Banking and Finance (English)
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

FNCE311

Course Name:

International Economics

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Prof. Dr. AYLİN SOYDAN

Course Lecturer(s):

Prof. Dr. AYLİN SOYDAN

Course Assistants:

Course Objective and Content

Course Objectives:	This course aims to provide students with analytical tools to investigate economic relations among national economies and the working of the global economy. To this end, it focuses on two main subject areas, namely international trade and international finance.
Course Content:	International trade and comparative advantage; factor endowment and international trade beyond comparative advantage; global production chains; commercial policy; protectionism; balance of payments; international debt; exchange rate systems; leading economies and main country groups and their positions in the world economy.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) Recognise the transformation of international economic integration, and identify advantages and disadvantages stemming from the integration;
2) Identify main theories of international trade and become familiar with the theoretical advances in the area.
3) Utilise the conceptual tools like balance of payments, exchange rates systems in the analyses;
4) Explain international financial dynamics and implications of international financial flows for individual economies.
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	Introduction	none
2)	The World Economy and International Economic Integration	Reading
3)	International Economic Organisations Since World War II	Reading
4)	Comparative Advantage and Gains from International Trade	Reading
5)	Factor Endowment and Comparative Advantage	Reading
6)	Beyond Comparative Advantage	Reading
7)	Commercial Policy, Tariffs, and Protectionism	Reading, News
8)	Global Production Chains and Networks	Reading, News
9)	Balance of Payments	Reading, News
10)	Balance of Payments II	Reading, News
11)	Exchange Rate Systems	Reading
12)	International Financial Crises	Reading, News
13)	The United States, the European Union, East Asia, and the rest of the World Economy	Reading, News
14)	The United States, the European Union, East Asia, and the rest of the World Economy II	Reading, News

Sources

Course Notes / Textbooks:	Gerber, J. (2022) International Economics. 8th Global ed. Harlow: Pearson.
References:	Gerber, J. (2022) International Economics. 8th Global ed. Harlow: Pearson. Newspapers, web sites.

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4
Program Outcomes
1) Explain the essential body of knowledge in the area of banking and finance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
3) Recognize why financial institutions and financial intermediation exist and how they are structured.
4) Distinguish the insight about basic banking principles and regulations surrounding the banking industry.
5) Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
6) Recognize, interpret and discuss the current global economic issues.
7) Communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of banking and finance.
8) Express the role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Explain the essential body of knowledge in the area of banking and finance, including evolution of the discipline, the state-of-the-art concepts, scientific methodology, theories and models.
2)	Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
3)	Recognize why financial institutions and financial intermediation exist and how they are structured.
4)	Distinguish the insight about basic banking principles and regulations surrounding the banking industry.
5)	Discover and create entrepreneurial opportunities and expertise to successfully establish and develop their own ventures.
6)	Recognize, interpret and discuss the current global economic issues.
7)	Communicate in written and oral English with people from diverse backgrounds, and have the English proficiency to follow and interpret the global dynamics in the areas of banking and finance.
8)	Express the role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
9)	Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.

Learning Activity and Teaching Methods

Peer Review
Expression
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Q&A / Discussion
Web Based Learning

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Observation
Individual Project

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Attendance	14	% 10
Homework Assignments	10	% 20
Midterms	1	% 30
Final	1	% 40
total		% 100
PERCENTAGE OF SEMESTER WORK		% 60
PERCENTAGE OF FINAL WORK		% 40
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	14	3	42
Study Hours Out of Class	16	5	80
Homework Assignments	12	3	36
Quizzes	5	1	5
Midterms	1	1	1
Final	1	2	2
Total Workload			166