Faculty of Business and Management Sciences · Islamic Economics and Finance · Undergraduate
Course Objective
This course provides a multidimensional introduction to international trade policy. Its purpose is to provide students with an understanding of international trade economics, rules, politics and institutions, and the major policy issues and challenges facing the global trading system.
Course Content
The course begins with an exploration of the rationales for free trade & protection, the distributional consequences of trade, the impact of trade on employment and growth and the challenges presented by deeper international economic integration. The course then considers the World Trade Organization (WTO). It explores negotiation mechanisms and principles, the rules relating to market access, services, agriculture, trade-related intellectual property (TRIPs), fair trade, safeguards and the system for dispute settlement and retaliation. The final section considers major issues facing the trading system.
Required Resources
Krugman, Paul R., Maurice Obstfeld ve Marc Melitz. Uluslararası İktisat: Teori ve Politika. Çev. Mehmet Sarıoğlu. İstanbul: Beta Yayınları, 2019.
Seyidoğlu, Halil. Uluslararası İktisat: Teori, Politika ve Uygulama. 21. Baskı. İstanbul: Beta Yayınları, 2021.
Recommended Resources
Salvatore, Dominick. International Economics: Trade and Finance. 13th ed. Hoboken: Wiley, 2020.
Rules
In accordance with the rules of YÖK, there is a 70% attendance requirement. For the spring semester, this number is equal to 10 weeks. Students who do not attend the course for 10 weeks will not be able to attend the midterm or final exams.
Course Learning Outcomes
- Students will be able to explain the fundamental concepts and theories of international trade policies.
- Students will be able to analyze the impact of trade policies on economic growth, employment, and welfare.
- Students will be able to evaluate international trade agreements and the role of global organizations such as the World Trade Organization.
- Students will be able to understand how trade policies are formulated and implemented at both national and global levels.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 14 | 4 | 56 |
| Midterm | 1 | 8 | 8 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 8 | 8 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Basic Concepts in International Trade | Seyidoğlu ( ilgili kısımların okunması) |
| 2 | Foreign Economic Policies | Seyidoğlu ( ilgili kısımların okunması) |
| 3 | Continuation | Seyidoğlu ( ilgili kısımların okunması) |
| 4 | Foreign trade theories, and Foreign Trade Policies | Seyidoğlu ( ilgili kısımların okunması) |
| 5 | Continuation | Seyidoğlu ( ilgili kısımların okunması) |
| 6 | Non-Tariff Trade Policy Tools | Seyidoğlu ( ilgili kısımların okunması) |
| 7 | Foreign Trade Policy - Special Customs Regimes | Seyidoğlu ( ilgili kısımların okunması) |
| 8 | Ara Sınav | Ara Sınav |
| 9 | Protectionism as a Foreign Trade Policy | Seyidoğlu ( ilgili kısımların okunması) |
| 10 | Foreign Trade and Economic Growth | Seyidoğlu ( ilgili kısımların okunması) |
| 11 | The Relationship Between Foreign Trade Policies and Economic Development | Seyidoğlu ( ilgili kısımların okunması) |
| 12 | Balance of Payments | Seyidoğlu ( ilgili kısımların okunması) |
| 13 | Delivery and Payment Methods in Foreign Trade | Seyidoğlu ( ilgili kısımların okunması) |
| 14 | International Organizations in Foreign Trade | Seyidoğlu ( ilgili kısımların okunması) |
| 15 | Review | Seyidoğlu ( ilgili kısımların okunması) |
| 16 | Final Sınavı | Final Sınavı |