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Course Description |
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Course Name |
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Farm Management |
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Course Code |
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TEP308 |
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Course Type |
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Compulsory |
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Level of Course |
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First Cycle |
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Year of Study |
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3 |
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Course Semester |
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Spring (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Asst.Prof.Dr. TUNA ALEMDAR |
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Learning Outcomes of the Course |
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Knows agricultural business management concept and can differentiate it from other sectors Comprehends the necessities of specialization in agriculture and uses this information in decision making for company planning. Knows the basic approaches of cost calculation in the production of animal and annual, perennial plants and can apply these with a quantitative sample. Knows the causes of risk and uncertainty in farming and the actions to be taken in order to decrease its negative effects
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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To teach major concepts in farm management; to introduce general state and major classification forms of agricultural companies in Turkey; to teach the distinctive features of agricultural entities; to provide information about the advantages and disadvantages of specialization and diversifications in farms; to equip students with the basic knowledge about farm records; inventories, balance and capital; and to teach theoretical and practical infromation regarding assessment methods, cost calculations, and results of annual farm activities. |
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Course Contents |
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Concepts related to economics of farm business and farm management; classification of farms and current situation in Turkey; characteristics of farms and differences between farm and non-farm businesses; enterprise selection and enterprise combination; factors affecting operation of farms; farm records; preparing inventories; capital structure of farms; valuation methods; depreciation calculation methods; costs in agricultural production; annual results of farm operations; risk and uncertainty; farm planning |
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Language of Instruction |
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Turkish |
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Work Place |
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Classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
Business Economics and agricultural Business Concepts |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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2 |
Classification of agricultural Enterprises and the situation in our country |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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3 |
Different aspects of agricultural Enterprises and other businesses |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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4 |
The selection and combination of enterprise |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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5 |
Factors Affecting The Work Of The Agricultural Enterprises
• Specialization
• Diversification
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Lecture notes and recommended resources for the relevant sections |
Lecture |
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6 |
Business Listings, Inventory Preparation, Agricultural Enterprises Capital Structure |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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7 |
First Midterm Exam |
Lecture notes and recommended resources for the relevant sections |
Written Exam |
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8 |
Valuation Methods
• Cost Method
• The Market Value Method
• Gross Domestic Product Value
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Lecture notes and recommended resources for the relevant sections |
Lecture |
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9 |
Amortization calculation methods |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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10 |
Cost in agricultural production |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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11 |
Business Activity Results
• Gross domestic product and Gross production value
• Business and Production Costs
• Pure gross domestic product and gross profit
• Agricultural Income
• profit-earning capacity
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Lecture notes and recommended resources for the relevant sections |
Lecture |
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12 |
Second Midterm Exam |
Lecture notes and recommended resources for the relevant sections |
Exam |
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13 |
Risk and uncertainty
• Sources of Risk and uncertainty
• Risk Behaviors
• Expectations and Variability
• Decision Making Under Risk
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Lecture notes and recommended resources for the relevant sections |
Lecture |
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14 |
Planning Of Agricultural Enterprises |
Lecture notes and recommended resources for the relevant sections |
Lecture |
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15 |
General Review |
All lecture notes and resources |
Lecture |
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16/17 |
Final Exam |
All lecture notes and resources |
Written Exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
• Aras, A., 1988. Tarım Muhasebesi. Ege Üniversitesi Ziraat Fakültesi Yayınları No:486. İzmir.
• Boehlje, M., V.R. Eidman, 1984. Farm Management. John Wiley & Sons. USA.
• Erkuş, A., R. Demirci, 1993. Tarımsal İşletmecilik ve Planlama. Ankara Üniversitesi Ziraat Fakültesi Yayınları No: 944. Ders Kitabı No: 269. Ankara.
• Erkuş, A., M. Bülbül, T. Kıral, A.F. Açıl, R. Demirci, 1995. Tarım Ekonomisi. Ankara Üniversitesi Ziraat Fakültesi. Eğitim, Araştırma ve Geliştirme Vakfı Yayınları No:5. Ankara.
• İnan, İ.Hakkı, 1995. Tarım Ekonomisi. Hasad Yayıncılık & Reklamcılık. İstanbul.
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| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
0 |
50 |
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Homeworks/Projects/Others |
0 |
50 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
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 |
4 |
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2 |
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 |
3 |
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3 |
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 |
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4 |
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 |
3 |
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5 |
is able to apply basic principles of economics to the problemes encountered in agricultural sector |
0 |
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6 |
is able to show and express economic and social data to be used in agricultural decision making process in tables, graphs and mathematical symbols |
0 |
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7 |
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 |
0 |
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8 |
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 |
0 |
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9 |
uses basic information technologies in the analysis of economic and social data and uses software prepared for this purpose and interpretes results |
0 |
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10 |
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 |
0 |
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11 |
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 |
0 |
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12 |
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 |
0 |
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13 |
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 |
0 |
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14 |
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 |
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15 |
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 |
0 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
9 |
126 |
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Out of Class Study (Preliminary Work, Practice) |
0 |
0 |
0 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
0 |
0 |
0 |
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Final Exam |
0 |
0 |
0 |
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Total Workload: | 126 |
| Total Workload / 25 (h): | 5.04 |
| ECTS Credit: | 5 |
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