Ordu University Lifelong Learning Programme

Description of Individual Course Units

Course Unit Code	Course Unit Title	Type of Course Unit	Year of Study	Semester	Number of ECTS Credits
İKT4022013201	INTERNATIONAL ECONOMICS-II	Compulsory	4	8	6

Level of Course Unit

First Cycle

Objectives of the Course

To analyze and to understand the economic relations among the countries in the context of trade and labour flows and international monetary systems.

Name of Lecturer(s)

Yrd. Doç. Dr. Merter AKINCI

Learning Outcomes

1	Uluslar arası alanda ülkeler arası ithalat ve ihracat ilişkilerini analiz edebilir.
2	Küresel ölçekte sermaye hareketlerini, faktör akımlarının gelişimini analiz edebilir.
3	Küresel finans piyasalarındaki döviz, faiz ve türev araçlarının hareketini analiz edebilir.
4	Analytic reasoning ability on foreign currency regimes
5	Analytical thinking ability on Classical, neo-classical, Keynesian and Monetarist approaches to balance of payments deficits
6	Analytical thinking ability on internal and external economic balances
7	Comprehensive knowledge on the relationship between economic development and international trade and finance

Mode of Delivery

Formal Education

Prerequisites and co-requisities

None

Recommended Optional Programme Components

None

Course Contents

Understanding and analyzing the following issues: Foreign currency market analysis Exchange rates, arbitrage, speculation and convertibility Exchange rate theories(Purchasing power parity) Exchange rate theories(Portfolio theory) The relations between balance of payments and foreign currency markets Future markets Formation of national income in a closed economy Formation of national income in a closed economy Mechanisms for external balancing : Price mechanism Price- Gold Flow mechanism External balance with national price changes Interest rate changes and external balance Trade and economic development International economic issues

Weekly Detailed Course Contents

Week	Theoretical	Practice	Laboratory
1	Foreign currency market analysis
2	Exchange rates, arbitrage, speculation and convertibility
3	Exchange rate theories(Purchasing power parity)
4	Exchange rate theories(Portfolio theory)
5	The relations between balance of payments and foreign currency markets
6	Future markets
7	Formation of national income in a closed economy
8	Formation of national income in an open economy
9	Mechanisms for external balancing : Price mechanism
10	Price- Gold Flow mechanism
11	External balance with national price changes
12	Interest rate changes and external balance
13	Trade and economic development
14	International economic issues
15
16

Recommended or Required Reading

Seyidoğlu, H. (2013), Uluslararası İktisat: Teori, Politika ve Uygulama, 18. Baskı, İstanbul: Güzem-Can Yayınları Karluk, R. (2013), Uluslararası Ekonomi: Teori-Politika, 10. Baskı, İstanbul: Beta Yayınları

Planned Learning Activities and Teaching Methods

Assessment Methods and Criteria

Term (or Year) Learning Activities	Quantity	Weight
SUM		0
End Of Term (or Year) Learning Activities	Quantity	Weight
SUM		0
Yarıyıl (Yıl) İçi Etkinlikleri		40
Yarıyıl (Yıl) Sonu Etkinlikleri		60
SUM		100

Language of Instruction

Turkish

Work Placement(s)

None

Workload Calculation

Activities	Number	Time (hours)	Total Work Load (hours)
Midterm Examination	1	1	1
Final Examination	1	1	1
Attending Lectures	14	3	42
Observation	14	5	70
Individual Study for Mid term Examination	2	20	40
Individual Study for Final Examination	1	22	22
TOTAL WORKLOAD (hours)			176

Contribution of Learning Outcomes to Programme Outcomes

	PO 1	PO 2	PO 3	PO 4	PO 5	PO 6	PO 7	PO 8	PO 9	PO 10	PO 11	PO 12	PO 13	PO 14
LO1	5	4	4	4	5	5	5	5	5	4	4	5	5	4
LO2	4	4	5	5	4	5	4	5	5	4	5	5	4	4
LO3	5	5	4	5	5	4	5	4	4	5	4	4	5	5
LO4	4	5	4	5	4	4	4	5	5	4	5	4	5	5
LO5	4	4	5	3	4	5	5	4	5	4	5	4	4	4
LO6	5	5	4	4	5	5	5	4	4	5	4	5	4	3
LO7	4	4	3	4	4	4	4	5	5	5	4	4	5	5

* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High