International Finance(ECON318)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| ECON318 | International Finance | 6 | 3 | 0 | 0 | 3 | 5 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | |
| Course Type | Compulsory |
| Course Level | Bachelor Degree |
| Course Instructor(s) | Sevgi GENCAY İNECİ sineci@gsu.edu.tr (Email) |
| Assistant | |
| Objective | This course aims to cover the theoretical and practical basis of international finance. |
| Content | Undergraduate programme |
| Course Learning Outcomes |
By the end of this course students should be able, to understand the basic principles guiding global financial environment and global financial management, to developpe an analytical approach by using necessary tools, to solve various case studies exercises. |
| Teaching and Learning Methods | Theoretical |
| References |
Dupuy.,M & all:; (2006) Finance internationale, Travaux Dirigés, Dunod. Saunders A., (2007) Financial Institutions Management, McGraw-Hill. |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | Introduction: basic financial calculation |
| 2 | International Transactions and Fundamentals of Balances of Payments Accounting |
| 3 | Exchange Rates: Prices and Volume Effects |
| 4 | Foreign Exchange Market: Traditional Products |
| 5 | Foreign Exchange Market: Foreign Currency Derivatives |
| 6 | Foreign Exchange Theory: Exchange Rate Determination; International Parity Condition |
| 7 | Defining Risk and Exposure: Exchange Rate Risk, Interest Rate Risk, Credit Risk, Risk Management in Practice. |
| 8 | Futures Contracts: Interest Rate and Exchange Rate Risk Management |
| 9 | Options and Exchange Rate Risk Management |
| 10 | Financial Approach to the Exchange Rates; |
| 11 | Swaps and Risk Management: Exchange Rate Swaps, Interest Rate Swaps. |
| 12 | International Trade Finance: Trade Dilemma, Arrangement and International Trade Risks |
| 13 | Foreign Investment Decisions: Finance of the Direct Investment |
| 14 | The Role of Banks in Global Finance |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 60 |
| Contribution of final exam to overall grade | 1 | 40 |
| Toplam | 2 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 10 | 5 |
| Presentation | 5 | 5 |
| Midterm Examinations (including preparation) | 1 | 40 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 1 | 5 |
| Quiz | 2 | 5 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 19 | 60 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | Demonstrate a basic knowledge of different economic theories and main discussions driving current theoretical approaches | X | ||||
| 2 | Demonstrate ability to use basic qualitative and quantitative methods to asses different economic questions of applied fields | |||||
| 3 | Show a sound understanding of current economic discussions and problems | X | ||||
| 4 | Have an effective and clear communication in written and oral formats in different public and professional contexts. | |||||
| 5 | Demonstrate basic knowledge of the world economic history and a sound knowledge of the Turkish economic history | |||||
| 7 | Demonstrate knowledge of standard quantitative techniques and empirical models used in economics | |||||
| 8 | Show ability to apply basic economic theory to an applied topic | |||||
| 9 | Show a basic understanding of analytical methods, both theory- and model-based | X | ||||
| 10 | Show ability to use economic concepts to discuss current economic issues | X | ||||
| 11 | Reason logically and work analytically | |||||
| 12 | Show awareness on social aspects of the economics in different applied and theoretical fields | |||||
| 13 | Identify appropriate economic models to analyse problems | |||||
| 16 | Show understanding of basic statistical and econometric concepts and ability to apply basic concepts to own empirical work | |||||
| 17 | Demonstrate a sound knowledge of the current economic issues in Turkey and a general knowledge of the issues in the world economy | |||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 2 | 28 |
| Assignments | 10 | 2 | 20 |
| Presentation | 5 | 1 | 5 |
| Midterm Examinations (including preparation) | 1 | 8 | 8 |
| Other Applications | 2 | 1 | 2 |
| Final Examinations (including preparation) | 1 | 8 | 8 |
| Quiz | 2 | 1 | 2 |
| Other | 1 | 5 | 5 |
| Total Workload | 120 | ||
| Total Workload / 25 | 4,80 | ||
| Credits ECTS | 5 | ||