FACULTY OF BUSINESS
Department of International Trade and Finance
ITF 222 | Course Introduction and Application Information
Course Name |
International Trade and Investment
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
ITF 222
|
Spring
|
3
|
0
|
3
|
5
|
Prerequisites |
None
|
|||||
Course Language |
English
|
|||||
Course Type |
Required
|
|||||
Course Level |
First Cycle
|
|||||
Mode of Delivery | face to face | |||||
Teaching Methods and Techniques of the Course | Group WorkQ&ALecture / Presentation | |||||
Course Coordinator | ||||||
Course Lecturer(s) | ||||||
Assistant(s) |
Course Objectives | The course provides a comprehensive analysis of international trade and investment within the framework of global business environment. The course aims to (1) explain how and why the world’s cultures, countries, and regions differ, (2) cover economics and politics of international trade and investment, (3) tackle international issues related to ethics, corporate social responsibility, and sustainability, (4) explain the functions and form of the global monetary system, (5) examine the strategies and structures of international business, and (6) assess the special roles of the various functions of an international business. |
Learning Outcomes |
The students who succeeded in this course;
|
Course Description | The course focuses on applications of international business, trade and investment concepts. The course also makes important theories accessible and interesting to students. The course also provides learners how changes in macro environment affect international business practice. |
|
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 | |
2 | Globalisation | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-1, p.1-39 |
3 | National Differences in Political, Economic, and Legal systems | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-2, p.40-64 |
4 | National Differences in Economic Development | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-3, p.65-95 |
5 | • Differences in Culture • Ethics, Corporate Social Responsibility, and Sustainability | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-4, p. 96-136 Chapter-5, p. 137-167 |
6 | International Trade Theory | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-6, p. 168-208 |
7 | Midterm Exam | |
8 | • Government Policy and International Trade • Foreign Direct Investment | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-7, p. 209-239 Chapter-8, p. 240-272 |
9 | Regional Economic Integration | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-9, p. 273-307 |
10 | • The Foreign Exchange Market • The International Monetary System | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-10, p. 308-337 Chapter-11, p. 337-367 |
11 | The Strategy of International Business | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-12, p. 368-410 |
12 | Entering Developed and Emerging Markets | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-13, p. 411-439 |
13 | Exporting, Importing, and Countertrade | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-14, p. 440-466 |
14 | • Global Production and supply Chain Management • Global Marketing and Business Analytics | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, Chapter-15, p. 467-500 Chapter-16, p. 500-539 |
15 | Review of the Semester | |
16 | Final Exam |
Course Notes/Textbooks | Charles W. L. Hill, (2022), Global Business Today, 12e, McGraw Hill, ISBN: 978-1-264-06750-3 |
Suggested Readings/Materials |
Foreign Trade Data: https://www.census.gov/foreign-trade/data/index.html |
EVALUATION SYSTEM
Semester Activities | Number | Weigthing |
Participation |
1
|
10
|
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques |
2
|
20
|
Portfolio | ||
Homework / Assignments | ||
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exams | ||
Midterm |
1
|
25
|
Final Exam |
1
|
45
|
Total |
Weighting of Semester Activities on the Final Grade |
4
|
55
|
Weighting of End-of-Semester Activities on the Final Grade |
1
|
45
|
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 |
14
|
2
|
28
|
Field Work |
0
|
||
Quizzes / Studio Critiques |
2
|
8
|
16
|
Portfolio |
0
|
||
Homework / Assignments |
0
|
||
Presentation / Jury |
0
|
||
Project |
0
|
||
Seminar / Workshop |
0
|
||
Oral Exam |
0
|
||
Midterms |
1
|
18
|
18
|
Final Exam |
1
|
30
|
30
|
Total |
140
|
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. | |||||
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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