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:
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Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) Evaluates the effects of the global economy, which has become globalized with the liberalization of world trade, and the economic clusters of countries in foreign trade; relates and interprets how macroeconomic policies affect micro economies / companies in foreign trade within the context of risks and opportunities
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Skills
(Describe as Cognitive and/or Practical Skills.)
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1) Identifies risks and opportunities and can create company policies and market strategies by correctly comprehending the international trade environment,
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2) By comprehending the institutions and legislation regulating foreign trade, specializes in trade processes in order to prevent loss of time in applications.
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3) Utilizes commonly used foreign trade practices effectively in activities.
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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.)
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1) Manages foreign trade operations and easily adapts to current applications with a holistic perspective.
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Week |
Subject |
Materials Sharing * |
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Related Preparation |
Further Study |
1) |
Introduction to International Economics and World Trade |
No prior preparation is needed for this week
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2) |
International Trade Theory Analyzes: Theory of Comparative Advantage |
(1) Reading: V. Gordon Childe
(2) Watching: National Geographic, first episode of "Guns, Germs & Steel" documentary.
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3) |
International Trade Theory Analyzes: Supply and Demand Models |
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4) |
Faktör Donatımı (Heckscher-Ohlin) Teorisi |
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5) |
Foreign Trade Theory and Economic Growth Analyzes |
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6) |
Foreign Trade Policy, Foreign Trade & Economic Development Relationship |
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7) |
Tariffs and Non-Tariff Trade Policy Tools |
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8) |
Liberalization of World Trade (Globalization, WTO) |
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9) |
Uluslararası Ekonomik Entegrasyonlar (Avrupa Birliği, NAFTA) |
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10) |
Financial Crisis Theories, Explanatory Models and Consequences |
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11) |
US 2008 Mortgage Loan Crisis |
Reading: Nouriel Roubini
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12) |
Exchange Rate Systems and Exchange Rate Change Theories |
(1) Watching: David Harvey, The Crises of Capitalism (short animation)
(2) Watching: Charles Ferguson, Inside Job, USA: Sony, 2010 (documentary).
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13) |
Global Trade Wars (US-China) |
Reading: Minqi Li
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14) |
Foreign Balance of Payments, Balance Sheet Balancing Mechanisms |
No prior preparation is needed for this week
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Course Notes / Textbooks: |
Prof.Dr.Halil Seyitoğlu, (2007). Uluslararası İktisat, Teori, Politika ve Uygulama, 21.Baskı, Güzem Can Yayınları
James Gerber, (2017). Uluslararası İktisat, 6.Baskı, Nobel Akademik Yayıncılık
Korkut Boratav, Türkiye İktisat Tarihi 1908-2015, 23. Baskı, Ankara: İmge Yayınevi
Paul Hirst ve Graham Thompson, Küreselleşme Sorgulanıyor, 4. Baskı, Ankara: Dost Yayınevi
Nouriel Roubini, Kriz Ekonomisi, (2017). Pegasus Yayınevi, İstanbul
Ahmet Söylemezoğlu, (2020). Küresel Ekonomi Düzeni: Kurumlar ve Kurallar, Remzi Kitapevi
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References: |
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(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
To have the basic and theoretical knowledge required for business management. |
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1.1 To be able to remember the basic functions of the business. |
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1.2 To be able to evaluate various processes in business management from a systematic point of view. |
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2) |
To be able to develop a vision of approaching problems in various subjects in the field of business management, using the case method. |
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2.1 To be able to critically evaluate the knowledge and skills acquired in the field of business management. |
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2.2 To be able to develop problem solving and decision making skills through individual and team work. |
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2.3 Being able to develop appropriate business strategies in changing conditions, taking into account the benefits of stakeholders. |
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2.4 To be able to comprehend the importance and necessity of adapting to the changes in the technological and business environment. |
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2.5 Demonstrate the ability to manage employees and processes in a dynamic business world. |
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3) |
To be able to effectively use the methodological knowledge acquired in scientific research and decision-making studies and to report the outputs with an analytical approach. |
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3.1 To be able to produce solutions by considering the problems encountered in the field of business with an analytical way of thinking. |
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3.2 To be able to produce projects that can create new opportunities in different fields of business management. |
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4) |
In addition to the bachelor level competencies already acquired, s/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the professional level in business and/or academic life. |
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4.1 Develops analyzing problems, solving them and managing the conflicts competence in the expert level. |
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4.2 Participates as a team member in the environments that require the solving of the conflicts and acts as a leader when necessary. |
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4.3 Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view, develops innovative and entrepreneurial ideas. |
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4.4 Aware of the advanced technology and digital transformation possibilities in his/her works. |
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4.5 By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her field in a systematical and effective way. |
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4.6 Has cultural awareness and s/he transfers this to the groups within and outside his/her field. |
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WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
3 |
42 |
Laboratory |
0 |
0 |
0 |
Application |
10 |
2 |
20 |
Special Course Internship (Work Placement) |
0 |
0 |
0 |
Field Work |
0 |
0 |
0 |
Study Hours Out of Class |
10 |
8 |
80 |
Presentations / Seminar |
1 |
2 |
2 |
Project |
0 |
0 |
0 |
Homework Assignments |
1 |
2 |
2 |
Total Workload of Teaching & Learning Activities |
- |
- |
146 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
0 |
0 |
0 |
Midterms |
1 |
2 |
2 |
Semester Final Exam |
1 |
2 |
2 |
Total Workload of Assesment & Evaluation Activities |
- |
- |
4 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
150 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
6 |