Information Package / Course Catalogue
International Economics
Course Code: EF313
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The participants of this course should understand the basic concepts and be conversant with the terms of int. economicsat the end of this course

Course Content

The development of international trade and its affects to the history of economic thought. The reasons of BoP imbalances. Exchange rates markets, arbitrage, future and spot ER.

Name of Lecturer(s)
Lec. Esma Gül YETİŞ DOĞAN
Learning Outcomes
1.The imbalances of BoP the reasons and how to avoid them
2.To understand the development of international economics in historical background
3.The role of the banks in the Exchange Rate Markets
4. To be able to explain effective international trade policies
5. To learn the relationship between international trade and welfare growth
Recommended or Required Reading
1.Halil SEYİDOĞLU: “Uluslararası İktisat” Kurtiş Matbaacılık. İstanbul, 2007
2.Miltiades CHACHOLIADES: “International Economics” McGRAW-HILL, 1990
Weekly Detailed Course Contents
Week 1 - Theoretical
The development of international trade and its affects to the history of economic thought
Week 2 - Theoretical
The historical background of Turkey's international economic relations
Week 3 - Theoretical
The issues of Balance of Payments (BoP)
Week 4 - Theoretical
Exchange rate systems and the relations with international reserves
Week 5 - Theoretical
The reasons of BoP imbalances
Week 6 - Theoretical
Floating exchange rate systems
Week 7 - Theoretical
Indirect intervention in the floating ER system
Week 8 - Theoretical
Sabit kur sisteminde yerli paranın aşırı ya da eksik değerlendirilmesi. Satın alma güçleri paritesi.
Week 9 - Theoretical
Over- and undervaluation of national currency in the fix ER system. Purschasing Pover Paritiy
Week 10 - Theoretical
Nominal and real exchange rates Efective buying and selling. The role of banks in ER markets
Week 11 - Theoretical
Exchange rates markets, arbitrage, future and spot ER.
Week 12 - Theoretical
Swaps-Futures- and Options
Week 13 - Theoretical
Hedging
Week 14 - Theoretical
Convertibility and international luquidity problem. Bretton Woods, IMF and SDR's
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work101230
Midterm Examination110111
Final Examination113114
TOTAL WORKLOAD (hours)125
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
OÇ-1
4
5
4
4
4
4
5
5
5
OÇ-2
5
5
5
5
5
5
5
4
5
OÇ-3
5
5
5
5
5
3
3
4
5
OÇ-4
4
4
4
4
3
4
5
5
5
OÇ-5
5
3
5
4
5
3
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026