COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
The Law of International Payments
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
LAW 462
Fall/Spring
3
0
3
6
Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
First Cycle
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives Acquisition of knowledge ınternational payment ınstitutions and systems
Learning Outcomes The students who succeeded in this course;
  • Interpret systems and forms of international payment
  • Analyze the relationship between international payment institutions and legal institutions
  • Explain the international payment systems
  • Evaluate the function of World Trade Organisation
  • Explain the legal structure in the scope of classification of international payments
  • Evaluate the rules of international exchange
  • Interpret the current financial crisis.
Course Content International systems and institutions will be evaluated , World Trade Organisation, sanctions and classification of international payments will be evaluated, the concept nominalizm will be evaluated.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Payment Systems Lastra, R.M. (2015): International Financial and Monetary Law, second edition, Oxford University Press, United Kingdom, Chapter 1
2 Classification of international payments (1) Lowenfeld, A. F. (2009): International Economic Law, Second edition, International Economic Law Series, Oxford University Press, Oxford - New York, Chapter 1,2
3 Classification of international payments (2) Proctor (2012): Mann on the Legal Aspect of Money, seventh edition, Oxford University Press, Oxford - New York, Chapter 2,3
4 The principles of nominalizm Lowenfeld, A. F. (2009): International Economic Law, Second edition, International Economic Law Series, Oxford University Press, Oxford - New York, Chapter 3 Lastra, R.M. (2015): International Financial and Monetary Law, second edition, Oxford University Press, United Kingdom, Chapter 3,4
5 Sanctions of monetary obligations Lowenfeld, A. F. (2009): International Economic Law, Second edition, International Economic Law Series, Oxford University Press, Oxford - New York, Chapter 5 Proctor (2012): Mann on the Legal Aspect of Money, seventh edition, Oxford University Press, Oxford - New York, Chapter 5
6 World Trade Organisation 1 Notes given by the ınstructor https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S005.aspx
7 World Trade Organisation 2 Notes given by the ınstructor https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S005.aspx
8 The Rules of ICC 1 Notes given by the ınstructor http://www.iccwbo.org/Training-and-Events/All-events/Events/2015/Emergency-arbitration-under-ICC-rules-a-mock-case/
9 Mid Term
10 The Rules of ICC 2 Notes given by the ınstructor http://www.iccwbo.org/Training-and-Events/All-events/Events/2015/Emergency-arbitration-under-ICC-rules-a-mock-case/
11 Rules of exchange 1 Lastra, R.M. (2015): International Financial and Monetary Law, second edition, Oxford University Press, United Kingdom, Chapter 6
12 Rules of exchange 2 Lastra, R.M. (2015): International Financial and Monetary Law, second edition, Oxford University Press, United Kingdom, Chapter 7
13 International Financial Institutions Proctor (2012): Mann on the Legal Aspect of Money, seventh edition, Oxford University Press, Oxford - New York, Chapter 6 http://down.cenet.org.cn/upfile/36/2006748243119.pdf
14 Current financial matters Notes given by the ınstructor
15 Review of semester Notes given by the ınstructor
16 Final Exam
Course Textbooks Lastra, R.M. (2015): International Financial and Monetary Law, second edition, Oxford University Press, United Kingdom Lowenfeld, A. F. (2009): International Economic Law, Second edition, International Economic Law Series, Oxford University Press, Oxford - New York Proctor (2012): Mann on the Legal Aspect of Money, seventh edition, Oxford University Press, Oxford - New York
References

 

EVALUATION SYSTEM

Semester Requirements Number Percentage
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Midterms / Oral Exams
1
30
Final / Oral Exam
1
45
Total

Contribution of Semester Work to Final Grade
1
45
Contribution of Final Work to Final Grade
1
55
Total

ECTS / WORKLOAD TABLE

Activities Number Duration (Hours) Workload
Course Hours
Including exam week: 16 x total hours
16
3
48
Laboratory / Application Hours
Including exam week: 16 x total hours
16
Study Hours Out of Class
16
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Midterms / Oral Exams
1
24
Final / Oral Exam
1
30
    Total
165

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Qualifications / Outcomes
* Level of Contribution
1
2
3
4
5
1 To solve problems, to have analytical and holistic viewpoint and to develop strategic thinking as a principle in the field of law X
2 It is aimed to graduate students whom are able to critique what they have already learn in the field of law, adopting lifelong learning and continuously developing themselves X
3 It is aimed to graduate students whom are able to analyze and interpret their academic knowledge and express their solutions regarding legal problems both oral and written X
4 It is aimed to graduate students whom are able to understand the legal concepts and ideas in both national and multinational settings and practice cross disciplinary and comparative analysis X
5 To be aware of principles of social, occupational, and legal ethics X
6 To create solutions with creative and innovative motives when coming across with unexpected legal situations, and be able to apply the academic gain during new and unconventional occasions X
7 Acquiring leadership qualifications and applying them successfully X
8 Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, vulnerable to criticism and having self confidence X
9 To be able to reach the latest scientific resources, court decisions and other sources of law and be able to transfer the academic knowledge to real life with both national and international thinking X
10 To know and act according to the social, scientific and ethical values under any circumstances such as data collection, interpretation, announcing and practicing regarding legal, social and political progress X
11 To be able to use a foreign language as fluent as possible for both pursuing the legal information and court decisions and developing proper communication with colleagues from other countries, ("European Language Portfolio Global Scale", Level B1) X
12 Above average in both written and spoken of a second foreign language X
13 Able to use computer programs and technology to an adequate level required by the field of law ("European Computer Driving License", Advanced Level") X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest