Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
Level of Course Unit
First Cycle
Objectives of the Course
At the end of this course, students will learn the fundamental concepts and theories of economics and will have the information and skills to analyze the economic problems. Beside this, students will gain the skills about how to using efficiently the scarce resources and general economics' laws and principles in agriculture.
Name of Lecturer(s)
Doç.Dr. Sevtap GÜMÜŞ
Learning Outcomes
1To understand and analyze economic problems
2To be able to interpret the daily economic problems
3To apply general economics principles in agriculture, gaining the skills of decision making and appyling on farms
4Gaining the skills of information about using production factors efficiently on farms
5To evaluate and comment agricultural policies
6To gain the analitical perspective enabling production of solutions to daily problems and effective decision making
7To build self-confidence through discussions and problem solving practices in class
8To have the ability to bear responsibility
Mode of Delivery
Face to Face
Prerequisites and co-requisities
Recommended Optional Programme Components
Course Contents
- Basic concepts of economics - Fundamental economic problems faced by all societies and economic systems - Market concept and types of markets - Price theory - Market equilibrium under prefect competition - Production theory, costs of production - Theory of consumption - Basic indicators in macroeconomics (national income, gross domestic product (GDP), inflation, employment) - Using general economic principles for farms - Examination production factors - Agriculture and economics - Case study practices about using general economic principles for farms - Agricultural marketing, finance and cooperatives - Practices about agricultural policies in Turkey
Weekly Detailed Course Contents
1Course description, principlesIntroduction
2Basic concepts of economicsReading- Literature review
3Market concept and types of marketsReading- Literature review
4Supply and demand, changes in supply and demand, price determinationReading- Literature review
5Elasticity of demand and supplyReading- Literature review
6Cost Function, costs associated with the short run and the long runReading- Literature review
7Profit maximization under perfect competition Reading- Literature review
8Midterm exam
9Theory of comsumptionReading- Literature review
10Basic concepts of macro economics (national income, gross domestic product (GDP), inflation, devaluation, employment)Reading- Literature review
11Production factors in agricultureReading- Literature review
12Agriculture and economicsReading- Literature review
13Case study practices about using general economic principles for farmsReading- Literature review
14Principles of economics in farms Reading- Literature review
15Agricultural marketing, finance and cooperativesReading- Literature review
16Final Exam
Recommended or Required Reading
- Zeynel Dinler, İktisada Giriş, Ekin Kitapevi, 2009. - Zeynel Dinler, Mikro Ekonomi, Ekin Kitapevi, 2009. - Erdal M. Ünsal, İktisada Giriş, İmaj Yayıncılık, 2007, ISBN: 975 8752515. - İlker Parasız, İktisadın ABC’si, 7. baskı, Ezgi Kitabevi, 2005. - N. Gregory Mankiw, Principles of Microeconomics, Thompson South-Western, 4th Edition, .2006, ISBN: 978-0324319163 - Michael Parkin, Economics, Global Edition + Myeconlab Xl, Pearson Education, 10/2009. ISBN: 9781408245811. - Erkuş, A., Bülbül, M., Kıral T., Açıl, F., Demirci, R.,1995, Tarım Ekonomisi, Ankara Üniv. Ziraat Fak. Eğitim, Araştırma ve Geliştirme Vakfı yayın No: 5, Ankara. - İnan, İ., H., 2006,Tarım Ekonomisi ve İşletmeciliği, Trakya Üniv., Tekirdağ Zir. Fak. Yayınları, Tekirdağ - Eraktan, G., 2001, Tarım Politikası Temelleri ve Türkiye’de tarımsal Destekleme Politikası, Uzel Yayınları, İstanbul. - Kay, R.D., Edwards, W.M., Duffy, P.A., 2008, Farm Management, Sixth Edition, Mcgraw Hill.
Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
End Of Term (or Year) Learning ActivitiesQuantityWeight
Language of Instruction
Work Placement(s)
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Attending Lectures14456
Self Study13226
Individual Study for Mid term Examination11212
Individual Study for Final Examination11515
Contribution of Learning Outcomes to Programme Outcomes
LO1 52 3 
LO2 33   
LO3 4    
LO4 4  4 
LO5 3  4 
LO6   33 
LO7     3
LO8   3  
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
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