LAW 394 | Course Introduction and Application Information
| Course Name |
International Monetary and Financial Law
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
LAW 394
|
Fall/Spring
|
3
|
0
|
3
|
6
|
| Prerequisites |
None
|
|||||
| Course Language |
English
|
|||||
| Course Type |
Elective
|
|||||
| Course Level |
First Cycle
|
|||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | DiscussionQ&ALecture / Presentation | |||||
| National Occupation Classification | - | |||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | The aim of this course is to explain the basic principles and rules of international and European Union monetary and financial law, and the structures, working methods of international financial institutions and their effects on national economies. |
| Learning Outcomes |
The students who succeeded in this course;
|
| Course Description | The definition, sources, parties of international monetary and financial law will be explained. The structure and functions of the International Monetary Fund (IMF) and the World Bank, which are the institutions of the Bretton Woods System, and their effects on national economies will be discussed. The legal structure, institutions and application of the European Monetary System will be explained. World and Euro Zone economic crises will be evaluated and developments in the international arena will be interpreted. |
| Related Sustainable Development Goals |
|
|
|
Core Courses | |
| Major Area Courses |
X
|
|
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
| Week | Subjects | Related Preparation |
| 1 | Concepts and definitions | Matthias Herdegen, Principles of International Economic Law, p.3-26. |
| 2 | Parties of international economic law | Matthias Herdegen, Principles of International Economic Law, p.27-53 |
| 3 | Sources of international economic law | Matthias Herdegen, Principles of International Economic Law, p.54-64 |
| 4 | Basic principles of international economic system | Matthias Herdegen, Principles of International Economic Law, p.65-76 |
| 5 | Money, monetary systems, exchange rates | Christoph Herman / Corinna Dornacker, International and European Monetary Law, p.1-29 |
| 6 | Bretton Woods system, IMF | Matthias Herdegen, Principles of International Economic Law, p. 501-530 |
| 7 | Bretton Woods system, World Bank | Matthias Herdegen, Principles of International Economic Law, p. 531-563 |
| 8 | Midterm exam | |
| 9 | Legal structure of European monetary system | Christoph Herman / Corinna Dornacker, International and European Monetary Law, p. 63-82 |
| 10 | Institutions of European monetary system | Christoph Herman / Corinna Dornacker, International and European Monetary Law, p. 83-110 |
| 11 | Implementation of European monetary system | Christoph Herman / Corinna Dornacker, International and European Monetary Law, p. 111-128 |
| 12 | World economic crises | Thomas Cottier / John H. Jackson / Rosa M. Lastra, International Law in Financial Regulation and Monetary Affairs, p.9-27 |
| 13 | Crisis in the European monetary union | Christoph Herman / Corinna Dornacker, International and European Monetary Law, p. 129-137 |
| 14 | Transition process to the new international economic system after the financial crisis | Thomas Cottier / John H. Jackson / Rosa M. Lastra, International Law in Financial Regulation and Monetary Affairs, p.357 - 426 |
| 15 | Review of the Semester | |
| 16 | Final Exam |
| Course Notes/Textbooks | Matthias Herdegen, Principles of International Economic Law, Second Edition, Oxford University Press, London, 2016, ISBN 978-0-19-966819-9; Christoph Herman/Corinna Dornacker, International and European Monetary Law, SpringerBriefs in Law, 2017, ISBN 978-3-319-57641-1. |
| Suggested Readings/Materials | Thomas Cottier/John H. Jackson/Rosa M. Lastra (Eds.), International Law in Financial Regulation and Monetary Affairs, Oxford University Press, London, 2012, ISBN 978–0–19–966819–9. |
EVALUATION SYSTEM
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments |
1
|
15
|
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
35
|
| Final Exam |
1
|
50
|
| Total |
| Weighting of Semester Activities on the Final Grade |
2
|
50
|
| Weighting of End-of-Semester Activities on the Final Grade |
1
|
50
|
| Total |
ECTS / WORKLOAD TABLE
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
| Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
| Study Hours Out of Class |
8
|
4
|
32
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
0
|
||
| Portfolio |
0
|
||
| Homework / Assignments |
1
|
20
|
20
|
| Presentation / Jury |
0
|
||
| Project |
0
|
||
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
35
|
35
|
| Final Exam |
1
|
45
|
45
|
| Total |
180
|
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
|
#
|
Program Competencies/Outcomes |
* Contribution Level
|
|||||
|
1
|
2
|
3
|
4
|
5
|
|||
| 1 |
To be able to possess the knowledge in legal terminology, concepts and principles. |
X
|
-
|
-
|
-
|
-
|
|
| 2 |
Solves the legal problems with an analytic and integral point of view. |
-
|
X
|
-
|
-
|
-
|
|
| 3 |
Evaluates the legal knowledge and abilities obtained with a critical approach. |
-
|
X
|
-
|
-
|
-
|
|
| 4 |
Evaluates the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions. |
-
|
-
|
X
|
-
|
-
|
|
| 5 |
Is conscious of social, professional and scientific principles of ethic behaviour. |
-
|
-
|
-
|
-
|
-
|
|
| 6 |
Takes responsibility in solving problems by creative and innovative thinking. |
-
|
-
|
-
|
-
|
-
|
|
| 7 |
Interprets the sources of law by ways of legal methodology. |
-
|
X
|
-
|
-
|
-
|
|
| 8 |
To be able to interpret the legal norms with a sense of justice respectful to human rights and in the light of principles of democratic, secular and social state of law. |
X
|
-
|
-
|
-
|
-
|
|
| 9 |
To be able to use the daily scientific sources and court judgments in the framework of life time learning approach. |
X
|
-
|
-
|
-
|
-
|
|
| 10 |
Informs the related persons and institutions about legal matters both verbally and in written. |
-
|
-
|
-
|
-
|
-
|
|
| 11 |
Monitors the daily legal information/court decisions and interacts with the colleagues in a foreign language (“European Language Portfolio Global Scale” Level B1). |
-
|
X
|
-
|
-
|
-
|
|
| 12 |
Uses the information and communication technology together with the computer programs in a level required by the area of law (“European Computer Driving Licence, Advanced Level”). |
-
|
-
|
-
|
-
|
-
|
|
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
