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
|
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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;
|
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. |
|
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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