INTERNATIONAL TRADE BLOCKS AND AGREEMENTS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
ITR423	INTERNATIONAL TRADE BLOCKS AND AGREEMENTS	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 the underlying political and ideological reasons for the foundations of international trade blocks, analysis of management structure and activities of international trade blocks.
Contents of the Course Unit:	Contents of the course include the underlying ideological and political reasons for the foundations of international trade blocks, League of Nations and United Nations, International Monetary Fund, World Bank, World Trade Organisation, Custom Tariffs and Treaty of Commerce, International Labour Organisation, United Nations Food and Agriculture Organization, G-8 and G-24, European Union and European Central Bank, North American Free Trade Area and Latin American Free Trade Area and Central American Common Market and Asian Pacific Economic Cooperation.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Compares the reasons behind the establishment of trade organizations and the differences between them.
Explains the factors that create regional trade blocs.
Evaluates the development of regional trade blocks from past to present
Discuss the functioning of the international economic order

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	The Underlying Ideological and Political Reasons for the Foundations of International Trade Blocks	Lecture & Question and Answer & Discussion
2	Reading	League of Nations and United Nations -1	Lecture & Question and Answer & Discussion
3	Reading	League of Nations and United Nations -2	Lecture & Question and Answer & Discussion
4	Reading	International Monetary Fund	Lecture & Question and Answer & Discussion
5	Reading	World Bank	Lecture & Question and Answer & Discussion
6	Reading	World Trade Organisation	Lecture & Question and Answer & Discussion
7	Reading	Custom Tariffs and Treaty of Commerce	Lecture & Question and Answer & Discussion
8	-	MID-TERM EXAM	-
9	Reading	International Labour Organisation	Lecture & Question and Answer & Discussion
10	Reading	United Nations Food and Agriculture Organization	Lecture & Question and Answer & Discussion
11	Reading	G-8, G-24 and G-20	Lecture & Question and Answer & Discussion
12	Reading	European Union and European Central Bank	Lecture & Question and Answer & Discussion
13	Reading	North American Free Trade Area and Latin American Integration Association	Lecture & Question and Answer & Discussion
14	Reading	Asian Pacific Economic Cooperation	Lecture & Question and Answer & Discussion
15	Reading	General Revision	Lecture & Question and Answer & Discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Hurd, I. (2014). International Organizations: Politics, Law, Practice. Cambridge University Press.
World Trade Organization (2018). Regional Trade Agreements and the Multilateral Trading System. Rohini Acharya (Edt.). Cambridge, United Kingdom: Cambridge University Press.
A. Üzümcü (2023). Uluslararası Ticari ve Ekonomik Örgütler, Ankara, Nobel Akademik Yayıncılık.
World Bank (2000).Trade Blocs.New York, United States: Oxford University Press Inc.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

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