Foreign trade
Course Details
KTO KARATAY UNIVERSITY
Trade and Industry Vocational School
Programme of Foreign trade
Course Details
Trade and Industry Vocational School
Programme of Foreign trade
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 03610104 | Economy | 2025 | Autumn | 1 | 3+0+0 | 6 | 6 |
| Course Type | Compulsory |
| Course Cycle | Associate (Short Cycle) (TQF-HE: Level 5 / QF-EHEA: Short Cycle / EQF-LLL: Level 5) |
| Course Language | Turkish |
| Methods and Techniques | In addition to qualitative information, quantitative information is also evaluated in the course. Reading and interpreting graphs form the foundation of the course. |
| Mode of Delivery | Face to Face |
| Prerequisites | There are no prerequisites other than course registration criteria. |
| Coordinator | - |
| Instructor(s) | Lect. Müşerref ARIK |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Lect. Müşerref ARIK | TSMYO-210 | [email protected] | 7865 | Thursday 11.00 |
Course Content
This course examines the basic concepts of economics, supply-and-demand analysis, and market equilibrium.
Objectives of the Course
The purpose of this course is to teach students in the international trade program the fundamental concepts of economics and to develop their ability to analyze economic phenomena. The course covers the mechanisms of supply and demand, market equilibrium, price formation, consumer and producer surplus, price controls, and elasticity; the goal is to develop students'ability to read and interpret economic graphs and data tables.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | X |
| Specialization / Field Courses | |
| 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 |
|---|---|---|
| P9 | It manages export-import operations, payment methods, and delivery terms in an integrated manner throughout the foreign trade process. | 2 |
| P18 | With a lifelong learning mindset, they follow developments in their field and are open to digital transformation and innovation. | 5 |
| P19 | They assume responsibility in both individual and team work, and act with an awareness of global and local impacts. | 4 |
| P8 | It operates in accordance with professional ethics and quality standards. | 4 |
| P17 | She/He use a foreign language at the general level of the European Language Portfolio A1-A1+. | 3 |
| P12 | It applies fundamental business, economic, and mathematical concepts to foreign trade processes. | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Defines the basic concepts, parties, and operational workflow in foreign trade. | P.2.6 | 1 |
| O2 | It evaluates digital marketing trends and current issues in marketing ethics from a critical perspective. | P.18.3 | 1 |
| O3 | Adapts to teamwork in the workplace, assumes professional responsibilities, and reports on practical experience. | P.19.1 | 1 |
| O4 | Adapts to teamwork in the workplace and takes on professional responsibilities. | P.8.1 | 1 |
| O5 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | P.8.4 | 1 |
| O6 | It explains the basic concepts, transaction processes, and accounting principles related to foreign trade accounting. | P.14.2 | 1 |
| O7 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | P.22.5 | 1 |
| O8 | Explains the basic concepts of economics. | P.12.1 | 1 |
| O9 | Defines the basic concepts, parties, and operational workflow in foreign trade. | P.9.1 | 1 |
| O10 | It analyzes the concepts of supply and demand graphically. | P.12.2 | 1 |
| O11 | It explains consumer and producer surplus using graphs. | P.12.3 | 1 |
| O12 | It evaluates the results of flexibility and price interventions. | P.12.4 | 1 |
| O13 | Interprets market equilibrium and price formation. | P.12.5 | 1 |
| O14 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | P.17.9 | 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 | Course Overview and Introduction to Economics |
| 2 | Basic Economic Concepts and the Problem of Scarcity |
| 3 | Economic actors and market behavior |
| 4 | Theory of Demand and the Law of Demand |
| 5 | Graphical representation of the demand curve and demand analysis |
| 6 | Theory of Supply and the Law of Supply |
| 7 | Graphical representation of the supply curve and supply analysis |
| 8 | Midterm exam |
| 9 | Market equilibrium and the price formation mechanism |
| 10 | Analysis of Consumer and Producer Surplus |
| 11 | Price controls: minimum and maximum price regulations |
| 12 | The Consequences of the Black Market and Market Interventions |
| 13 | The concept of supply and demand elasticity |
| 14 | General assessment and economic analysis applications |
Textbook or Material
| Resources | DİNLER Z. (2011). Introduction to Economics. Ekin Publishing House. |
| Gülden Ülgen Introduction to Economics | |
| ERTEK T. (2005). Basic Economics. Beta Press Publication. |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Quiz | - | - |
| 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) | 13 | 2 | 26 |
| Midterms | 1 | 40 | 40 |
| 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 | 60 | 60 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 168 | ||
| Total Work Load / 30 | 5,60 | ||
| Course ECTS Credits: | 6 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P2 | P8 | P9 | P12 | P14 | P17 | P18 | P19 | P22 |
|---|---|---|---|---|---|---|---|---|---|---|
| O1 | Defines the basic concepts, parties, and operational workflow in foreign trade. | 4 | - | 3 | - | - | - | - | - | - |
| O2 | Adapts to teamwork in the workplace and takes on professional responsibilities. | - | 5 | - | - | - | - | - | - | - |
| O3 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | - | 4 | - | - | - | 2 | - | - | 5 |
| O4 | Defines the basic concepts, parties, and operational workflow in foreign trade. | - | 2 | 1 | - | - | - | - | - | - |
| O5 | Explains the basic concepts of economics. | - | - | - | 5 | - | - | - | - | - |
| O6 | It analyzes the concepts of supply and demand graphically. | - | - | - | 5 | - | - | - | - | - |
| O7 | It explains consumer and producer surplus using graphs. | - | - | - | 5 | - | - | - | - | - |
| O8 | It evaluates the results of flexibility and price interventions. | - | - | - | 5 | - | - | - | - | - |
| O9 | Interprets market equilibrium and price formation. | - | - | - | 5 | - | - | - | - | - |
| O10 | It explains the basic concepts, transaction processes, and accounting principles related to foreign trade accounting. | - | - | - | - | 5 | - | - | - | - |
| O11 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | - | 4 | - | - | - | 2 | - | - | 5 |
| O12 | It evaluates digital marketing trends and current issues in marketing ethics from a critical perspective. | - | 5 | - | - | - | - | 5 | - | - |
| O13 | Adapts to teamwork in the workplace, assumes professional responsibilities, and reports on practical experience. | - | - | - | - | - | - | - | 3 | - |
| O14 | In business communication, they engage in written and verbal communication while taking into account professional courtesy, transparency, and adherence to procedures. | - | 4 | - | - | - | 2 | - | - | 5 |