Information Package / Course Catalogue
World Economy
Course Code: İKT252
Course Type: Required
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

To present a comprehensive, up-to date, and clear exposition of the theory , policy and principles of international economics that are essential for understanding, evaluating and suggesting solutions to the important international economic problems and issues facing the world.

Course Content

The overwiew of international trade theories like The Ricardian Model ,The Heckscher-Ohlin Model ,The Ricardo-Viner (Specific Factors) Model ,Scale Economies and Imperfect Competition and the international trade policy and its instruments.

Name of Lecturer(s)
Assoc. Prof. Kıymet YAVUZASLAN
Res. Assist. Elyasa AKSOY
Learning Outcomes
1.To understand basic concepts and theories of International Trade
2.To be able to use the insights of economic theories to analyze international economic issues of today
3.To explain the role of economic agents in the economy
4.To have a good understanding of the fundamental of global economics
5. To be able to assess the causes and consequences of the global financial crisis.
Recommended or Required Reading
1.Husted, S. and Melvin, M. (2010), ” International Economics”, Eight Edition, Addison Wesley , Pearson Education Inc
2.Krugman, P. R. and Obstfeld, M. (2009) " International Economics, Theory and Policy" 8th Edition, Addison Wesley, Pearson Education Inc
Weekly Detailed Course Contents
Week 1 - Theoretical
Studying the History of the World Economy
Week 2 - Theoretical
Economy in Prehistoric Times
Week 3 - Theoretical
Economic Organization in the Ancient World
Week 4 - Theoretical
Greek, Roman, and Islamic Economics
Week 5 - Theoretical
Geographical Exploration, Expansion, Empires - Western colonialism
Week 6 - Theoretical
Industrial Revolution
Week 7 - Theoretical
Industrial Revolution
Week 8 - Theoretical
Capital Accumulation in Europe and World
Week 9 - Theoretical
Socialism
Week 10 - Theoretical
Crisis Of 1970's
Week 11 - Theoretical
II. Petrol Shock And Monetarism
Week 12 - Theoretical
Bretton Woods Conference; IMF, World Bank
Week 13 - Theoretical
Stabilization Policies
Week 14 - Theoretical
Structural Adaptation Programme
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work63230
Midterm Examination1819
Final Examination115116
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
OÇ-1
4
3
4
3
4
3
4
OÇ-2
3
3
3
3
3
3
3
OÇ-3
4
3
4
3
4
4
4
OÇ-4
3
3
3
3
3
3
3
OÇ-5
4
3
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026