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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. | |
| Code | ISLS411 |
| Name | International Finance |
| Term | 2024-2025 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | VK Vocational Knowledge Courses E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HATİCE DOĞUKANLI |
| Course Instructor |
Prof. Dr. HATİCE DOĞUKANLI
(Güz)
(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
There are no course prerequisites.
Resources
International Finance- Keith Pilbeam
Notes
Related statistical data
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains basic concepts such as global financial markets, financial integration, exchange rate systems and international capital flows. |
| LO02 | Explains the functioning of international financial institutions such as the MF, World Bank, BIS and their effects on the global economy. |
| LO03 | Compares fixed, floating and hybrid exchange rate systems and explains strategies for managing exchange rate risk. |
| LO04 | Evaluates global investment opportunities and develops optimal portfolio management strategies by performing risk-return analysis. |
| LO05 | Explains financing methods such as Eurobonds, syndicated loans and international bond markets. |
| LO06 | Explains the investment decisions of multinational corporations and the dynamics of capital movements between countries. |
| LO07 | It analyzes events such as the 2008 Global Financial Crisis and the Asian Crisis and explains the effects of crises on the international financial system. |
| LO08 | Explains Turkey's external financing sources, international investment relations and financial integration process. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy science and the well-running conditions of the market economy | |
| 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. | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | 3 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | 5 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | 4 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. | 4 |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
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, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 2 | Balance of Payments | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 3 | Foreign Exchange, Spot and Forward Market Transactions | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 4 | Speculation and Arbitrage on Changes in the Levels of Currencies | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 5 | Exchange Rate Relationships; Purchasing Power Parity, Interest Rate Parity | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 6 | Factors Effecting the Exchange Rate and Forcasting Techniques | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 7 | Risk Minimazing Hedging; Derivatives | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 8 | Mid-term exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
| 9 | Currency, Interest Rate and Commodity Swaps | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 10 | Currency Options | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 11 | Using Currency Forward Hedging | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 12 | Exposure Measurement and Management; Measuring the Exposure of a Business | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 13 | Accounting Measures of Exposure | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 14 | International investments: direct investment, portfolio investment | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 15 | International investments: direct investment, portfolio investment 2 | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Tartışma, Alıştırma ve Uygulama, Problem Çözme |
| 16 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
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 | ||