INTERNATIONAL ECONOMICS
- Course
- BUSN423 - INTERNATIONAL ECONOMICS
- Department
- Business Administration - English - Undergraduate
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 5
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- -
- Prerequisite
- -
- Keywords
Course Description
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INTERNATIONAL ECONOMICS
Evaluation Tools (Active Term)
No evaluation items have been defined.
Course outcomes
- 01 learning the principles of international trade theory and policy
- 02 Trade models
- 03 Gravity model
- 04 Trade policy in advanced countries vs developing countries
- 05 Trade policy and monetary policy in an open economy -Free trade
- 06 Learning important historical information
- 07 Theoretical discussions
- 08 Able to analyse the trade and policy diagrams
- 09 Key terms and phrases in the international trade and economic subject
- 10 The case studies that refelects the real and current world trade and economics
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | INTRODUCTION |
| Week 2 | Introduction of International Trade |
| Week 3 | World Trade:Overview |
| Week 4 | Labor Productivity and Comparative Advantage: The Ricardian Model |
| Week 5 | The Ricardian Model |
| Week 6 | The Ricardian Model |
| Week 7 | MIDTERM |
| Week 8 | MIDTERM |
| Week 9 | Specific factors and Income Distribution |
| Week 10 | The Standard Trade Model |
| Week 11 | The Instruments of Trade Policy |
| Week 12 | The Instruments of Trade Policy |
| Week 13 | Trade Policy in Developing Countries |
| Week 14 | Trade Policy in Developing Countries |
| Week 15 | Revision |
Reference Books & Course Materials
- 01 1. Krugman, P. R., & Obstfeld, M. (2009). International economics: Theory and policy. Boston: Pearson Addison-Wesley.
- 02 2. Appleyard D., Field A. (2009) International Economics, Mcgraw-Hill, 7th ed.
Learning Outcomes
- L01 learning the principles of international trade theory and policy
- L02 Trade models
- L03 Gravity model
- L04 Trade policy in advanced countries vs developing countries
- L05 Trade policy and monetary policy in an open economy -Free trade
- L06 Learning important historical information
- L07 Theoretical discussions
- L08 Able to analyse the trade and policy diagrams
- L09 Key terms and phrases in the international trade and economic subject
- L10 The case studies that refelects the real and current world trade and economics
Program Outcomes
- P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
- P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
- P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
- P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
- P05 5. Utilized and managed ethically information technologies required for contemporary business world.
- P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
- P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
- P08 8. Applied their acquired knowledge within the changing work environment.
- P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | Average |
|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - |
| L05 | - | - | - | - | - | - | - | - | - | - |
| L06 | - | - | - | - | - | - | - | - | - | - |
| L07 | - | - | - | - | - | - | - | - | - | - |
| L08 | - | - | - | - | - | - | - | - | - | - |
| L09 | - | - | - | - | - | - | - | - | - | - |
| L10 | - | - | - | - | - | - | - | - | - | - |