COURSE INTRODUCTION AND APPLICATION INFORMATION


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;
  • Describe the basic international monetary and financial notions
  • Explain the sources and parties of international economic law
  • Analysis the basic principles of international economic system
  • Discuss the principal international financial doctrines
  • Describe the structure and functions of international financial institutions
  • Interpret on the recent issues about financial crises in Eurozone and the rest of the world
  • Discuss the opinions on transition process to the new international economic system after the financial crisis
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.

 



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 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

 

Suggested Readings/Materials

Notes given by the lecturer.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
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

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
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

 

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