Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
International Economics II ECON402 Turkish Compulsory 8. Semester 3 + 0 3.0 5.0
Prerequisite Courses
Course Level Undergraduate
Mode of delivery In person
Course Coordinator
Instructor(s)
Goals The International Economics II course aims to analyze the international dimension of economics from a real perspective. It covers theories explaining why countries engage in trade, objectives and instruments of trade policy, tariffs and non-tariff barriers, trade liberalization, globalization, and economic integrations. Additionally, topics such as the structure of the European Union and other economic groupings, Turkey-EU relations, and Turkey’s balance of payments are examined in detail.
Course Content The content of the International Economics II course includes trade theories, trade policies, globalization, economic integrations, Turkey-EU relations, and Turkey’s balance of payments.
Learning Outcomes
# Öğrenme Kazanımı
1 Students can explain the operating logic of the balance of payments accounts.
2 Students can compare exchange rate systems by considering the factors that determine the exchange rate.
3 Students can predict how the developments in the economies of different countries may affect the national economy through which channels.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week International Trade Policy Preparation, After Class Study, Interview
2. Week Protectionism in Foreign Trade and Foreign Trade Policy Instruments - Tariffs Research, Interview
3. Week On What Basis Are Tariffs Imposed? Economic Effects of Tariffs, Terms of Trade, and Optimal Tariff Preparation, After Class Study, Interview
4. Week The Issue of Tariff Incidence, Effective Protection, Tariffs in Turkiye, and Special Foreign Trade Regimes Preparation, After Class Study, Interview
5. Week No Tariff Measures in Foreign Trade Intervention - Quantity Restrictions Preparation, After Class Study, Interview
6. Week Non-Tariff Measures in Foreign Trade Intervention - New Protectionism Trend and Intervention through Subsidies and Countervailing Duties Preparation, After Class Study, Interview
7. Week Non-Tariff Measures in Foreign Trade Intervention - Monopolies and Cartels Preparation, After Class Study, Interview
8. Week Trade Liberalization: Globalization, GATT, and the World Trade Organization Preparation, After Class Study, Interview
9. Week MIDTERM EXAM
10. Week Regional Approach - Economic Unions, Economic Integration Preparation, After Class Study, Interview
11. Week Regional Approach - Economic Union, "Second Best" Theory, Polarization Theory, Economic Integration Theory, and Developing Countries Preparation, After Class Study, Interview
12. Week European Union Preparation, After Class Study, Interview
13. Week Turkiye-EU Relations and Customs Union Preparation, After Class Study, Interview
14. Week Economic Groupings Outside the EU Preparation, After Class Study, Interview
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
The Matrix for Course & Program Learning Outcomes
No Program Requirements Level of Contribution
1 2 3 4 5
1 Know the basic concepts of economics at an advanced level; can abstract the economic decision-making units in households, firms, government agencies, and predict the results of their decision-making mechanisms in different market and competition conditions.
2 Understand the objectives of economies such as growth, employment, productivity, sustainability; may propose solutions to problems such as unemployment, contraction, inflation, high interest rates and similar problems.
3 Capable to make sense of the international interactions of national economies with an international economic perspective.
4 Have knowledge about the historical development of the world economy and its current structure, understand the working process of different economic systems.
5 Can combine economic theory with mathematical, statistical and econometric skills to analyze concrete situations; are experienced in economic data collection and analysis methods by utilyzing technology.
6 Analyze the different sectors of the economy such as agriculture, industry and services through the Production Factors such as Labor, Capital, Natural Resource, Information and Entrepreneurship and evaluate the country economies.
7 Know the current status, historical background, the strengths and weaknesses of Turkish economy in macro and micro scale; can propose solutions, make theoretical and applied studies in this direction as individuals and teams.
8 Know the relations of economics as a social science with other sciences especially with politics, business administration, law, history, mathematics and engineering; reflect the theoretical knowledge in practice and have collaborative working culture.
9 Have the consciousness of lifelong learning, use the education to keep knowledge updated and contribute to the business life.
10 Have the cultural consciousness, know their own history, develop awareness of working with different cultures, respect individual, social and cultural rights.
11 Behave in accordance with ethical values in their works, have the ability of questioning, free thinking with no prejudices.
12 Have the consciousness of fulfilling the given tasks at the right time. In this process, utilize in maximum written, visual, audio sources and information-communication technologies.
13 Have the experience and ability to explain what they learn in written, oral and visual manner.
14 Use the Turkish and English language properly and effectively, and pursue professional readings in double language.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1 DK2 DK3
PY1 5 5 5
PY2 5 5 5
PY3 5 5 5
PY4 5 5 5
PY5 2 2 2
PY6 3 3 3
PY7 5 5 5
PY8 3 3 3
PY9 3 3 3
PY10 2 2 2
PY11 1 1 1
PY12 2 2 2
PY13 1 1 1
PY14 1 1 1
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Uluslararası iktisat : teori, politika ve uygulama / Seyidoğlu, Halil
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Ders İçi
Class Hours 14 3 42
Ders Dışı
Preparation, After Class Study 13 1 13
Research 13 1 13
Interview 14 3 42
Sınavlar
Midterm 1 1 1
Final 1 1.5 1.5
Classroom Activities 15 1 15
Total Workload 127.5
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 5.0