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
Elective
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.

 



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 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.

X
2

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

X
3

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

X
4

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

X
5

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

X
6

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

X
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.

X
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

X
9

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

X
10

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

X
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) .

X
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”).

X

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