Course Language:
English
Course Coordinator:
Course Objectives:
To provide information on the provision of agricultural supply-demand balance and the management of uncertainties; To explain microeconomic approaches to the economic and sustainable supply of natural resources.
Course Content:
Demand for agricultural output, nature of agricultural supply decisions, decision making under uncertainty, graduate-level applications of microeconomic analysis to agricultural and natural resource production and distribution problems, including the evaluation and use of natural resources.
Teaching Methods:
1: Lecture, 2: Question-Answer, 3: Discussion, 4: Simulation, 5: Case-study
Assessment Methods:
A: Testing, B: Presentation, C: Homework, D: Project, E: Lab
Vertical Tabs
Course Learning Outcomes
| Course Learning Outcomes |
Program
Learning Outcomes |
Teaching Methods | Assessment Methods |
| Can explain the agricultural supply-demand balance. | 1 | 1,2,3 | A,B,C |
| Can make economic analysis on agricultural and natural resource production and evaluation. | 1,3 | 1,2,3 | A,B,C |
Course Flow
| Week | Topics | Study Materials |
| 1 | Introduction to microeconomics | The relevant section in the course book will be read. |
| 2 | Agricultural supply and demand analysis. | The relevant section in the course book will be read. |
| 3 | Uncertainty and consumer behavior | The relevant section in the course book will be read. |
| 4 | Agricultural production costs. Profit maximization and competitive supply. | The relevant section in the course book will be read. |
| 5 | Commodity market analysis and pricing | The relevant section in the course book will be read. |
| 6 | Game theory and competitive strategy | The relevant section in the course book will be read. |
| 7 | Midterm | The relevant section in the course book will be read. |
| 8 | General equilibrium and economic efficiency. | The relevant section in the course book will be read. |
| 9 | Natural resources and scarcity | The relevant section in the course book will be read. |
| 10 | Evaluation of natural resources and use of natural resources | The relevant section in the course book will be read. |
| 11 | Problems of agricultural and natural resource production and distribution | The relevant section in the course book will be read. |
| 12 | Case study: Uncertainty management in agricultural production | The relevant section in the course book will be read. |
| 13 | Case study: Market creation, market development. growth | The relevant section in the course book will be read. |
| 14 | Research paper presentations |
Recommended Sources
| Lecture Notes | |
| Additional Resources | Various Publications and Lecture Notes |
Material Sharing
| Documents | Lecture Notes |
| Assignments | Homework, Presentation |
| Exams | Midterm, Final |
Assessment
| IN-TERM STUDIES | NUMBER | PERCENTAGE |
| Midterm | 1 | 60 |
| Homework | 3 | 20 |
| Presentation | 1 | 20 |
| Total | 100 | |
| Final to Success | 40 | |
| Semester to Success | 60 | |
| Total | 100 |
Course’s Contribution to Program
| No | Program Learning Outcomes | Contribution | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | To be able to comprehend the economic problems of agriculture; collecting, analyzing, and interpreting data at micro and macro levels for economic applications; analyzing the ways of increasing production by applying the basic principles of economy in agriculture; to make the right decision for the future; to produce project-based solutions; ability to apply with contemporary techniques. | X | |||||
| 2 | To be able to monitor national and international agricultural markets, to understand the behavior of market actors; ability to predict the effects of economic and political developments on the Turkish agricultural sector and interpret and make decisions. | ||||||
| 3 | Marketing of agricultural products by using marketing principles and methods; have the basic knowledge about market research and ability to interpret. | X | |||||
| 4 | Agricultural production tools, equipment, methods and equipment to recognize; application of plant and animal production techniques and models; Ability to use the theoretical and practical knowledge related to plant breeding, plant breeding, seed production, genetics, physiology, ecology, biotechnology, plant gene resources, organic agriculture and meadow-pasture management in the field of field crops. |
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| 5 | To develop and deepen their knowledge in the field of information systems at the level of expertise; interpreting and integrating the information acquired in information systems with the information coming from related disciplines; ability to develop new approaches to complex problems in applications in information systems. | ||||||
| 6 | Ability to possess wide and deep knowledge in the field of Agricultural Trade and Management including the most recent advances; ability to possess advanced level of required skill, techniques and methods to conduct research by using and evaluating up-to-date information; ability to model, design and develop solutions, a system, a process or a product under realistic constraints by generating innovative and original ideas. | ||||||
| 7 | Ability to perceive, design and apply an original research process (analytical, modeling or experimental) independently: ability to solve complex problems and critically evaluate the ideas and developments in the field of specialization. Ability to transfer advancements in scientific, technical and cultural developments to the society with the ethical responsibility and scientific objectivity. | ||||||
| 8 | Ability to communicate effectively in oral and written English; the ability to write and understand effective reports, to make effective presentations, to give and receive clear and understandable instructions. | ||||||
| 9 | Ability to work effectively in disciplinary and multidisciplinary teams; self-study skills. | ||||||
| 10 | To act in accordance with ethical principles, professional and ethical responsibility awareness; the ability to inform the society on issues related to biodiversity, natural resources, air, water, soil pollution, recycling, environmental sensitivity, environmental protection. | ||||||
| 11 | Awareness of the necessity of lifelong learning; the ability to access information, follow developments in science and technology, and constantly renew oneself. | ||||||
ECTS
| ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION | |||
| Activities | Quantity | Duration (Hour) | Total Workload (Hour) |
| Course hours (Exam week included: Total 14h) | 14 | 3 | 42 |
| Study Time for Exams | 1 | 25 | 25 |
| Midterm | 1 | 2 | 2 |
| Reading article outside of class | 14 | 10 | 140 |
| Presentation and preparation to presentations | 1 | 25 | 25 |
| Final | 1 | 3 | 3 |
| Total Workload | 237 | ||
| Total Workload / 25 (h) | 9,5 | ||
| ECTS Credit of the Course | 10 | ||