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Information
| Code | TEP304 |
| Name | Production Economics |
| Semester | 6. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. ŞİNASİ AKDEMİR |
Course Goal
To provide information about risk management tools in agriculture and insurance applications, risk measurement, applications and characteristics of agricultural risks insurance in developed and developing countries, insurance mathematics, damage assessment techniques and organizations, state supporting systems, and insurance organization; to meet the needs for technical personnel, expert at agricultural insurance of public sector, specifically private insurance companies, and agricultural cooperatives; to give theoretical and practical background knowledge to enable the graduates to do agricultural insurance expertize, which is carried out as independent business in the insurance field; to teach the principles of forming political priorities in developing agricultural insurance at macro level and to discuss these with the participants.
Course Content
The definition and functions of insurance, agricultural activities agricultural properties and relationship with agricultural insurance schemes, insurance management, agriculture insurance legislation and institutional structure improvements, Evaluation of Turkey in terms of agirculture insurance
Course Precondition
None
Resources
Tarımsal Üretim Ekonomisi. Şinasi AKDEMİR, Tuna ALEMDAR. Çukurova Üniversitesi Yayınları, textbook
Notes
Lecture notes and slides.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | is able to construct a set of theorical framework and assumptions in the economic analysis of agricultural production |
| LO02 | is able to build functions for production, cost, income and profit |
| LO03 | is able to use mathematical tools in the economic analysis of agricultural production and interpret the results of the analysis |
| LO04 | comprehends properties of major production functions used in economic analysis regarding agricultural production |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | is be able to explain and apply basic theories related to major science and engineering courses in order to form a foundation which enables him/her to understand advanced level subjects related to his/her profession | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | is able to describe, intorduce and evaluate crop and animal production techniques, tools and equipment used in this area and explain role, importance and development of agriculture in national and world economy | |
| PLO03 | Bilgi - Kuramsal, Olgusal | is able to describe characteristics and interrelations of all stages from production to consumption in agricultural sector; is able to describe basic concepts related to efficienct and sustianable use of resources; is able to explain and apply basic economic principles used for this purpose | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | is able to explain concepts, thought, theory and methods related to major economic, social, natural, cultural, institutional, organizational and legal factors affecting activities in agricultural sector and rural areas, also national and international forces and interaction between them, their universal and social effects | |
| PLO05 | Bilgi - Kuramsal, Olgusal | is able to apply basic principles of economics to the problemes encountered in agricultural sector | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | is able to show and express economic and social data to be used in agricultural decision making process in tables, graphs and mathematical symbols | 4 |
| PLO07 | Bilgi - Kuramsal, Olgusal | is able to apply ecosystem, biodiversity, sustainable resource management, rural development, planning and technology use related knowledge to crop and animal production and marketing processes | |
| PLO08 | Bilgi - Kuramsal, Olgusal | determines required data related to the analysis of problems encountered in agricultural sector, critically examines and uses those data, selects a proper frame, model and method for the analysis, and evaluates results of the analysis | |
| PLO09 | Bilgi - Kuramsal, Olgusal | uses basic information technologies in the analysis of economic and social data and uses software prepared for this purpose and interpretes results | |
| PLO10 | Bilgi - Kuramsal, Olgusal | is able to carry studies related to his/her field independently and according to the legal procedures; is able to give consultancy, supervising, and expertise services in those fields; is able to join to team works | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | is able to get access to actual and updated information in the field; is able to inquire knowledge obtained and use them for public benefit according to the purpose selected | |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | is able to communicate with sepacialist and non-specialist people both in verbal and written form; is able to select most appropriate communications methods; is able to develop cooperation with stakeholders on producer and organization basis | |
| PLO13 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | acquires general and professional foreign language command at a sufficient level to observe professional developments and communicate with colleagues;is able to use information and communication technologies | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | is able to identify problems that can be encountered in agricultural sector; determines their context, evaluates effects of solutions, projects and policies applied in this context, produces solutions, projects and policy alternatives, foresees possible effects of alternatives suggested by himself/herself or others, selects the most appropriate alternative in terms of the goals selected, applies, direcs and monitors project | 3 |
| PLO15 | Yetkinlikler - Öğrenme Yetkinliği | is able to describe historical development of the profession, ethical principles obligatory during the performance of the profession and to be consicous of meticulous application of these principles |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Production economics; general introduction; major analysis | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 2 | Concept of function, production functions, maximization, minimization | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 3 | Main measures of productivity (total, average and marginal product) and their interrelations | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 4 | Finding optimal input and output levels (mathematical analysis) | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 5 | Costs and cost functions (profit maximization, cost minimization) | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 6 | Substitution relations between inputs and factor-factor analysis | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 7 | Finding least cost input combination (mathematical analysis) | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 9 | Extension path, substitution and expansion effects | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 10 | Extension path, substitution and expansion effects, | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 11 | Main agricultural production functions and their properties | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 12 | Relations between agricultural products and product-product analysis | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 13 | Finding optimal product combination (mathematical analysis) | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 14 | Finding optimal product combination (mathematical analysis), | Lecture notes and recommended resources for the relevant sections | Öğretim Yöntemleri: Anlatım |
| 15 | General Review | All lecture notes and resources | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Term Exams, | Ölçme Yöntemleri: Ödev |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 4 | 56 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 20 | 20 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||