Department of International Relations

International Economics(RI208)

Course Code Course Name Semester Theory Practice Lab Credit ECTS
RI208 International Economics 4 3 3 0 3 4
Prerequisites
Admission Requirements
Language of Instruction French
Course Type Compulsory
Course Level Bachelor Degree
Course Instructor(s) Mehmet Emin ARDA mehmarda@gmail.com (Email)
Assistant
Objective This course aims to cover the theoretical basis of international trade and monetary relations and the coverage of the course goes beyond international trade theory to open-economy macroeconomics.
Content Undergraduate
Course Learning Outcomes By the end of this course, students will be eable,

to understand the basic principles guiding international trade and financial flows, upon the rules of relevant international institutions,
to explain the critical assess policies implemented to improve international economic developpement,
to explain and discuss the main problems on international monetary policy.
Teaching and Learning Methods Theoretical
References Krugman, Paul & Obstfeld Maurice, Economie internationale, Pearson, Paris,
(Krugman & Obstfeld International Economics: Theory and Policy)
• Burda, M & Wyplosz, C. (2009) Macroéconomie, Une perspective européenne, de Boeck.
• Mucchielli, J-L & Mayer T (2006), Economie Internationale, Hyper Cours, Dalloz.
Print the course contents
Theory Topics
Week Weekly Contents
1 Introduction: Situation and Perspective of the World Economy
2 Why Nations Trade :Comparative Advantage - The Simple Ricardian Model
3 Scale Economies As a Basis for Trade
4 Imperfect economies As a Basis for Trade
5 How Nations Trade: International Equilibrium on trade
6 Factor Endowments: The Hecksher-Ohlin-Samuelson Model
7 Political Economy of Trade: Tariffs and Trade Theory, Restrictions on trade
8 New geographical Economy and The role of The Multinational
9 The Balance of Payments
10 Open Economy, National Budget Identity and Balance of Payments Accounts
11 The Exchange Rate and International Monetary Equilibrium
12 International Capital Movements
13 International Factor Movements
14 International Labor Migration
Practice Topics
Week Weekly Contents
Contribution to Overall Grade
  Number Contribution
Contribution of in-term studies to overall grade 1 50
Contribution of final exam to overall grade 1 50
Toplam 2 100
In-Term Studies
  Number Contribution
Assignments 0 0
Presentation 0 0
Midterm Examinations (including preparation) 1 25
Project 0 0
Laboratory 0 0
Other Applications 0 0
Quiz 0 0
Term Paper/ Project 1 20
Portfolio Study 0 0
Reports 0 0
Learning Diary 0 0
Thesis/ Project 0 0
Seminar 0 0
Other 1 5
Toplam 3 50
No Program Learning Outcomes Contribution
1 2 3 4 5
1 To have a detailed knowledge on the principal concepts, actors and components of the international system X
2 To master the fundamentals such as history, law, economics, sociology and political science required by the multidisciplinary nature of International Relations
3 Pouvoir analyser la pratique à partir d’une infrastructure théorique assimilée X
4 To have acquired the capability of specializing on a particular theme and/or region
5 In the light of Galatasaray University’s traditional and institutional links with Europe, to have developed the ability to contribute to Turkey’s accession process to the EU in a concrete manner
6 To interpret and explain Turkish foreign policy through its domestic components as well as from the perspective of the international system
7 To have reached the necessary level of competence to be able to undertake a career at the Ministry of Foreign Affairs as well as other state institutions and/or the private sector
8 Possess the required skills to work at various international organizations and NGOs
9 To be in perfect command of French, teaching language of Galatasaray University, and of English, its mandatory language, at the academic -with a view to write a thesis/project/book in the field of International Relations- as well as the professional level X
10 To have the capacity to utilize the methodological instruments acquired throughout the studies at any conceptual and/or academic work X
Activities Number Period Total Workload
Class Hours 14 3 42
Working Hours out of Class 14 3 42
Assignments 10 2 20
Presentation 10 2 20
Midterm Examinations (including preparation) 1 6 6
Final Examinations (including preparation) 1 8 8
Quiz 2 1 2
Seminar 1 3 3
Total Workload 143
Total Workload / 25 5,72
Credits ECTS 6
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