Faculty of Business and Management Sciences · Islamic Economics and Finance (English) · Undergraduate
Course Objective
The main objective of the course is to enable students to learn various application issues in international trade and finance and to provide a background for the application and financing courses they will take in the 4th grade. Students who take the course will have the opportunity to learn transfer transactions, contracts, documents used, payment methods, delivery methods and alternative financing methods in foreign trade.
Course Content
Students who take the course will have the opportunity to learn transfer transactions, contracts, documents used, payment methods, delivery methods and alternative financing methods in foreign trade.
Required Resources
Salvatore, Dominick. International Economics: Trade and Finance. 13th ed. Wiley, 2020.
Seyidoğlu, Halil. Uluslararası İktisat: Teori, Politika ve Uygulama. 21. Baskı. Beta Yayınları, 2021.
Krugman, Paul, Maurice Obstfeld, and Marc Melitz. International Economics: Theory & Policy. 11th ed. Pearson, 2018.
Recommended Resources
Mishkin, Frederic S. The Economics of Money, Banking, and Financial Markets. 12th ed. Pearson, 2021.
Course Learning Outcomes
- dış ticarette teslim şekillerini tanımak
- dış ticarette sözleşme türlerini öğrenmek
- dış ticaret uygulamalarını anlamak
- dış ticaret belgelerini tanımak
- dış ticarette uluslararası para transferlerinin nasıl yapıldığını öğrenmek
- dış ticarette ödeme şekillerini tanımak
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 14 | 4 | 56 |
| Midterm | 1 | 8 | 8 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 8 | 8 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Fundamentals of International Trade and Finance: Concepts and Theories | Seyidoğlu bölüm 1 ve 2/ Krugman chapter 1 |
| 2 | Trade Policies: Protectionism and Free Trade | Seyidoğlu 5 ve 6. bölüm |
| 3 | Global Trade Agreements: World Trade Organization (WTO) and Free Trade Agreements (FTA) | seyidoğlu bölüm 7/ krugman chapter 10 |
| 4 | Balance of Payments and External Borrowing | Seyidoğlu 8-9. bölüm/ Salvatore chapter 12 |
| 5 | Foreign Exchange Markets and Exchange Rate Systems: Flexible vs. Fixed Exchange Rates | Seyidoğlu bölüm 10 / Mishkin chapter 14 |
| 6 | International Financial Resources: IMF, World Bank, and Development Banks | Seyidoğlu 11. bölüm/ Mishkin chapter 15 |
| 7 | Foreign Direct Investments (FDI) and Portfolio Investments | Seyidoğlu 12. bölüm / Salvatore chapter 16 |
| 8 | Midterm exam | - |
| 9 | Multinational Corporations (MNCs) and Global Supply Chain Management | Seyidoğlu bölüm 14 / Krugman chapter 18 |
| 10 | Taxation of International Trade and Customs Regulations | Küçüksavaş bölüm 5 |
| 11 | International Banking, SWIFT, and Digital Payment Systems | Mishkin Chapter 20 |
| 12 | Global Financial Crises: The 1929 Great Depression, 2008 Global Financial Crisis, and Their Consequences | Seyidoğlu Bölüm 16/ Mishkin chapter 22 |
| 13 | Risk Management in International Trade: Hedging, Forward, Futures, and Options | Seyidoğlu bölüm 18 / Mishkin Chapter 24 |
| 14 | Green Finance, Sustainable Trade, and ESG Investments | - |
| 15 | Islamic Finance and Interest-Free Banking in International Trade | - |
| 16 | Final Exam | - |