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İEF 609 - International Economics

Graduate Education Institute · Islamic Economics and Finance · Doctorate

ECTS: 6 T+P+L: 3+0+0 Departmental Elective
Coordinator:

Course Objective

This course focuses on international trade in goods, services, and capital. We will analyze the causes and consequences of international trade and investment. We will investigate why nations trade, what they trade, and who gains (or loses) from this trade. We will then analyze the motives for countries or organizations to restrict or regulate international trade and study the effects of such policies on economic welfare.

Course Content

The issues discussed will include the effects of trade on economic growth and wage inequality, analysis of protectionism, strategic trade barriers, the trade deficit, multinationals and foreign direct investment, international trade agreements and current trade policy disputes. 

Course Learning Outcomes

  1. 2.Uluslararası ticaret teorisinde kullanılan temel kavramları tanıyacaktır.
  2. 1.Uluslararası iktisat, uluslararası ticaret, uluslararası ticaret politikası kavramlarını öğrenmiş olacaktır
  3. Uluslararası İktisat ile Makro İktisat ve Para Teorisi arasındaki bağlantılarını analiz etmek
  4. Uluslararası İktisat politikalarını ve bunların ekonomiye etkilerini anlayabilmek
  5. Uluslararası İktisat’ın temel teorik yapısını öğrenmek

Core Area Distribution

(22) Humanities%100

Teaching Methods

ExpressionQuestion-AnswerDiscussionProblem Solving

Assessment & Evaluation

HomeworkOral ExamTesting (Essay / Tests: True-Falls, multiple-choice, short answer, matching)

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)16348
Out of Class Study Period16348
Midterm11010
Quiz000
Assignment11010
Practice000
Final12020

Course Schedule

WeekSubjectPreparation
1IntroductionChapter 1
2World Trade: An OverviewChapter 2
3Labor Productivity and Comparative Advantage: The Ricardian ModelChapter 3
4Specific Factors and Income DistributionChapter 4
5Resources and Trade: The Heckscher-Ohlin ModelChapter 5
6The Standard Trade ModelChapter 6
7External Economies of Scale and the International Location of ProductionChapter 7
8Ara SınavChapters 1-7
9Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational EnterprisesChapter 8
10The Instruments of Trade PolicyChapter 9
11The Political Economy of Trade PolicyChapter 10
12Trade Policy in Developing CountriesChapter 11
13Controversies in Trade PolicyChapter 12
14Student PresentationsReports
15ReviewChapters 8-12
16Final ExamChapters 8-12