ECTS - Foreign Exchange Regulations and Applications

Foreign Exchange Regulations and Applications (LOG312) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Foreign Exchange Regulations and Applications LOG312 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer.
Course Coordinator
Course Lecturer(s)
  • Asst. Prof. Dr. Neslihan Turguttopbaş
Course Assistants
Course Objectives Aim is to give students a good foundation about the national and international financial markets and an understanding about Turkish foreign exchange regulation and its applications
Course Learning Outcomes The students who succeeded in this course;
  • To develop an understanding the functions of the Money, how it is created and Money theory as well as the functioning of the money markets
  • To be familiar with FX markets, the actors in those markets, the process of determination of the exchange rates and spot and forward rates
  • To explain currency and interest rate derivatives
  • To acknowledge fixed and floating Exchange rate policies and their historical evolution
  • To explain the functions of the international institutions ruling the financial markets such as IMF, World Bank and BIS
  • To have in-debth knowledge about Turkish FX markets and the provisions of the Decision No:32 rulling the FX denominated transactions
Course Content Money markets, money theory, FX markets, derivative transactions, functions of IMF, World Bank and BIS, capital movements.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Money markets and the actors operating in the money markets Section 1.1: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
2 The functions of the money Section 1.1: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
3 Money theory, the demand and supply of money Section 1.2: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
4 FX markets, spot and forward FX transactions Section 2.1-5: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
5 Derivative transactions Section 2.1-5: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
6 Monetary policies Section 5: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
7 Midterm Exam Midterm Exam
8 The functions of IMF, World Bank and BIS in the international money and FX markets Section 6: An Introduction to International Money and Foreign Exchange Markets Charles Van Marrewijk
9 Turkish FX markets in the period before 1980s Lecture Notes 1-30
10 The Articles about TL, FX Transactions and Precious Metals Articles 1-2: Decision No:32 rulling FX transactions
11 Foreign trade transactions and invisible transactions Articles 3-4: Decision No:32 rulling FX transactions
12 Capital movements Articles 5: Decision No:32 rulling FX transactions
13 Capital movements-loans from abroad Articles 5: Decision No:32 rulling FX transactions
14 The evaluation of the examples of applications Lecture notes 31-44
15 Review and applications Lecture notes 1-50
16 Final Exam Final Exam

Sources

Course Book 1. An Introduction to International Money and Foreign Exchange Markets, Charles Van Marrewijk http://www.adelaide.edu.au/cies/papers/0407.pdf
Other Sources 2. Ders Notları ve Mevzuat

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 40
Final Exam/Final Jury 1 50
Toplam 3 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics
2 Acquiring the skills of macro level economic analysis
3 Acquiring the skills of micro level economic analysis
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level
5 Learning different approaches on economic and related issues
6 Acquiring the quantitative and/or qualitative techniques in economic analysis
7 Improving the ability to use the modern software, hardware and/or technological devices
8 Developing intra-disciplinary and inter-disciplinary team work skills X
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning
10 Adopting work ethic and social responsibility
11 Developing the skills of communication.
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 40 40
Prepration of Final Exams/Final Jury 1 50 50
Total Workload 90