Kocaeli University / European Credit Transfer System (ECTS)

Name of Lecturer(s)

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

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

Learning Outcomes of the Course Unit

1) EvaluateTurkish economy in the world, economic integrations and the EU.
2) Use foreign exchange and related terms.
3) Describe balance of payments, and causes of imbalances.
4) Explain external balance mechanisms and policies.
5) Evaluate the policy mixes providing internal and external balance.

Program Competencies-Learning Outcomes Relation

		Program Competencies
		1	2	3	4	5	6	7	8	9	10
Learning Outcomes
	1	High	Middle	Middle	High	High	Middle	High	High	Middle	Middle
	2	High	Middle	Middle	High	High	Middle	High	High	Middle	Middle
	3	High	Middle	Middle	High	High	Middle	High	High	Middle	Middle
	4	High	Middle	Middle	High	High	Middle	High	High	Middle	Middle
	5	High	Middle	Middle	High	High	Middle	High	High	Middle	Middle

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Not Required

Course Contents

This course covers international economic integrations, the Europen Union, foreign trade of Turkey, foreign exchange markets, balance of payments theory, causes of balance of payments deficit, balance of payments adjustment mechanism, adjustment policies of balance of payment, macroeconomic policies in open economies, international financial crisis ve financial structure, international capital flows, international factor movements and international economic problems and Turkey.

Weekly Schedule

1) International Economic Integrations
2) The European Union
3) The EU and Monetary Unification
4) Turkey - EU Relations and Foreign Trade of Turkey
5) Foreign Exchange Markets
6) Changes in Exchange Rates
7) Balance of Payments
8) Midterm Exam
9) Causes of Balance of Payment Deficits
10) Adjustment Mechanisms
11) Adjustment Policies
12) Macroeconomic Policies in Open Economies
13) International Financial Crisis and Financial Structure
14) Financial Derivatives
15) International Economic Problems and Turkey
16) Final Exam

Planned Learning Activities and Teaching Methods

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

Assessment Methods and Criteria

Contribution of Midterm Examination to Course Grade	40%
Contribution of Final Examination to Course Grade	60%
Total	100%

Language of Instruction

Turkish

Work Placement(s)