The aim of the course is to inform students about the causes of trade, how trade is shaped, the principles of trade policies and the stages of economic integration in the light of international trade theories.
Course Content
This course contains; Globalization, international trade and international factor mobility,Mercantilism and absolute advantages,Comparative advantages,Standard theory,Supply and demand models, offer curves,The Heckscher-Ohlin Theory,Scale economies, incomplete competition, transportation costs and international trade,Scale economies, incomplete competition, transportation costs and international trade,Technological differences, environmental standards and international trade,Growth of production factors and technical progress,Growth and international trade,Customs tariffs,Non-tariff barriers,Stages of economic integration.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1.1.Explains global trade flows.
1. Will be able to understand the development and dynamics of global trade.
10, 16, 9
A
1.2. Evaluates the relationship between economic and social impacts and trade.
2. Will be able to describe how international trade theories develop.
10, 16, 9
A
2.1. Explains the concept of absolute and comparative advantage in international trade.
2.2. Explains the Heckscher-Ohlin Model and its applications.
2.3. Explains the benefits of specialization and trade based on comparative advantage.
2.4. Evaluates new trade theories.
3. Will be able to examine the effects of different trade policies on national economies and international trade.
10, 16, 9
A
3.1. Explain the effects of trade on production, consumption, and prices of goods and services.
3.2. It evaluates the impact of trade on income distribution and welfare of participating countries.
3.3. Analyzes the effects of tariffs, quotas, and subsidies on international trade.
4. Will be able to predict how international trade will be shaped under different circumstances.
10, 16, 9
A
4.1. Explain the role of economies of scale and perfect competition in explaining trade patterns.
4.2. Analyzes how factor abundance and factor intensity affect trade orientations.
5. Will be able to examine the effects of economic integration in different levels.
10, 16, 9
A
5.1. Understands intra-industry and non-industry trade.
5.2. Learns the differences of national, international and transnational companies.
5.3. Gain an idea about international investments and foreign exchange policies.
Defines the theoretical issues in the field of international lojistic management.
2
Describes the necessary mathematical and statistical methods in the field of international lojistic management.
3
Uses at least one computer program in the field of international lojistic management.
4
Sustains proficiency in a foreign language required or international lojistic management studies.
5
Prepares projects for the field of international lojistic management and works in a team.
6
Constantly updates himself / herself by following developments in international logistics and supply chain management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that she/he has got.
7
Uses theoretical and practical expertise in the field of international lojistic management.
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines in order to conduct interdisciplinary studies.
12
International logistics and supply chain management offer appropriate proposals in both micro and macro frameworks in response to the challenges of the sector.
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
50
Rate of Final Exam to Success
50
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
5
2
10
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
8
3
24
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
1
25
25
General Exam
1
35
35
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
136
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(136/30)
5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
INTERNATIONAL TRADE THEORY and POLICIY
-
Fall Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
First Cycle (Bachelor's Degree)
Course Type
Elective
Course Coordinator
Prof.Dr. Rana ATABAY KUŞÇU
Name of Lecturer(s)
Prof.Dr. Rana ATABAY KUŞÇU
Assistant(s)
Aim
The aim of the course is to inform students about the causes of trade, how trade is shaped, the principles of trade policies and the stages of economic integration in the light of international trade theories.
Course Content
This course contains; Globalization, international trade and international factor mobility,Mercantilism and absolute advantages,Comparative advantages,Standard theory,Supply and demand models, offer curves,The Heckscher-Ohlin Theory,Scale economies, incomplete competition, transportation costs and international trade,Scale economies, incomplete competition, transportation costs and international trade,Technological differences, environmental standards and international trade,Growth of production factors and technical progress,Growth and international trade,Customs tariffs,Non-tariff barriers,Stages of economic integration.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1.1.Explains global trade flows.
1. Will be able to understand the development and dynamics of global trade.
10, 16, 9
A
1.2. Evaluates the relationship between economic and social impacts and trade.
2. Will be able to describe how international trade theories develop.
10, 16, 9
A
2.1. Explains the concept of absolute and comparative advantage in international trade.
2.2. Explains the Heckscher-Ohlin Model and its applications.
2.3. Explains the benefits of specialization and trade based on comparative advantage.
2.4. Evaluates new trade theories.
3. Will be able to examine the effects of different trade policies on national economies and international trade.
10, 16, 9
A
3.1. Explain the effects of trade on production, consumption, and prices of goods and services.
3.2. It evaluates the impact of trade on income distribution and welfare of participating countries.
3.3. Analyzes the effects of tariffs, quotas, and subsidies on international trade.
4. Will be able to predict how international trade will be shaped under different circumstances.
10, 16, 9
A
4.1. Explain the role of economies of scale and perfect competition in explaining trade patterns.
4.2. Analyzes how factor abundance and factor intensity affect trade orientations.
5. Will be able to examine the effects of economic integration in different levels.
10, 16, 9
A
5.1. Understands intra-industry and non-industry trade.
5.2. Learns the differences of national, international and transnational companies.
5.3. Gain an idea about international investments and foreign exchange policies.
Defines the theoretical issues in the field of international lojistic management.
2
Describes the necessary mathematical and statistical methods in the field of international lojistic management.
3
Uses at least one computer program in the field of international lojistic management.
4
Sustains proficiency in a foreign language required or international lojistic management studies.
5
Prepares projects for the field of international lojistic management and works in a team.
6
Constantly updates himself / herself by following developments in international logistics and supply chain management with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that she/he has got.
7
Uses theoretical and practical expertise in the field of international lojistic management.
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines in order to conduct interdisciplinary studies.
12
International logistics and supply chain management offer appropriate proposals in both micro and macro frameworks in response to the challenges of the sector.
