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Information
| Unit | FACULTY OF AGRICULTURE |
| AGRICULTURE ECONOMY PR. | |
| Code | TEP308 |
| Name | Farm Management |
| Term | 2021-2022 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Üniversite Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi TUNA ALEMDAR |
| Course Instructor |
Dr. Öğr. Üyesi TUNA ALEMDAR
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Understanding the the fundemental concepts, functions and main areas of management; learning different farm accouinting systems; being able to interprete performance related farm documents such as balance sheet, income statement and cash-flow budgets; learning fundamental principles of depreciation and assessment; making cost and return calculations for farm products; interpretation of several budgets: enterprise budgets, farm plans and partial budgets. Making decisions on investments.
Course Content
Concepts related to farm management; functions of management; strategic and tactical farm management; classification of farms; characteristic differences between farm and non-farm businesses; farm records; accounting systems; inventory and balance sheet; evaluation of the results of annual activities; income statement; enterprise budgest; whole farm plan; enterprise selection and farm plan; cash flow budgets; partial budgets; cost and return calculation for agricultural products; investment analysis.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Knows agricultural business management concept and can differentiate it from other sectors |
| LO02 | Comprehends the necessities of specialization in agriculture and uses this information in decision making for company planning. |
| LO03 | Knows the basic approaches of cost calculation in the production of animal and annual, perennial plants and can apply these with a quantitative sample. |
| LO04 | Knows the causes of risk and uncertainty in farming and the actions to be taken in order to decrease its negative effects |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | 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 | |
| PLO02 | - | 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 | - | 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 | |
| PLO04 | - | 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 | - | is able to apply basic principles of economics to the problemes encountered in agricultural sector | |
| PLO06 | - | is able to show and express economic and social data to be used in agricultural decision making process in tables, graphs and mathematical symbols | |
| PLO07 | - | 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 | - | 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 | - | uses basic information technologies in the analysis of economic and social data and uses software prepared for this purpose and interpretes results | |
| PLO10 | - | 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 | - | 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 | - | 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 | - | 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 | - | 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 | |
| PLO15 | - | 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 | Farm management; related concepts; historical development and present situation; goals in farm management; concept of management; | Lecture notes and recommended resources | |
| 2 | Decision making process; aims and stages of strategic and tactical management | Lecture notes and recommended resources | |
| 3 | Classification of farm enterprises; input and output oriented measures in farm size classification | Lecture notes and recommended resources | |
| 4 | Distinguishing features of agricultural enterprises; factors affecting forming of agricultural enterprises | Lecture notes and recommended resources | |
| 5 | The Balance Sheet and its analysis: inventories, asset valuation, different methods for asset valuation | Lecture notes and recommended resources | |
| 6 | The Balance Sheet and Its Analysis: examples and analysis | Lecture notes and recommended resources | |
| 7 | The Income Statement and its Analysis | Lecture notes and recommended resources | |
| 8 | Mid-Term Exam | Lecture notes and recommended resources | |
| 9 | Enterprise Budgets | Lecture notes and recommended resources | |
| 10 | Partial Budgets | Lecture notes and recommended resources | |
| 11 | Whole Farm Planning | Lecture notes and recommended resources | |
| 12 | Cash Flow Budgets | Lecture notes and recommended resources | |
| 13 | Cost and Return Calculations for Agricultural Commodities | Lecture notes and recommended resources | |
| 14 | Investment Analysis; Ownership Costs | Lecture notes and recommended resources | |
| 15 | Land Use and Cost Calculations | Lecture notes and recommended resources | |
| 16 | Term Exams | Lecture notes and recommended resources | |
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |