- University
- Academic
- Schools/Vocational Schools
- Vocational School of Justice
- Vocational School
- Vocational School
- Department of Banking and Insurance (Turkish)
- Department of Computer Programming (Turkish)
- Department of Foreign Trade (Turkish)
- Department of Graphic Design (Turkish)
- Department of Interior Design (Turkish)
- Department of Construction Technology (Turkish)
- Department of Occupational Health and Safety (Turkish)
- Department of Media and Communication (Turkish)
- Department of Architectural Restoration (Turkish)
- Department of Radio and Tv Programming (Turkish)
- Department of Civil Aviation Cabin Services (Turkish)
- Department of Civil Aviation Transportation Management (Turkish)
- Department of Tourism and Hotel Management (Turkish)
- Department of Applied English Translation
- Vocational School Of Health Services
- Vocational School Of Health Services
- Department of Child Development (Turkish)
- Department of Physiotherapy (Turkish)
- Department of Paramedic (Turkish)
- Department of Opticianry (Turkish)
- Department of Medical Documentation and Secreteriat (Turkish)
- Department of Medical Imaging Techniques (Turkish)
- Department of Medical Laboratory Techniques (Turkish)
- Department of Elderly Care (Turkish)
- School of Applied Management Sciences
- School of Foreign Languages
- Faculties
- Faculty of Arts and Sciences
- Faculty of Fine Arts and Design
- Faculty of Law
- Faculty of Communication
- Faculty of Business
- Faculty of Engineering
- Faculty of Engineering
- Department of Computer Engineering
- Department of Biomedical Engineering
- Department of Electrical and Electronics Engineering
- Department of Industrial Engineering
- Department of Food Engineering
- Department of Genetics and Bioengineering
- Department of Aerospace Engineering
- Department of Civil Engineering
- Department of Mechanical Engineering
- Department of Mechatronics Engineering
- Department of Software Engineering
- Faculty of Health Sciences
- Medicine
- Graduate School
- Common Courses
- Schools/Vocational Schools
- Research
- Research Centers
- Library
- Smart Campus
- Technology Transfer Office
- İzmir Sciencepark
- Continuous Education Center (EKOSEM)
- Children's University
- Ethics Committee
- Teaching and Learning Center (EKOEĞİTİM)
- Psychology Application and Research Center
- Researcher Training Coordinatorship
- Research Collaborations And Innovation Coordinatorship
- Campus
- INTERNATIONAL
- Contact
- 25TH YEAR
Department of International Trade and Finance
ITF 437 | Course Introduction and Application Information
| Course Name |
Technological Advances in International Trade and Finance
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
ITF 437
|
Fall/Spring
|
3
|
0
|
3
|
5
|
| Prerequisites |
|
|||||||
| Course Language |
English
|
|||||||
| Course Type |
Elective
|
|||||||
| Course Level |
First Cycle
|
|||||||
| Mode of Delivery | face to face | |||||||
| Teaching Methods and Techniques of the Course | Lecture / Presentation | |||||||
| National Occupation Classification | - | |||||||
| Course Coordinator | ||||||||
| Course Lecturer(s) | ||||||||
| Assistant(s) | ||||||||
| Course Objectives | Technological advances disrupt the way consumers, businesses, organizations and industries operate. These innovations bring changes either by creating a new market or by entering an established market and radically changing it. The main objective of this course is to provide students with the basic and intermediate level of knowledge on technological advances and help them explore how international trade and finance is re-shaped by these advances |
| Learning Outcomes |
The students who succeeded in this course;
|
| Course Description | This course covers the up-to-date technological advances and various interfaces via which they interact with international trade and finance. The course is supported with case studies, working papers and reports of important organizations that shape global trade and finance. |
| Related Sustainable Development Goals |
|
|
|
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 | Emerging and Disruptive Innovations: Advances altering life, business, and the global economy | P. Armstrong. "Disruptive Technologies: Understand, Evaluate, Respond", Kogan Page Publishers. 2017, 1st edition, 1-15. |
| 3 | Artificial Intelligence and Machine Learning | Microsoft Azure. "AI vs ML" https://azure.microsoft.com/en-us/overview/artificial-intelligence-ai-vs-machine-learning/#introduction Richardson, D. (2021). "What is AI/ML and why does it matter to your business?" https://www.redhat.com/en/blog/what-ai-ml-and-why-does-it-matter-your-business |
| 4 | AI and ML utilization in trade and finance architecture | Cambridge Centre for Alternative Finance & World Economic Forum, Transforming Paradigms: A Global AI in Financial Services Survey, (2020) |
| 5 | Blockchain technology | IBM. "What is blockchain technology?" https://www.ibm.com/topics/what-is-blockchain Deloitte. "Blockchain explained... in under 100 words" https://www2.deloitte.com/ch/en/pages/strategy-operations/articles/blockchain-explained.html Goldman Sachs. "Blockchain: The New Technology of Trust" https://www.goldmansachs.com/insights/pages/blockchain/ |
| 6 | Impacts of blockchain technology on global trade and finance utilization | WEF, "How COVID-19 accelerated the shift towards TradeTech" https://www.weforum.org/agenda/2021/01/how-covid-19-has-accelerated-the-shift-towards-tradetech/ Mercatus Research, "Can Blockchain Technology Facilitate International Trade?" https://www.mercatus.org/system/files/mcdaniel-blockchain-trade-mercatus-research-v2.pdf WTO, "Can Blockchain revolutionize international trade?" https://www.wto.org/english/res_e/booksp_e/blockchainrev18_e.pdf |
| 7 | Extended Reality (XR): Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) and re-designing global trade architecture with XR | Farshid, M., Paschen, J., Eriksson, T., & Kietzmann, J. (2018). Go boldly! Explore AR, VR, and MR for business. Business Horizons, 61(5), 657-663. |
| 8 | Midterm Exam | |
| 9 | Building blocks of disruptive innovations: Cloud, 5G, IoT | P. Armstrong. "Disruptive Technologies: Understand, Evaluate, Respond", Kogan Page Publishers. 2017, 1st edition, pp. 1-15. |
| 10 | Data Policy and Cybersecurity | World Economic Forum / Strategic Intelligence: https://intelligence.weforum.org/ |
| 11 | Ethics Governance | MIT Media Lab. Moral Machine: https://www.moralmachine.net/ Anna Lauren Hoffmann (2019) Where fairness fails: data, algorithms, and the limits of antidiscrimination discourse, Information, Communication & Society, 22:7, 900-915 Calders, Toon & Zliobaite, Indre. (2013). Why Unbiased Computational Processes Can Lead to Discriminative Decision Procedures. 10.1007/978-3-642-30487-3_3. |
| 12 | Tech for good | McKinsey. "'Tech for Good': Using technology to smooth disruption and improve well-being" https://www.mckinsey.com/featured-insights/future-of-work/tech-for-good-using-technology-to-smooth-disruption-and-improve-well-being |
| 13 | Presentations | - |
| 14 | Presentations | |
| 15 | Review of the semester | |
| 16 | Final Exam |
| Course Notes/Textbooks | P. Armstrong. “Disruptive Technologies: Understand, Evaluate, Respond”, Kogan Page Publishers. 2017, 1st edition. ISBN-13: 978-0749477288, ISBN-10: 0749477288 |
| Suggested Readings/Materials | “Big Little Breakthroughs: How Small, Everyday Innovations Drive Oversized Results”. Post Hill Press. 2021, 1st edition. ISBN 10: 1642936774 ISBN 13: 9781642936773. World Economic Forum/Strategic Intelligence: https://intelligence.weforum.org/ AI Ethicist: https://www.aiethicist.org/ IMF. Technological Progress, Artificial Intelligence, and Inclusive Growth. https://www.imf.org/en/Publications/WP/Issues/2021/06/11/Technological-Progress-Artificial-Intelligence-and-Inclusive-Growth-460695 World Economic Forum/Emerging Technologies https://www.weforum.org/topics/emerging-technologies UNCTAD. Technology and Innovation Report. https://unctad.org/page/technology-and-innovation-report-2021
|
EVALUATION SYSTEM
| Semester Activities | Number | Weigthing |
| Participation |
1
|
20
|
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury |
1
|
20
|
| Project |
1
|
20
|
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm | ||
| Final Exam |
1
|
40
|
| Total |
| Weighting of Semester Activities on the Final Grade |
3
|
60
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
40
|
| 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 |
16
|
0
|
|
| Study Hours Out of Class |
14
|
1.5
|
21
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
0
|
||
| Portfolio |
0
|
||
| Homework / Assignments |
0
|
||
| Presentation / Jury |
1
|
20
|
20
|
| Project |
1
|
22
|
22
|
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
0
|
||
| Final Exam |
1
|
34
|
34
|
| Total |
145
|
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. |
-
|
-
|
X
|
-
|
-
|
|
| 2 |
To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts. |
-
|
-
|
-
|
-
|
-
|
|
| 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. |
-
|
X
|
-
|
-
|
-
|
|
| 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. |
-
|
X
|
-
|
-
|
-
|
|
| 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. |
-
|
X
|
-
|
-
|
-
|
|
| 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
SOCIAL MEDIA
SOCIAL MEDIA
NEWSALL NEWS
IZMIR UNIVERSITY OF ECONOMICS GÜZELBAHÇE CAMPUS
DetailsGLOBAL CAREER
As Izmir University of Economics transforms into a world-class university, it also raises successful young people with global competence.
More..CONTRIBUTION TO SCIENCE
Izmir University of Economics produces qualified knowledge and competent technologies.
More..VALUING PEOPLE
Izmir University of Economics sees producing social benefit as its reason for existence.
More..
You are one step ahead with your graduate education at Izmir University of Economics.
