Syllabus
Required text-book : International Economics, Donimick Salvatore
Recommended text-books : International Economics by Husted / Melvin, and Uluslararasi Iktisat by Halil Seyidoglu
Grading Policy
Midterm Exam :40%
Final Exam :40%
Term Project :20%
Midterm and Final exams will include only essay-type questions aiming to assess your understanding of what has been taught in this course. Essay-type questıons will involve definitions of important concepts, comments on certain statements, and problems. Times and dates of the exams will be announced in advance.
Course Outline
Chapter 2, The Law of Comparative Advantage
Chapter 3, The Standard Theory of International Trade
Chapter 4, Demand and Supply, Offer Curves, and the Terms of Trade
Chapter 5, Factor Endowments and the Heckscher-Ohlin Theory
Chapter 6, Economies of Scale, Imperfect Competition,and International Trade
Chapter 8, Trade Restrictions: Tariffs
Chapter 9, Nontariff Trade Barriers and the New Protectionism
Chapter 10, Economic Integration: Customs Unions and Free Trade Areas
Chapter 12, International Resource Movements and Multinational Corporations