Aviation Management
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

ITRD201

Course Name:

Fundamentals of International Trade

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:

Common Pool

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. NURİYE ZEYNEP ÖKTEN

Course Lecturer(s):

Öğr.Gör. MEHMET NAİL ŞENCAN
Öğr.Gör. JÜLİDE ÖNGÜÇ
Dr. Hakan ÇORA

Course Assistants:

Course Objective and Content

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

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Explain the development of world trade and list its main features
2) • Recall and explain main approaches to trade
3) • Memorize, explain and compare Incoterms 2010
4) • Memorize, explain and compare terms of payment and ethical issues
5) • Recall, list and describe international commercial documents
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)	• 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.

Sources

Course Notes / Textbooks:	International Logistics: Management of International Trade Operations, 2ND EDITION ©2013 Atomic Dog Pierre A. David and Richard D. Stewart ISBN-10: 0989490602
References:	International Logistics: Management of International Trade Operations, 2ND EDITION ©2013 Atomic Dog Pierre A. David and Richard D. Stewart ISBN-10: 0989490602

Course-Program Learning Outcome Relationship

Learning Outcomes	1	2	3	4	5
Program Outcomes
1) He/she has in-depth information required by the legal, social and environmental framework in which all transportation operations, especially aviation, are involved.
2) He/she has advanced theoretical and practical knowledge, supported by books, equipment and other sources containing up-to-date information on air transportation / logistics.
3) He/she has sufficient knowledge for the technical aspects of air transportation and logistics.
4) He/she has sufficient legal knowledge on basic issues related to international trade and business.
5) He/she uses theoretical and practical knowledge in aviation business management, logistics, transportation and business management solutions together.
6) He/she uses theoretical and applied knowledge in mathematics, science and transportation together to solve operational problems.
7) He/she identifies, defines, formulates and solves basic problems related to the field of air transportation / logistics. For this purpose, he/she selects and applies appropriate analytical methods and modeling techniques.
8) He/she analyzes a system, system component or process and designs it under realistic constraints to meet desired requirements; applies modern design methods accordingly.
9) He/she selects and uses modern and technical tools required for basic applications in air transportation / logistics.
10) He/she independently conducts a comprehensive advanced level study in air transportation / logistics.
11) He/she accesses information by doing research, uses databases and other information resources.
12) He/she works effectively in multidisciplinary teams and takes responsibility.
13) He/she plans project development studies in the field and manages related activities.
14) He/she organizes, plans and directs teamwork in air transportation / logistics related comprehensive projects.
15) With the awareness of the necessity of life-long learning, he/she follows science and technology developments in aviation management, logistics and transportation and renews himself/herself constantly. He/she also evaluates the knowledge / skills acquired in the field with a critical thinking.
16) He/she works individually and in multi-disciplinary teams in aviation management, national and international transportation and logistics environments both in theoretical and applied fields.
17) He/she selects and uses modern and technical tools necessary for air transport / logistics applications.
18) He/she communicates effectively with relevant people and institutions, being aware of the universal and social effects of applications and solutions in the aviation field.
19) He/she develops solutions to problems and shares his ideas in writing and verbally, supporting them with quantitative and qualitative data.
20) He/she has a comprehensive understanding about management of aviation companies, safety and security issues in aviation, air law, airport operations and technical aspects of aviation specific applications.
21) He/she is aware of the aviation principles and values. He/she has professional and ethical responsibility.

Course - Learning Outcome Relationship

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

	Program Outcomes	Level of Contribution
1)	He/she has in-depth information required by the legal, social and environmental framework in which all transportation operations, especially aviation, are involved.
2)	He/she has advanced theoretical and practical knowledge, supported by books, equipment and other sources containing up-to-date information on air transportation / logistics.
3)	He/she has sufficient knowledge for the technical aspects of air transportation and logistics.
4)	He/she has sufficient legal knowledge on basic issues related to international trade and business.
5)	He/she uses theoretical and practical knowledge in aviation business management, logistics, transportation and business management solutions together.
6)	He/she uses theoretical and applied knowledge in mathematics, science and transportation together to solve operational problems.
7)	He/she identifies, defines, formulates and solves basic problems related to the field of air transportation / logistics. For this purpose, he/she selects and applies appropriate analytical methods and modeling techniques.
8)	He/she analyzes a system, system component or process and designs it under realistic constraints to meet desired requirements; applies modern design methods accordingly.
9)	He/she selects and uses modern and technical tools required for basic applications in air transportation / logistics.
10)	He/she independently conducts a comprehensive advanced level study in air transportation / logistics.
11)	He/she accesses information by doing research, uses databases and other information resources.
12)	He/she works effectively in multidisciplinary teams and takes responsibility.
13)	He/she plans project development studies in the field and manages related activities.
14)	He/she organizes, plans and directs teamwork in air transportation / logistics related comprehensive projects.
15)	With the awareness of the necessity of life-long learning, he/she follows science and technology developments in aviation management, logistics and transportation and renews himself/herself constantly. He/she also evaluates the knowledge / skills acquired in the field with a critical thinking.
16)	He/she works individually and in multi-disciplinary teams in aviation management, national and international transportation and logistics environments both in theoretical and applied fields.
17)	He/she selects and uses modern and technical tools necessary for air transport / logistics applications.
18)	He/she communicates effectively with relevant people and institutions, being aware of the universal and social effects of applications and solutions in the aviation field.
19)	He/she develops solutions to problems and shares his ideas in writing and verbally, supporting them with quantitative and qualitative data.
20)	He/she has a comprehensive understanding about management of aviation companies, safety and security issues in aviation, air law, airport operations and technical aspects of aviation specific applications.
21)	He/she is aware of the aviation principles and values. He/she has professional and ethical responsibility.

Learning Activity and Teaching Methods

Field Study
Peer Review
Expression
Brainstorming/ Six tihnking hats
Individual study and homework
Lesson
Reading
Homework
Report Writing
Q&A / Discussion
Social Activities

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Oral Examination
Application
Presentation
Reporting
Case study presentation

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Project	1	% 10
Midterms	1	% 40
Final	1	% 50
total		% 100
PERCENTAGE OF SEMESTER WORK		% 50
PERCENTAGE OF FINAL WORK		% 50
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	15	45
Study Hours Out of Class	15	60
Project	1	12
Homework Assignments	6	12
Quizzes	4	2
Midterms	1	15
Final	1	22
Total Workload		168