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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
International Economics I EKO331 Compulsory Bachelor's degree 3 Fall 5

Name of Lecturer(s)

Prof. Dr. Yusuf BAYRAKTUTAN

Learning Outcomes of the Course Unit

1) Evaluate economic events with an international perspective.
2) Explain the causes and benefits of foreign trade.
3) Clarify foreign trade policy and its effects.
4) Recall the relations of foreign trade with growth.
5) Evaluate global trade mechanism.

Program Competencies-Learning Outcomes Relation

  Program Competencies
1 2 3 4 5 6 7 8 9 10
Learning Outcomes
1 High Middle Middle High High Middle High High Middle Middle
2 High Middle Middle High High Middle High High Middle Middle
3 High Middle Middle High High Middle High High Middle Middle
4 High Middle Middle High High Middle High High Middle Middle
5 High Middle Middle High High Middle High High Middle Middle

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

This course covers content and origin of ınternational trade theory, absolute advantage and the theory of comperative advantage, analysis of foreign trade with opportunity cost and ındifference curves, analysis of offer curve, the Heckscher-Ohlin model, factor endowment theory, factor-price equalization theory, Stolpher Samuelson, specific factor model; Leontief paradox, new theories of foreign trade, foreign trade and economic growth, ınternational trade policy, objectives and instruments, tariffs, other trade policy instuments, liberalization of world trade.

Recommended or Required Reading

Planned Learning Activities and Teaching Methods



Assessment Methods and Criteria

Language of Instruction

Turkish

Work Placement(s)

Not Required