The main purpose of this course is to provide students with an understanding in the areas of inter-country economic relationships and global economy.
Course Content
This course contains; Introductory overview,What is balance of payments?,What is current account deficit and how important is it?,Foreign money and exchange market ,Foreign direct investment and economic growth,International Financial Institutions: IMF and World Bank,Global trade and World Trade Organization,Financial markets at a global scale,Economic growth in the long run and global trends,Reading economic indicators on a global scale and country-basis.,Foreign trade policies,Globalization and world economy,International economic problems,Regional Economies.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain international economic structure.
10, 16, 9
A
1.1. Express balance of payments.
10, 16, 9
A
1.2. Explain what current account deficit is and its importance.
10, 16, 9
A
1.3. Express international money and foreign exchange market.
10, 16, 9
A
2. Will be able to explain the structure of the international trade.
10, 16, 9
A
2.1. Express the transformation in the international trade from an historical perspective.
10, 16, 9
A
2.2. Explain the effect of World Trade Organization on global trade.
10, 16, 9
A
2.3. Express the relationship between globalization and world trade.
10, 16, 9
A
3. Will be able to analyze the process of capitalism and the struggle between states in the 20th century.
10, 16, 9
A
3.1. Describes the development of the European economy.
10, 16, 9
A
3.2. Explains the global structure of the American economy.
10, 16, 9
A
3.3. Analyzes the development process of the Japanese economy.
10, 16, 9
A
4. Will be able to describe regional economic processes in the 21st century.
10, 16, 9
A
4.1. Explains the Far East economic region and Chinese Hegemony.
10, 16, 9
A
4.2. Describes the economic development of the African geography.
10, 16, 9
A
4.3. Explain the economic development of the Latin American region and Brazil.
10, 16, 9
A
5. Will be able to define the economic power of international economic organizations.
10, 16, 9
A
5.1. Analyzes the economic impacts of global companies
10, 16, 9
A
5.2. It defines the economic policies of BRICS countries.
What is current account deficit and how important is it?
Reading relevant chapter(s) in the textbook.
4
Foreign money and exchange market
Reading relevant chapter(s) in the textbook.
5
Foreign direct investment and economic growth
Reading relevant chapter(s) in the textbook.
6
International Financial Institutions: IMF and World Bank
Reading relevant chapter(s) in the textbook.
7
Global trade and World Trade Organization
Reading relevant chapter(s) in the textbook.
8
Financial markets at a global scale
Reading relevant chapter(s) in the textbook.
9
Economic growth in the long run and global trends
Reading relevant chapter(s) in the textbook.
10
Reading economic indicators on a global scale and country-basis.
Reading relevant chapter(s) in the textbook.
11
Foreign trade policies
Reading relevant chapter(s) in the textbook.
12
Globalization and world economy
Reading relevant chapter(s) in the textbook.
13
International economic problems
Reading relevant chapter(s) in the textbook.
14
Regional Economies
Reading the relevant section in the textbook
Resources
- Uluslararası İktisat (17. th Edition), Halil Seyidoğlu, Güzem Can Press, 2009.
George Ritzer, Küresel Dünya, Ayrıntı Yayınları, 2021
Jeffry Frieden, Global Capitalism: Its Fall and Rise in the Twentieth Century, W. W. Norton & Company, 2006
jürgen kocka, Capitalism: A Short History, Princeton Univers. Press, 4nd Edition, 2017
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
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 (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
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
0
0
0
Resolution of Homework Problems and Submission as a Report
1
35
35
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
1
35
35
General Exam
1
40
40
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
152
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(152/30)
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
WORLD ECONOMY
-
Spring 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
Assoc.Prof. Kenan DEMİR
Name of Lecturer(s)
Lect.Dr. Beyhan İNCEKARA
Assistant(s)
Aim
The main purpose of this course is to provide students with an understanding in the areas of inter-country economic relationships and global economy.
Course Content
This course contains; Introductory overview,What is balance of payments?,What is current account deficit and how important is it?,Foreign money and exchange market ,Foreign direct investment and economic growth,International Financial Institutions: IMF and World Bank,Global trade and World Trade Organization,Financial markets at a global scale,Economic growth in the long run and global trends,Reading economic indicators on a global scale and country-basis.,Foreign trade policies,Globalization and world economy,International economic problems,Regional Economies.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain international economic structure.
10, 16, 9
A
1.1. Express balance of payments.
10, 16, 9
A
1.2. Explain what current account deficit is and its importance.
10, 16, 9
A
1.3. Express international money and foreign exchange market.
10, 16, 9
A
2. Will be able to explain the structure of the international trade.
10, 16, 9
A
2.1. Express the transformation in the international trade from an historical perspective.
10, 16, 9
A
2.2. Explain the effect of World Trade Organization on global trade.
10, 16, 9
A
2.3. Express the relationship between globalization and world trade.
10, 16, 9
A
3. Will be able to analyze the process of capitalism and the struggle between states in the 20th century.
10, 16, 9
A
3.1. Describes the development of the European economy.
10, 16, 9
A
3.2. Explains the global structure of the American economy.
10, 16, 9
A
3.3. Analyzes the development process of the Japanese economy.
10, 16, 9
A
4. Will be able to describe regional economic processes in the 21st century.
10, 16, 9
A
4.1. Explains the Far East economic region and Chinese Hegemony.
10, 16, 9
A
4.2. Describes the economic development of the African geography.
10, 16, 9
A
4.3. Explain the economic development of the Latin American region and Brazil.
10, 16, 9
A
5. Will be able to define the economic power of international economic organizations.
10, 16, 9
A
5.1. Analyzes the economic impacts of global companies
10, 16, 9
A
5.2. It defines the economic policies of BRICS countries.
What is current account deficit and how important is it?
Reading relevant chapter(s) in the textbook.
4
Foreign money and exchange market
Reading relevant chapter(s) in the textbook.
5
Foreign direct investment and economic growth
Reading relevant chapter(s) in the textbook.
6
International Financial Institutions: IMF and World Bank
Reading relevant chapter(s) in the textbook.
7
Global trade and World Trade Organization
Reading relevant chapter(s) in the textbook.
8
Financial markets at a global scale
Reading relevant chapter(s) in the textbook.
9
Economic growth in the long run and global trends
Reading relevant chapter(s) in the textbook.
10
Reading economic indicators on a global scale and country-basis.
Reading relevant chapter(s) in the textbook.
11
Foreign trade policies
Reading relevant chapter(s) in the textbook.
12
Globalization and world economy
Reading relevant chapter(s) in the textbook.
13
International economic problems
Reading relevant chapter(s) in the textbook.
14
Regional Economies
Reading the relevant section in the textbook
Resources
- Uluslararası İktisat (17. th Edition), Halil Seyidoğlu, Güzem Can Press, 2009.
George Ritzer, Küresel Dünya, Ayrıntı Yayınları, 2021
Jeffry Frieden, Global Capitalism: Its Fall and Rise in the Twentieth Century, W. W. Norton & Company, 2006
jürgen kocka, Capitalism: A Short History, Princeton Univers. Press, 4nd Edition, 2017
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
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 (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
X
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
