Information Package / Course Catalogue - Adnan Menderes University

General Information Unit Staff Academic Information Programme Outcomes Course Structure Diagram Contact Information

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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 Assessment	Count	Percent
Midterm Examination	1	%40
Final Examination	1	%60

Workload Calculation

Activities	Count	Preparation	Time	Total Work Load (hours)
Lecture - Theory	14	2	3	70
Individual Work	7	2	2	28
Midterm Examination	1	10	1	11
Final Examination	1	15	1	16
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

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