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International Trade

PİRİ REİS UNIVERSITY

FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES

Course Name : International Trade

Degree: Bachelor

 

Code

 

 

Year/Semester

 

Local Credits

 

ECTS Credits

 

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

UIT213

2/3 (FALL)

3

6

3

 

-

Department

International  Management and Trade

Instructors

 

Prof. Dr. S. Nazım ENGİN

Contact Information

 

e-mail: nengin@pirireis.edu.tr

Office Hours

Wednesday 14:00 – 16:00

Web page

https://www.pirireis.edu.tr/ekonomi-ve-finans-akademik-kadro

Course Type

 Compulsory

Course Language

English

Course Prerequisites

 

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

80

---

---

20

Course Description

Main topics include; The Pure Theory of International Trade, Dynamic Factors in International Trade, Economic Growth and International Trade, Economics of Scale, Imperfect Competition and International Trade.

 

Course Objectives

 

This course is concerned with the theoretical issues in international trade.

 

Course Learning Outcomes

 

By students who passed from UIT 213 successfully;

  1. Explain the motives and implications of international trade in the context of economic development
  2. Explain the effects of trade barriers
  3. Explain the instruments of commercial policy
  4. Comprehend inter-industry trade models
  5. Define the basic concepts of international economics

Instructional Methods and Techniques

The presentation of theory and the experimental techniques

Tutorial Place

Class

Co-term Condition

-

Textbook

International Economics by Dominick Salvatore, Wiley & Sons, Inc., 9th Edition, 2007.

Other References

International Economics: Theory and Policy by Paul Krugman and Maurice Obstfeld, Addison and Wesley, 8th Edition, 2008.

Homework & Projects

Students  will be required to solve managerial problems presented in textbook.

Laboratory Work

---

Computer Use

---

Other Activities

---

                   

 

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

 

 

Midterm

1

30

Quiz

 

 

Homework

1

10

Term Paper/Project

 

 

Laboratory Work

 

 

Practices

 

 

Tutorial

 

 

Seminar

 

 

Presentation

 

 

Field Study

 

 

Final Exam

1

60

TOTAL

 

100

Effects of Midterm on Grading, %

 

40

Effects of Final on Grading, %

 

60

TOTAL

 

100

 

 

Week

 

Topics

Course Outcomes

1

The importance of international trade theories

I, V

2

Some important concepts in international trade

V

3

Inter-industry trade models

III, IV

4

Intra-industry trade models

III, IV

5

Examples of inter-industry trade models

III, IV

6

Instruments of trade policy

III, V, IV

7

Trade policy implementations

II, III, IV

8

Midterm exam

 

9

Welfare implications of tariffs and quotas

I, II

10

Effective rate of protection

I, II

11

Production and export subsidies

II, III, V

12

Different types of quotas and non-tariff barriers

II

13

Importance of voluntary export restraints

II, IV

14

International trade and economic development

I

 

 Relationship between the Course and the Economics and Finance Department’s Curriculum

 

 

Program Outcomes

Level of Contribution

1

2

3

a

To be able to benefit from the basic disciplines of international business and trade (economics, business, law) and to have fundamental knowledge of these disciplines.

 

 

X

b

To be able to evaluate and interpret data, concepts and ideas in the field of international business and trade with scientific methods.

 

X

 

c

To obtain the ability to analyze international economic and trade developments, identify problems, express opinions and present solutions to problems in the organization.

 

X

 

d

To be able to comprehend the necessity of international competition and the unique business practices of different countries.

 

X

 

e

To be fully aware of the requirements of international (consumer and industrial goods) markets and be able to develop and decide strategies in finance, management, production and marketing, especially in times of crisis affecting international business environment.

 

X

 

f

To be able to foresee the processes and results of the decisions to be taken and the projects to be implemented, to take into account the cause - effect relationships and to develop a strategic approach.

 

X

 

g

To be able to focus on continuous improvement, take responsibility and be innovative in the area.

 

 

X

h

To be able to have leadership and management competencies that a manager and entrepreneur should have working at the international level.

 

X

 

i

To be able to work in teams, make horizontal and vertical communication based on professional sharing and interaction with experts in other fields, as well as having the ability to make intercultural communication.

 

 

X

j

To be able to use information and communication technologies along with the computer software at the level required by the field.

 

X

 

k

To be able to use information systems and software used in international trade operations and data analysis in addition to using computers.

 

 

X

l

To have the knowledge of at least B2 level English within the scope of European Language Portfolio Independent User and to use these qualities in verbal and written communication.

 

X

 

m

To act in accordance with social, scientific, cultural and ethical values ​​and with the consciousness of social responsibility in various fields of international trade.

 

X

 

 

         1: Small, 2: Partial, 3: Full