Introduction to International Trade (LOJ 209) Course Details

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1 Introduction to International Trade (LOJ 209) Course Details Course Name Course Code Term Lecture Hours Application Hours Lab Credit ECTS Hours Introduction to International Trade LOJ 209 Autumn Pre-requisite Course(s) Course Language Course Type Course Level Mode of Delivery Learning and Teaching Strategies English Compulsory Departmental Courses Bachelor Face to Face Lecture, Discussion, Question and Answer Course Coordinator

2 Course Lecturer(s) Asst. Prof. Dr. Salih AK Course Assistants Course Objectives Course Learning Outcomes Course Content The main purpose of this course is to give students an adequate understanding of international trade. With a historical approach and in a multidisciplinary manner, the course is designed to engage students with international trade theory and international trade policy. The students who succeeded in this course; The students who succeeded in this course will be able to define basic concepts of international trade. Use their knowledge to interpret national and international economic news and policies Develop an economic insight through real life experiences. International Trade is the branch of Economics that deals with international economic problems. The course covers the basic models of international trade and the principle issues of international trade policy. Weekly Subjects and Releated Preparation Studies Week Subjects 1 Introduction World Trade: An Overview Preparation Chapter 1 and Chapter 2, International Economics: Theory and Policy, Pearson Education Limited, 9th Edition, 2012, pp

3 2 Labor Productivity and Comparative Advantage: The Ricardian Model 3 Labor Productivity and Comparative Advantage: The Ricardian Model 4 Specific Factors and Income Distribution 5 Specific Factors and Income Distribution 6 Resources and Trade: The Heckscher-Ohlin Model. 7 Resources and Trade: The Heckscher-Ohlin Model. Chapter 3, International Edition, 2012, pp Chapter 3, International Edition, 2012, pp Chapter 4, International Edition, 2012, pp Chapter 4, International Edition, 2012, pp Chapter 5, International Edition, 2012, pp Chapter 5, International Edition, 2012, pp The Standard Trade Model. Chapter 6, International Edition, 2012, pp Midterm Exam Midterm Exam 10 External Economies of Scale and the International Location of Production 11 Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises Chapter 7, International Edition, 2012, pp Chapter 8, International Edition, 2012, pp

4 12 Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises Chapter 8, International Edition, 2012, pp The Instruments of Trade Policy Chapter 9, International Edition, 2012, pp The Instruments of Trade Policy Chapter 9, International Edition, 2012, pp The Political Economy of Trade Policy Trade Policy in Developing Countries Controversies in Trade Policy 16 Final Exam Final Exam Chapter 10, Chapter 11 and Chapter 12 International Edition, 2012; pp Sources Course Book: 1. International Paul Krugman, Maurice Obstfeld, Edition, Evaluation System Requirements Number Percentage of Grade Attendance/Participation - - Laboratory - -

5 Application - - Field Work - - Special Course Internship - - Quizzes/Studio Critics - - Homework Assignments - - Presentation - - Project - - Seminar - - Midterms Exams/Midterms Jury 1 40 Final Exam/Final Jury 1 60 Total Percentage of Semester Work 40 Percentage of Final Work 60 Total 100 Course Category Core Courses Major Area Courses Supportive Courses

6 Media and Managment Skills Courses Transferable Skill Courses The Relation Between Course Learning Competencies and Program Qualifications # Program Qualifications / Competencies Level of Contribution To be able to utilize the theoretical and practical knowledge acquired in the fields of International Trade and Logistics with an interdisciplinary approach in developing expertise on the track of the progress in the globalized business world 2 To exercise managerial skills by conducting his/her competences in the fields of International Trade and Logistics actively into real processes 3 To be able to communicate effectively both in written and oral forms with the peers in the department where he/she holds a position and organize professional development activities 4 To assess the basic and current dynamics of flexible and open fields of International Trade and Logistics in a theoretical framework 5 To solve the complex problems in the fields of International Trade and Logistics with analytic and independent thinking ability and capability to synthesize them with embracing versatility

7 6 To keep professional capabilities updated through improving business practicum by keeping track of the changes and innovations in the sector 7 To have the characteristics to interpret, inquire and deepen the knowledge acquired during the education process within the existing economic conjuncture 8 To have the necessary organizational skills and responsibility to create flexible, efficient and rapid solutions to the existing and possible problems with an innovative approach by facilitating sectoral coordination through the practices of International Trade and Logistics. 9 To be able to use the current and widely used field specific information and software programs besides having up-to-date technical equipment and multiple language skills needed by private sector in both national and international platforms. 10 To possess the competency in the English language to be able to communicate in every platform effectively, due to the international characteristic of the field they studied 11 To become individuals having high intellectual and social capacity, vision and moral values and the ability to adapt to group communication ECTS/Workload Table Activities Number Duration (Hours) Total Workload Course Hours (Including Exam Week: 16 x Total Hours) Laboratory

8 Application Special Course Internship Field Work Study Hours Out of Class Presentation/Seminar Prepration Project Homework Assignments Quizzes/Studio Critics Prepration of Midterm Exams/Midterm Jury Prepration of Final Exams/Final Jury Total Workload 170

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