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Course Details
KTO KARATAY UNIVERSITY
Faculty of Engineering
Programme of Mechanical Engineering
Course Details
Course Code Course Name Year Period Semester T+A+L Credit ECTS
MAK5423 International Economics 3 Autumn 5 2+0+0 2 2
Course Type Elective
Course Cycle Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6)
Course Language Turkish
Methods and Techniques -
Mode of Delivery Face to Face
Prerequisites -
Coordinator Prof. Faruk ÜNSAÇAR
Instructor(s) -
Instructor Assistant(s) -
Course Content
Foreign Trade: Foreign trade theories, multilateral and regional trade agreements, structure of foreign trade, impact of foreign trade on income distribution, protectionism, economic and political effects of barriers on foreign trade; International Finance: Balance of payments, foreign exchange market, exchange rate policies, international capital movements, financial crises
Objectives of the Course
The aim of this course is to introduce the students to the basic concepts and theoretical framework of foreign trade and international finance system. The first part of the course consists of two parts: foreign trade theories and policies; The second part is dedicated to the analysis of the international financial system, which is the basis for understanding the global economy.
Contribution of the Course to Field Teaching
Basic Vocational Courses
Specialization / Field Courses
Support Courses
Transferable Skills Courses
Humanities, Communication and Management Skills Courses
Weekly Detailed Course Contents
Week Topics
1 Introduction - International Economic Organizations
2 Theory of Comparative Advantages and Foreign Trade
3 Modern Trade Theories
4 Missing Competition and Foreign Trade
5 Again
6 Tariffs and Quotas
7 Foreign Trade Policy
8 International Trade - Labor and Environment Standards
9 Balance of Payments
10 Exchange Rate and Exchange Rate Systems
11 Exchange Rate and Exchange Rate Systems
12 Open Economy - Introduction to Macroeconomic Analysis
13 Open Economy - Introduction to Macroeconomic Analysis
14 An overview
15 final exam
Textbook or Material
Resources MAIN TEXT Gerber J. (2011). International Economics, 5th edition, Pearson / Addison-Wesley. Krugman P.R. and M. Obstfeld (2003). International Economics, 6th edition, Pearson / Addison-Wesley.
Evaluation Method and Passing Criteria
In-Term Studies Quantity Percentage
Attendance - -
Laboratory - -
Practice - -
Field Study - -
Course Specific Internship (If Any) - -
Homework - -
Presentation - -
Projects - -
Seminar - -
Quiz - -
Listening - -
Midterms - -
Final Exam - -
Total 0 (%)
ECTS / Working Load Table
Quantity Duration Total Work Load
Course Week Number and Time 0 0 0
Out-of-Class Study Time (Pre-study, Library, Reinforcement) 0 0 0
Midterms 0 0 0
Quiz 0 0 0
Homework 0 0 0
Practice 0 0 0
Laboratory 0 0 0
Project 0 0 0
Workshop 0 0 0
Presentation/Seminar Preparation 0 0 0
Fieldwork 0 0 0
Final Exam 0 0 0
Other 0 0 0
Total Work Load: 0
Total Work Load / 30 0
Course ECTS Credits: 0