ECO 204 - International Trade

Course Objectives

The aim of the course is to cover international aspects of economics with regard to trade. In an era of more and more globalizing economies, discussions on merits and disadvantages of globalization are increasing too. The course aims to provide the theoretical basis of free trade versus protection, especially focusing on new trade theories and introduction to European Union, an economic integration where Turkey seeks full membership. You will be expected to understand the international trade, as well as knowing how to track down up to date materials on the web.

Course Description

Classical theory of trade, followed by the new trade theories constitute the main part of the course. Alternative trade policies will also be discussed with regards to developed versus developing countries.