TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | BUSS411 |
| Name | International Finance |
| Term | 2019-2020 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. EMRAH ARIOĞLU |
| Course Instructor |
Doç. Dr. EMRAH ARIOĞLU
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The objective of this course is to provide information about how the international markets, interest rates, exchange rates and commodity price developments would affect the decisions of firms and thus how to avoid the adverse developments and how to benefit from the positive developments in financial markets.
Course Content
In this course, the basic theories of the international financial system, exchange rates, and risk management tools will be discussed.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand international monetary system and economic framework |
| LO02 | Analyze and forecast the exchange rates |
| LO03 | Use various forms of financial instruments available for risk management. |
| LO04 | Classify the international investments |
| LO05 | Comment on international economic developments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 3 |
| PLO01 | - | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 4 |
| PLO02 | - | Define the role of pricing within the event advantage of the market economy | 3 |
| PLO02 | - | Define the role of pricing within the event advantage of the market economy | 4 |
| PLO03 | - | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 4 |
| PLO03 | - | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 5 |
| PLO04 | - | Perceive the costs and benefits arising from the global economy | 2 |
| PLO04 | - | Perceive the costs and benefits arising from the global economy | 3 |
| PLO05 | - | Produce nymerical and policy options when confronted with problems | 5 |
| PLO05 | - | Produce nymerical and policy options when confronted with problems | 2 |
| PLO06 | - | Use quantitative and qualitative techniques of model building, decoding and interpretation | 3 |
| PLO06 | - | Use quantitative and qualitative techniques of model building, decoding and interpretation | 5 |
| PLO07 | - | Use the theory of economics in the analysis of economic events | 5 |
| PLO07 | - | Use the theory of economics in the analysis of economic events | 2 |
| PLO08 | - | Use computer programs, do synthesis and present prepared data efficiently | 5 |
| PLO08 | - | Use computer programs, do synthesis and present prepared data efficiently | 0 |
| PLO09 | - | Apply the methods of economic analysis. | 0 |
| PLO09 | - | Apply the methods of economic analysis. | 1 |
| PLO10 | - | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 1 |
| PLO10 | - | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 5 |
| PLO11 | - | Take responsibility individually and/or in a team, take leadership and work effectively | 5 |
| PLO11 | - | Take responsibility individually and/or in a team, take leadership and work effectively | 5 |
| PLO12 | - | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 5 |
| PLO12 | - | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 5 |
| PLO13 | - | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 5 |
| PLO13 | - | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 5 |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 5 |
| PLO14 | - | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 3 |
| PLO15 | - | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 5 |
| PLO15 | - | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 3 |
| PLO16 | - | Question traditional attitudes, applications and methods, develop and apply new methods when needed. | 5 |
| PLO16 | - | Question traditional attitudes, applications and methods, develop and apply new methods when needed. | 5 |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | 5 |
| PLO17 | - | Recognize and apply social, scientific and professional ethical values. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Fundamental Issues in International Finance and International Monetary Arrangements | Reading the relevant chapter of International Finance book | |
| 2 | Balance of Payments | Reading the relevant chapter of International Finance book | |
| 3 | Foreign Exchange, Spot and Forward Market Transactions | Reading the relevant chapter of International Finance book | |
| 4 | Speculation and Arbitrage on Changes in the Levels of Currencies | Reading the relevant chapter of International Finance book | |
| 5 | Exchange Rate Relationships; Purchasing Power Parity, Interest Rate Parity | Reading the relevant chapter of International Finance book | |
| 6 | Factors Effecting the Exchange Rate and Forcasting Techniques | Reading the relevant chapter of International Finance book | |
| 7 | Risk Minimazing Hedging; Derivatives | Reading the relevant chapter of International Finance book | |
| 8 | Mid-term exam | Preparation for the exam | |
| 9 | Currency, Interest Rate and Commodity Swaps | Reading the relevant chapter of International Finance book | |
| 10 | Currency Options | Reading the relevant chapter of International Finance book | |
| 11 | Using Currency Forward Hedging | Reading the relevant chapter of International Finance book | |
| 12 | Exposure Measurement and Management; Measuring the Exposure of a Business | Reading the relevant chapter of International Finance book | |
| 13 | Accounting Measures of Exposure | Reading the relevant chapter of International Finance book | |
| 14 | International investments: direct investment, portfolio investment | Reading the relevant chapter of International Finance book | |
| 15 | International investments: direct investment, portfolio investment | Reading the relevant chapter of International Finance book | |
| 16 | Final exam | Preparation for the exam | |
| 17 | Final exam | Preparation for the exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||