International Trade and Logistics (English)
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of International Trade and Logistics (English)
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of International Trade and Logistics (English)
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 04930003 | International Economics | 2 | Autumn | 3 | 3+0+0 | 5 | 5 |
| Course Type | Compulsory |
| 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 | - |
| Instructor(s) | Dr. Zekeriya OLGUNÇELİK |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Dr. Zekeriya OLGUNÇELİK | C-MISAFIR OGRETIM UYESI | [email protected] |
Course Content
Introduction (The Globalization of the World Economy), The Globalization of the World Economy/Definition of Basic Terms in International Economics/Current International Economic Problems, Trade/International Trade Theories/Comparative Advantage and Absolute Advantage, Factor Endowments and the Heckscher-Ohlin Theory, Economies of Scale, Imperfect Competition, and International Trade, Discuss and solve mid-term exam questions, Economic Growth and International Trade, Trade Restrictions: Tariffs, Nontariff Trade Barriers and New Protectionism, New Protectionism (The Political Economy of Protectionism- Nontariff Trade Barriers), Economic Integration: Customs Unions and Free Trade Areas.
Objectives of the Course
This course will help students to have a general knowledge of the global economic system, its significance, and how the interdependencies among economies affect our daily lives.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| Specialization / Field Courses | X |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P13 | Being aware of the global and local economic, social, legal and environmental consequences of field practices and the responsibilities that these consequences impose on oneself and other actors in the field. | 5 |
| P4 | Monitor and evaluate the micro and macro actors involved in International Trade and Logistics processes, their activities, and their relationships and interactions with each other and with actors in other systems. | 5 |
| P3 | To be able to make evaluations and express opinions on economic, administrative, financial and commercial issues. | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | To be able to comprehend and interpret the concepts of monetary policy, national economy and budget deficits theoretically, analytically and algebraically. | P.13.3 | 1 |
| O2 | Students will be able to know and compare global macroeconomic theories. | P.4.10 | 1 |
| O3 | Knows economic thought systems. | P.3.9 | 1 |
| O4 | Knows the concepts of demand, supply, market, elasticity, consumer, producer and cost theories. | P.3.10 | 1 |
| O5 | Knows market structures and the concept of perfect competition. | P.3.11 | 1 |
| O6 | Master the basic macroeconomic concepts. | P.3.13 | 1 |
| O7 | Students learn the approaches to be used in testing economic hypotheses. | P.3.16 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Introduction |
| 2 | The Globalization of the World Economy |
| 3 | Understanding the Basic Terms in International Economics |
| 4 | Current International Economic Problems |
| 5 | Trade/International Trade Theories/ |
| 6 | Comparative Advantage and Absolute Advantage |
| 7 | Factor Endowments and the Heckscher-Ohlin Theory |
| 8 | Economies of Scale, Imperfect Competition, and International Trade |
| 9 | Economic Growth and International Trade |
| 10 | Trade Restrictions: Tariffs |
| 11 | Nontariff Trade Barriers and New Protectionism |
| 12 | New Protectionism (The Political Economy of Protectionism- Nontariff Trade Barriers) |
| 13 | Economic Integration: Customs Unions |
| 14 | Economic Integration: Free Trade Areas |
Textbook or Material
| Resources | Textbooks: International Economics by Dominick Salvatore (10th Edition John Wiley & Sons, Inc). |
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 | 1 | 40 (%) |
| Final Exam | 1 | 60 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 3 | 42 |
| Midterms | 1 | 30 | 30 |
| 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 | 1 | 40 | 40 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 154 | ||
| Total Work Load / 30 | 5,13 | ||
| Course ECTS Credits: | 5 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P3 | P4 | P13 |
|---|---|---|---|---|
| O1 | Knows economic thought systems. | 5 | - | - |
| O2 | Knows the concepts of demand, supply, market, elasticity, consumer, producer and cost theories. | 5 | - | - |
| O3 | Knows market structures and the concept of perfect competition. | 5 | - | - |
| O4 | Master the basic macroeconomic concepts. | 5 | - | - |
| O5 | Students learn the approaches to be used in testing economic hypotheses. | 5 | - | - |
| O6 | Students will be able to know and compare global macroeconomic theories. | - | 5 | - |
| O7 | To be able to comprehend and interpret the concepts of monetary policy, national economy and budget deficits theoretically, analytically and algebraically. | - | - | 5 |