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Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | İKT307.2B2 | Foreign Trade Practices | Elective | 3 | 5 | 5 |
| Level of Course Unit | First Cycle | Objectives of the Course | The aim of this course is to teach the basic concepts and applications relating foreign trade. | Name of Lecturer(s) | Dr. Öğr. Üyesi Ramazan Sayar | Learning Outcomes | 1 | To be able to comprehend the basic concepts and rules of foreign trade | 2 | To be able to analyze delivery and payment methods in foreign trade comparatively | 3 | To be able to explain the Turkish foreign trade system, process and functioning | 4 | To be able to distinguish the characteristics of financial obligations for foreign trade | 5 | To be able to explain the basic elements, characteristics and functioning of customs duty |
| Mode of Delivery | Normal Education | Prerequisites and co-requisities | None | Recommended Optional Programme Components | None | Course Contents | Basic concepts, value added tax, Eximbank, factoring, forfaiting, export promotions, transaction costs. | Weekly Detailed Course Contents | |
1 | International Economics and International Trade Theory, Classical International Trade Theories, | | | 2 | New International Trade Theories, Skilled Labor Theorem, Theorem of Technological Gap, Product Cycle Model, Theorem of Similarity in Preferences, Economies of Scale Theorem, The Monopolistic Competition Theorem, | | | 3 | Policies of Foreign Trade, Objectives of Foreign Trade Policy, Instruments of Foreign Trade Policy, Historical Foreign Trade Policies. | | | 4 | Import Quotas, Import Bans, Exchange Control, System of Multiple Exchange Rate, The new protectionism Voluntary Exports Restrictions, Standards of Health, Security and Environment, Administrative Regulations. | | | 5 | Exports Subsidies, Variable Levy on Imports, Exports Taxes, Cartels and Monopoly of Exports. | | | 6 | Exchange Markets, Exchange Supply and Demand, | | | 7 | Balance of Payments, Account Groups, Causes of Foreign Trade Deficit, Foreign Trade Documents, Commercial Documents, Transport Documents, Official Documents and Other Documents. | | | 8 | Mid-term exam | | | 9 | Foreign Trade Delivery Forms, Ex Works, Free Carrier, Free Alongside Ship, Free on Board, Cost, Insurance and Freight, Delivered Ex Ship, Delivered Ex Quay | | | 10 | Foreign Trade Payments, Cash Payments. | | | 11 | Letter of Credit, Letter of Credit Features, Letter of Credit Types. | | | 12 | Export Operations, Export Forms, Stages of Export Process. | | | 13 | Import Operations, Stages of Import Process. | | | 14 | Basic Exchange Concepts, Convertibility, Exchange Rate Systems, Fixed Rates, Flexible Rates | | | 15 | Foreign Exchange Transactions on Export, Foreign Exchange Transactions on Import | | | 16 | Final Exam | | |
| Recommended or Required Reading | Çelik, Kenan, Kalaycı, Cemalettin ve Sandalcılar, A. Rıza, (2008), Dış Ticaret İşlemleri Yönetimi, Murathan Yayınevi, Trabzon. | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | Turkish | Work Placement(s) | None |
| Workload Calculation | |
Midterm Examination | 1 | 1 | 1 | Final Examination | 1 | 1 | 1 | Attending Lectures | 14 | 3 | 42 | Self Study | 14 | 4 | 56 | Individual Study for Mid term Examination | 10 | 2 | 20 | Individual Study for Final Examination | 10 | 3 | 30 | |
Contribution of Learning Outcomes to Programme Outcomes | LO1 | 4 | 2 | 5 | 4 | 3 | 2 | 1 | LO2 | 5 | 4 | 4 | 4 | 3 | 2 | 1 | LO3 | 4 | 5 | 4 | 3 | 4 | 3 | 2 | LO4 | 3 | 4 | 3 | 4 | 3 | 4 | 2 | LO5 | 4 | 4 | 3 | 3 | 3 | 4 | 1 |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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