Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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UTI423 | INTERNATIONAL TRADE BLOCKS AND TREATIES | 5 | 3 | 3 | 5 |
GENERAL INFORMATION |
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Language of Instruction : | Turkish |
Level of the Course Unit : | , TYY: + , EQF-LLL: , QF-EHEA: |
Type of the Course : | Elective |
Mode of Delivery of the Course Unit | - |
Coordinator of the Course Unit | |
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 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) |
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Contrast between underlying reasons for the foundations of trade organizations and differences between them |
Examine factors bringing about regional trade blocking |
Assess the development of regional trade blocking from past to present |
Discuss the operation of international economic order |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
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Week | Preparatory | Topics(Subjects) | Method |
1 | - | Introduction | - |
2 | - | Description of Trading Block | - |
3 | - | Description of Trading Block | - |
4 | - | Purpose of the Trade Block | - |
5 | - | Purpose of the Trade Block | - |
6 | - | Free Trade Zones | - |
7 | - | Free Trade Zones | - |
8 | - | MID-TERM EXAM | - |
9 | - | Customs union | - |
10 | - | Customs union | - |
11 | - | World Trade Blocks | - |
12 | - | World Trade Blocks | - |
13 | - | European Economic and Monetary Union | - |
14 | - | ASEAN | - |
15 | - | General Review | - |
16 | - | FINAL EXAM | - |
17 | - | FINAL EXAM | - |
SOURCE MATERIALS & RECOMMENDED READING |
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Dagdemir, U. E. (2016). Ekonomik Entegrasyon Teorisi: Geleneksel Yaklasımdan Yeni Yaklasimlara. 1st Edition, Eskisehir: Seckin Publications. |
Seyidoglu, H. (2013). Uluslararası İktisat: Teori, Politika ve Uygulama. Enhanced 18th Edition, Istanbul: Guzem Can Publications. |
Kucukahmetoglu, O. (2007). Ekonomik Entegrasyon: Kuresel ve Bolgesel Yaklasim. Editor: Osman Kucukahmetoglu, Hamza Cestepe, Sevket Tuyluoglu. Bursa: Ekin Press. |
Erturk, E. (1993). Ekonomik Entegrasyon Teorisi ve Turkiye’nin Icinde Bulunduğu Entegrasyonlar. Ankara: Ezgi Bookstore Press. |
World Trade Organization (2018). Regional Trade Agreements and the Multilateral Trading System. Rohini Acharya (Edt.). Cambridge, United Kingdom: Cambridge University Press. |
Şanlı , F. B. (2004). Küreselleşme Ve Ekonomik Entegrasyonlar: Doğu Anadolu Bölgesi Araştırmaları, ss.160-166. |
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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4 | |||||
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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4 |
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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4 |
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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3 | |||||
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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4 |
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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4 | |||||
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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5 | |||||
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 | 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 |