To be able to observe various policy instruments and their effects.
20
Contribution of the Course to Professional Development
21
Learning Outcomes:
1
To learn the purpose and reasons of implementation of foreign trade policies.;
2
To recognize the instruments of international economy policy. ;
3
To be able to observe the effects of policies with a comperative view.;
4
To recognize policies such as strategic trade policy, export promotion and various incentive policies.;
5
To be able to analyse the effects of strategic trade and promotion policies.;
6
To be able to analyse the effects of promotion and protection policies on trade and growth.;
7
To learn the exchange rate definitions;
8
To learn the relation between international capital flows and Exchange rate changes.;
9
To analyse the political economy of trade policy.;
10
To learn the Balance of Payments(Bop) and theories concerning BoP .;
22
Course Content:
Week
Theoretical
Practical
1
Aims and instruments
2
Direct policy instruments:Tariffs
3
Protection policy:effective protection, optimum rate of protection and retaliation
4
Quotas and efficiency in protection
5
Promotion policies
6
Promotion policy, general equilibrium analysis and unfair competition
7
Strategic trade policy
8
Strategic trade policy II
9
Political economy of trade policy
10
Exchange rates and Exchange rate policies
11
Exchange rate formation in spot and futures markets
12
Currency systems, Gresham Law, Thiers Law
13
Balance of Payment Analysis
14
Balance of Payments: internal and external equilibrium
23
Textbooks, References and/or Other Materials:
Prof.Dr.Emin Ertürk, Uluslararası İktisat, Bursa: 2010 Prof.Dr.Emin Ertürk, Uluslararası İktisadi Birleşmeler, Bursa: 2002 Prof.Dr.Emin Ertürk, Döviz Ekonomisi, İstanbul: 1994 Prof. Dr. Erol İyibozkurt, Uluslararası İktisat, Ezgi Kitabevi,Bursa,1995 Paul Krugman, International Economics(9th Ed.),Prentice Hall,2011 R.J. Carbaugh, International Economics, South-Western Collage Publications,2010
24
Assesment
TERM LEARNING ACTIVITIES
NUMBER
PERCENT
Midterm Exam
1
40
Quiz
0
0
Homeworks, Performances
0
0
Final Exam
1
60
Total
2
100
Contribution of Term (Year) Learning Activities to Success Grade
40
Contribution of Final Exam to Success Grade
60
Total
100
Measurement and Evaluation Techniques Used in the Course
Information
25
ECTS / WORK LOAD TABLE
Activites
NUMBER
TIME [Hour]
Total WorkLoad [Hour]
Theoretical
14
3
42
Practicals/Labs
0
0
0
Self Study and Preparation
14
4
56
Homeworks, Performances
0
0
0
Projects
0
0
0
Field Studies
0
0
0
Midtermexams
1
24
24
Others
2
5
10
Final Exams
1
24
24
Total WorkLoad
156
Total workload/ 30 hr
5,2
ECTS Credit of the Course
5
26
CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS