| Course Name |
Trade and Finance in EU
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
ITF 402
|
Fall/Spring
|
3
|
0
|
3
|
5
|
| Prerequisites |
None
|
|||||
| Course Language |
English
|
|||||
| Course Type |
Elective
|
|||||
| Course Level |
First Cycle
|
|||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | - | |||||
| National Occupation Classification | - | |||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | - | |||||
| Course Objectives | The objective of this course is to assess and evaluate developments and the contribution of EU to the growing and globalizing world economy, to contribute to the student’s understanding of the developments of the EU economy with special emphasis on trade and finance. The course will lay the foundations to the students to follow and analyze the current economic developments of the EU countries and their trade and financial relations to the other emerging and developed economies. The integration process and the current economic, social and political situations will be addressed. |
| Learning Outcomes |
The students who succeeded in this course;
|
| Course Description | To lay the foundation, modes of regional economic integration, monetary integration, the history and reasons behind the economic and monetary integration of Europe will be discussed and EU’s economic relationship with other countries and Turkey will be analyzed.The financial structure of EU, especially EURO, and financial institutions such as Central Bank of Europe, and European Stability Mechanism will be covered.In the second half of the semester,the students will prepare and present a group project involving the economic situation of an EU country with special emphasis on trade and finance. |
| Related Sustainable Development Goals |
|
|
Core Courses |
X
|
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 1 | Introduction: Debt Crisis in EU- 2011-2012 Revisited | |
| 2 | Modes of Regional Economic Integration and the European Economic and Monetary Union | David N. Balaam and Michael Veseth. “The European Union: The Economics and Politics of Integration” in Introduction to Political Economy, Second Edition, 2001. p. 231-251Hitiris, Chp. 1 |
| 3 | Optimum Currency Areas | DeGrauwe. Chp. 1 & 2 Baldwin and Wyplosz, Chp. 11 |
| 4 | Costs and Benefits of a Common Currency | DeGrauwe, Chp. 3 & 4 |
| 5 | European Central Bank and the Turkish Central Bank European Financial Stability Fund | DeGrauwe, Chp. 8 Caner Bakır, Merkezdeki Banka: Türkiye Cumhuriyet Merkez Bankası ve Uluslararası Bir Karşılaştırma. İstanbul Bilgi Üniversitesi Yayınları, 2007. EU Website and pertinent articles |
| 6 | Fiscal Policy and the Stability and Growth Pact | Baldwin and Wyplosz. Chp. 18 DeGrauwe, Chp. 10 |
| 7 | Midterm Exam | |
| 8 | External Trade Policy in EU | Hitiris, Chp. 8, Baldwin and Wyplosz, Chp. 15 Nello, Chp. 18-19,McDonald and Dearden, Chp12. |
| 9 | Trade within EU | EUROSTAT Statistics Pertinent Articles |
| 10 | Trade with non EU Countries EU Trade with Turkey | EUROSTAT Statistics T.C. Ekonomi Bakanligi Foreign Trade Statistics and Reports Pertinent Articles |
| 11 | Country Report Presentation | |
| 12 | Country Report Presentation | |
| 13 | Country Report Presentation | |
| 14 | Country Report Presentation | |
| 15 | Review of the Semester | |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Powerpoint presentations, daily news |
| Suggested Readings/Materials | Newspapers of National and international broadcast news, the economic and financial data bases |
| Semester Activities | Number | Weigthing |
| Participation |
1
|
10
|
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques |
1
|
10
|
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project |
1
|
25
|
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
30
|
| Final Exam |
1
|
25
|
| Total |
| Weighting of Semester Activities on the Final Grade |
70
|
|
| Weighting of End-of-Semester Activities on the Final Grade |
30
|
|
| Total |
| 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
|
2
|
32
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
1
|
5
|
5
|
| Portfolio |
0
|
||
| Homework / Assignments |
0
|
||
| Presentation / Jury |
0
|
||
| Project |
1
|
15
|
15
|
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
20
|
20
|
| Final Exam |
1
|
25
|
25
|
| Total |
145
|
|
#
|
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. |
-
|
-
|
X
|
-
|
-
|
|
| 2 |
To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts. |
-
|
-
|
X
|
-
|
-
|
|
| 3 |
To be able to critically analyze global market developments and evaluate their implications for business and policy. |
-
|
-
|
-
|
-
|
X
|
|
| 4 |
To be able to collect, analyze, and interpret financial and economic data by using digital and information technologies effectively. |
-
|
-
|
-
|
-
|
-
|
|
| 5 |
To be able to understand and interpret legal frameworks, regulations and practices relevant to international trade and finance. |
-
|
-
|
-
|
-
|
-
|
|
| 6 |
To be able to anticipate, define, and manage financial and trade-related risks through informed decision-making. |
-
|
-
|
-
|
-
|
-
|
|
| 7 |
To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program. |
-
|
-
|
-
|
-
|
-
|
|
| 8 |
To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively. |
-
|
-
|
-
|
-
|
-
|
|
| 9 |
To be able to contribute effectively as individuals, team members, and leaders in multidisciplinary environments. |
-
|
-
|
-
|
-
|
-
|
|
| 10 |
To be able to evaluate trade and finance issues from ethical, social, and sustainability perspectives. |
-
|
-
|
-
|
-
|
-
|
|
| 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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