Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
ITR304 |
ECONOMIC INTEGRATION |
5 |
3 |
3 |
5 |
GENERAL INFORMATION |
Language of Instruction : |
English |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Elective |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assoc.Prof. BÜLENT İLHAN |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to introduce basic concepts regarding economic integration and how to examine territorialisation in several regions around the world. |
Contents of the Course Unit: |
Contents of the course include basic concepts regarding economic integration, history and theory of regional commercial treaties, territorialisation practices around the world, political economy of territorialisation in Europe, expansionist policy of European Union, political economy of territorialisation in the American continent, political economy of territorialisation in the Asian continent, political economy of territorialisation in the African continent, World Trade Organisation and mega regional commercial treaties, early liberalization efforts of developing countries, import substitution economy period of Turkey, liberalization period in Turkey and responds against economic integration practices. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
Explain the necessity of economic integration in consideration of propositions and axioms in mainstream theories. |
List trade associations as in Benelux, EFTA, AB, NAFTA, Mercosur, FTAA, ASEAN and APEC by laying emphasis on regional and political differences. |
Examine economic integration with different ideological perspectives. |
Evaluate the articulation process of Turkey to world economy by comparing it with other developing countries. |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
Reading |
Basic Concepts Regarding Economic Integration |
Lecture & Question and Answer & Discussion |
2 |
Reading |
Factors Driving Global Economic Integration |
Lecture & Question and Answer & Discussion |
3 |
Reading |
Regionalism: Trade in a World of Regions |
Lecture & Question and Answer & Discussion |
4 |
Reading |
The Theory of Economic Integration: a Review |
Lecture & Question and Answer & Discussion |
5 |
Reading |
The Effects of Economic Integration on Trade |
Lecture & Question and Answer & Discussion |
6 |
Reading |
Customs Union Theory |
Lecture & Question and Answer & Discussion |
7 |
Reading |
General Review |
Lecture & Question and Answer & Discussion |
8 |
- |
MID-TERM EXAM |
- |
9 |
Reading |
Economic integration in Europe |
Lecture & Question and Answer & Discussion |
10 |
Reading |
North and South American Economic Integration |
Lecture & Question and Answer & Discussion |
11 |
Reading |
Economic Integration in Asia: Key Prospects and Challenges |
Lecture & Question and Answer & Discussion |
12 |
Reading |
Economic Integration in Africa: A Review of Problems and Prospects |
Lecture & Question and Answer & Discussion |
13 |
Reading |
Economic Integration in Middle East and Turkey's Economic Integration |
Lecture & Question and Answer & Discussion |
14 |
Reading |
Limits of Economic Integration |
Lecture & Question and Answer & Discussion |
15 |
Reading |
General Review |
Lecture & Question and Answer & Discussion |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Carvalho, E. (2011). Economic Integration : Impacts and Alternative Responses. Saarbrucken, Germany: VDM Verlag. |
Wolczuk , K. and Dragneva, R. (2013). Eurasian Economic Integration : Law, Policy and Politics. Cheltenham, United
Kingdom: Edward Elgar Publishing Ltd. |
Khalid, A. M. and Gaston, N. (2010). Globalization and Economic Integration : Winners and Losers in the Asia-Pacific.
Cheltenham, United Kingdom: Edward Elgar Publishing Ltd. |
Grimwade, N. (2013). Theory of Economic Integration: A Review. In: Palgrave Macmillan (eds.), The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. |
De Lombaerde, P., ed. (2006). Assessment and Measurement of Regional Integration. London: Routledge. |
Fredrik Söderbaum (2015). Early, Old, New and Comparative Regionalism: The Scholarly Development of the Field. KFG Working Paper Series. No. 64 | October 2015. 27 pages. |
Bela Balassa (1961). The Theory of Economic Integration. Greenwood Press. |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Define the basic concepts of economics, administrative and human sciences. (Bloom 1)
|
|
|
|
|
|
|
2 |
Evaluate the economic environment and overall sustainability of firms. (Bloom 4)
|
|
|
|
|
|
|
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Relate principles and concepts of economics and finance with other disciplines. (Bloom 4)
|
|
|
|
|
|
|
2 |
Define principles, concepts, methods and theories related with economics and finance. (Bloom 1)
|
|
|
|
|
|
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Interpret the charts and tables related to the field. (Bloom 2)
|
|
|
|
|
|
|
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Evaluate the theoretical models of economic policies which have direct or indirect effects by using the facts and dynamics of the economic system.(Bloom 4)
|
|
|
|
|
|
|
2 |
Analyze economic and financial reports. ((bloom 4)
|
|
|
|
|
|
|
3 |
Use basic mathematics, statistics and econometric methods and tools to solve economic and financial problems. (Bloom 3)
|
|
|
|
|
|
|
4 |
Interpret the operation of current economic, political and social events by using institutional information related with Economics and Finance.(Bloom 2)
|
|
|
|
|
|
|
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Organize economic and financial activities in humanitarian and social terms with adherence to ethics. (Bloom 4).
|
|
|
|
|
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Develop a critical perspective on national and international economic, political, social, financial and development problems. (bloom 6)
|
|
|
|
|
|
|
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Follow the agenda on economics, politics and social issues and improve himself/ herself. (bloom 6)
|
|
|
|
|
|
|
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Analyze current issues and problems by using the structure and properties of Macro and Microeconomics and variables. (Bloom 4)
|
|
|
|
|
|
|
2 |
Evaluate the effectiveness of the general economic system and public policies and their effects on markets and basic economic variables.(Bloom 4)
|
|
|
|
|
|
|
3 |
Analyze the cause and effect relationships between the relevant economic variables. (Bloom 4)
|
|
|
|
|
|
|
4 |
Evaluate the expected trends and portfolio analyzes in interest and exchange rates within the framework of the general financial system. (Bloom 4)
|
|
|
|
|
|
|
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
13 |
2 |
26 |
Land Surveying |
0 |
0 |
0 |
Group Work |
0 |
0 |
0 |
Laboratory |
0 |
0 |
0 |
Reading |
0 |
0 |
0 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
7 |
5 |
35 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
5 |
4 |
20 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
41 |
0 |
125 |
|
Total Workload of the Course Unit |
125 |
|
|
Workload (h) / 25.5 |
4,9 |
|
|
ECTS Credits allocated for the Course Unit |
5,0 |
|