School/Faculty/Institute Faculty of Economics, Administrative and Social Sciences
Course Code BUS 336
Course Title in English International Trade
Course Title in Turkish Uluslararası Ticaret
Language of Instruction EN
Type of Course Flipped Classroom
Level of Course Intermediate
Semester Fall
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 125 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites None
Co-requisites None
Expected Prior Knowledge None
Registration Restrictions Only Undergraduate Students
Overall Educational Objective To discuss the foundations of main trade theories and practices, provide basic procedures and documentation of international trade, as well as import-export related topics and concepts and to enable them to evaluate and discuss the requirements of documents and payment methods in the classroom environment.
Course Description This course mainly focuses on introducing the students with the practices of foreign trade operations, besides giving an overall perspective about major trade theories. Throughout the course, the students will be working individually or in groups, on topics of global trading which deal with the most important aspects of importing and exporting, including approaches to them, required documents, payment methods, financing options, shipping, insurance, marketing, and legal and strategic dimensions. The highly interactive, outcome-based modules are also designed to show the students the methods of minimizing major risks while maximize sales and reducing costs.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) Understand the export and imports processes
2) Gain the skill sets required and assess a company's readiness to export and import
3) Identify the major international trading documents required by governments, banks, exports factors, insurance and transportation companies
4) Understand International Commercial Terms (INCOTERMS)
5) Assess different payment and financing options and select those most appropriate for the intended operation
6) Classify and understand major insurance coverage options
7) Learn different types of L/C’s in detail
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4 5 6 7
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology.
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation.
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes.
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts.
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline.
6) Internalization and dissemination of professional ethical standards.
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences.
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level).
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity.
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement.
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses.
12) Ability to acquire knowledge independently, and to plan one’s own learning.
13) Demonstration of advanced competence in the clarity and composition of written work and presentations.

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. N
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. N
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. H Exam,HW,Participation
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. N
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. N
6) Internalization and dissemination of professional ethical standards. N
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. N
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). N
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. S Participation
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. S HW,Participation
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. N
12) Ability to acquire knowledge independently, and to plan one’s own learning. S Exam,HW
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. H Exam,HW
Prepared by and Date HANDE KARADAĞ , May 2023
Course Coordinator CEYHAN MUTLU
Semester Fall
Name of Instructor Prof. Dr. HANDE KARADAĞ

Course Contents

Week Subject
1) Basic Concepts of International Trade
2) Risks in International Trade
3) The Flow of Export Import Operations
4) Export operations in detail
5) Import and Customs Operations
6) Documents in International Trade 1
7) Mid term exam
8) Documents in International Trade 2
9) Payment Methods in International Trade 1
10) Payment Methods in International Trade 2
11) L/C s Letters of Credit
12) Factoring and Forfaiting
13) Export subsidies and other support mechanisms
14) Delivery of Term Projects
15) Final Projects Period
16) Final Projects Period
Required/Recommended Readings-
Teaching MethodsFlipped learning, project focused
Homework and ProjectsNone
Laboratory WorkNone
Computer UsePersonal Notebook
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 30
Project 1 % 35
Midterm(s) 1 % 35
TOTAL % 100
Course Administration hande.karadag@mef.edu.tr

The instructor may act as facilitator for class/group discussions and observe how each student contributes / adds value to the discussed topic. The topic may either cover previous material or assigned new material from videos and book chapters. Homework, if assigned, must be submitted on time and in the requested format. Late submission will not be accepted. This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. If you are sick on the day of the exam you need to submit a legitimate doctor’s report explicitly stating that your excuse prevents you from taking the exam in line with university regulations. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation.

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 2 3 2 98
Project 1 12 2 1 15
Midterm(s) 1 10 2 12
Total Workload 125
Total Workload/25 5.0
ECTS 5