Information Package / Course Catalogue
Foreign Trade and Economic Growth
Course Code: EKO606
Course Type: Area Elective
Couse Group: Third Cycle (Doctorate Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

give information about the reasons for foreign trade and theories that regulates international economic relations, by examining the international dimension of the economic relations.

Course Content

international trade theories, Factor Endowment Theory, The Analysis of Foreign Trade balance and The Analysis between realtionship Foreign Trade and Economic Growth

Name of Lecturer(s)
Learning Outcomes
1.To understand the causes of international trade
2.To demonstrate theoretical substructure of international trade
3.To assess macroeconomic international relations
4.Can make an interdisiplinary connection over the course subjects
5.Can make an analysis about subjects and can comment on economy
Recommended or Required Reading
1.KenanÇelik,Uluslararasıİktisat, 5.Baskı,2012. -Halil Seyidoğlu, Uluslararasıİktisat, Teori,PolitikaveUygulama, 17.Baskı, 2009.
Weekly Detailed Course Contents
Week 1 - Theoretical
Analysis of international trade theory
Week 2 - Theoretical
Opportunity Costs and Foreign Trade, Transformation Curves, Fixed Costs and Foreign Trade, Increasing Costs and Foreign Trade, Diminishing Costs and Foreign Trade,
Week 3 - Theoretical
Models of Supply and Demand, Terms of Trade, Law of Reciprocal Demand, Offer Curves, Useful of Offer Curves, Shifts of Offer Curves
Week 4 - Theoretical
Social Indifference Curves, Closed Economy Equilibrium, Open Economy Equilibrium, Benefits of International Trade.
Week 5 - Theoretical
Foreign trade theory and economic growth analysis
Week 6 - Theoretical
Economic development and foreign trade
Week 7 - Theoretical
Analyses of Economic Growth and International Trade, Increases in Factor Supply and International Trade, The Rybczynski Theorem, Technological Development, Unbiased Technological Development, Labor-Saving Technological Progress, Capital-Saving Technological Progress, Immiserizing Growth, Terms of Trade and Less Developed Countries, Economic Development and Comparative Advantages
Week 8 - Theoretical
Analyses of Economic Growth and International Trade, Increases in Factor Supply and International Trade, The Rybczynski Theorem, Technological Development, Unbiased Technological Development, Labor-Saving Technological Progress, Capital-Saving Technological Progress, Immiserizing Growth, Terms of Trade and Less Developed Countries, Economic Development and Comparative Advantages
Week 9 - Theoretical
Policies of Foreign Trade, Objectives of Foreign Trade Policy, Instruments of Foreign Trade Policy, Historical Foreign Trade Policies.
Week 10 - Theoretical
Protectionism in Foreign Trade, Causes of Protectionism, National Security, Infant Industry Argument, Strategic Trade Policy, Protectionism against Damping, Improvement of Balance of Payment Deficits, Decreasing Unemployment, Improvement of Terms of Trade, Arguments Based on Personal Interest
Week 11 - Theoretical
Tariffs, Economic Effects of Tariffs, Economic Effects According to Partial Equilibrium Analysis, Rant Effects of Tariffs, Macroeconomic Effects of Tariffs.
Week 12 - Theoretical
Terms of Trade and Optimum Tariffs, Reflection of Tariffs, Effective Protection Rates, Specific International Trade Regime, Tariffs in Turkey
Week 13 - Theoretical
Import Quotas, Import Bans, Exchange Control, System of Multiple Exchange Rate, The new protectionism Voluntary Exports Restrictions, Standards of Health, Security and Environment, Administrative Regulations.
Week 14 - Theoretical
Exports Subsidies, Variable Levy on Imports, Exports Taxes, Cartels and Monopoly of Exports.
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Midterm Examination110313
Final Examination120323
TOTAL WORKLOAD (hours)120
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
2026