BANKING AND INSURANCE MANAGEMENT (TURKISH)
Associate	TR-NQF-HE: Level 5	QF-EHEA: Short Cycle	EQF-LLL: Level 5

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
LAW3222	Law and Economics	Spring Fall	3	0	3	8

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Non-Departmental Elective
Course Level:	Associate (Short Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Prof. Dr. KADİR EMRE GÖKYAYLA
Course Lecturer(s):	Assoc. Prof. EMİN KÖKSAL
Recommended Optional Program Components:	Optional Course Materials: videos, games, etc.
Course Objectives:	The course aims to put the interaction between the legal system and the market system. It examines why law is necessary for markets to function and it uses economic principles to analyze laws.

Learning Outcomes

The students who have succeeded in this course;
I. Defines the economic theory of property
II. Defines the Coase theorem
III. Defines the economic theory of tort law
IV. Defines the social cost of accidents
V. Identifies the optimum precaution
VI. Defines an economic theory of crime and punishment
VII. Identifies the optimum deterrence
VIII. Defines antitrust law and regulated industries
IX. Analyzes regulated industries
X. Defines privatization and deregulation

Course Content

An economic theory of property,An economic theory of tort law, An economic theory of crime and punishment, An economic theory of contract, Antitrust law and regulated industries, Privatization & Deregulation

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	An introduction to law and economics
2)	An economic theory of property
3)	Topics in the economics of property law
4)	An economic theory of tort law
5)	Topics in the economics of tort liability
6)	An economic theory of crime and punishment
7)	Review
8)	Topics in crime and punishment
9)	An economic theory of contract
10)	Topics in the economics of contract law
11)	Antitrust law and regulated industries
12)	Topics in antitrust law and regulated industries
13)	Privatization
14)	Privatization & Deregulation

Sources

Course Notes / Textbooks:	Law & Economics, Robert Cooter and Thomas Ulen; Pearson Education
References:

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Duration (Hours)	Workload
Course Hours	13	3	39
Study Hours Out of Class	13	13	169
Midterms	1	2	2
Final	1	2	2
Total Workload			212

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	To have the ability to understand the basic concepts of Banking and Insurance and to be able to use them effectively in business.
2)	To have the ability to work individually or in a team when needed on matters related to his/her profession and to follow and apply the developments in his/her sector.
3)	To be equipped with the necessary knowledge to carry out the legal responsibilities and to follow the related regulations in their sector.
4)	To understand the importance of banking and insurance from the point of the state’s economy and enterprises and to express this importance properly.
5)	To be able to use the computer as well as the profession requires and to be able to do work, accumulate knowledge and to use this knowledge relevantly and effectively.
6)	To make them gain the ability to find practical solutions for the problems of daily commercial activities and to take correct decisions.
7)	To be able to take responsibilities in banking and insurance sector and more generally in the finance sector and to be qualified to start his/her own business after the legal requirements have been met.
8)	To have the competency to carry out the accountancy related to banking and insurance.
9)	To have the competency to build effective customer relations and to have effective communication and persuasion skills.
10)	To be able to determine the accumulated knowledge druring the education in line with the cause and effect relations and to be able to have the necessary professional qualifications to know where, when and how to use his/her knowledge.