To teach students the basics of international trade process, instruments used in international trade process and international trade rules.
Course Content
This course contains; Will be able to define International trade and differentiate between local trade.,Will be able to define standard applications in international trade and can explain International Sales Contract clauses.
,Will be able to use ITC (International Trade Center) Trade Map Application.,Will define International Commercial Terms (INCOTERMS) used for Sea Transportation only.,Will define INCOTERMS used for all modes of transport.,Will define basic documents used in international trade.,Will explain transportation documents used in international trade.,Will define international trade payment terms.,Will differentiate payment against documents and acceptance payment methods used in international trade.,Explains advance payment, open account payment terms.,Defines letter of guarantee types.,Letter of Guarantees and Types of Standby Letter of Credits.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to define international trade.
9
A
2. Will be able to define the standardization in international trade.
9
A
2.1 Defines international organizations which set standard international rules.
9
A
3. Will be able to define International Commercial Terms (INCOTERMS).
9
A
3.1 Explains International Commercial Terms (INCOTERMS) used in all modes of transport.
9
A
4. Will be able to define the basic documents used in international trade.
9
A
4.1 Defines basic documents like invoice, bill of lading, movement documents (certificate of origin etc.), packing list, weight list etc. used in international trade.
9
A
5. Will be able to explain basic payment terms (except letter of credit) used in international trade.
9
A
Teaching Methods:
9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Will be able to define International trade and differentiate between local trade.
2
Will be able to define standard applications in international trade and can explain International Sales Contract clauses.
3
Will be able to use ITC (International Trade Center) Trade Map Application.
4
Will define International Commercial Terms (INCOTERMS) used for Sea Transportation only.
5
Will define INCOTERMS used for all modes of transport.
6
Will define basic documents used in international trade.
7
Will explain transportation documents used in international trade.
8
Will define international trade payment terms.
9
Will differentiate payment against documents and acceptance payment methods used in international trade.
10
Explains advance payment, open account payment terms.
11
Defines letter of guarantee types.
12
Letter of Guarantees and Types of Standby Letter of Credits
Resources
(1) Grath, A. (2011). The handbook of international trade and finance: the complete guide to risk management, international payments and currency management, bonds and guarantees, credit insurance and trade finance. Kogan Page Publishers.
(2) ICC Uniform Rules for Collections, ICC Publication No. 522E, 1995
[1] http://mebis.medipol.edu.tr adress will cover the related links.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
50
Rate of Final Exam to Success
50
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
14
3
42
Guided Problem Solving
14
3
42
Resolution of Homework Problems and Submission as a Report
2
2
4
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
1
3
3
Midterm Exam
1
18
18
General Exam
1
33
33
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
142
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(142/30)
5
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
INTRODUCTION to FOREIGN TRADE and FINANCE
-
Spring Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Assoc.Prof. Yurdagül MERAL
Name of Lecturer(s)
Assoc.Prof. Yurdagül MERAL
Assistant(s)
Aim
To teach students the basics of international trade process, instruments used in international trade process and international trade rules.
Course Content
This course contains; Will be able to define International trade and differentiate between local trade.,Will be able to define standard applications in international trade and can explain International Sales Contract clauses.
,Will be able to use ITC (International Trade Center) Trade Map Application.,Will define International Commercial Terms (INCOTERMS) used for Sea Transportation only.,Will define INCOTERMS used for all modes of transport.,Will define basic documents used in international trade.,Will explain transportation documents used in international trade.,Will define international trade payment terms.,Will differentiate payment against documents and acceptance payment methods used in international trade.,Explains advance payment, open account payment terms.,Defines letter of guarantee types.,Letter of Guarantees and Types of Standby Letter of Credits.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to define international trade.
9
A
2. Will be able to define the standardization in international trade.
9
A
2.1 Defines international organizations which set standard international rules.
9
A
3. Will be able to define International Commercial Terms (INCOTERMS).
9
A
3.1 Explains International Commercial Terms (INCOTERMS) used in all modes of transport.
9
A
4. Will be able to define the basic documents used in international trade.
9
A
4.1 Defines basic documents like invoice, bill of lading, movement documents (certificate of origin etc.), packing list, weight list etc. used in international trade.
9
A
5. Will be able to explain basic payment terms (except letter of credit) used in international trade.
9
A
Teaching Methods:
9: Lecture Method
Assessment Methods:
A: Traditional Written Exam
Course Outline
Order
Subjects
Preliminary Work
1
Will be able to define International trade and differentiate between local trade.
2
Will be able to define standard applications in international trade and can explain International Sales Contract clauses.
3
Will be able to use ITC (International Trade Center) Trade Map Application.
4
Will define International Commercial Terms (INCOTERMS) used for Sea Transportation only.
5
Will define INCOTERMS used for all modes of transport.
6
Will define basic documents used in international trade.
7
Will explain transportation documents used in international trade.
8
Will define international trade payment terms.
9
Will differentiate payment against documents and acceptance payment methods used in international trade.
10
Explains advance payment, open account payment terms.
11
Defines letter of guarantee types.
12
Letter of Guarantees and Types of Standby Letter of Credits
Resources
(1) Grath, A. (2011). The handbook of international trade and finance: the complete guide to risk management, international payments and currency management, bonds and guarantees, credit insurance and trade finance. Kogan Page Publishers.
(2) ICC Uniform Rules for Collections, ICC Publication No. 522E, 1995
[1] http://mebis.medipol.edu.tr adress will cover the related links.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical issues in the field of International Trade and Finance (ITF).
X
2
Describes the necessary quantitative and statistical methods in the field of ITF.
3
Uses at least one computer program in the field of ITF.
4
Sustains proficiency in a foreign language required in ITF.
5
Prepares trade and finance projects and leads teams.
X
6
Constantly updates himself / herself by following developments in science and technology with an understanding of the importance of lifelong learning through critically evaluating the knowledge and skills that s/he has got.
7
Uses theoretical and practical expertise in the field of ITF.
X
8
Follows up-to-date technology using a foreign language at least A1 level, holds verbal / written communication skills.
9
Adopts organizational / institutional and social ethical values.
10
Within the framework of community involvement, adopts social responsibility principles and takes initiative when necessary.
11
Uses and analyses basic facts and data in various disciplines (economics, finance, sociology, law, business) in order to conduct interdisciplinary studies.
12
Gains expertise in global trade, export and import transactions, customs clearance and financing of foreign trade.
