COURSE INFORMATION
Course Title: INTERNATIONAL TRADE THEORY AND POLICY
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 253 D 3 4 0 0 4 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Uğur Ergün
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time:
Course Description: Trade Policy is complex nexus of economic theory, economic conditions and trends, domestic and international politics and institutions, domestic business interests and civil society. The objective of this course is to provide an understanding of contemporary trade policies and the relationships between public policy and economic theory in the context of a globalized world economy.
Course Objectives: Trade Policy is complex nexus of economic theory, economic conditions and trends, domestic and international politics and institutions, domestic business interests and civil society. The objective of this course is to provide an understanding of contemporary trade policies and the relationships between public policy and economic theory in the context of a globalized world economy.
COURSE OUTLINE
Week Topics
1 Introduction & an overview of International Trade
2 Chapter 1: Trade in the Global Economy
3 Chapter 2: Trade and Technology: The Ricardian Model
4 Chapter 3: Gains and Losses from Trade in the Specific-Factors Model
5 Chapter 4: Trade Resources: The Heckscher-Ohlin Model
6 Chapter 4: Trade Resources: The Heckscher-Ohlin Model cont. & Review
7 Mid-term exam
8 Chapter 5: Movement of Labor and Capital Between Countries
9 Chapter 6: Increasing Returns to Scale and Monopolistic Competition
10 Chapter 7: Offshoring of Goods and Services
11 Chapter 8: Import Tariffs and Quotas Under Perfect Competition
12 Chapter 9: Import Tariffs and Quotas Under Imperfect Competition
13 Chapter 10: Export Subsidies in Agriculture and High Technology Industries
14 Chapter 11: International Agreements: Trade, Labor and the Environment& Review
Prerequisite(s):
Textbook: International Trade, Feenstra, Robert and Taylor, Alan, 3rd edition, 2014, Worth Publisher, web page: https://he.palgrave.com/page/detail/?sf1=barcode&st1=9781429278447
Other References:
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Learning of basic international trade concepts
2 Learning of trade and technology
3 Understanding of import tariffs
4 Understanding logic of exports and international agreements
5 Decision making and structuring of international trade policy
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Banking and Finance (3 years) Program
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. 5
2 They have knowledge about the finance and banking. 5
3 They have knowledge about the money and banking. 5
4 They have knowledge about the international finance and banking. 5
5 They have ability to use mathematical and statistical methods in banking and finance. 3
6 They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department. 2
7 They have necessary banking and finance skills that needed in private and public sector. 4
8 They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. 4
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. 5
10 They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Quiz
2
20
Final Exam
1
30
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 1 48 48
Hours for off-the-classroom study (Pre-study, practice) 1 32 32
Mid-terms 1 15 15
Assignments 0
Final examination 1 25 25
Other 1 5 5
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5