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FOREIGN TRADE MANAGEMENT PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
ITR431 FOREIGN TRADE MANAGEMENT 7 3 3 7

GENERAL INFORMATION

Language of Instruction : English
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. IRYNA SKAVRONSKA
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: This course aims to improve the aptitude for being competent on foreign trade practices, socioeconomics, physical, environmental, political and legal difficulties they may confront, and reach the level of offering a solution to these difficulties, and follow the sectors prioritized in international trade by the state and get the right job in the working area in this direction.
Contents of the Course Unit: Content of the course include general view to foreign Trade, terminology and history of international commercial activities, significance of foreign markets in the macro level, dynamics of international markets, socioeconomics, physical and environmental difficulties in international markets, political and legal difficulties in international markets, packaging, logistic and insurance, foreign trade practices, payment practices in foreign trade, customs legislation and practices, sectors supported by the state in the field of international 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 necessity of integration to foreign markets item by item on the basis of micro and macroeconomics
Classify the packaging, logistics, insurance and customs practices in the foreign trade process over examples
Examine the right payment options for payment risks to be confronted in foreign trade
Compare working areas in which foreign trade practices are carried out by considering sectors supported by the state in international trade

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading General View to Foreign Trade Lecture & Question and Answer & Discussion
2 Reading Terminology and History of International Commercial Activities Lecture & Question and Answer & Discussion
3 Reading Significance of Foreign Markets in the Macro Level Lecture & Question and Answer & Discussion
4 Reading Dynamics of International Markets Lecture & Question and Answer & Discussion
5 Reading Socioeconomics, Physical and Environmental Difficulties in International Markets Lecture & Question and Answer & Discussion
6 Reading Political and Legal Difficulties in International Markets Lecture & Question and Answer & Discussion
7 Reading Packaging, Logistic and Insurance Lecture & Question and Answer & Discussion
8 - MID-TERM EXAM -
9 Reading Foreign Trade Practices - 1 Lecture & Question and Answer & Discussion
10 Reading Foreign Trade Practices - 2 Lecture & Question and Answer & Discussion
11 Reading Payment Practices in Foreign Trade -1 Lecture & Question and Answer & Discussion
12 Reading Payment Practices in Foreign Trade -2 Lecture & Question and Answer & Discussion
13 Reading Customs Legislation and Practices Lecture & Question and Answer & Discussion
14 Reading Sectors Supported by the State in the Field of International Trade Lecture & Question and Answer & Discussion
15 Reading General Revision Lecture & Question and Answer & Discussion
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Rivera-Batiz, A. L. and Olivia, M. (2004). International Trade : Theory, Strategies, and Evidence. Oxford, United Kingdom: Oxford University Press.
Fry, R. (2016). International Trade and Management. United States: Clanrye International.
Dempsey, M. (2013). Managing Trade Unions. Germany: LAP Lambert Academic Publishing.

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

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.
4
3
Define concepts, theories and principles of basic and subfields of international trade by adhering to the background knowledge.
4

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.
4
2
Use theoretical knowledge gained in the field of international trade in occupational practices and daily life.
5
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.
3
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.
5

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.
5
2
Develop suggestions for international trade policies by determining economic problems in the macro level.
5
3
Apply commercial applications in consideration of knowledge gained in financing and management of international trade by being inclusive of international market
5
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 5 65
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 2 2
Preparation for the Final Exam 5 7 35
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 5 6 30
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 39 0 175
Total Workload of the Course Unit 175
Workload (h) / 25.5 6,9
ECTS Credits allocated for the Course Unit 7,0