TÜRKÇE
ENGLISH
Information
| Code | ECOS403 |
| Name | Foreign Trade and Exchange |
| Term | 2022-2023 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HARUN BAL |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The purpose of this course is to provide students with a broad knowledge about the development of foreign trade in the scope of trade liberalization, national and international practices, methods of financing and institutions and organizations that help foreign trade transactions.
Course Content
Foreign trade regimes, exchange rate regimes, the use of foreign exchange transactions in foreign trade, application to Turkish economy.
Course Precondition
There are no prerequisites.
Resources
Krugman, P. R. (2018). International trade: Theory and policy. Pearson.
Notes
Cohen, S. D., Paul, J. R., & Blecker, R. A. (2019). Fundamentals of US foreign trade policy: economics, politics, laws, and issues. Routledge.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand the dynamics of the development of international trade |
| LO02 | The relationship between foreign trade-growth on economic theory and mechanism of the process of foreign trade policies |
| LO03 | International payment instruments, foreign exchange rates and foreign exchange management policy |
| LO04 | Recommends international trade policies. |
| LO05 | Defines GATT agreements. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 5 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 5 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 5 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 5 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The Dynamics of International Trade Development | reading | |
| 2 | International Trade and Economy of Turkey | reading | |
| 3 | International Trade and Monetary Side | reading | |
| 4 | The Relationship between Foreign Trade and Economic growth in the Theory of Economics | reading | |
| 5 | International Instruments of Payments, Exchange Rates and Currency Management Policies | reading | |
| 6 | Financial Risk Management Techniques | reading | |
| 7 | Delivery Methods Used in International Sales Contracts | reading | |
| 8 | Mid-Term Exam | prepare to exam | |
| 9 | Documents Used in International Trade | reading | |
| 10 | Types of Payments in Foreign Trade | reading | |
| 11 | Main Financing Methods Used in Foreign Trade | reading | |
| 12 | International Supervision Companies | reading | |
| 13 | Foreign Trade-Related Basic Organizational Structure: GATT and WTO | reading | |
| 14 | International Trade, Contract Necessity, Risks, and Arbitration. | reading | |
| 15 | Supporting Institutions in Foreign Trade Transactions | reading | |
| 16 | Term Exams | prepare to exam | |
| 17 | Term Exams | prepare to exam |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 129 | ||
| Total Workload / 25 (h) | 5,16 | ||
| ECTS | 5 ECTS | ||