| 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 | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| 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;
|
| Course Description | 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. |
| Related Sustainable Development Goals |  |
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| Core Courses | |
| Major Area Courses | X | |
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Concepts and definitions | Herdegen (2016), p.3-26 |
| 2 | Parties of international economic law | Herdegen (2016), p.27-53 |
| 3 | Sources 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 | |
| 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 | Notes given by the lecturer |
| 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 | |
| 16 | Final Exam |
| Course Notes/Textbooks | Mattias Herdegen, Principles of International Economic Law, Second Edition, Oxford University Press, London, 2016 Christoph Herman, Corinna Dornacker, International and European Monetary Law, SpringerBriefs in Law, 2017
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| Suggested Readings/Materials | Notes given by the lecturer. |
| Semester Activities | Number | Weighting |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | 1 | 15 |
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 35 |
| Final Exam | 1 | 50 |
| Total |
| Weighting of Semester Activities on the Final Grade | 2 | 50 |
| Weighting of End-of-Semester Activities on the Final Grade | 1 | 50 |
| Total |
| 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 | 32 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | 1 | 20 | |
| Presentation / Jury | |||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 35 | |
| Final Exams | 1 | 45 | |
| Total | 180 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to possess the knowledge in legal terminology, concepts and principles. | X | ||||
| 2 | Solves the legal problems with an analytic and integral point of view. | X | ||||
| 3 | Evaluates the legal knowledge and abilities obtained with a critical approach. | X | ||||
| 4 | Evaluates the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions. | X | ||||
| 5 | Is conscious of social, professional and scientific principles of ethic behaviour. | X | ||||
| 6 | Takes responsibility in solving problems by creative and innovative thinking. | X | ||||
| 7 | Interprets the sources of law by ways of legal methodology. | X | ||||
| 8 | To be able to interpret the legal norms with a sense of justice respectful to human rights and in the light of principles of democratic, secular and social state of law. | X | ||||
| 9 | To be able to use the daily scientific sources and court judgments in the framework of life time learning approach. | X | ||||
| 10 | Informs the related persons and institutions about legal matters both verbally and in written. | X | ||||
| 11 | Monitors the daily legal information/court decisions and interacts with the colleagues in a foreign language (“European Language Portfolio Global Scale” Level B1). | X | ||||
| 12 | Uses the information and communication technology together with the computer programs in a level required by the area of law (“European Computer Driving Licence, Advanced Level”). | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
