FACULTY OF BUSINESS

Department of International Trade and Finance

ITF 408 | Course Introduction and Application Information

Course Name
Turkish Foreign Trade and Investment Policy
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 408
Fall/Spring
3
0
3
6

Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course -
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives The primary objective of this course is to provide students a process understanding of the development of Turkish Economy, at those periods, the developments in Turkish Foreign Trade and the investment policies that are implemented.
Learning Outcomes The students who succeeded in this course;
  • will able to use analytical tools to formulate and solve economic, business and foreign trade problems.
  • will be able to function in multicultural settings.
  • will be able to give information about the Turkish economy and the common characteristics of the emerging markets.
  • will be able to apply the foreign trade techniques.
  • will be able to demonstrate knowledge and awareness of international business.
  • will be able to explain the fundamental principles of the economics, finance and trade.
Course Description This course includes structure of Turkish Economy before and after 1920, characteristics of emerging markets, the development model of 1980s, importexport regime, and also foreign trade techniques and investment policies in Turkey.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction: Main terms on International Trade and Investment Lecturer’s own course notes and supplementary reading materials
2 Government Policy and International Trade Hill, C.W.L. and Hult, G.T.M., (2018), Global Business Today, 10th Ed. McGraw Hill Education, Chapter-7
3 The Political Economy of Trade and Investment Policy Lecturer’s own course notes and supplementary reading materials
4 Foreign Direct Investment Hill, C.W.L. and Hult, G.T.M., (2018), Global Business Today, 10th Ed. McGraw Hill Education, Chapter-8
5 Entering Foreign Markets Hill, C.W.L. and Hult, G.T.M., (2018), Global Business Today, 10th Ed. McGraw Hill Education, Chapter-13
6 The Strategy of International Business Hill, C.W.L. and Hult, G.T.M., (2018), Global Business Today, 10th Ed. McGraw Hill Education, Chapter-12s
7 Turkey’s Foreign Trade Strategy (Master Plan) Ministry of Commerce
8 WTO Reports WTO
9 Reports on Investing in Turkey Deloitte, PwC, KPMG and E&Y
10 Midterm
11 Invest in Turkey http://v1.invest.gov.tr/tr-TR/Pages/Home.aspx
12 Group Presentations
13 Group Presentations
14 Group Presentations
15 Review of the Semester  
16 Review of the Semester  

 

Course Notes/Textbooks

Hill, C.W.L. and Hult, G.T.M., (2018), Global Business Today, 10th Ed.

McGraw Hill Education

Suggested Readings/Materials
Appleyard D.R., A.J. Field, S.L. Cobb, International Economics, Seventh Edition, McGraw Hill, 2010.
Erdilek, A., A Historical Review of Turkey’s Inward Foreign Direct Investment Environment and Policies From the Ottoman Empire to the Present, 2005.
Krugman P.R., M. Obstfeld, M, J.Melitz, International Economics, Theory&Policy, Pearson, 2012.
T.R, Ministry of Economy, Foreign Direct Investments in Turkey, 2012.
Seymen, D.A, Türkiye’nin Dış Ticaret Yapısı ve Rekabet Gücü, DEÜ Yayınları, İzmir, 2009.
Sönmez, A., “The Dynamics of Foreign Direct Investment in Turkey From a Historical Perspective”, IESS, Bilkent University, Master Thesis, 2008.
WTO, International Trade Statistics, 2015.
WTO, World Trade Report, 2015.
YASED, FDI Evaluation Report, 2014.
Central Bank Balance of Payments Statistics, www.tcmb.gov.tr
Ministry of Economy FDI Statistics, www.ekonomi.gov.tr
UNCTAD Global Investment Trends Monitor No.11 (January 2013), www.unctad.org
Deloitte Annual Turkish M&A Review 2012, www.deloitte.com
International Indices
World Bank Doing Business, www.doingbusiness.org
UNCTAD, www.unctad.org
AT Kearney www.atkearney.com
World Economic Forum, www.weforum.org
Institution for Management Development, www.imd.ch
World Bank, IMF, WTO, OECD

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
1
70
Seminar / Workshop
Oral Exams
Midterm
1
30
Final Exam
Total

Weighting of Semester Activities on the Final Grade
30
Weighting of End-of-Semester Activities on the Final Grade
70
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
16
3
48
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
0
Presentation / Jury
0
Project
1
56
56
Seminar / Workshop
0
Oral Exam
0
Midterms
1
16
16
Final Exam
0
    Total
168

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to identify and analyze problems in the field of trade and finance, and to develop solutions.

2 To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance. X
3 To be able to analyze the developments in global markets by using critical thinking skills. X
4 To be able to analyze and interpret data in the field of finance, commerce and economics by using information technologies effectively.
5 To be able to acquire knowledge about the legal regulations and practices in the field. X
6 To be able to foresee and define the risks that could be encountered in the field of trade and finance and to take decisions to manage such risks. X
7 To be able to acquire and use verbal and numerical skills necessary for the nature of international trade and finance program.
8 To be able to obtain, synthesize and report the information related to the fields of trade and finance.
9 To be able to contribute to the solution of problems as individual, team member or leader.
10

To be able to evaluate the issues related to the field with an ethical perspective and social sensitivity.

11 To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
12 To be able to speak a second foreign at a medium level of fluency efficiently.
13 To be able to relate the knowledge accumulated throughout human history to their field of expertise.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


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