FINANCIAL GLOBALIZATION PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
UTI425	FINANCIAL GLOBALIZATION	7	3	3	8

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	Assoc.Prof. ONUR ÖZDEMİR
Instructor(s) of the Course Unit	Assist.Prof. SERKAN DEMİREL
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	This course aims to introduce how neoliberal policies effected the process of financial articulation generated after the second half of the 20th century, how basic economic indicators and income distributions changed following this financialization.
Contents of the Course Unit:	Contents of the course include international banking analysis, the articulation process of financial systems with one another, foreign securities markets, international stock exchange transactions, Forex market, world finance market, international portfolio investments international capital resources, international risk management, direct capital investments, international taxation, comparison between the balance of example payments in Turkey and selected countries, international financial crises.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Summarize basic concepts regarding globalization.
Explain historical development of globalization
Anlayze the relation between financial globalization and financial crisis on the basis of basic economical concepts
Discuss the effects of direct capital investments on the balance of payments over sheets

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	Reading	International Banking Analysis	Lecture & Question and Answer & Discussion
2	Reading	The Articulation Process of Financial Systems With One Another	Lecture & Question and Answer & Discussion
3	Reading	Foreign Securities Markets	Lecture & Question and Answer & Discussion
4	Reading	International Stock Exchange Transaction	Lecture & Question and Answer & Discussion
5	Reading	Forex Market	Lecture & Question and Answer & Discussion
6	Reading	World Finance Market	Lecture & Question and Answer & Discussion
7	Reading	International Portfolio Investments	Lecture & Question and Answer & Discussion
8	-	MID-TERM EXAM	-
9	Reading	International Capital Resources	Lecture & Question and Answer & Discussion
10	Reading	International Risk Management	Lecture & Question and Answer & Discussion
11	Reading	Direct Capital Investments	Lecture & Question and Answer & Discussion
12	Reading	International Taxation	Lecture & Question and Answer & Discussion
13	Reading	Comparison between the Balance of Example Payments in Turkey and Selected Countries	Lecture & Question and Answer & Discussion
14	Reading	International Financial Crises	Lecture & Question and Answer & Discussion
15	Reading	General Revision	Lecture & Question and Answer & Discussion
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Akter, B. (2014). Kuresel Ticaret: Temelleri Riskleri ve Finansmani. Istanbul: Gita Publications.
Rodrik, D. (2011). Akıllı Küresellesme. Translation: Burcu Aksoy, 1. Baskı, Ankara: Efil Publications.
Ozer, G. H. (2006). Finansal Liberalizasyon Politikalari ve Kriz İliskisi: 1980 Sonrası Asya ve Türkiye Ornegi. Ankara: Sermaye Piyasası Kurulu.
Williamson, J. ve Mahar, M. (2002). Finansal Liberalizasyon Uzerine Bir İnceleme. Translation: Guven Delice, 1st Edition, Ankara: Liberte Publications.
Cline, W. (2011). Financial Globalization, Economic Growth, and the Crisis of 2007-09. Washington, United States: The Peterson Institute for International Economics.
Esen, O. (1998). Finansal Küreselleşme Ortamında Gelişmekte Olan Ülkelere Yönelik Portföy Yatırımları, C.9, S. 30, ss. 59-70.

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	Describe basic theories of microeconomics and macroeconomics by benefiting from assumptions and axioms.						5
2	Recognize the entries in the book and financial balance sheet of the business organization.						5
3	Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.				3

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Summarize historical development of the international trade theories by adhering to the chronological order.				3
2	Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.					4
3	Solve financial and legal problems confronted in international trade practices.						5

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate statistical raw data by benefiting from computer programs and relate data with one another in consideration of theoretical knowledge.					4
2	Evaluate developments in the world in consideration of common courses in the faculty with an intellectual perspective.					4

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Interpret current events and facts in international trade based on advanced knowledge and skills from an analytical and systematic holistic view.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate knowledge about economic globalization and internationalization with current knowledge in the field.						5

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Examine current economic policies applied over the gained advanced knowledge and skills by a critical approach.						5

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain demands in written or verbally by using the foreign language skill in business and social life effectively.				3
2	Tell knowledge, thoughts and solution offers regarding subjects in international trade to relevant stakeholders demands in written or verbally.				3
3	Design a healthy communication network for themselves in the business world by using social life skills.				3

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze current issues, events and problems by benefiting from theoretical and historical knowledge of international trade and economics.					4
2	Develop suggestions for international trade policies by determining economic problems in the macro level.				3
3	Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market					4
4	Discuss the effects of commercial and financial globalization processes on the income distribution, by benefiting from data.					4

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	2	26
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	7	10	70
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	5	12	60
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	41	0	200