11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


eco.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall/Spring
Prerequisites
 ECON 101To succeed (To get a grade of at least DD)
andECON 102To succeed (To get a grade of at least DD)
Course Language
Course Type
Elective
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • Will be able to explain the role international economic institutions in the process of globalization.
  • Will be able to compare the structures and functions of international economic institutions.
  • Will be able to discuss the impact of international economic institutions on national economies.
  • Will be able to discuss the impact of international economic institutions on the world economy.
  • Will be able to intimately analyze academic and popular arguments on international economic institutions.
Course Description

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Introduction – Theoretical framework and methodology.
2 International trade and foreign investment
3 Process of globalization and international economic institutions
4 International Monetary Fund (1)
5 International Monetary Fund (2)
6 World Bank (1)
7 World Bank (2)
8 World Trade Organization (1)
9 World Trade Organization (2)
10 Regional Integration
11 United Nations
12 Other international institutions
13 Student Presentations
14 Student Presentations
15 Student Presentations
16 Review of the Semester  
Course Notes/Textbooks Paul R. Krugman and Maurice Obstfeld, International Economics: Theory and Policy, 8th Edition, Addison Wesley, 2008 Gerber, James(2007) International Economics, 4nd Edition, AddisonWesley, 2.Chapter
Suggested Readings/Materials Alastair McKechnie(2007) The Role of the World Bank in Fragile and ConflictAffected States http://www.worldbank.org/fragilityandconflictCarl Felsenfeld and Genci Bilali(2004)The Role of The Bank For International Settlements In Shaping The World Financial System. Fordham School of Law, PubLaw Research Paper No. 44. Available at SSRN: http://ssrn.com/abstract=496022 or DOI: 10.2139/ssrn.496022Charter of the United Nations and Statute of the International Court of Justice, United Nations, Department of Public Information 1985. Available at : http://www.un.org/en/documents/charter/chapter2.shtmlECB Policy Understanding the European Central Bank . Available at: http://www.forexfraud.com/forexarticles/ecbpolicyeuropeancentralbank.htmlEmilio J. PérezSolla(2003) The Role of the WTO in the Fight against Poverty http://www.wto.org/english/forumse/ngoe/interprotecaustriae.pdf Gabriel Felbermayr And Wılhelm Kohler(2007)Does Wto Membershıp Make A Dıfference At The Extensıve Margın Of World Trade? CESifo Working Paper Series No. 1898. Available at: SSRN: http://ssrn.com/abstract=962040Globalisation: The Role Of The IMF, House of Commons Treasury Committee, Ninth Report of Session 2005–06 http://www.publications.parliament.uk/pa/cm200506/cmselect/cmtreasy/875/875.pdf Hanspeter K. Scheller(2004) European Central Bank (ECB) History, Role and Functions. Available at: http://www.ecb.int/pub/pdf/other/ecbhistoryrolefunctions2004en.pdf Jun Il Kim (2006) IMFSupported Programs and Crisis Prevention An Analytical Framework, IMF Working Paper WP/06/156. Available at: http://www.imf.org/external/pubs/ft/wp/2006/wp06156.pdf Kenneth Rogoff(2002)Managing the World Economy, The Economist Newspaper Limited London (08.03.02) http://www.imf.org/external/np/vc/2002/080302a.htmMaggi, Giovanni(1999). The Role of Multilateral Institutions in International Trade. American Economic Review 89 (1):190214.Michael D. Bordo, Ashoka Mody,and Nienke Oomes (2004) Keepıng Capital Flowıng: The Role of the IMF. IMF Working Paper WP/04/197Olivier Mahul(2008) The Role of the World Bank in. Disaster Risk Financing. http://gfdrr.org/docs/PresentationWBRoleinDRFinancingDRAMAF.pdfPranab Bardhan(2006) Does Globalization Help or Hurt the World’s Poor?. Avaiable at: http://emlab.berkeley.edu/users/webfac/bardhan/papers/BardhanDoesGlobalizationHelp.pdfRobert J. Barroa and JongWha Lee (2005) IMF programs: Who is chosen and what are the effects?Journal of Monetary Economics 52 (2005) 1245–1269Rose, Andrew(2002) Do WTO Members Have a More Liberal Trade Policy? National Bureau of Economic Research Working Paper 9347.Rose, Andrew K. (2004) Do WTO Members have More Liberal Trade Policy?Journal of International Economics 63(2): 209235.Rose, Andrew K. (2005) Which International Institutions Promote International Trade? Review of International Economics 13(4): 682698.Subramanian, Arvind, and ShangJin Wei(2003) The WTO Promotes Trade, Strongly but Unevenly. National Bureau of Economic Research Working Paper (10024).William Easterly (2000)The effect of IMF and World Bank Programs on Poverty. Available at SSRN: http://ssrn.com/abstract=256883 or DOI: 10.2139/ssrn.256883 http://www.imf.org/external/pubs/ft/staffp/2000/0000/e.pdfWorld Bank, "What is the World Bank," http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/0,,contentMDK:20040558~menuPK:34559~pagePK :34542~piPK:36600~theSitePK:29708,00.html WTO (World Trade Organization) (1994). On the Contribution of the World TradeOrganization to Achieving Greater Coherence in Global Economic Policymaking,”Declaration of the World Trade Organization, 15 April 1994, Marrakech. Uma Ramakrishnan and Juan Zalduendo (2006) The Role of IMF Support in Crisis Prevention, IMF Working Paper WP/06/75 http://www.imf.org/external/pubs/ft/wp/2006/wp0675.pdfUN (2009). Outcome of the Conference on the World Financial and Economic Crisis and ItsImpact on Development. General assembly Resolution A/63/L.75.Yilmaz Akyüz (2009)The Role Of The Unıted Natıons In Global Economıc Governance http://www.envirosecurity.org/gpc/publications/globaleconomicgovernance.pdf andhttp://www.southcentre.org.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
8
40
Portfolio
Homework / Assignments
Presentation / Jury
1
15
Project
Seminar / Workshop
1
15
Oral Exam
Midterm
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
60
Weighting of End-of-Semester Activities on the Final Grade
40
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
3
Presentation / Jury
1
8
Project
Seminar / Workshop
1
Oral Exam
Midterms
Final Exams
1
24
    Total
80

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To have a sound knowledge of the quantitative and qualitative methods that will help to examine the premises of different theories for an applied subject so that a contribution to solving current economic problems can be made. X
2 To have the experience of writing, using software, and doing presentations in the newspapers, magazines, meetings, panels, and in equivalent virtual platforms (internet), in order to share their accumulated knowledge and problem solving ability acquired during their education. X
3 To be able to participate in academic, professional, regional, and global networks and to utilize these networks efficiently. X
4 To have adequate social responsibility and awareness with regards to the needs of the society and to have sufficient experience and qualifications to organize and support the activities to influence the social dynamics in line with the social goals. X
5 To be able to integrate the knowledge and training acquired during the university education with personal and work experience and produce a synthesis of knowledge she requires.
6 To have the ability to evaluate his/her advance (post graduate) level educational needs and do necessary planning to fulfill those needs through the acquired capability to think analytically and critically. X
7 To have sufficient practical and theoretical knowledge base in order to define the economic agents and their interaction both in the national and global level, to process economic data and to implement scientific research for development of economic policies. X
8 Keeping in mind that economics is a social science, to have the skills to integrate social dynamics into economic process both as an input and an output and to be open to theoretical innovations in this direction.
9 To associate accumulated knowledge acquired during the university education with historical and cultural qualities of the society and to convey it to different groups.
10 To be able to follow knowledge and change in economics and communicate with colleagues in a foreign language. X
11 To possess social, scientific and ethical values at the data collection, interpretation and dissemination stages of economic analysis.
12 To have advanced level of speaking and writing skills of a second foreign language to support continuation of post graduate professional and individual development X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 

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