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AGRICULTURAL ECONOMY PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
ECF435 AGRICULTURAL ECONOMY 5 3 3 5

GENERAL INFORMATION

Language of Instruction : English
Level of the Course Unit : BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course : Elective
Mode of Delivery of the Course Unit -
Coordinator of the Course Unit Assist.Prof. ÇAĞLA TUĞBERK ARIKER
Instructor(s) of the Course Unit
Course Prerequisite No

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: The aim of this course is to teach the student the economics of agricultural production, the purpose of agricultural policy, tools, factors of agricultural production, the share and importance of the agricultural sector in economic development and national income, prices of agricultural products and issues of state intervention in agricultural products.
Contents of the Course Unit: The course includes the characteristics of agricultural production, agricultural production function, structural policies, agricultural finance, national and international agricultural policy, agricultural organizations.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Describe the basic economic concepts, principles and methods applied to agricultural sector.(2)
Describe agricultural policies.(2)
Compare the international agricultural policies.(4)
List the factors of agricultural production.(1)
Evaluate the functions of agricultural development tools.(5)
Evaluate agricultural policies according to their functional characteristics.(5)
Explain the contributions of agricultural policies to the Turkish economy.(2)

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Reading Scope, features and sections (branches) of agricultural economics Lecture & Question Answer
2 Reading The agricultural economy from the past to the present and the functions expected to be fulfilled from agriculture today Lecture & Question Answer
3 Reading Economics of agricultural production (Law of diminishing returns, Engel function…) Lecture & Question Answer & Analysis
4 Reading The share of the agricultural sector in economic development and national income (with current data) Lecture & Question Answer & Analysis
5 Reading Agricultural production function, characteristics and product composition that provides maximum income (analysis with examples) Lecture & Question Answer & Analysis
6 Reading Agricultural production factors and mechanization in agriculture. Lecture & Question Answer & Analysis
7 Reading Agricultural product prices (Agricultural product supply and demand, agricultural product prices in a perfect competition market) Lecture & Question Answer & Analysis
8 - MID-TERM EXAM -
9 Reading Government intervention in agricultural products Lecture & Question Answer & Analysis
10 Reading Agricultural policy (Aims, instruments, structural and social policies of agricultural policy) Lecture & Question Answer & Analysis
11 Reading International agricultural policy and agricultural organizations Lecture & Question Answer & Analysis
12 Reading Agricultural finance and credit Lecture & Question Answer & Analysis
13 Reading Agricultural marketing Lecture & Question Answer & Analysis & Problem-Solving Method
14 Reading Analysis of Turkey-EU relations in terms of agriculture sector Lecture & Question Answer & Analysis & Problem-Solving Method
15 Reading Analysis of the agricultural sector with current data-General Review Lecture & Question Answer & Analysis & Problem-Solving Method
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

by Andrew Barkley and Paul W. Barkley,Principles of Agricultural Economics,2016
by Drummond Ph.D., H. Evan and John W. Goodwin,Agricultural Economics (3rd Edition), 2010

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Level of Contribution
0 1 2 3 4 5

CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES

KNOWLEDGE

Theoretical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Define the theories, concepts and principles of the basic and sub-fields of business.
2
Explain business functions and processes based on current scientific sources.

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate internationally valid business cases with the theories and concepts of other social sciences.

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Explain the current events and facts in his / her field analytically and systematically based on advanced knowledge and skills he / she has.

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Use the theoretical and factual knowledge in business for occupational practices.
2
Solve individual and organizational problems in business life.
3
Use computer programs (SPSS, R, Excel, Stata) efficiently against the complex business problems.

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Plan research and work using knowledge and skills gained in the field of business.
2
Organize the activities for organizational goals and purposes independently.

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Criticize advanced knowledge and skills in the field with a critical approach.
2
Develop the existing knowledge and skills with a critical point of view under the impact of scientific, technological and current developments.

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Express his/her knowledge, thoughts and solutions on business to related stakeholders in written and verbal ways.
2
Use the information and communication technology software and equipment required for business.

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Apply the social, scientific, cultural and ethical values at the stages of collection of data, their implementation, interpretation and announcement of results in the field of business.
2
Relate the concepts of social rights, occupational safety, employee health, quality management and sustainability with the cases in business life.

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT

Workload for Learning & Teaching Activities

Type of the Learning Activites Learning Activities (# of week) Duration (hours, h) Workload (h)
Lecture & In-Class Activities 14 3 42
Preliminary & Further Study 13 2 26
Land Surveying 0 0 0
Group Work 0 0 0
Laboratory 0 0 0
Reading 0 0 0
Assignment (Homework) 0 0 0
Project Work 0 0 0
Seminar 0 0 0
Internship 0 0 0
Technical Visit 0 0 0
Web Based Learning 0 0 0
Implementation/Application/Practice 0 0 0
Practice at a workplace 0 0 0
Occupational Activity 0 0 0
Social Activity 0 0 0
Thesis Work 0 0 0
Field Study 0 0 0
Report Writing 0 0 0
Final Exam 1 1 1
Preparation for the Final Exam 4 10 40
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 2 9 18
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 35 0 128
Total Workload of the Course Unit 128
Workload (h) / 25.5 5
ECTS Credits allocated for the Course Unit 5,0