INTERNATIONAL ECONOMICS

Course Description

The purpose of this course is to help students understand the basics of international trade and the effects of various international economic policies on domestic and world welfare. The course will cover sources of comparative advantage, gains and losses from trade. This course also focuses on international trade of goods, services, and capital. The issues discussed include gains from trade and their distribution; analysis of protectionism; strategic trade barriers; the trade deficit; exchange rate determination; and government intervention in foreign exchange markets. Students who master this material will be better able to work in and make contributions to organizations (e.g., business firms) involved in international trade and finance issues.

INTERNATIONAL ECONOMICS

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 learning the principles of international trade theory and policy
2. 02 Trade models
3. 03 Gravity model
4. 04 Trade policy in advanced countries vs developing countries
5. 05 Trade policy and monetary policy in an open economy -Free trade
6. 06 Learning important historical information
7. 07 Theoretical discussions
8. 08 Able to analyse the trade and policy diagrams
9. 09 Key terms and phrases in the international trade and economic subject
10. 10 The case studies that refelects the real and current world trade and economics

Course Syllabus

Reference Books & Course Materials

1. 01 1. Krugman, P. R., & Obstfeld, M. (2009). International economics: Theory and policy. Boston: Pearson Addison-Wesley.
2. 02 2. Appleyard D., Field A. (2009) International Economics, Mcgraw-Hill, 7th ed.

Learning Outcomes

1. L01 learning the principles of international trade theory and policy
2. L02 Trade models
3. L03 Gravity model
4. L04 Trade policy in advanced countries vs developing countries
5. L05 Trade policy and monetary policy in an open economy -Free trade
6. L06 Learning important historical information
7. L07 Theoretical discussions
8. L08 Able to analyse the trade and policy diagrams
9. L09 Key terms and phrases in the international trade and economic subject
10. L10 The case studies that refelects the real and current world trade and economics

Program Outcomes

1. P01 1- To have advanced theoretical and practical knowledge supported by textbooks, application tools and other resources including current information in the field of Accounting and Finance.
2. P02 2- To be able to use advanced theoretical and practical knowledge acquired in the field of Accounting and Finance.
3. P03 3- To be able to interpret and evaluate data, identify problems, analyze and develop solutions based on research and evidence by using advanced knowledge and skills acquired in the field of Accounting and Finance.
4. P04 4- To be able to take responsibility as an individual and a team member in order to solve complex and unpredictable problems in accounting and finance applications.
5. P05 5- To be able to plan and manage activities for the development of employees under the responsibility of a project.
6. P06 6- To be able to determine the learning requirements in the field of Accounting and Finance and to direct their learning.
7. P07 7- To be able to inform people and institutions about issues related to the field of accounting and finance, and to be able to transfer their ideas and solution proposals in writing and orally.
8. P08 8- To be able to use information and communication technologies together with computer software at the European Computer Driving License Advanced Level required by the field of Accounting and Finance.
9. P09 9- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the results related to the field of accounting and finance.

Po-Lo Matrix