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. ONUR ÖZDEMİR
Instructor(s) of the Course Unit	Assist.Prof. ŞÜKRAN KAHVECİ
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	Examination Method
Mid-Term Exam	1	40
Homework Assessment	1	10
Final Exam	1	50
Mid-Term Exam	1	40
Homework Assessment	1	10
Final Exam	1	50
TOTAL	6	200

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.					4
2	Recognize the entries in the book and financial balance sheet of the business organization.				3
3	Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarize historical development of the international trade theories by adhering to the chronological order.					4
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.					4
3	Solve financial and legal problems confronted in international trade practices.					4

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.				3
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.					4

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.						5

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate knowledge about economic globalization and internationalization with current knowledge in the field.						5

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.					4

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain demands in written or verbally by using the foreign language skill in business and social life effectively.					4
2	Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.					4
3	Design a healthy communication network for themselves in the business world by using social life skills.					4

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.						5
2	Develop suggestions for international trade policies by determining economic problems in the macro level.						5
3	Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market					4
4	Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.					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