Information Package / Course Catalogue
Global System and Modern Foreign Trade
Course Code: BFN571
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

To understand to globalizing world in a better way in terms of economy. To give information about recently discovered foreign trade theories.

Course Content

Classical, Neo-Classical and modern theories of international trade, trade policies and economy policies, global trade regulations, tariffs, international factor movements in terms of trade and income.

Name of Lecturer(s)
Learning Outcomes
1.To be describe the differences between organization structure and control systems of international and global businesses
2.To be demonstrate their knowledge about Environment analysis, new business ideas and business esatblishment for enterpreneurs
3.To bedemonstrate their understanding about cross-cultural negotiation and decision making
4. To show how globalization influenced new social movements, identities, and culture
5. To show how network societies developed with the globalization: problems and advantages
Recommended or Required Reading
1.Warren J. Keegan and Mark S. Green (2011), Global Marketing, Sixth Edition, New Jersey: Prentice Hall
2.Grant, R.M. (2005) Contemporary Strategy Analysis, 5th ed., Blackwell Publishing
Weekly Detailed Course Contents
Week 1 - Theoretical
International Trade and Economic Thought, Absolute and Comparative Advantages Theory and applications of today´s foreign trade
Week 2 - Theoretical
Cost of Production Relations and Foreign Trade, Factor Endowment Theory
Week 3 - Theoretical
Supply and Demand Models
Week 4 - Theoretical
Theories of New International Trade, The Theory of Monopolistic Trade, International Economies of Scale
Week 5 - Theoretical
Factor Intensity, Technological Progress, International Trade and Economic Growth Analysis
Week 6 - Theoretical
International Trade Policy and Instruments, Tariffs Customs and Non-tariff Trade Policy instruments
Week 7 - Theoretical
Liberalization of World Trade and Global Trade, Theories of Economic Integration
Week 8 - Intermediate Exam
Mid term exam
Week 9 - Theoretical
International Trade and Economic Development
Week 10 - Theoretical
Foreign Exchange Market Analysis and International Exchange and Monetary Systems, Forward Exchange Markets and Interest Rate Arbitrage
Week 11 - Theoretical
Theories For The Variations In The Exchange Rate, Balance of Payment Sheet Analysis
Week 12 - Theoretical
External Balance of Payments and Equalization
Week 13 - Theoretical
Macroeconomic Policies In Open Economies: The Existence of Internal and External Economic Equilibrium
Week 14 - Theoretical
Foreign Direct Investment and MNCs, International Technology Transfer, International Services Trade, and International Labor (factor) Flows
Week 15 - Theoretical
General Assesment
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work72228
Midterm Examination110111
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
PÇ-8
PÇ-9
OÇ-1
4
4
4
4
4
4
4
4
4
OÇ-2
4
4
4
5
5
5
4
4
4
OÇ-3
3
3
3
5
4
4
4
5
5
OÇ-4
4
4
4
5
5
3
3
4
5
OÇ-5
3
3
3
5
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue