ECONOMICS
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
IF3552 International Finance Fall 3 0 3 7
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: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Assist. Prof. BAHAR KÖSEOĞLU
Course Lecturer(s): Assoc. Prof. UMUT UĞURLU
Recommended Optional Program Components: None
Course Objectives: The course provides appropriate tools and methods to the students in order to study and analyze international financial issues and problems. This course will focus on four main areas of international finance: (1) key economic theories, (2) various financial instruments for risk management, (3) exchange risk management, and (4) international financing and investment issues. The purpose of this course is extending the principles of finance from a single-country setting to a multinational setting and analyzing the dynamics of international finance.

Learning Outcomes

The students who have succeeded in this course;
The student who have succeeded in this course;
1. Understand the environment and factors associated with foreign exchange rate determination.
2. Demonstrate knowledge of international finance terminology.
3. Demonstrate knowledge of the various forms of financial instruments available for foreign exchange risk management.
4. Understand key economic theories that underlie the foundation of international finance.

Course Content

foreign exchange rate determination, international finance terminology, foreign exchange risk management, foundation of international finance.
Teaching methods of the course are “Lecture, Individual Study, Reading, Problem Solving, Discussion”

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Course Overview
2) International Monetary System
3) The Balance of Payments
4) The Foreign Exchange Market
5) The Foreign Exchange Market
6) International Parity Conditions
7) International Parity Conditions
8) MIDTERM EXAM
9) Foreign Exchange Rate Determination and Forecasting
10) International Investment and Financing Decisions
10) Foreign Currency Derivatives
11) Interest Rate Risk and Swaps
12) Transaction Exposure
13) Operating Exposure
14) Course Review

Sources

Course Notes / Textbooks: Multinational Business Finance (Eiteman, D. K., Stonehill, A. I., Moffett M. H., 15th ed, Pearson, 2021, ISBN: 9781292270081)
References: Multinational Business Finance (Eiteman, D. K., Stonehill, A. I., Moffett M. H., 15th ed, Pearson, 2021, ISBN: 9781292270081)

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 14 9.5 133
Midterms 1 1.5 1.5
Final 1 1.5 1.5
Total Workload 175

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) As a world citizen, she is aware of global economic, political, social and ecological developments and trends.  2
2) He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. 2
3) Absorbs basic economic principles and analysis methods and uses them to evaluate daily events.  2
4) Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders.  2
5) Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. 1
6) Comprehends new ways of doing business using digital technologies. and new market structures.  2
7) Takes critical approach to economic and social problems and develops analytical solutions. 1
8) Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. 2
9) In the works he/she contributes, observes individual and social welfare together and with an ethical perspective.   2
10) Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines.  1
11) Generates original and innovative ideas in the works she/he contributes as part of a team.  2