COURSE UNIT TITLE

: FOREING TRADE TRANSACTIONS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MTS 3033 FOREING TRADE TRANSACTIONS ELECTIVE 2 0 0 3

Offered By

Faculty of Engineering

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

Offered to

Industrial Engineering
Textile Engineering
Mechanical Engineering
Mechanical Engineering (Evening)
Industrial Engineering (Evening)
Mining Engineering (Evening)
Geophysical Engineering
Mining Engineering
Metallurgical and Materials Engineering
Environmental Engineering
Geological Engineering (Evening)
Civil Engineering
Civil Engineering (Evening)

Course Objective

Although, the international trade (foreign trade) is an old economic activity, it is increasingly becoming a more complex activity requiring specialization due to globalizing economic relations. The main rules of international trade, exportation-importation techniques and transactions, preparation of documents and risks, delivery-payment conditions and types, organizations of export-import, coordination of foreign trade departments of companies, preparations of foreign trade documents and evaluation, exchange and custom regulations, free zones, support of export and investment, unions of foreign trade, global organizations, and E-trade are the certain subjects that an engineer may encounter. A person who has an engineering education, working in a corporate or his/her own company, will exactly need this knowledge at any stage of his/her profession in terms of projects, production, exploration, theoretical and/or applied work. Even he/she does not foreign trade by himself/herself, it is important to follow up the future of the procedures at any stage of exporting or importing of the goods. Case studies and application examples from real life will be given along with the theoretical knowledge, thus encouraging doing foreign trade and/or following its procedures either in his/her field or others.

Learning Outcomes of the Course Unit

1   He/she will be able to describe main foreign trade terminology
2   He/she will be able to make a basic road map on exchange and custom regulations
3   He/she will be able to define payment, transportation and delivery terms according to exporting-importing procedure specifications, to give an offer, and to understand the importance and the meaning of risk management
4   He/she will be able to prepare and read documents of foreign trade (e.g., proforma invoice, invoice, the list of goods, consignment, custom and other statements, the certification of movement, bank documents, fumigation, or other certificates, insurence, etc.)
5   He/she will learn the calculations of exemptions and refund of tax
6   He/she learn foreign trade companies, national and international corporations supporting foreign trade and maintaining of relationships
7   He/she will know the ways of opening to the international markets, marketing research and gain the talent of application, and learn rules of correspondance
8   He/she will gain a general idea on E-trade, useful links and trading correspondance.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to the international (foreign) trade, general concepts, what is foreign market How to make marketing survey according to the product What is the international marketing concept Description of the foreign trade according to the sectors.
2 The regulation of exportation and importation, regulation of custom and exchange, inward and outward processing regimes and applications, Custom Union and related applications, VAT refunds and exemptions. What are free zones
3 Operational Foreign Trade: The start and continuation of foreign trade relationships, having and giving offer / working chart, preparation of proforma invoice and invoice, transportation and delivery in foreign trade and the examination of documents
4 Operational Foreign Trade (continued): delivery terms, payment terms (Incoterms), bank procedures, the concept of transit trade and application in foreign trade. Product classification, custom procedures, statements, taxes and quotes
5 Documents of foreign trade, the concept of foreign trade document and its international and financial importance
6 The documents of transportation and delivery, the certification of movement, and other documents
7 Midterm Exam
8 Government support in foreign trade, government promotion and inquiry, applications of Eximbank and international supports
9 Financement of foreign trade and main costings
10 Cultural and trade differences between countries in foreign trade and its importance in foreign trade, risk management
11 Main discrapencies in foreign tradeand their solutions
12 Assignment and presentations
13 What is E-trade, why and how to make E-trade, what are pros and cons of E-trade
14 Trade correspondance in English and Turkish

Recomended or Required Reading

1. Kaya, F., 2014,Dış Ticaret Işlemleri Yönetimi, 475 sf., Beta Basım
2. Onursal, E.,2013, Dış Ticaret, 776 sf., Seçkin Yayıncılık
3. Ertem ,Ü.,2013, Dış Ticaret Işlemleri, 422 sf., Paradigma Akademi
4. Melemen,M ve Pirtini,S.,2004, Ihracat Uygulamaları, Pazarlama Yönlü Bir yaklaşım, 154sf., Türkmen Kitabevi
5.Ihracat Mevzuatı,1998 IGEME(Ihracatı Geliştime Etüd Merkezi),350sf.,Ankara.

Additional references:
1.Cebeci,K,A.,2013, Örnek yazışmalarla Ihracat Ingilizcesi, 150sf., Gazi Kitabevi
2.Altıparmak,A.,1993., Türkçe Ingilizce Ticari Yazışma El Kitabı , Çeviri, ,52 sf., ABC Yayınevi

Referances and other materials: Export, real life documents from custom companies, real life case studies, visuals (videos and photo).

Planned Learning Activities and Teaching Methods

Oral presentation and computer and paperwork

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 ASG ASSIGNMENT
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.25 + ASG * 0.25 + FIN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.25 + ASG * 0.25 + RST * 0.50


Further Notes About Assessment Methods

None

Assessment Criteria

MIDTERM EXAM+ASSIGNMENT=50%, FIBAL EXAM=50%

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

nevin.karaoglu@deu.edu.tr , Tel: 02323017306

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 2 24
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 5 5
Preparation for final exam 1 15 15
Preparing assignments 1 15 15
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 87

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11
LO.135554
LO.255555
LO.355555
LO.45555
LO.5555334
LO.6455444
LO.73555555
LO.84555545