INTERNATIONAL EXCHANGE REGIMES AND FOREIGN TRADE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UIT319	INTERNATIONAL EXCHANGE REGIMES AND FOREIGN TRADE	5	3	3	7

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Prof. MUSTAFA KÖKSAL
Instructor(s) of the Course Unit	Assist.Prof. BURCU SAVAŞ ÇELİK
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course is designed to enable students to understand the relationship between international exchange regimes and foreign trade and to use them in business life. At the end of the course students will be able to understand and interpret international exchange regimes.
Contents of the Course Unit:	Contents of the course include; foreign exchange legislation, foreign exchange types, foreign exchange systems, payment methods, foreign trade elements, import-export and use of foreign exchange in foreign trade.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
List the ways in which businesses can use foreign exchange in foreign trade by using exchange legislation. (Bloom 1)
Illustrate the operation of the exchange system and its importance for the economy (Blooms 2).
Interpret the exchange rate change in line with the supply demand concept. (Bloom 2)
Calculate the effects of exchange rate risk on enterprises by using numerical examples (Bloom 3).

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading and literature review	Introduction to Foreign Exchange Regimes and Foreign Trade	Narration, discussion
2	Reading and literature review	Foreign Exchange Transactions and Foreign Exchange Documents	Narration, discussion
3	Reading and literature review	Preparing Documents Used in Foreign Exchange Transactions	Narration, discussion
4	Reading and literature review	Understanding and Using Foreign Exchange Legislation	Narration, discussion
5	Reading and literature review	Currency Market, Exchange Rate, Exchange Rate Systems	Narration, discussion
6	Reading and literature review	Understanding the types and importance of foreign trade	Narration, discussion
7	Reading and literature review	Understanding import and performing import transactions	Narration, discussion
8	-	MID-TERM EXAM	-
9	Reading and literature review	Understanding Import Legislation	Narration, discussion
10	Reading and literature review	Performing export operations	Narration, discussion
11	Reading and literature review	Understanding License Agreements and Joint Investments	Narration, discussion
12	Reading and literature review	Foreign Direct Investments	Narration, discussion
13	Reading and literature review	Understanding the forms of payment in foreign trade and its use in trade	Narration, discussion
14	Reading and literature review	To prepare letter of credit and make risk analysis	Narration, discussion
15	Reading and literature review	Student Presentations	Narration, discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Gökhan Terzi (Editor) (2017) Dış Ticaret-Gümrük-Kambiyo İşlemleri Ve Uygulaması, İstanbul: Gümrük kitap
Kaya, F. (2011), Dış Ticaret İşlemleri Yönetimi Yeni Mevzuat ve Belgeler, İstanbul: Beta Basım Yayım
Cantekin, C. (2017) Dış Ticaret İşlemleri ve Uluslararası Bankacılık, (4. Baskı), Ankara: Seçkin Yayınevi
Aldcroft, D. H. (2001) Exchange Rate Regimes in the 20th Century, Edward Elgar Press

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarizing basic and advanced topics in International Trade and Business.			2
2	To define the theories, concepts and principles of International Trade and Business and its sub-fields.				3
3	Interpreting the relationship of International Trade and Business with other disciplines.			2
4	Using the theoretical knowledge gained in the field of International Trade and Business in professional practices and daily life.			2

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explaining current events and phenomena in the field with a holistic perspective analytically and systematically based on advanced knowledge and skills.				3
2	Solving problems encountered in business life, at individual and organizational level.				3
3	Effective use of computer programs (such as SPSS, R, Excel, Stata) in the face of complex business problems.		1
4	Evaluating the developments in the world from an intellectual perspective in the light of the joint faculty courses taken.		1

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Recognizing new theoretical and practical approaches in the field of International Trade and Business.				3
2	Recognize the relevant literature effectively.				3
3	Independently organize activities towards organizational goals and objectives.			2

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To conduct qualitative and quantitative research on the subjects related to the field.			2

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To be able to work independently in the light of the knowledge gained in the field of International Trade and Business and to take responsibility for the work done.				3

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Adopting the philosophy of lifelong learning.		1

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	To use Turkish in written and oral communication in accordance with the rules and effectively.		1
2	Using foreign language skills effectively in business and social life, explaining their demands in writing or verbally.			2
3	To design a healthy communication network in the business world by using social life skills.			2

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Benefiting from the theoretical and historical knowledge of international trade and business; analyzes current issues, events and problems.					4
2	Continually improving their knowledge of the structure and characteristics of the variables of international trade and business.				3

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	13	3	39
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	0	0	0
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	6	10	60
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	4	9	36
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	39	0	179