total Workload of Teaching & Learning Activities - - 55
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES
Assesment & Evaluation Activities # of Activities per semester Duration (hour) Total Workload
Quizzes 2 2 4
Midterms 1 6 6
Semester Final Exam 1 12 12
Total Workload of Assesment & Evaluation Activities - - 22
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) 77
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) 4