International Trade Analysis is divided into two sub-groups: International Trade Theory and International Trade Policy. Goods flows have always been the oldest and most important in international economic relations. However, the dimensions reached by technology and the rapid increases in world service trade have led to more attention to service sector in the recent years
Course Content
This course contains; Globalization, international trade and international mobility of production factors,Mercantalism and absolute advantage,Comparative advantage,Standard theory,Demand and supply models and offer curves,Heckscher-Ohlin Theory,Economies of scale, imperfect competition, transport costs and international trade,Technological differences, environmental standards and international trade,Growth of factors of production and technical progress,Growth and international trade,Tariffs,Nontariff trade barriers,Stages of economic integration,Stages of economic integration - examples.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain the definition, composition and gains of international trade.
10, 16, 9
A, E
1.1. Explain the terms of trade.
1.2. Explain the effects of foreign trade on economic development.
2. Will be able to define the development process of international trade.
10, 16, 9
A
2.1. Define changes in the economic system.
2.2. Explain the reasons of globalization process and international trade.
2.3. Explain the aims and instruments of international trade policy.
3. Will be able to define theories of international trade.
10, 16, 9
A, E
3.1. Define the traditional theories of international trade.
3.2. Define modern theories of international trade.
4. Will be able to describe international trade policy choices.
10, 16, 9
A, E
4.1. Explain the purposes of international trade policy.
4.2. Define international trade policy instruments.
5. Will be able to define free foreign trade policy arguments and protectionist foreign trade arguments.
10, 16, 9
A, E
5.1. Define the increase in economic efficiency.
5.2. Define increase in dynamic gains.
5.3. Explain the reasons that push governments towards protectionist foreign trade.
Globalization, international trade and international mobility of production factors
2
Mercantalism and absolute advantage
3
Comparative advantage
4
Standard theory
5
Demand and supply models and offer curves
6
Heckscher-Ohlin Theory
7
Economies of scale, imperfect competition, transport costs and international trade
8
Technological differences, environmental standards and international trade
9
Growth of factors of production and technical progress
10
Growth and international trade
11
Tariffs
12
Nontariff trade barriers
13
Stages of economic integration
14
Stages of economic integration - examples
Resources
Halil Seyidoglu, International Economics 22nd edition, Sept. 2020
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Describe the basic concepts and applications of the Foreign Trade.
X
2
Have a basic knowledge of export and customs regulations.
X
3
Have information about the basic method used in accounting and its applications in the business world.
4
Recognize the marketing functions and its practices in business world, do market research and use marketing communication that they require.
5
Have knowledge about international marketing strategies, international trade formations and international trade policies.
X
6
Have knowledge of the logistics management associated with Foreign Trade.
X
7
Have knowledge of Foreign Trade finance.
X
8
Have the basic knowledge of business administration and have the vision of international business system.
X
9
Have the basic information about the law profession.
X
10
Apply the study area knowledge on the Foreign Trade in individual procedures.
X
11
In the framework of lifelong learning attitude, be conscious of the need to adapt to changes in the industry.
X
12
Use the knowledge and skills about the study field to inform related individuals, organizations and stakeholders.
X
13
Carry out social responsibility projects related to study areas.
14
Implement code of ethics in customer relations and in communication with colleagues.
15
Use the acquired knowledge about Foreign Trade effectively.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
2
28
Guided Problem Solving
4
3
12
Resolution of Homework Problems and Submission as a Report
1
15
15
Term Project
0
0
0
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)
115
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(115/30)
4
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 POLICY
DŞT2232790
Spring Semester
2+0
2
4
Course Program
Perşembe 11:00-11:45
Perşembe 12:00-12:45
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
Short Cycle (Associate's Degree)
Course Type
Elective
Course Coordinator
Prof.Dr. Rana ATABAY KUŞÇU
Name of Lecturer(s)
Lect. Masoud SHEIKHI
Assistant(s)
Aim
International Trade Analysis is divided into two sub-groups: International Trade Theory and International Trade Policy. Goods flows have always been the oldest and most important in international economic relations. However, the dimensions reached by technology and the rapid increases in world service trade have led to more attention to service sector in the recent years
Course Content
This course contains; Globalization, international trade and international mobility of production factors,Mercantalism and absolute advantage,Comparative advantage,Standard theory,Demand and supply models and offer curves,Heckscher-Ohlin Theory,Economies of scale, imperfect competition, transport costs and international trade,Technological differences, environmental standards and international trade,Growth of factors of production and technical progress,Growth and international trade,Tariffs,Nontariff trade barriers,Stages of economic integration,Stages of economic integration - examples.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to explain the definition, composition and gains of international trade.
10, 16, 9
A, E
1.1. Explain the terms of trade.
1.2. Explain the effects of foreign trade on economic development.
2. Will be able to define the development process of international trade.
10, 16, 9
A
2.1. Define changes in the economic system.
2.2. Explain the reasons of globalization process and international trade.
2.3. Explain the aims and instruments of international trade policy.
3. Will be able to define theories of international trade.
10, 16, 9
A, E
3.1. Define the traditional theories of international trade.
3.2. Define modern theories of international trade.
4. Will be able to describe international trade policy choices.
10, 16, 9
A, E
4.1. Explain the purposes of international trade policy.
4.2. Define international trade policy instruments.
5. Will be able to define free foreign trade policy arguments and protectionist foreign trade arguments.
10, 16, 9
A, E
5.1. Define the increase in economic efficiency.
5.2. Define increase in dynamic gains.
5.3. Explain the reasons that push governments towards protectionist foreign trade.
