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| ORM3023 | Forest Enterprise Economics | 3+0+0 | ECTS:4 | | Year / Semester | Fall Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of FOREST ENGINEERING | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Mustafa Fehmi TÜRKER | | Co-Lecturer | PROF. DR. Mustafa Fehmi TÜRKER, | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | To teach students the principles of forest economics.
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| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | understand principles and concepts of forest economics.
| 1,2,4,10 | 1, | | LO - 2 : | critically analyze forestry-related problems and apply your theoretical knowledge to obtain objective and justifiable solutions.
| 1,2,4,10 | 1, | | LO - 3 : | understand how various economic factors affect viability of forest investments.
| 1,2,4,10 | 1, | | LO - 4 : | conduct evaluations of forest investments using learned financial tools, provide recommendations, and prepare sound written summaries of your findings.
| 1,2,4,10 | 1, | | LO - 5 : | develop strategies for sustainable development, sustainable forest management, the public benefit and market-oriented of forest resources management and operations | 1,2,4,10 | 1, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Principles of forest enterprises; importance of forestry sector in the national economy; functions of forest enterprises; the calculation of land, growing stock and forest value
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Introduction, Basic Concepts, Business, Business objectives, Business functions, business size, business capacity and capacity utilization rate | | | Week 2 | Criteria of rationality in business, the costs of the business, the business income, investment project evaluation methods | | | Week 3 | The introduction of forest management and forest management, forest enterprises characteristics, the importance of forestry sector within the country's economy | | | Week 4 | Forest management in the business functions (purchasing, production, marketing, finance, Employee, accounting, R & D, public relations) | | | Week 5 | Forest management in the business functions (purchasing, production, marketing, finance, Employee, accounting, R & D, public relations) | | | Week 6 | Size enterprises in Forestry Management, Forest management principles of rationality | | | Week 7 | Costs, revenues and revenues in the Forest Management | | | Week 8 | The aim in forestry, forest management and the administration period | | | Week 9 | Mid-term exam | | | Week 10 | valuation in the Forest Management (interest and income accounts) | | | Week 11 | Land value calculation methods. | | | Week 12 | Appreciation of the value of the tree wealth, determination of the value of the forest. | | | Week 13 | Calculation of the economic success of forest management | | | Week 14 | Public property, externality and total economic value approach | | | Week 15 | Course Completion, fulfilment course with the DYGU method and in-class conference with an administrator from outside the organization | | | Week 16 | End-of-term exam | | | |
| 1 | Türker, M.F., 2013, Ormancılık İşletme Ekonomisi, (Güncellenmiş ve Genişletilmiş İkinci Baskı), Ormancılık ve Tabiatı Koruma Vakfı Yayın Nu.: 5, Trabzon | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 22/11/2018 | 1 | 50 | | End-of-term exam | 16 | 10/01/2019 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 10 | 30 | | Sınıf dışı çalışma | 2 | 14 | 28 | | Laboratuar çalışması | 0 | 0 | 0 | | Arasınav için hazırlık | 2 | 8 | 16 | | Arasınav | 1 | 1 | 1 | | Uygulama | 0 | 0 | 0 | | Klinik Uygulama | 0 | 0 | 0 | | Ödev | 4 | 8 | 32 | | Proje | 0 | 0 | 0 | | Kısa sınav | 0 | 0 | 0 | | Dönem sonu sınavı için hazırlık | 1 | 8 | 8 | | Dönem sonu sınavı | 1 | 1 | 1 | | Diğer 1 | 0 | 0 | 0 | | Diğer 2 | 0 | 0 | 0 | | Total work load | | | 116 |
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