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
4
Prerequisites
None
Course Language
English
Course Type
Service Course
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
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 Description 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.
Related Sustainable Development Goals

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
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 Notes/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
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
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
45
Total

Weighting of Semester Activities on the Final Grade
1
45
Weighting of End-of-Semester Activities on the Final Grade
1
55
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
3
48
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
24
Final Exams
1
30
    Total
165

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to possess the knowledge in legal terminology, concepts and principles.

2

To be able to solve the legal problems with an analytic and integral point of view.

3

To be able to evaluate the legal knowledge and abilities obtained with a critical approach.

4

To be able to evaluate the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions.

5

To be able to have awareness of social, professional and scientific principles of ethic behaviour.

6

To be able to take responsibility in solving problems by creative and innovative thinking.

7

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.

8

Working efficiently and effectively, learning how to be a team member, taking responsibilities, being open minded, constructive, open to criticism and having self confidence

9

To be able to use the daily scientific sources and court judgments in the framework of life time learning approach.

10

To be able to inform the related persons and institutions about legal matters both verbally and in written.

11

To be able to monitor the daily legal information/court decisions and interacts with the colleagues in a foreign language (“European Language Portfolio Global Scale” Level B1) .

12

To be able to use 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”).

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