Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| INTERNATIONAL TRADE POLICY | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Metin GÜRLER |
| Name of Lecturer(s) | Assist.Prof. Metin GÜRLER |
| Assistant(s) | |
| Aim | To inform students about the causes of trade, how trade is shaped, the principles of trade policies, foreign trade indices and the stages of economic integration in the light of international trade theories. |
| Course Content | This course contains; .Meeting, Introduction of the Course, Establishing the Relationship Between Course Learning Outcomes and Program Competencies, .The Definition of Foreign Trade and Its Importance in Foreign Exchange Earning Services .The Importance and Contribution of Foreign Trade in the Growth of the Country's Economy .The Relationship Between Investment-Production-Export-Employment,Sharing the Subject/Topic of the Homework/Assignment/Project, Which Will Help the Students to Understand the Global Foreign Trade Ecosystem and Türkiye's Place in This System, and Explaining How to Prepare Their Homework,Globalization (MNCs/TNCs), Trade in Value Added (TIVA), International organizations related to foreign trade, Global supply and value chain, Explaining the effect of Foreign Direct Investments on trade,Explaining the Factors of Production, Factor Endowment, International Factor Mobility, Absolute Advantage, Comparative Advantage and Revealed Comparative Advantage (RCA) Index in International Trade,Practical Analysis to Measure the Competitiveness of Product/Product groups (such as Sectors) and Finding the Products, Which Have Competitive Advantage (RCA Index Application) in International Trade,Stages of Economic Integration and Current Examples: .EU .RCEP .ASEAN .ECOWAS .USMCA (NAFTA) .CPTPP .African Union (African Continental Free Trade Area, AfCFTA) etc. ,An Analysis for Finding Target Markets in International Trade and in Which Countries Logistics Bases Can Be Established (Applied Index Generation),Types of Trade Agreements, Trade Agreements Made by Türkiye,Analysis of Türkiye's Current Trade Agreements: .Examining the FTAs/RTAs Between Türkiye and South Korea (Korea Rep.) and the United Kingdom .Examining the Custom Union With the EU,Explaining the Relationship Between Sustainable Foreign Trade (SDGs), Environmental Standards, Inclusive Trade (SheTrades) and International Trade,Explaining the Relationship Between International Trade and: .Growth of Factors of Production .Technical Progress (Improvement) .Economic Growth .Productivity .Efficiency (Resource Allocation) .Innovation .GDP by Expenditure Approach "Y=C+I+G+X-M (X-M: Foreign Trade Balance)",Explaining With Examples: .The Practices That Facilitate Trade .The Prcatices That Complicate Trade (Trade Restrictions): Customs Tariffs, Non-Tariff Barriers/Measures (NTMs), WTO Most Favoured Nation (MFN) Rule ,.Explaining Digitalization .Explaining E-commerce .Explaining E-export .Explaining Micro-Export .Explaining Trade-Related Indicators (Indices, etc.) .Explaining the Digital Infrastructure Analysis for E-export .Comparing Türkiye's Performance With Other Countries in Foreing Trade Indices.,The analysis of foreign trade by transportation methods (mode of transportation). |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to analyse the impact of different trade policies on national economies and international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.1. Describes how theories of international trade have developed (historical process) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.2. Interprets the meaning of foreign trade and internationalization | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.3. Defines the importance of foreign trade for the national economy | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.4. Establishes a cause-effect relationship about how international trade will be shaped under different conditions | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2. Will be able to list national and international institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2.1. Lists the national institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2.2. Lists the international institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3. Will be able to analyse the indicators related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.1. Matches the websites/links to obtain indicators related to international trade from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.2. Interprets the indicators related to international trade from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.3. Rearranges indicators related to international trade from International Organizations by creating tables and figures | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.4. Compares (benchmarks) the macroeconomic indicators of Türkiye and the other countries, which are obtained from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4. Will be able to compare Türkiye's performance in international foreign trade indices (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) with other countries | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.1. Accesses global indices that measure the performance of countries in international foreign trade (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.2. Reviews global indices that measure countries' performance in international foreign trade (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.3. Rearranges the scores (values) of global indices (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) that measure the performance of countries in the field of international foreign trade by creating tables and figures | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.4. Compares (compares) the scores (values) of global indices (E.g: Real Effective Exchange Rate, Terms of Trade Indices) that measure the performance of countries in international foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5. Will be able to analyse in which country/countries a trade center and/or logistics base can be established using the minimum-maximum method | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.1. Determines the indicators for the index, which the student will create for establishing a trade center and/or logistics base | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.2. Creates an index for establishing a trade center and/or logistics base with the trade and logistics indicators, which the student obtains | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.3. Ranks the countries according to the indicators, which the students obtains for establishing a trade center and/or logistics base (measures the performance of the countries in the indicators) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.4. Ranks the countries with the Logistics Center (Trade Center) Index, which the student creates for establishing a trade center and/or logistics base (measures the general performance of countries) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6. Will be able to analyses how global production, global supply chain, global value chain and ultimately global foreign trade are shaped, starting with Foreign Direct Investment (FDI) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.1. Defines the meaning and importance of global supply chain | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.2. Defines the meaning and importance of the global value chain | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.3. Interprets global production (output) data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.4. Interprets global employment data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.5. Interprets the importance of backward participation in the country's economy and finding target markets | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.6. Interprets the importance of forward participation in the country's economy and finding target markets | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7. Will be able to examine the effects of regional economic integration at different levels | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.1. Interprets the World Trade Organization's Most Favored Nation rule | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.2. Interprets the economic integration and trade agreements around the world | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.3. Analyses the agreements such as trade agreements (Free/Regional Trade Agreement "FTA/RTA", Customs Union "CU" and Preferential Trade Agreement "PTA") made by Türkiye within the scope of trade policies | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.4. Prepares trade policies on how Türkiye will benefit from world economic integration and trade agreements | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8. Will be able to analyse Türkiye's foreign trade performance from different perspectives (according to sectors, provinces, chapters, products, payment methods, payment currencies, transportation ethod (mode of transportation), Broad Economic Classification (BEC) method) and compares/benchmarks Türkiye with the other countries | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.1. Analyses the foreign trade performance of Türkiye and the other countries by product/product group/sector/chapters | 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.2. Analyses the foreign trade performance of Türkiye and other the countries by provinces/regions | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.3. Analyses the foreign trade performance of Türkiye and the other countries according to transportation method (mode of transportation) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.4. Analyses the goods (manufactured products) foreign trade performance of Türkiye and the other countries according to technology intensity | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.5. Analyses the goods (manufactured products) foreign trade performance of Türkiye and the other countries according to the Broad Economic Classification | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 8: Flipped Classroom Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | .Meeting, Introduction of the Course, Establishing the Relationship Between Course Learning Outcomes and Program Competencies, .The Definition of Foreign Trade and Its Importance in Foreign Exchange Earning Services .The Importance and Contribution of Foreign Trade in the Growth of the Country's Economy .The Relationship Between Investment-Production-Export-Employment | |
| 2 | Sharing the Subject/Topic of the Homework/Assignment/Project, Which Will Help the Students to Understand the Global Foreign Trade Ecosystem and Türkiye's Place in This System, and Explaining How to Prepare Their Homework | |
| 3 | Globalization (MNCs/TNCs), Trade in Value Added (TIVA), International organizations related to foreign trade, Global supply and value chain, Explaining the effect of Foreign Direct Investments on trade | |
| 4 | Explaining the Factors of Production, Factor Endowment, International Factor Mobility, Absolute Advantage, Comparative Advantage and Revealed Comparative Advantage (RCA) Index in International Trade | |
| 5 | Practical Analysis to Measure the Competitiveness of Product/Product groups (such as Sectors) and Finding the Products, Which Have Competitive Advantage (RCA Index Application) in International Trade | |
| 6 | Stages of Economic Integration and Current Examples: .EU .RCEP .ASEAN .ECOWAS .USMCA (NAFTA) .CPTPP .African Union (African Continental Free Trade Area, AfCFTA) etc. | |
| 7 | An Analysis for Finding Target Markets in International Trade and in Which Countries Logistics Bases Can Be Established (Applied Index Generation) | |
| 8 | Types of Trade Agreements, Trade Agreements Made by Türkiye | |
| 9 | Analysis of Türkiye's Current Trade Agreements: .Examining the FTAs/RTAs Between Türkiye and South Korea (Korea Rep.) and the United Kingdom .Examining the Custom Union With the EU | |
| 10 | Explaining the Relationship Between Sustainable Foreign Trade (SDGs), Environmental Standards, Inclusive Trade (SheTrades) and International Trade | |
| 11 | Explaining the Relationship Between International Trade and: .Growth of Factors of Production .Technical Progress (Improvement) .Economic Growth .Productivity .Efficiency (Resource Allocation) .Innovation .GDP by Expenditure Approach "Y=C+I+G+X-M (X-M: Foreign Trade Balance)" | |
| 12 | Explaining With Examples: .The Practices That Facilitate Trade .The Prcatices That Complicate Trade (Trade Restrictions): Customs Tariffs, Non-Tariff Barriers/Measures (NTMs), WTO Most Favoured Nation (MFN) Rule | |
| 13 | .Explaining Digitalization .Explaining E-commerce .Explaining E-export .Explaining Micro-Export .Explaining Trade-Related Indicators (Indices, etc.) .Explaining the Digital Infrastructure Analysis for E-export .Comparing Türkiye's Performance With Other Countries in Foreing Trade Indices. | |
| 14 | The analysis of foreign trade by transportation methods (mode of transportation) |
| Resources |
| Books and reports related with the course 1. Trade Statistics in Policymaking: A Handbook of Commonly Used Trade Indices and Indicators (UN ESCAP) 2. A Practical Guide to Trade Policy Analysis (UN WTO) 3. Trade Flows and Trade Policy Analysis (UN WTO, UN UNESCAP) 4. International Economics by Dominick Salvatore 5. Principles of Economics/ Chapter 9/ Application: International Trade by N. Gregory Mankiw 6. Handbook of Statistics (UNCTAD) 7. Review of Maritime Transport (UNCTAD report series) 8. World Investment Report (UNCTAD report series) 9. IMF World Economic Outlook Report series (2 main publications and 2 updates per year) .April (updated in July of the same year) .October (updated in January of the following year) |
| Additional resources for the course 1.UN ESCAP web page/ international trade indicators/indices: https://repository.unescap.org/bitstream/handle/20.500.12870/4195/ESCAP-2007-MN-Trade-statistics-in-policymaking.pdf?sequence=1&isAllowed=y 2.WTO SDGs related foreign trade web page: https://sdgtrade.org/en 3.TradeMap web page, https://www.trademap.org/Country_SelProduct_TS.aspx?nvpm=1%7c%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c1%7c2%7c1%7c2%7c1%7c 4.MacMap web page https://www.macmap.org/ 5.UNCTAD web page, https://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx vehttps://trains.unctad.org/Default.aspx 6.Comtrade web page, https://comtrade.un.org/data/ 7.WTO web page, https://www.wto.org/english/res_e/statis_e/statis_e.htm 8.The World Bank statistics web page, https://data.worldbank.org/ 9.IMF statistics web page, http://data.imf.org/?sk=388DFA60-1D26-4ADE-B505-A05A558D9A42 10.WITS web page, https://wits.worldbank.org/ 11.Eurostat Comext web page, http://epp.eurostat.ec.europa.eu/newxtweb/setupdimselection.do 12.OECD statistics web page, https://stats.oecd.org/ 13.TURKSTAT web page, https://biruni.tuik.gov.tr/disticaretapp/menu.zul 14.Turkish Exporters' Assembly web page, https://www.tim.org.tr/tr/ihracat-rakamlari.html 15. UNCTAD TRAINS web page (Non Tariiff Measures, NTMS), https://trainsonline.unctad.org/home |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
| 2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
| 3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | ||||||
| 4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
| 5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
| 6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
| 7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
| 8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar. | X | |||||
| 9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
| 10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | ||||||
| 11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
| 12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | 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 | 3 | 42 | |||
| Guided Problem Solving | 14 | 3 | 42 | |||
| Resolution of Homework Problems and Submission as a Report | 4 | 3 | 12 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 1 | 18 | 18 | |||
| General Exam | 1 | 33 | 33 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 147 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(147/30) | 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 POLICY | - | Spring Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | English |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Metin GÜRLER |
| Name of Lecturer(s) | Assist.Prof. Metin GÜRLER |
| Assistant(s) | |
| Aim | To inform students about the causes of trade, how trade is shaped, the principles of trade policies, foreign trade indices and the stages of economic integration in the light of international trade theories. |
| Course Content | This course contains; .Meeting, Introduction of the Course, Establishing the Relationship Between Course Learning Outcomes and Program Competencies, .The Definition of Foreign Trade and Its Importance in Foreign Exchange Earning Services .The Importance and Contribution of Foreign Trade in the Growth of the Country's Economy .The Relationship Between Investment-Production-Export-Employment,Sharing the Subject/Topic of the Homework/Assignment/Project, Which Will Help the Students to Understand the Global Foreign Trade Ecosystem and Türkiye's Place in This System, and Explaining How to Prepare Their Homework,Globalization (MNCs/TNCs), Trade in Value Added (TIVA), International organizations related to foreign trade, Global supply and value chain, Explaining the effect of Foreign Direct Investments on trade,Explaining the Factors of Production, Factor Endowment, International Factor Mobility, Absolute Advantage, Comparative Advantage and Revealed Comparative Advantage (RCA) Index in International Trade,Practical Analysis to Measure the Competitiveness of Product/Product groups (such as Sectors) and Finding the Products, Which Have Competitive Advantage (RCA Index Application) in International Trade,Stages of Economic Integration and Current Examples: .EU .RCEP .ASEAN .ECOWAS .USMCA (NAFTA) .CPTPP .African Union (African Continental Free Trade Area, AfCFTA) etc. ,An Analysis for Finding Target Markets in International Trade and in Which Countries Logistics Bases Can Be Established (Applied Index Generation),Types of Trade Agreements, Trade Agreements Made by Türkiye,Analysis of Türkiye's Current Trade Agreements: .Examining the FTAs/RTAs Between Türkiye and South Korea (Korea Rep.) and the United Kingdom .Examining the Custom Union With the EU,Explaining the Relationship Between Sustainable Foreign Trade (SDGs), Environmental Standards, Inclusive Trade (SheTrades) and International Trade,Explaining the Relationship Between International Trade and: .Growth of Factors of Production .Technical Progress (Improvement) .Economic Growth .Productivity .Efficiency (Resource Allocation) .Innovation .GDP by Expenditure Approach "Y=C+I+G+X-M (X-M: Foreign Trade Balance)",Explaining With Examples: .The Practices That Facilitate Trade .The Prcatices That Complicate Trade (Trade Restrictions): Customs Tariffs, Non-Tariff Barriers/Measures (NTMs), WTO Most Favoured Nation (MFN) Rule ,.Explaining Digitalization .Explaining E-commerce .Explaining E-export .Explaining Micro-Export .Explaining Trade-Related Indicators (Indices, etc.) .Explaining the Digital Infrastructure Analysis for E-export .Comparing Türkiye's Performance With Other Countries in Foreing Trade Indices.,The analysis of foreign trade by transportation methods (mode of transportation). |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will be able to analyse the impact of different trade policies on national economies and international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.1. Describes how theories of international trade have developed (historical process) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.2. Interprets the meaning of foreign trade and internationalization | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.3. Defines the importance of foreign trade for the national economy | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 1.4. Establishes a cause-effect relationship about how international trade will be shaped under different conditions | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2. Will be able to list national and international institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2.1. Lists the national institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 2.2. Lists the international institutions related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3. Will be able to analyse the indicators related to international trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.1. Matches the websites/links to obtain indicators related to international trade from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.2. Interprets the indicators related to international trade from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.3. Rearranges indicators related to international trade from International Organizations by creating tables and figures | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 3.4. Compares (benchmarks) the macroeconomic indicators of Türkiye and the other countries, which are obtained from International Organizations | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4. Will be able to compare Türkiye's performance in international foreign trade indices (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) with other countries | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.1. Accesses global indices that measure the performance of countries in international foreign trade (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.2. Reviews global indices that measure countries' performance in international foreign trade (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.3. Rearranges the scores (values) of global indices (E.g.: Real Effective Exchange Rate, Terms of Trade Indices) that measure the performance of countries in the field of international foreign trade by creating tables and figures | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 4.4. Compares (compares) the scores (values) of global indices (E.g: Real Effective Exchange Rate, Terms of Trade Indices) that measure the performance of countries in international foreign trade | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5. Will be able to analyse in which country/countries a trade center and/or logistics base can be established using the minimum-maximum method | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.1. Determines the indicators for the index, which the student will create for establishing a trade center and/or logistics base | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.2. Creates an index for establishing a trade center and/or logistics base with the trade and logistics indicators, which the student obtains | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.3. Ranks the countries according to the indicators, which the students obtains for establishing a trade center and/or logistics base (measures the performance of the countries in the indicators) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 5.4. Ranks the countries with the Logistics Center (Trade Center) Index, which the student creates for establishing a trade center and/or logistics base (measures the general performance of countries) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6. Will be able to analyses how global production, global supply chain, global value chain and ultimately global foreign trade are shaped, starting with Foreign Direct Investment (FDI) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.1. Defines the meaning and importance of global supply chain | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.2. Defines the meaning and importance of the global value chain | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.3. Interprets global production (output) data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.4. Interprets global employment data | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.5. Interprets the importance of backward participation in the country's economy and finding target markets | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 6.6. Interprets the importance of forward participation in the country's economy and finding target markets | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7. Will be able to examine the effects of regional economic integration at different levels | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.1. Interprets the World Trade Organization's Most Favored Nation rule | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.2. Interprets the economic integration and trade agreements around the world | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.3. Analyses the agreements such as trade agreements (Free/Regional Trade Agreement "FTA/RTA", Customs Union "CU" and Preferential Trade Agreement "PTA") made by Türkiye within the scope of trade policies | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 7.4. Prepares trade policies on how Türkiye will benefit from world economic integration and trade agreements | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8. Will be able to analyse Türkiye's foreign trade performance from different perspectives (according to sectors, provinces, chapters, products, payment methods, payment currencies, transportation ethod (mode of transportation), Broad Economic Classification (BEC) method) and compares/benchmarks Türkiye with the other countries | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.1. Analyses the foreign trade performance of Türkiye and the other countries by product/product group/sector/chapters | 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.2. Analyses the foreign trade performance of Türkiye and other the countries by provinces/regions | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.3. Analyses the foreign trade performance of Türkiye and the other countries according to transportation method (mode of transportation) | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.4. Analyses the goods (manufactured products) foreign trade performance of Türkiye and the other countries according to technology intensity | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| 8.5. Analyses the goods (manufactured products) foreign trade performance of Türkiye and the other countries according to the Broad Economic Classification | 10, 12, 13, 14, 16, 19, 4, 5, 6, 8, 9 | A, E |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 4: Inquiry-Based Learning, 5: Cooperative Learning, 6: Experiential Learning, 8: Flipped Classroom Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | .Meeting, Introduction of the Course, Establishing the Relationship Between Course Learning Outcomes and Program Competencies, .The Definition of Foreign Trade and Its Importance in Foreign Exchange Earning Services .The Importance and Contribution of Foreign Trade in the Growth of the Country's Economy .The Relationship Between Investment-Production-Export-Employment | |
| 2 | Sharing the Subject/Topic of the Homework/Assignment/Project, Which Will Help the Students to Understand the Global Foreign Trade Ecosystem and Türkiye's Place in This System, and Explaining How to Prepare Their Homework | |
| 3 | Globalization (MNCs/TNCs), Trade in Value Added (TIVA), International organizations related to foreign trade, Global supply and value chain, Explaining the effect of Foreign Direct Investments on trade | |
| 4 | Explaining the Factors of Production, Factor Endowment, International Factor Mobility, Absolute Advantage, Comparative Advantage and Revealed Comparative Advantage (RCA) Index in International Trade | |
| 5 | Practical Analysis to Measure the Competitiveness of Product/Product groups (such as Sectors) and Finding the Products, Which Have Competitive Advantage (RCA Index Application) in International Trade | |
| 6 | Stages of Economic Integration and Current Examples: .EU .RCEP .ASEAN .ECOWAS .USMCA (NAFTA) .CPTPP .African Union (African Continental Free Trade Area, AfCFTA) etc. | |
| 7 | An Analysis for Finding Target Markets in International Trade and in Which Countries Logistics Bases Can Be Established (Applied Index Generation) | |
| 8 | Types of Trade Agreements, Trade Agreements Made by Türkiye | |
| 9 | Analysis of Türkiye's Current Trade Agreements: .Examining the FTAs/RTAs Between Türkiye and South Korea (Korea Rep.) and the United Kingdom .Examining the Custom Union With the EU | |
| 10 | Explaining the Relationship Between Sustainable Foreign Trade (SDGs), Environmental Standards, Inclusive Trade (SheTrades) and International Trade | |
| 11 | Explaining the Relationship Between International Trade and: .Growth of Factors of Production .Technical Progress (Improvement) .Economic Growth .Productivity .Efficiency (Resource Allocation) .Innovation .GDP by Expenditure Approach "Y=C+I+G+X-M (X-M: Foreign Trade Balance)" | |
| 12 | Explaining With Examples: .The Practices That Facilitate Trade .The Prcatices That Complicate Trade (Trade Restrictions): Customs Tariffs, Non-Tariff Barriers/Measures (NTMs), WTO Most Favoured Nation (MFN) Rule | |
| 13 | .Explaining Digitalization .Explaining E-commerce .Explaining E-export .Explaining Micro-Export .Explaining Trade-Related Indicators (Indices, etc.) .Explaining the Digital Infrastructure Analysis for E-export .Comparing Türkiye's Performance With Other Countries in Foreing Trade Indices. | |
| 14 | The analysis of foreign trade by transportation methods (mode of transportation) |
| Resources |
| Books and reports related with the course 1. Trade Statistics in Policymaking: A Handbook of Commonly Used Trade Indices and Indicators (UN ESCAP) 2. A Practical Guide to Trade Policy Analysis (UN WTO) 3. Trade Flows and Trade Policy Analysis (UN WTO, UN UNESCAP) 4. International Economics by Dominick Salvatore 5. Principles of Economics/ Chapter 9/ Application: International Trade by N. Gregory Mankiw 6. Handbook of Statistics (UNCTAD) 7. Review of Maritime Transport (UNCTAD report series) 8. World Investment Report (UNCTAD report series) 9. IMF World Economic Outlook Report series (2 main publications and 2 updates per year) .April (updated in July of the same year) .October (updated in January of the following year) |
| Additional resources for the course 1.UN ESCAP web page/ international trade indicators/indices: https://repository.unescap.org/bitstream/handle/20.500.12870/4195/ESCAP-2007-MN-Trade-statistics-in-policymaking.pdf?sequence=1&isAllowed=y 2.WTO SDGs related foreign trade web page: https://sdgtrade.org/en 3.TradeMap web page, https://www.trademap.org/Country_SelProduct_TS.aspx?nvpm=1%7c%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c1%7c2%7c1%7c2%7c1%7c 4.MacMap web page https://www.macmap.org/ 5.UNCTAD web page, https://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx vehttps://trains.unctad.org/Default.aspx 6.Comtrade web page, https://comtrade.un.org/data/ 7.WTO web page, https://www.wto.org/english/res_e/statis_e/statis_e.htm 8.The World Bank statistics web page, https://data.worldbank.org/ 9.IMF statistics web page, http://data.imf.org/?sk=388DFA60-1D26-4ADE-B505-A05A558D9A42 10.WITS web page, https://wits.worldbank.org/ 11.Eurostat Comext web page, http://epp.eurostat.ec.europa.eu/newxtweb/setupdimselection.do 12.OECD statistics web page, https://stats.oecd.org/ 13.TURKSTAT web page, https://biruni.tuik.gov.tr/disticaretapp/menu.zul 14.Turkish Exporters' Assembly web page, https://www.tim.org.tr/tr/ihracat-rakamlari.html 15. UNCTAD TRAINS web page (Non Tariiff Measures, NTMS), https://trainsonline.unctad.org/home |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Uluslararası ticaret ve finansman alanında teorik bilgileri tanımlar. | X | |||||
| 2 | Uluslararası ticaret ve finansman alanında gerekli matematiksel ve istatistiki yöntemleri anlatır. | X | |||||
| 3 | Uluslararası ticaret ve finansman alanında gerekli en az bir bilgisayar programı kullanır. | ||||||
| 4 | Uluslararası ticaret ve finansman alanında gerekli olan mesleki yabancı dil yeterliliğini gösterir. | X | |||||
| 5 | Uluslararası ticaret ve finansman alanında projeler hazırlar ve takım çalışmalarını yönetir. | X | |||||
| 6 | Mesleki alanda yaşam boyu öğrenmenin gerekliliği bilinciyle bilim ve teknolojideki gelişmeleri izleyerek kendini sürekli yenileyip edindiği bilgi ve becerileri eleştirel olarak değerlendirir. | X | |||||
| 7 | Uluslararası ticaret ve finansman alanında teorik ve uygulamaya yönelik bilgileri kullanır | X | |||||
| 8 | En az A1 düzeyinde bir yabancı dili kullanarak güncel teknolojileri takip eder, sözlü / yazılı iletişim kurar. | X | |||||
| 9 | Örgüt / kurumsal, iş ve toplumsal etik değerlerini benimser ve kullanır. | X | |||||
| 10 | Topluma hizmet duyarlılığı çerçevesinde, sosyal sorumluluk ilkelerini benimser ve gerektiğinde inisiyatif alır. | ||||||
| 11 | Disiplinler arası çalışmalar yürütebilmek için farklı disiplinlerde (ekonomi, finans, sosyoloji, hukuk, işletme) temel bilgileri ve verileri analiz ederek alanında kullanır. | X | |||||
| 12 | Öğrenciler, küresel ticaret, ihracat-ithalat işlemleri, gümrük işlemleri ve dış ticaretin finansmanı alanlarında uzmanlık elde eder. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |