Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
5ECO227International Economics3+0+03405.02.2025
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program Political Science and International Relations
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course a) to provide an overview of classical, neoclassical and modern theories of international trade, (b) focus on links between economic theory and current events and policy issues in the area of international trade, and (c) introduce course participants to theoretical frameworks for an assessment of trade and welfare effects of protectionist policies
Course Content This is introductory course in international economic theory.. The basic content of the course includes (1) an overview of the means of conducting international financial system. , with an emphasis on what makes international different from domestic; (2) the effects of the social systems within countries on the conduct of international trade.; (3) the major theories explaining international business transactions and the institutions influencing those activities; (4) international activities that fall largely within functional disciplines
Course Methods and Techniques In-class participation
Quiz
Midterm:Essay/written
Final:Essay/written
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Prof.Dr. Elma Savtrovic elma.satrovic@hku.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Hill, Charles W; Wee, Chow-How; Udayasankar, Krishna. International Business: An Asian Perspective. McGraw-Hill. 2012.

Course Category
Field %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 20
Quizzes 4 % 40
Final examination 1 % 40
Total
6
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 11 3 33
Assignments 4 20 80
Mid-terms 1 4 4
Final examination 1 3 3
Total Work Load   Number of ECTS Credits 4 120

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Uluslararası ekonominin temel kavramları hakkında temel kavramsal bilgiye sahip olmak
2 Alanın teorik modellerinde nedensel ilişkiler hakkında sağlam bir anlayış geliştirin
3 Alanıyla ilgili verilerdeki temel teorik ilişkileri takip edebilir, analiz edebilir ve yorumlayabilir
4 İleri eğitimde, yaşam boyu olayların analizinde ve karar vermede öğrenilen bilgileri kullanma ve uygulama kapasitesini geliştirin.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction and Course Overview In class participation
2 International Economy and Globalization: Introduction (interdependence and competitiveness) Quiz
3 Mercantilism Supply-side models: absolute vs. comparative advantage; trading under constant and increasing cost conditions Quiz
4 Extensions of the Ricardian Model Immobile Resources Diminishing Returns Dynamic Effects of Economic Growth Samuelson Critique Class participation
5 Hecksher –Ohlin Theory Leontief Paradox In class participation
6 Product Life -Cyle theory Midterm
7 Review For Mid Term Exam In class participation
8 Mid Term Exam Mid Term Exam
9 New Trade Theory Economies of Scale, First Mover Advantages and the Pattern of Trade Implication of New Trade Theory In class participation
10 Global Production, Outsourcing and Logistics In class participation
11 Global Production, Outsourcing and Logistics Quiz
12 Financial Management in International Business
13 Review for Final Exam Final Exam

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10
C1 5 3 4 2 2 4 3 1 2 4
C2 4 3 4 2 2 4 3 2 2 4
C3 3 3 5 3 3 4 4 2 2 4
C4 2 4 4 4 5 5 5 3 2 4

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant