This course, in addition to the classical and neoclassical foreign trade models taught in the international economic theory and international economic policy courses taught in the fifth and sixth semesters of economics education, and in support of them, teaches the modern foreign trade theories created due to the need arising from globalization and integration in international trade after the Second World War. Thus, it aims to teach the interpretation of the cause-effect related basis of today's foreign trade practices.

This course examines the development of modern foreign trade theories in international economic theory. After reminding the Classical and Neoclassical foreign trade models, the transition to modern foreign trade models, foreign trade models shaped by the increasing importance of factors such as technology and human capital in economic growth, and new approaches will be discussed within the scope of the course. In summary, the topics that will be discussed are as follows: Technological gap and product circuits hypothesis, economies of scale, monopolistic competition and multinational companies, methods for measuring competition, etc.