Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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ITR310 | TRADE GLOBALIZATION | 6 | 3 | 3 | 8 |
GENERAL INFORMATION |
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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 : | Compulsory |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | Assoc.Prof. ONUR ÖZDEMİR |
Instructor(s) of the Course Unit | |
Course Prerequisite | No |
OBJECTIVES AND CONTENTS |
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Objectives of the Course Unit: | This course aims to introduce historical aspect of the process shaped following the articulation of countries with one another economically at the present time and positive and negative aspects of this process on countries. |
Contents of the Course Unit: | Contents of the course include start of globalization, globalization of states and markets, globalization rise, Bretton Woods, customs tariffs and commercial practices, World Trade Organisation, globalization of the capital, communication and transportation costs, growth of multinational institutions, growth in disparities after globalization and poverty, change in the structure of labour force, employment and unemployment, informal sector, syndication and social security systems and social policies. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Compare processes of trade in the 18th and 19th centuries with internationalized commercial activities at the present time with a historical and political perspective |
Explain the effects of international trade practices on periods by using a mainstream economical several financial perspectives |
List economic crises generated as a result of neoliberal policies applied after 1980 by observing regional differences |
Discuss proactive policies to be applied in current environmental problems as in “Food offer” ve “global warming” |
Examine humanitarian development indicators and commercial globalization processes as parts of applied neoliberal policies |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | Reading | Understanding Globalization | Lecture & Question and Answer & Discussion |
2 | Reading | Globalization In Historical Context | Lecture & Question and Answer & Discussion |
3 | Reading | Globalization and Economic Development | Lecture & Question and Answer & Discussion |
4 | Reading | Trade Globalization: a Type of Economic Globalization | Lecture & Question and Answer & Discussion |
5 | Reading | Theoretical Foundations of International Trade | Lecture & Question and Answer & Discussion |
6 | Reading | Globalization of Trade | Lecture & Question and Answer & Discussion |
7 | Reading | General Review | Question and Answer & Discussion |
8 | - | MID-TERM EXAM | - |
9 | Reading | Global Trade Flows | Lecture & Question and Answer & Discussion |
10 | Reading | Multilateral Trading System | Lecture & Question and Answer & Discussion |
11 | Reading | The Setting of the Contemporary Global Trade System | Lecture & Question and Answer & Discussion |
12 | Reading | The Role of TNCs and FDI | Lecture & Question and Answer & Discussion |
13 | Reading | Globalization in Transition The Future of Trade and Value Chains | Lecture & Question and Answer & Discussion |
14 | Reading | Global Trade at a Threshold | Lecture & Question and Answer & Discussion |
15 | Reading | General Revision | Question and Answer & Discussion |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Helpman, E. (2011). Understanding Global Trade. Cambridge, Mass., United States: Harvard University Press. |
Lynch, D. A. (2010). Trade and Globalization : An Introduction to Regional Trade Agreements. Lanham, MD, United States: Rowman & Littlefield. |
Nayyar, D. (2013). Trade and Globalization. New Delhi, India: OUP India. |
C. Fritz Foley, James R. Hines, David Wessel (2021). Multinational Corporations in the 21st Century Economy. Brookings Institution Press, 2021. 22 pages. |
Will Straw and Alex Glennie (2012). The Third Wave of Globalization. Report of the IPPR review on the Future of Globalisation led by Lord Mandelson. |
ASSESSMENT |
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Assessment & Grading of In-Term Activities | Number of Activities | Degree of Contribution (%) | Description |
Level of Contribution | |||||
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0 | 1 | 2 | 3 | 4 | 5 |
KNOWLEDGE |
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Theoretical |
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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.
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5 | |||||
2 |
Recognize the entries in the book and financial balance sheet of the business organization.
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3 | |||||
3 |
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
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5 |
KNOWLEDGE |
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Factual |
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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.
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4 | |||||
2 |
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
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4 | |||||
3 |
Solve financial and legal problems confronted in international trade practices.
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3 |
SKILLS |
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Cognitive |
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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.
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4 | |||||
2 |
Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.
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4 |
SKILLS |
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Practical |
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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.
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5 |
OCCUPATIONAL |
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Autonomy & Responsibility |
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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.
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5 |
OCCUPATIONAL |
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Learning to Learn |
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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.
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3 |
OCCUPATIONAL |
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Communication & Social |
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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.
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3 | |||||
2 |
Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.
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4 | |||||
3 |
Design a healthy communication network for themselves in the business world by using social life skills.
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4 |
OCCUPATIONAL |
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Occupational and/or Vocational |
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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.
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4 | |||||
2 |
Develop suggestions for international trade policies by determining economic problems in the macro level.
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5 | |||||
3 |
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
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4 | |||||
4 |
Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.
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4 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
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Workload for Learning & Teaching Activities |
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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 | 10 | 70 |
Mid-Term Exam | 1 | 1 | 1 |
Preparation for the Mid-Term Exam | 5 | 12 | 60 |
Short Exam | 0 | 0 | 0 |
Preparation for the Short Exam | 0 | 0 | 0 |
TOTAL | 41 | 0 | 200 |
Total Workload of the Course Unit | 200 | ||
Workload (h) / 25.5 | 7,8 | ||
ECTS Credits allocated for the Course Unit | 8,0 |