INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of International Business
2017-2018

SYLLABUS
Code Name Level Year Semester
IBS 226 International Economics Undergraduate 3 Spring
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
Compulsory 5 2 + 1 0

Instructor Assistant Coordinator
Nataša TANDIR, Assist. Prof. Dr. Natasa Tandir Nataša TANDIR, Assist. Prof. Dr.
[email protected] [email protected] no email

The course will highlight sources of comparative advantage, gains and losses from trade, the impact of trade on economic growth, and effects of trade policy interventions such as tariffs, quotas, voluntary export restraints, and export subsidies. International agreements on regional trade liberalization (such as EU and NAFTA) and on multilateral trade liberalization (WTO) will be also discussed. Topics on international finance will include balance of payments, determination of foreign exchange rates and international banking.

COURSE OBJECTIVE
The purpose of this course is to help students understand the basics of international trade and finance and the effects of various international economic policies on domestic and world welfare.

COURSE CONTENT
Week
Topic
  1. Introduction, Windows on the World Economy
  2. International trade Theories
  3. Debate
  4. The instruments of Trade Policy
  5. The World Trade Organisation
  6. Debate
  7. Multinational Companies
  8. Midterm Exam
  9. Migration
  10. Debate
  11. Exchange rates and Purchasing Power Parity
  12. The International Monetary Fund
  13. Debate
  14. Crises and Responses
  15. Debate

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Interactive Lectures
    • Presentation
    • Discussions and group work
    • Student debates
    • Assignments
    • Case Studies
    • Use of educational films
    Description (%)
    Method Quantity Percentage (%)
    Problem solving120
    Midterm Exam(s)130
    Presentation120
    Final Exam130
    Total: 100
    Learning outcomes
      TEXTBOOK(S)
      • Kenneth A. Reinert (2012) An introduction to International Economics – New Perspectives on the World Economy, Cambridge University Press

      ECTS (Allocated based on student) WORKLOAD
      Activities Quantity Duration (Hour) Total Work Load
      Lecture (14 weeks x Lecture hours per week) 0
      Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) 0
      Midterm Examination (1 week) 0
      Final Examination(1 week) 0
      Preparation for Midterm Examination 0
      Preparation for Final Examination 0
      Assignment / Homework/ Project 0
      Seminar / Presentation 0
      Total Workload: 0
      ECTS Credit (Total workload/25): 0