Kocaeli University / European Credit Transfer System (ECTS)

Name of Lecturer(s)

Prof. Dr. Yusuf BAYRAKTUTAN
Prof. Dr. Selçuk KOÇ
Assistant Prof. Dr. Hanife BIDIRDI

Learning Outcomes of the Course Unit
Program Competencies-Learning Outcomes Relation

Learning Outcomes of the Course Unit

1) Remembering exchange rates and related concepts.
2) Identifying exchange rate regimes.
3) Explaining the theories explaining changes of exchange rates.
4) Discussing IMF and monetary unification.
5) Evaluating foreign exchange markets.

Program Competencies-Learning Outcomes Relation

		Program Competencies
		1	2	3
Learning Outcomes
	1	Middle	Middle	Middle
	2	High	High	High
	3	Middle	Middle	Middle
	4	Middle	Middle	Middle
	5	High	High	High

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

This course equips candidates with in-depth knowledge on foreign exchange, exchange rate, exchange rate systems, theories on the changes of exchange rates, pros and cons of changes in exchange rates.

Weekly Schedule

1) Introduction
2) Basic Concepts
3) Exchange Rate Markets and Main Actors
4) International Payment System and the IMF
5) Fixed Exchange Rate System
6) Floating Rate System
7) Mixed Systems
8) Midterm
9) Money Zones and Monetary Unification
10) The EU and Monetary Union
11) Convergance Criteria of the EU
12) Changes in Exchange Rates
13) External Balance and Exchange Rates
14) Parity Conditions
15) Money Crisis
16) Final Exam

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Self Study

Assessment Methods and Criteria

Contribution of Semester Studies to Course Grade

40%

		Number	Percentage
Semester Studies	Midterm Examination	1	50%
Semester Studies	Presentation/Seminar	1	50%

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

Turkish

Work Placement(s)