TÜRKÇE
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Information
| Code | BUSS411 |
| Name | International Finance |
| Term | 2022-2023 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 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 | Doç. Dr. EMRAH ARIOĞLU |
| Course Instructor |
Doç. Dr. EMRAH ARIOĞLU
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The objective of this course is to provide information about how the international markets, interest rates, exchange rates and commodity price developments would affect the decisions of firms and thus how to avoid the adverse developments and how to benefit from the positive developments in financial markets.
Course Content
In this course, the basic theories of the international financial system, exchange rates, and risk management tools will be discussed.
Course Precondition
none
Resources
Jeff Madura, International Financial Management
Notes
Frederic S. Mishkin and Stanley G. Ekins, Financial Markets and Institutions
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand international monetary system and economic framework |
| LO02 | Analyze and forecast the exchange rates |
| LO03 | Use various forms of financial instruments available for risk management. |
| LO04 | Classify the international investments |
| LO05 | Comment on international economic developments |
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 | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 4 |
| 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 | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | 4 |
| 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 | |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | |
| 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 | |
| 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. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Fundamental Issues in International Finance and International Monetary Arrangements | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Balance of Payments | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Foreign Exchange | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Speculation and Arbitrage on Changes in the Levels of Currencies | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Exchange Rate Relationships; Purchasing Power Parity, Interest Rate Parity | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Factors Effecting the Exchange Rate and Forcasting Techniques | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Risk Minimazing Hedging; Derivatives | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-term exam | Preparation for the exam | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 9 | Currency, Interest Rate and Commodity Swaps | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Currency Options | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Using Currency Forward Hedging | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Exposure Measurement and Management; Measuring the Exposure of a Business | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Accounting Measures of Exposure | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | direct investment | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | portfolio investment | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 16 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | 5 | 70 |
| 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) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||