Information Package / Course Catalogue
International Economics
Course Code: EKO521
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The primary aim of this course is to shed light on financial aspects of international economic relations. Financial liberalization both at the national and international level signified the last phase of globalization. In this course, both financial liberalization and the strategies of various actors embedded in this process will be analyzed in the light of recent theories.

Course Content

This course introduces the students to the basics of the international monetary theory. It analyzes the relationships between economic indicators and international transactions from a macroeconomic perspective. This course is built on three main topics. First part consists of the basics of international monetary economics; in the second part emphasis will be on macroeconomic policies in an open economy framework; and international monetary agreements will be analyzed in the last part of the course. Other topics include balance of payments, foreign exchange markets, international financial markets and instruments, fixed and flexible exchange rate regimes, and international monetary systems.

Name of Lecturer(s)
Assoc. Prof. Aslı YENİPAZARLI
Learning Outcomes
1.Knowledge about the benefits of international trade
2.Possible to see the absolute and comparative advantages of countries
3.Learns the new theoretical approaches that try to explain foreign trade in today's world economy and compare them with traditional theories
4.Analyze how foreign trade will be realized under incomplete competition conditions
5.Understands the reasons for the integration of countries into economic integration and define the benefits and costs of integration
Recommended or Required Reading
1.SEYİDOGLU, H. (2007), Uluslararası İktisat, 13. Baskı, Güzem Yay., İstanbul
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction and Basic Concepts
Week 2 - Theoretical
Introduction and Basic Concepts
Week 3 - Theoretical
A historical perspective views of the foreign trade
Week 4 - Theoretical
Classical theories of international trade
Week 5 - Theoretical
Neo-classical theories of foreign trade
Week 6 - Theoretical
Neo-classical theories of foreign trade
Week 7 - Intermediate Exam
Revision of Midterm Exams
Week 8 - Intermediate Exam
Midterm Exams
Week 9 - Theoretical
Neo-classical theories of foreign trade
Week 11 - Theoretical
Turkey's Foreign Trade Structure and Competitiveness, Strategic Trade Theory
Week 12 - Theoretical
Foreign Trade, Imperfect Competition: Dumping and Cartel
Week 13 - Theoretical
Transportation Costs and International Trade
Week 14 - Theoretical
Growth and Foreign Trade
Week 15 - Final Exam
Final Exams
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory153390
Midterm Examination110212
Final Examination120222
TOTAL WORKLOAD (hours)124
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
PÇ-10
PÇ-11
PÇ-12
PÇ-13
OÇ-1
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-2
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-3
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-4
4
4
4
4
4
4
4
4
4
4
4
4
4
OÇ-5
4
4
4
4
4
4
4
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue