Architecture | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code: | ITRD407 | ||||||||
Course Name: | Foreign Trade and The World Economy | ||||||||
Course Semester: |
Spring |
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Course Credits: |
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Language of instruction: | TR-EN | ||||||||
Course Requisites: | |||||||||
Does the Course Require Work Experience?: | No | ||||||||
Type of course: | University Elective | ||||||||
Course Level: |
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Mode of Delivery: | Face to face | ||||||||
Course Coordinator : | Assoc. Prof. BÜLENT HOCA | ||||||||
Course Lecturer(s): | |||||||||
Course Assistants: |
Course Objectives: | The purpose of this course is to study the structure and dynamics of international trade within an evolving world economy from the perspective of a developing country, especially Turkey. Students will analyze the essential characteristics of international trade structures of developing countries within recent periods of world economy. |
Course Content: | Classification of economy; classification of manufactured goods; horizontal specialization; vertical classification; technological classification of exports economic development; meaning and indicators of economic development; characteristics of the developing world; the origins of foreign trade; feudal society; geographical explorations; Mercantilism; Industrial Revolution; Colonialism; international trade and development strategy; current key issues in international trade; the terms of trade and the Prebisch-Singer Hypothesis; import substitution industrialization (ISI); export promotion; globalization and international trade; drivers of globalization; globalization of developing countries in trade; outsourcing and offshoring; the fragmentation of production and emergence of production networks; global value chains; governance of value chains; globalization and development strategy; Turkey and value chains; industrial upgrading; sectoral examples. |
The students who have succeeded in this course;
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Week | Subject | Related Preparation |
1) | • Syllabus. • Discuss Library Orientation Course, Instructor to verify completion. • Describe the classification of production. • Illustrate structure of Turkish exports with respect to sectors. • Compare this structure with more developed and less developed countries. | |
2) | • Describe the classification of production with respect to stages. • Explain stages of production. • Illustrate structure of Turkish exports with respect to stages of production. • Illustrate structure of Turkish exports with respect to technological classification. • Compare this structure with more developed and less developed countries. | |
3) | • List the measures of development. • Define the developing world. • Discuss the levels of industrialization. • Explain what we mean by development. | |
4) | • Explain the origins of global trade. • Describe feudal society. • Define mercantilism. • Describe the historical effects of industrial revolution. | |
5) | • Define colonialism. • Describe de-industrialization in the colonies. • Explain decolonization. • Describe the lasting effects of colonialism and path dependency. | |
6) | • Describe the structure of Turkish exports. • Explain the meaning of development and its measures. • Explain the evolution of trade. • Discuss effects of industrial revolution. • Describe colonialism. • Explain the lasting effects of colonialism. | |
7) | • Discuss the importance of exports to different developing nations. • Explain the traditional theories of international trade. • Understand the critique of traditional free-trade theory. • Describe the traditional trade strategies for development. | |
8) | • Discuss the need to industrialize. • Explain the easy ISI. • Define infant industry protection. • Explain when to eliminate infant industry protection. • Describe the importance of state to successful ISI. | |
9) | • Define strategy switching. • Explain how to continue structural change • Describe easy export substitution industrialization. • Define difficult ISI • Summarize the lessons of strategies. | |
10) | • List the indicators of GVCs. • Define the lead firm in GVCs. • Describe the relation between globalization and development. • Discuss smile curve economics. | |
11) | • List the indicators of GVCs. • Define the lead firm in GVCs. • Describe the relation between globalization and development. • Discuss smile curve economics. | |
12) | • List the dynamics of globalization. • List the distinctive features of the contemporary global economy. • Describe the reorganization of production and trade in global economy. • Define the lead firm in GVCs.. • Discuss the importance of exports to different developing nations • Understand the critique of traditional free-trade theory. • Describe the traditional trade strategies for development. | |
13) | • Define the place of Turkey in GVCs. • Define industrial upgrading. • Describe the steps of upgrading trajectory. • Explain clothing value chain. | |
14) | • Explain the importance of understanding the uneven nature of power relationships in GVCs. • Describe the new global clothing industry. • Explain upgrading in the new global clothing industry. • Explain upgrading in Turkey and background on Turkish firms. • Describe the transformation of Erak Clothing. | |
15) | • Illustrate structure of Turkish exports. • Compare this structure with more developed and less developed countries. • Define colonialism. • Describe the lasting effects of colonialism and path dependency. • Describe the traditional trade strategies for development. • Describe dynamics that have driven globalization. • List the distinctive features of the contemporary global economy. • Describe the reorganization of production and trade in global economy. • Describe upgrading. • Illustrate upgrading. |
Course Notes / Textbooks: | Economic Development Michael P. Todaro and Stephen C. Smith 2012 Pearson | 11th Edition ISBN 978-0-13-801388-2 |
References: | “Assembly Trade and Technology Transfer: The Case of China,” Authors: Lemoire, F. ve Ünal-Kesenci, D. World Development, (2004), 32(5): 829-850. The Process of Economic Development Authors: James M. Cypher and James L. Dietz Publisher: Routledge; 3rd Edition (2009) ISBN-13: 978-0-415-77103-0 | ISBN-10: 0-415-77103-X International Business, Authors: Michael R. Czinkota, Ilkka A. Ronkainen, Michael H. Moffett, Publisher: John Wiley & Sons, 8th Edition (2011) ISBN-13: 978-0-470-53065-8 Beyond Economic Growth: An Introduction to Sustainable Development Authors: Tatyana P. Soubbotina Publisher: World Bank; 2nd Edition (2004) ISBN: 0-8213-5933-9 Nations and Firms in the Global Economy Authors: Steven Brakman, Harry Garretsen, Charles van Marrewijk, Arjen van Witteloostuijn Publisher: Cambridge (2006) ISBN-13: 978-0-521-54057-5 “Global supply chains: why they emerged, why they matter, and where they are going” in Global value chains in a changing world (eds: Deborah K. Elms and Patrick Low) Author: Richard Baldwin Publisher: WTO Publications; 1st edition (2013) ISBN: 978-92-870-3882-1 “The Global Economy: Organization, Governance, and Development” in The Handbook of Economic Sociology (eds: Neil J. Smelser and Richard Swedberg) Author: Gary Gereffi Publisher: Princeton University Press, 2nd Edition (2005) ISBN: 0-691-12125-7 Introduction: Globalisation, Value Chains and Development Author: Gereffi et al. IDS Bulletin Vol 32 No 3 2001, p.1 Upgrading in Global Value Chains Author: John Humphrey Publisher: International Labor Office, 2004 ISBN: 92-2-116016-5 Upgrading in the Global Clothing Industry: Mavi Jeans and the Transformation of a Turkish Firm from Full-Package to Brand-Name Manufacturing and Retailing Author: Nebahat Tokatli and Ömür Kızılgün Journal: Economic Geography 80(3): 221-240, 2004 Publisher: Clark University |
Learning Outcomes | 1 |
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Program Outcomes | |||||||||
1) - Gaining discursive, theoretical and factual information from various environments, in local, national and global context for related field, architectural design/ planning/ design activities and researches, she has required ability and comprehension to reflect the information on academic environment. | |||||||||
2) - Has intellectual, discursive, scientific, technologic, esthetic, artistic, historic and cultural information and comprehension about related field. | |||||||||
3) - Has knowledge and understanding on human and community oriented and sensitive to environment (natural and built) architectural design/ planning/ design/ research methods on the related field. | |||||||||
4) - Has multidimensional knowledge and understanding on economics, topics related to disasters and environmental and societal sustainability principles and standards. | |||||||||
5) - They have knowledge about the principles, laws, regulations and standards related to their field. | |||||||||
6) - Has knowledge and understanding about institutional and ethical values related to the concerned field. | |||||||||
7) - Has knowledge and understanding about the place / importance of the related field in its historical, geographical, social and cultural context. | |||||||||
8) - Has ability to develop concepts in architectural design/ planning/ design fields. | |||||||||
9) - Has ability to provide integrity between discourse, theory and practise for architectural design / planning / design activities and researches. | |||||||||
10) - Has ability to identify facts, potential, problems and required researches for these in architectural design/ planning/ design issues. |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | - Gaining discursive, theoretical and factual information from various environments, in local, national and global context for related field, architectural design/ planning/ design activities and researches, she has required ability and comprehension to reflect the information on academic environment. | |
2) | - Has intellectual, discursive, scientific, technologic, esthetic, artistic, historic and cultural information and comprehension about related field. | |
3) | - Has knowledge and understanding on human and community oriented and sensitive to environment (natural and built) architectural design/ planning/ design/ research methods on the related field. | |
4) | - Has multidimensional knowledge and understanding on economics, topics related to disasters and environmental and societal sustainability principles and standards. | |
5) | - They have knowledge about the principles, laws, regulations and standards related to their field. | |
6) | - Has knowledge and understanding about institutional and ethical values related to the concerned field. | |
7) | - Has knowledge and understanding about the place / importance of the related field in its historical, geographical, social and cultural context. | |
8) | - Has ability to develop concepts in architectural design/ planning/ design fields. | |
9) | - Has ability to provide integrity between discourse, theory and practise for architectural design / planning / design activities and researches. | |
10) | - Has ability to identify facts, potential, problems and required researches for these in architectural design/ planning/ design issues. |
Expression | |
Brainstorming/ Six tihnking hats | |
Individual study and homework | |
Lesson | |
Reading | |
Project preparation | |
Q&A / Discussion |
Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing) | |
Homework | |
Application | |
Observation | |
Individual Project | |
Presentation | |
Reporting | |
Case study presentation |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 1 | % 60 |
Final | 1 | % 40 |
total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 60 | |
PERCENTAGE OF FINAL WORK | % 40 | |
total | % 100 |
Activities | Number of Activities | Workload |
Course Hours | 15 | 45 |
Study Hours Out of Class | 15 | 90 |
Presentations / Seminar | 1 | 6 |
Homework Assignments | 1 | 8 |
Midterms | 2 | 16 |
Final | 1 | 12 |
Total Workload | 177 |