COURSE INTRODUCTION AND APPLICATION INFORMATION


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Course Name
International Monetary and Financial Law
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
LAW 464
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 is to explain basic principles of international and European Union monetary and financial law and its institutuions, to introduce economical rationales of internaitonal monetary and financial system, to teach legal and economical aspect of international regulations
Learning Outcomes The students who succeeded in this course;
  • Will define basic international monetary and financial notions
  • Will know about the sources and parties of international economic law
  • Will know about basic principles of international economic system
  • Will be able to explain principal international financial doctrines
  • Will be able to evaluate the structure and functions of international financial institutions
  • Will be able to evaluate European Union financial and fiscal structure and the link between these structures and institutions
  • Will be able to interpret recent issues about financial crises in Eurozone and the rest of the world
  • Will have knowledge about the transition process to the new international economic system after the financial crisis
  • Will have knowledge about the transition process to the new international economic system after the financial crisis
Course Content Definiton, sources and parties of international monetary law will be explained. Basic principles of international economic system will be explained. The structure of Bretton Woods system, its development, the structure of International Monetary Fund (IMF) and World Bank will be explained. Legal structure, institutions and the implementation of Eurozone Monetary System will be explained. World and Eurozone financial crises will be evaluated and recent internaitonal developments will be discussed.

 



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 Concepts and definitions Herdegen (2016), p.3-26
2 Parties of international economic law Herdegen (2016), p.27-53
3 Parties of international economic law Herdegen (2016), p.54-64
4 Basic principles of international economic system Herdegen (2016), p.65-76
5 Money, monetary systems, exchange rates Herman and Dornacher (2017), p.1-29
6 Bretton Woods system, IMF Herdegen (2016), p. 501-530
7 Bretton Woods system, World Bank Herdegen (2016), p. 531-563
8 Midterm exam Notes given by the lecturer
9 Legal structure of European monetary system Herman and Dornacher (2017), p. 63-82
10 Institutions of European monetary system Herman and Dornacher (2017), p. 83-110
11 Implementation of European monetary system Herman and Dornacher (2017), p. 111-128
12 World economic crises Cottier, Jackson, Lastra (2012) p. 9- 30
13 Crisis in the European monetary union Herman and Dornacher (2017), p. 129-137
14 Transition process to the new international economic system after the financial crisis Notes given by the lecturer
15 Review of semester Notes given by the lecturer
16 Final Exam
Course Textbooks
  1. Mattias Herdegen, Principles of International Economic Law, Second Edition, Oxford University Press, London, 2016
  2. Christoph Herman, Corinna Dornacker, International and European Monetary Law, SpringerBriefs in Law, 2017
  3. Thomas Cottier, John H. Jackson, Rosa M. Lastra, International Law in Financial Regulation and Monetary Affairs, Oxford University Press, 2012
 
References

Notes given by the lecturer.

 

EVALUATION SYSTEM

Semester Requirements Number Percentage
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
40
Final / Oral Exam
1
50
Total

Contribution of Semester Work to Final Grade
2
50
Contribution of Final Work to Final Grade
1
50
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
15
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
30
Final / Oral Exam
1
40
    Total
163

 

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