ANTALYA BİLİM
UNIVERSITY
Course Information Package
| Code | Description |
|---|---|
| LO1 | Explain the main instruments of trade policy and analyze their effects on consumers, producers, and national welfare. |
| LO2 | Analyze the functioning of exchange rates and foreign exchange markets, and compare alternative exchange rate systems. |
| LO3 | Evaluate trade policies in developing countries and assess their implications for economic development. |
| LO4 | Examine the evolution of the international monetary system and analyze the macroeconomic effects of global financial crises. |
| LO5 | Assess the processes of financial globalization, optimum currency areas, and the functioning of the Euro within the international economy. |
| Week | Content |
|---|---|
| 1 | Introduction to International Economics, Basic Concepts, and Historical Development: Overview of the scope of international economics, its main concepts, and the historical evolution of international trade and economic relations. |
| 2 | The Instruments of Trade Policy: Introduction to tariffs, quotas, subsidies, and other trade policy instruments, together with their economic effects. |
| 3 | The Political Economy of Trade Policy: Examination of the political and institutional factors that shape trade policy decisions in different countries. |
| 4 | Trade Policies in Developing Countries: Analysis of trade strategies adopted by developing countries and their implications for economic development. |
| 5 | Controversies in Trade Policy: Discussion of major debates in trade policy, including protectionism, strategic trade arguments, and distributional concerns. |
| 6 | National Income Accounting and the Balance of Payments: Introduction to national income accounting in an open economy and the structure of the balance of payments. |
| 7 | Exchange Rates and Foreign Exchange Markets: Analysis of exchange rate determination and the functioning of foreign exchange markets. |
| 8 | MIDTERM EXAM |
| 9 | Money, Interest Rates, and Exchange Rates: Examination of the relationship among monetary variables, interest rates, and exchange rates in an open economy. |
| 10 | Output and Exchange Rate in the Short Run: Discussion of short-run macroeconomic equilibrium and the interaction between output and exchange rates. |
| 11 | Fixed Exchange Rates and Foreign Exchange Intervention: Analysis of fixed exchange rate regimes and the role of central bank intervention in foreign exchange markets. |
| 12 | The International Monetary System: Overview of the evolution, structure, and policy issues of the international monetary system. |
| 13 | Financial Globalization: Examination of the causes, mechanisms, and consequences of increasing global financial integration. |
| 14 | Optimum Currency Areas and the Euro: Discussion of the theory of optimum currency areas and the economic implications of the Euro area. |
| 15 | he Future of International Economic Policy: Evaluation of current challenges and possible future directions in international economic policy. |
| Activity | Count | Duration (Hours) | Total |
|---|---|---|---|
| Attendance | 14 | 3.00 | 42.00 |
| Pre-Class Individual Study | 14 | 1.50 | 21.00 |
| Post-Class Individual Study | 14 | 3.00 | 42.00 |
| Midterm Exam/Preparation | 1 | 12.00 | 12.00 |
| Final Exam/Preparation | 1 | 15.00 | 15.00 |
| Quiz Preparation | 2 | 4.00 | 8.00 |
| Homework | 1 | 10.00 | 10.00 |
| Total Workload (Hours) | 150 | ||
| ECTS Credit (Workload / 25) | 5 | ||
| # | Assessment Type | Contribution (%) |
|---|---|---|
| 1 | Midterm Exam | %30 |
| 2 | Quiz | %5 |
| 3 | Quiz | %5 |
| 4 | Homework | %10 |
| 5 | Final Exam | %50 |
| TOTAL | %100 | |
| PO \ LO |
LO1
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LO2
|
LO3
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LO4
|
LO5
|
|---|---|---|---|---|---|
| PO-1 | |||||
| PO-2 | |||||
| PO-3 | |||||
| PO-4 | |||||
| PO-5 | |||||
| PO-6 | |||||
| PO-7 | |||||
| PO-8 | |||||
| PO-9 | |||||
| PO-10 | |||||
| PO-11 | |||||
| PO-12 |
| # | Method Name | Description | Tools |
|---|---|---|---|
| 1 | Lecture (expository teaching), interactive discussion | Listening and taking notes. | Standard classroom technologies, multimedia tools (projector, computer, digital presentations) |
| 2 | Controversial Course | Listening and comprehension, critical thinking | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 3 | Small Group Discussion | Listening and comprehension, processing observations/situations, critical thinking, question development | Standard classroom technologies, multimedia tools, projector, computer, overhead projector |
| 4 | Homework | Solving and analyzing homework questions using a computer and Excel. | Computer |
