Prerequisite Courses:
Course Language:
İngilizce
Course Objectives:
Discussing the impacts of economic (international trade and immigration) and financial (foreign direct investment, portfolio investment) globalization on developed and developing countries.
Course Content:
International Trade and Investment in the Globalization Era.
Course Methodology:
1: Lecture,2: Question-Answer,3: Discussion,4: Simulation, 5: Case Study
Course Evaluation Methods:
A: Testing, B: Presentation C:Homework D:Project E: Laboratory
Vertical Tabs
Course Learning Outcomes
| Learning Outcomes | Program Learning Outcomes | Teaching Methods | Assessment Methods |
| To be able to understand the development and interaction of international goods, services, labor and capital flows | 1,6,7,8 | 1,2,3 | A, C |
| To be able to establish the relationship between international trade theory and real-world issues | 1,6,7 | 1,2,3 | A, C |
| Analyzing the relationship between international financial movements and financial crises. | 1,8 | 1,2,3 | A, C |
| Ability of Comparing the impacts of globalization on developed and developing countries. | 1,6,7 | 1,2,3 | A, C |
| Discussion ability of the international finance architect problem | 1,6,7,8 | 1,2,3 | A, C |
| To be able to monitor the literature on globalization, international trade and finance. | 1,6,7 | 1,2,3 | A, C |
| To be able to suggest solutions to the problems related with globalization. | 1,6,7,8 | 1,2,3 | A, C |
Course Flow
| Week | Topics | Study Materials |
| 1 | Introduction and Conceptual Framework: International Trade, International Finance and International Business/What Kind of a World Are We Living in? | Dos (2010), Brakman (et.al.) (2006) |
| 2 |
PART ONE: GLOBALIZATION
Globalization I: Four Primary Dimensions of Globalization |
Dos (2010), Obstfeld and Taylor (2006) |
| 3 | Globalization II: Benefits and Costs of Globalization | Lecture Notes |
| 4 | Globalization III: Globalization and Inequality | Lecture Notes |
| 5 |
PART TWO: INTERNATIONAL TRADE in GLOBALIZING WORLD
First Generation Theories: Absolute, Comparative Advantages and Factor Endowments Models. |
Krugman, Obstfeld and Melitz (2012)
Reinert (2012) WTO (2008) |
| 6 | Second Generation Theories: “New” Trade Models |
Krugman, Obstfeld and Melitz (2012)
Reinert (2012) WTO (2008) |
| 7 | Third Generation Theories: “New New” Trade Models. | Krugman, Obstfeld and Melitz (2012) WTO (2008) |
| 8 | Midterm Exam | |
| 9 | A Modern Approach: New Economic Geography | WTO (2008) |
| 10 | Trade Policies in Global Integration | Reinert (2012) |
| 11 |
PART THREE: CAPITAL FLOWS AND INVESTMENTS
FDI and Multinational Corporations |
Moosa (2002) |
| 12 | The Causes and Effects of Foreign Direct Investments |
Moosa (2002)
Kumar (2003) |
| 13 | The Effects of FDIs to Host Countries | Moosa (2002 |
| 14 | Financial Crises and the Great Recession in 2008 | Köse(et.al) (2006) |
| 15 | International Organizations: IMF, Worldbank, WTO and UNDP | Reinert (2012) |
Recommended Sources
| Textbook | There is no a specific textbook. Lecture Notes and following sources are used. |
| Additional Resources |
|
Material Sharing
| MATERIAL SHARING | |
| Documents | X |
| Assignments | X |
| Exams | X |
Assessment
| ASSESSMENT | ||
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Mid-terms | 1 | 50 |
| Quizzes | 2 | |
| Assignment | 1 | 50 |
| Total | 100 | |
| CONTRIBUTION OF FINAL EXAMINATION TO OVERALL GRADE | 50 | |
| CONTRIBUTION OF IN-TERM STUDIES TO OVERALL GRADE | 50 | |
| Total | 100 | |
Course’s Contribution to Program
| COURSE'S CONTRIBUTION TO PROGRAM | |||||||
| No | Program Learning Outcomes | Contribution | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Gaining knowledge of business terms and applying these two institutions and business administrations. With this knowledge being able to analyze problems and come up with creative solutions. | X | |||||
| 2 | Commenting on the effects of social behavior, personality and organizational culture at the global level. | X | |||||
| 3 | Applying knowledge acquired in the field. | X | |||||
| 4 | Review of the economic and legal problems of organizations, and application of creative solutions. | X | |||||
| 5 | Being able to correctly investigate and interpret government policy effects on foreign trade. | X | |||||
| 6 | Analyzing global order economically and politically, in addition being able to analyze the geographical effects of this perspective. | X | |||||
| 7 | In organizational analysis being able to see unethical situations in advance and prevent them from occurring, also gaining the ability to apply these traits in functional areas. | X | |||||
| 8 | Analyzing the great economies of the world and apprehending in what dimension added value for multi- national and financial forms is created. | X | |||||
| 9 | Presenting international marketing bases and gaining the necessary traits to become a brand and develop better communication strategies. | X | |||||
| 10 | To provide management, control and decision-making abilities and to use these in social and professional relationships. | X | |||||
| 11 | Assessment of countries’ international economic policies on the bases of regional and foreign policies. | X | |||||
ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | |||
| Activities | Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Course Duration (Including the exam week: 15x Total course hours) | 15 | 3 | 45 |
| Hours for off-the-classroom study (Pre-study, practice) | 15 | 5 | 75 |
| Mid-terms | 1 | 10 | 10 |
| Homework | 1 | 20 | 20 |
| Final examination | 1 | 15 | 15 |
| Total Work Load | 165 | ||
| Total Work Load / 25 (h) | 6,6 | ||
| ECTS Credit of the Course | 7 | ||
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