Faculty of Business and Management Sciences · Islamic Economics and Finance (English) · Undergraduate
Course Objective
.In the first stage of the course, why the nations trade with each other and what kind of benefit from this trade will be discussed with various approaches in international trade theory. Later, Turkey's foreign trade in the founding of the Republic of Turkey to date, the phases will be discussed.
Give a brief idea of the Turkiye, its potential, strenghts and weaknesses taking into consideration of global issues and countries by understanding historical, economical, commercial, political, geographical, socialand religious past and actual developments, disputes and cooperation between countries, try to make future predictions and recommend policies based on these assumptions
Course Content
..In the first stage of the course, why the nations trade with each other and what kind of benefit from this trade will be discussed with various approaches in international trade theory. Later, Turkey's foreign trade in the founding of the Republic of Turkey to date, the phases will be discussed.
History Of World Politics And Economy, World Economy By Countries, Wars Shaping The World, Current Conflicts And Areas Of Cooperation, Religion Affecting The World, Competition And Foreign Trade Theories, International Organizations, Unions, World Foreign Trade, Developing Africa, Turkish Economy And Foreign Trade, Turkish Economy By Sectors
Required Resources
Seyidoğlu, Halil. Uluslararası İktisat: Teori, Politika ve Uygulama. 21. Baskı. İstanbul: Beta Yayınları, 2021.
Kazgan, Gülten. Küreselleşme ve Uluslararası Ekonomi Politikası: Türkiye’nin Dış Ticaret Serüveni. İstanbul: Remzi Kitabevi, 2018.
Recommended Resources
Krugman, Paul R., Maurice Obstfeld, and Marc Melitz. International Economics: Theory and Policy. 11th ed. Pearson, 2018.
Course Learning Outcomes
- To gain comprehensive knowledge about the structure of Turkish export and import and its history
- To give analytical thinking perspective
- have general information on the past and actual world developments, reasons behind it, expectations for the future
- Understanding Turkiye, its foreign trade and sectors
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 | 3 | 42 |
| Midterm | 1 | 10 | 10 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 20 | 20 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Globalisation and Balance and Payment Problems | Reading from the Related Section |
| 2 | International Trade Theories I | Reading from the Related Section |
| 3 | International Trade Theories II | Reading from the Related Section |
| 4 | Hechscher-Olin Model and Leontief Paradox | Reading from the Related Section |
| 5 | Intra-Industry Trade and Scale Economies | Reading from the Related Section |
| 6 | Protectionism: Tariffs and Quotas | Reading from the Related Section |
| 7 | Early years of Turkish Republic within the framework of protectionism | Reading from the Related Section |
| 8 | Midterm | Midterm |
| 9 | Economic Growth and International Trade: Developing Countries | Reading from the Related Section |
| 10 | Institutions from Ottoman Empire to Turkish Republic: 19. Century and Import Substitution Industrialisation | Reading from the Related Section |
| 11 | After World War II and Democratic Party Era | Reading from the Related Section |
| 12 | 1980s and Neo liberal Policies | Reading from the Related Section |
| 13 | AK Party Years | Reading from the Related Section |
| 14 | AK parti years- foreign trade II | Reading from the Related Section |
| 15 | Overview | Reading from the Related Section |
| 16 | Final Exam | Final Exam |