| Course Objectives: |
The purpose of this course is to prepare students to be managers for the increasingly competitive international trade world. The emphasis of this course will be on approaches to and, operations and procedures of international trade.
Through chapters, readings, and case analyses, we will discuss issues related to basic theoretical approaches to international trade, terms of trade or Incoterms, terms of payment, international commercial documents. During the lectures, students will be taking on leadership responsibilities and work with other people in teams while developing their oral communication abilities and presentation skills.
|
| Course Content: |
• Explain the development of world trade and list its main features
• Recall and explain main approaches to trade
• Memorize, explain and compare Incoterms 2010
• Memorize, explain and compare terms of payment and ethical issues
• Recall, list and describe international commercial documents
|
| Week |
Subject |
Related Preparation |
| 1) |
• Syllabus.
• Understand the meaning of international trade.
• Describe the geography of international trade.
• Explain the complexity of international trade.
|
|
| 2) |
• Illustrate the importance of international trade.
• Identify the varying importance of international trade for individual countries.
• Explain the changing patterns of international trade.
• List the largest exporting and importing countries.
• Explain the changing composition of trade.
|
|
| 3) |
• List the reasons of increasing importance of international trade.
• Describe the four milestones of international trade.
• Explain regional trade blocs.
• Define the multinational corporations and outsourcing.
|
|
| 4) |
• Explain mercantilism.
• Understand absolute advantage theory of Adam Smith.
• Define the comparative advantage theory.
• Explain factor endowment and international product life cycle theories.
|
|
| 5) |
• Define Incoterms.
• Explain the Incoterm strategy
• Differentiate between Incoterms 2000 and 2010
|
|
| 6) |
• Understand all modes and marine transport classification.
• Define Incoterms that are applicable to all modes.
|
|
| 7) |
• Define Incoterms that are applicable to marine transport.
• Summarize the responsibilities of Incoterms.
|
|
| 8) |
• Describe the geography of international trade.
• Illustrate the importance of international trade.
• Explain the changing patterns of international trade.
• Define the main theories of international trade.
• Define Incoterm rules.
|
|
| 9) |
• Understand why there are risks in international trade.
• Define the types of risks in international trade.
• Describe the balance between commercial risk and the risk of losing business. |
|
| 10) |
• List the terms of payment.
• Define open account.
• Define cash in advance.
• Describe documentary collection
|
|
| 11) |
• Define the Letter of Credit
• Describe the process of Letter of Credit
• Define the types of Letter of Credit
• Discuss the applicability of Letter of Credit
|
|
| 12) |
• Describe the documentation requirement.
• List the types of invoices.
• Define the pro-forma invoice.
• Describe the commercial invoice.
• Understand the consular invoice.
|
|
| 13) |
• List the import documents
• Define certificate of origin.
• Describe certificate of inspection.
• Understand phyto-sanitary certificate.
• Define certificate of manufacture.
|
|
| 14) |
• List the transportation documents.
• Define ocean bill of lading.
• Define airway bill.
• Describe charter party.
• Define packing list.
• Understand manifest. |
|
| 15) |
• Final Exam
• Describe the geography of international trade.
• Describe the four milestones of international trade.
• Define the types of risks in international trade.
• List the terms of payment.
• Describe the process of Letter of Credit
• List the import documents.
• List the types of invoices.
• List the transportation documents.
|
|
| |
Program Outcomes |
Level of Contribution |
| 1) |
1- Has knowledge about art culture and aesthetic issues.
2-Has knowledge about art history which is specific to the field of art concerned.
3-Knowledge of art and design materials.
4-Has knowledge about art and design methods and techniques.
5-Has knowledge about legal regulations and procedures in the field of art concerned.
6-Has knowledge about the interdisciplinary interaction with which the related art field is related.
7-Has knowledge about research methods.
8- Has knowledge about methods of artistic criticism.
9-Knowledge of art and science ethics. |
2 |
| 2) |
1-Provides theory and application integrity.
2. Uses methods and techniques related to the field of art.
3-Evaluates the interaction of the subdisciplines within the field of art.
4-Based on the analysis has the ability to interpret.
5-Develops multi-dimensional perception, thinking, designing, practicing ability.
6-Concrete sensory perception. |
4 |
| 3) |
1-Works alone, independently and / or within the group, compatible and productive.
2- It takes place actively in project processes.
3-Share the original works about the field with the society and evaluate the results. |
4 |
| 4) |
To be able to evaluate advanced knowledge and skills in the field with a critical approach,
- Being able to identify and learn learning needs.
- Being able to develop a positive attitude about learning life. |
3 |
| 5) |
To be able to inform related persons and institutions about issues related to the field; to be able to transfer ideas and suggestions for solutions to problems in writing and verbally.
- To share ideas and suggestions for solutions to problems with experts and non-experts by supporting quantitative and qualitative data.
-To organize projects and activities for the social environment with social responsibility awareness and apply them.
- Can use a foreign language at least in the European Language Portfolio B1 General Level to monitor the information in the field and communicate with colleagues.
- To be able to use information and communication technologies with the computer software at least at the level of European Computer Use License Advanced level required by the field. |
3 |
| 6) |
- Be able to carry out an advanced study independently of the field.
- Being able to take responsibility as individuals and team members to solve complex and unforeseen problems encountered in field related applications.
- Planning and managing activities for the development of employees under their responsibility in a project framework. |
2 |
| 7) |
- To comply with social, scientific, cultural and ethical values in the process of collecting, interpreting, implementing and announcing results related to the field.
- The universality of social rights, social justice, quality culture and protection of cultural values and having adequate consciousness about environmental protection, occupational health and safety issues. |
3 |
| 8) |
Has knowledge of artistic criticism methods. |
3 |
ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
