11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


dm.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall/Spring
Prerequisites
 ECON 101To succeed (To get a grade of at least DD)
andECON 102To succeed (To get a grade of at least DD)
andMATH 101To succeed (To get a grade of at least DD)
andMATH 102To succeed (To get a grade of at least DD)
Course Language
Course Type
Elective
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • Will be able to explain all money matters, all kinds of foreign exchange dealings, and all banking practices including deposits, consumer credits, and other consumer oriented services of commercial banks.
  • Will be able to analyze money and all monetary issues both theoretically and experimentally.
  • Will be able to discuss foreign exchange earning activities given the fact that the Turkish economy has been geared for some years to export led macro growth model.
  • Will be able to give knowledge of foreign trade at a basic level.
  • Will be able to explain the requirements and essentials of exporting commodities and services.
Course Description

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Money & Monetary Policy & Banks and BankingBrief History of Turkish Banking The Money and Banking Course Notes by Mr Halit Soydan
2 Capital Market Experiments of the Ottomans & the Republican Era & Legislative Framework for Banking in Turkey Relevant Chapter and Sections of the Course Notes of Mr Soydan
3 Banking Techniques & Capital AdequacyExchange Adequacies & RiskWeighted Capital Base Ratio in Turkish Banking The Regulatory and Supervisory Authority for Turkish Banking regulations are suggested to be examined
4 Basic Forex (Foreign Exchange) DefinitionsOther Foreign Exchange Ratios for Banks in TurkeyInterest Rates in Turkish Banking & Real Interest RatesTaxation on Interest Earnings in Turkey at Present Time The Bank for International Settlements' WEB pages are advised to be read
5 The Mathematics of Interest RatesSimple Interest Concepts and Discounting Notations The Course Notes of Mr. Soydan
6 Interest Calculations in Securities BusinessSome Practical Capital Market FormulasFuture and Present Value on Zero Coupon SecuritiesPresent Value on Securities with Coupons (Clean Method)Present Value on Securities with Coupons (Dirty Method) Mr. F Mishking’s relevant textbook is suggested to be read
7 Reserve Requirements and Solvency Rules for Banks in TurkeyTransaction Tax and Other Charges in Turkish BankingBanking and Insurance Transaction TaxSupport Fund for Selffinancing (KKDF)Support and Price Stability Fund (DEFIF)Turk Eximbank Facilities Mr. Halit Soydan’s Course Notes and Turkish Central Benk’s WEB pages are to be consulted
8 TRLIBORCheck Regulations in TurkeySyndicated LoansMoney Laundering The Commercial Code of Turkey and relevant Acts, and Mr. Soydan’s Course Notes recommended to be read before the class discussions
9 Graphic Explanation of Interest Rate Caps, Floors and CollarsInterest Rate forwardsInterest Rate Swaps The relevant sections of Mr. Soydan’s Course Notes
10 Foreign Exchange Forwards (Outright forwards)Foreign Exchange SwapsFX SwapsMoney Swaps Various internet addresses are suggested, and Mr. Soydan’s Course Notes are consulted
11 The Role of Commercial Banks in Handling and Financing of Foreign TradePayment Systems in Foreign TradeDocumentary Credits (also known as letters of credit) and UCP 500 RulesThe L/C Application to a Bank Exchange Control regulations of Turkey are read for class discussions
12 Trade Terms in International Contracts, INCOTERMSShipping DocumentsMarine Insurance in a Nutshell The International Chamber of Commerce and Lloyds several resources are given to the students prior to the class discussions
13 Managing Currency Risk in Regard to L/CsOther Financial Institutions in Turkey BASEL I and II are explained by Mr. Halit Soydan
14 LeasingFactoring and ForfaitingExchange Bureaus (Money Changers) The Turkish Treasury’s WEB pages and Mr. Soydan’s Course Notes are suggested
15 Consumer Loan CompaniesCapital Markets Mr. Soydan’s published book of The Capital Markets is suggested to have a look
16 Review of the Semester  
Course Notes/Textbooks Mr. Halit Soydan’s own Course Notes , and Mr. Soydan’s published book: The Capital Markets
Suggested Readings/Materials Economics of Money, Banking, and Financial Markets by Frederic S. Mishkin

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
16
15
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
1
30
Final Exam
1
40
Total

Weighting of Semester Activities on the Final Grade
60
Weighting of End-of-Semester Activities on the Final Grade
40
Total

ECTS / WORKLOAD TABLE

Semester 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
2
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
15
Final Exams
1
25
    Total
135

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To have a grasp of basic mathematics, applied mathematics and theories and applications of statistics.
2 To be able to use theoretical and applied knowledge acquired in the advanced fields of mathematics and statistics,
3 To be able to define and analyze problems and to find solutions based on scientific methods,
4 To be able to apply mathematics and statistics in real life with interdisciplinary approach and to discover their potentials, X
5 To be able to acquire necessary information and to make modeling in any field that mathematics is used and to improve herself/himself, X
6 To be able to criticize and renew her/his own models and solutions,
7 To be able to tell theoretical and technical information easily to both experts in detail and nonexperts in basic and comprehensible way,
8

To be able to use international resources in English and in a second foreign language from the European Language Portfolio (at the level of B1) effectively and to keep knowledge up-to-date, to communicate comfortably with colleagues from Turkey and other countries, to follow periodic literature,

9

To be familiar with computer programs used in the fields of mathematics and statistics and to be able to use at least one of them effectively at the European Computer Driving Licence Advanced Level,

10

To be able to behave in accordance with social, scientific and ethical values in each step of the projects involved and to be able to introduce and apply projects in terms of civic engagement,

11 To be able to evaluate all processes effectively and to have enough awareness about quality management by being conscious and having intellectual background in the universal sense,
12

By having a way of abstract thinking, to be able to connect concrete events and to transfer solutions, to be able to design experiments, collect data, and analyze results by scientific methods and to interfere,

13

To be able to continue lifelong learning by renewing the knowledge, the abilities and the compentencies which have been developed during the program, and being conscious about lifelong learning,

X
14

To be able to adapt and transfer the knowledge gained in the areas of mathematics and statistics to the level of secondary school,

15

To be able to conduct a research either as an individual or as a team member, and to be effective in each related step of the project, to take role in the decision process, to plan and manage the project by using time effectively.

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

 

İzmir Ekonomi Üniversitesi | Sakarya Caddesi No:156, 35330 Balçova - İZMİR Tel: +90 232 279 25 25 | webmaster@ieu.edu.tr | YBS 2010