FOREIGN TRADE(ENGLISH)
Associate	TR-NQF-HE: Level 5	QF-EHEA: Short Cycle	EQF-LLL: Level 5

General course introduction information

Course Code:

MFTR101

Course Name:

General Concepts of International Trade

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	7

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Associate

TR-NQF-HE:5. Master`s Degree

QF-EHEA:Short Cycle

EQF-LLL:5. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Öğr.Gör. MÜRÜVVET AKAR

Course Lecturer(s):

Öğr.Gör. MÜRÜVVET AKAR
Öğr.Gör. ÖMER FAİK UĞUR
Öğr.Gör. SELÇUK SUNAY
Dr. BİLİNMİYOR BEKLER

Course Assistants:

Course Objective and Content

Course Objectives:

• To be able to explain differences between international trade and domestic trade.
• To be able to explain reasons for trade.
• To be able to explain different theoretical approaches over foreign trade by underlining their assumptions and fundamentals.
• To be able to develop talents in understanding the gains and losses from trade, comparing different theories.
• To be able to evaluate the theoretical framework of international trade policy
• To be able to evaluate interaction between economic growth and foreign trade
• To be able to explain basic knowledge for the assessment of daily economic affairs between countries.
• To be able to discuss and evaluate topics on world trading system and globalization.

Course Content:

• Labor Productivity and Comparative Advantage: The Ricardian Model
• The Concept of Comparative Advantage
• A One-Factor Economy
• Production Possibilities
• Relative Prices and Supply
• Trade in a One-Factor World
• Determining the Relative Price After Trade
• The Gains from Trade
• A Numerical Example
• Relative Wages

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) Analyze the general situation of Turkey's foreign trade
2) Explain the aims and historical development of the European Union.
2 - Skills
Cognitive - Practical
1) Knows the definition and scope of international commodity trading
3 - Competences
Communication and Social Competence
Learning Competence
1) Explain the general appearance of world foreign trade.
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	• General Situation in the World Economy • Basic Indicators of World Economy • Gross domestic product • Developed countries • Developing countries • GDP per capita • Unemployment • Inflation
2)	Combined Nomenclature (CN) • Statistical Classification of Products by Economic Activity (CPA) • Product Classification Based on Production Statistics (PRODCOM) • Standard International Trade Classification (SITC Rev 3.) • Harmonized Commodity Description and Code System (HS) • Development of International Commodity Trade • World Commodity Trading According to Regions and Countries • World Commodity Trading by Country Groups • World Commodity Trading for Goods Group
3)	Definition and Scope of Services in International Trade • General Service Description and Features • Service Definitions and Classifications of International Organizations • The General Agreement on Trade in Services and the World Trade Organization (GATS) • Service Description in the European Union • Characteristics of International Services Trade
4)	Services The Importance of the Sector • Development of International Services Trade • World Service Trade by Selected Region and Countries • World Service Trade According to Countries • Distribution of Goods and Services Trade in the World • Transportation Services • Travel Services
5)	Population and Employment Structure of Turkey • Turkey Population and Structure • Structure of Employment in Turkey • Turkey Economy Gross Domestic Product Growth, Per Capita Gross Domestic Product, Inflation and Income Distribution • Turkey's Gross Domestic Product • Growth of Turkey's Economy • The Gross Domestic Product per person in Turkey
6)	General Situation of Foreign Trade of Turkey • Place in the World Trade Turkey's Foreign Trade • The Place of Turkey Economy of Foreign Trade of Turkey • Sectoral structure of Turkey's trade in goods • Turkey's Exports by Sector and Commodity Group • Turkey's Imports by Commodity Group and Sector
7)	Midterm
8)	Breakdown by Country of Turkey's Merchandise Trade • Turkey's Exports by Country Groups and Countries • Turkey's Imports by Country Groups and Countries • Turkey's International Trade in Services • Turkey's Tourism Services Trade
9)	Values and Objectives of the European Union • Historical Development of the European Union • Schuman Plan • Paris Treaty • Rome Treaty • European Single Act • European Union Treaty (Maastricht Treaty) • Amsterdam Treaty • Nice Treaty • European Constitution • Lisbon Treaty • Europe 2020 Strategy • European Union enlargement process
10)	Basic Institutions of the European e Union • European Council (The European Council) • European Parliament • European Union Council (Council of Ministers) • European Commission • European Court of Justice • European Court of Auditors • Auxiliary (Functional) Institutions • European Central Bank • European Investment Bank • Economic and Social Committe
11)	Common Policies of the European Union • Common Agricultural Policy • Economic and Monetary Union • European Union Competition Policy • European Union Common Trade Policy • European Union's Social Policy • European Union Industrial Policy • Regional Policy • Research and Innovation
12)	Turkey - European Union Accession Negotiations • Screening Process • Accession Negotiation Chapters • Internal Coordination and Adaptation Committee • Turkey - European Union Economic Relations • The European Union's Trade Relations With Turkey • The European Union's Financial Aid to Turkey • Pre-Customs Union Period (1964 - 1995) • Post-Customs Union Period (1996 - 1999) • Candidacy Period (2000 - 2006) Google Çeviri'de aç
13)	• United Nations Expert Organizations • United Nations Conference on Trade and Development (UNCTAD) • Organization Structure of UNCTAD • United Nations Industrial Development Organization (UNIDO)
14)	Organization Structure of UNIDO • United Nations Development Program (UNDP) • Organization Structure of UNDP • United Nations International Labor Organization (ILO) • Organization of the ILO
15)	Final Exam

Sources

Course Notes / Textbooks:	(The Institution recognizes the use of the textbook in the classroom as part of the educational methodology and strategy applied in diverse materials. The textbook is part of the curriculum and is used to reach the student in an effective manner in the classroom. Every student is expected to acquire and use the textbook.)
References:	International economics: theory & policy / Paul R. Krugman, Maurice Obstfeld. --2012 8th Ed. ISBN- 1 3: 978-0- 3 2 1 -49304-0 ISBN- 1 0: 0-32 1 -49304-4

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4
Program Outcomes
1) Being knowledgeable in the field of foreign trade and knowing the various documents used
2) Having basic knowledge about export and customs legislation
3) Having the knowledge of associating foreign trade with logistics management
4) To have knowledge about international trade organizations and European Union
5) To have knowledge of foreign trade financing
6) To have the practice of researching and reporting information with graduation Project
7) Being conscious about Atatürk Principles and having knowledge about History of Turkish Revolution
8) To have basic knowledge in business administration and vision of international business
9) To have knowledge about basic methods used in financial accounting
10) Having effective communication skills in oral and written
11) Use at least one foreign language as scientific language

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Being knowledgeable in the field of foreign trade and knowing the various documents used	5
2)	Having basic knowledge about export and customs legislation
3)	Having the knowledge of associating foreign trade with logistics management	4
4)	To have knowledge about international trade organizations and European Union	4
5)	To have knowledge of foreign trade financing
6)	To have the practice of researching and reporting information with graduation Project
7)	Being conscious about Atatürk Principles and having knowledge about History of Turkish Revolution
8)	To have basic knowledge in business administration and vision of international business
9)	To have knowledge about basic methods used in financial accounting
10)	Having effective communication skills in oral and written
11)	Use at least one foreign language as scientific language

Learning Activity and Teaching Methods

Expression
Lesson
Seminar

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 50
Final	1	% 50
total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	1	3	3
Presentations / Seminar	1	1	1
Homework Assignments	1	1	1
Midterms	1	1	1
Final	1	1	1
Total Workload			7