| Course Title | Code | Language | Type | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| Forest Business Economics and Finance | OM463 | Turkish | Compulsory | 7. Semester | 4 + 0 | 4.0 | 5.0 |
| Prerequisite Courses | |
| Course Level | Undergraduate |
| Mode of delivery | Face to face |
| Course Coordinator | Doç. Dr. İdris DURUSOY, Doç. Dr. Yaşar Selman GÜLTEKİN |
| Instructor(s) | Doç. Dr. İdris DURUSOY (Güz) |
| Goals | To get the students be knowledgeable about and competent with the economic and financial theory of forest business and its application in real world problems |
| Course Content |
| # | Öğrenme Kazanımı |
| 1 | Information on the principles and characteristics of forest business |
| 2 | Information on legal and administrative processes to be observed by forest enterprises |
| 3 | Skill of calculating benefits, costs and values emerging in forest business |
| 4 | Skill of managing forest products sales |
| 5 | Economic attitude in forest resources management |
| 6 | Competence with increasing success and performance in forest business |
| 7 | Attitude of sustainable use of resources |
| Week | Topics/Applications | Method |
|---|---|---|
| 1. Week | Review of microeconomics (Supply, demand, equilibrium, elasticity, market models etc.) | |
| 2. Week | Business management-I: Basic concepts of BM; functions, capacity and size of a business | |
| 3. Week | Business management-II: Incomes and costs in a business enterprise | |
| 4. Week | Business management-III : Business rationality criteria; criteria in evaluation of investment projects | |
| 5. Week | Forestry and Forest business; type of Forest enterprises by legal status and ownership; comparison of forest and agricultural enterprises | |
| 6. Week | Functions, capacity and size (scale) of forest enterprises | |
| 7. Week | Rationality criteria and their application in forest business | |
| 8. Week | Mid-term exam | |
| 9. Week | Cost management in forest enterprises | |
| 10. Week | Production management in forest enterprises | |
| 11. Week | Incomes of a forest business; government budget and private sources of finance; principles of forest accounting | |
| 12. Week | Marketing process in forest business | |
| 13. Week | Introduction to forest valuation; calculation of damages and compensation | |
| 14. Week | Measuring economic and financial success and performance in forest enterprises |
| No | Program Requirements | Level of Contribution | |||||
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Understanding of sustainable resource use | ✔ | |||||
| 2 | Essential knowledge of flora, fauna, ecosystem and natural resource concerning forestry | ✔ | |||||
| 3 | Essential knowledge about the administrative and legal structure, policy-making and planning processes, supply-demand relations, socio-economic situation concerning forest resources of Turkey | ✔ | |||||
| 4 | Competence in defining, modelling and solving a problem concerning the field of forestry | ✔ | |||||
| 5 | Skill of using contemporary techniques and instruments needed for forestry practices | ✔ | |||||
| 6 | Skill of applying the knowledge of mathematics, science and engineering in forestry problems | ✔ | |||||
| 7 | Skill of designing and conducting experiments, analyzing the data, and interpreting the results | ✔ | |||||
| 8 | Skill of team-work within the forestry discipline as well as with other disciplines | ✔ | |||||
| 9 | Adequate knowledge and skill of foreign language to follow the facts and developments concerning forestry | ✔ | |||||
| 10 | Skill of effective verbal and written communication | ✔ | |||||
| 11 | Competence in taking initiative and acting independently | ✔ | |||||
| 12 | Knowledge and consciousness of quality | ✔ | |||||
| 13 | Consciousness of life-time learning | ✔ | |||||
| 14 | Consciousness of professional ethics and social responsibility | ✔ | |||||
| Program Requirements | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 |
|---|---|---|---|---|---|---|---|
| PY1 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY2 | 5 | 4 | 3 | 4 | 5 | 3 | 4 |
| PY3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY7 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| PY8 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY9 | 3 | 4 | 4 | 4 | 4 | 5 | 3 |
| PY10 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY11 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| PY12 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY13 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| PY14 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| ECTS credits and course workload | Quantity | Duration (Hour) | Total Workload (Hour) | |
|---|---|---|---|---|
|
Sınavlar |
Midterm 1 | 1 | 25 | 25 |
| Homework 1 | 1 | 25 | 25 | |
| Final | 1 | 47 | 47 | |
| Classroom Activities | 14 | 4 | 56 | |
| Total Workload | 153 | |||
| *AKTS = (Total Workload) / 25,5 | ECTS Credit of the Course | 5.0 | ||
