|
Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | TBİ-23-100 | AGRO-INDUSTRIAL ECONOMICS AND MANAGEMENT | Elective | 1 | 2 | 6 |
| Level of Course Unit | Third Cycle | Objectives of the Course | Agricultural industries, definition, characteristics, classification, historical development, organizational structure, relations of the agricultural sector, importance to the manufacturing industry, socio-economic structure, global structure and its effect on exposure levels, location of establishments, concentration rations Capacity, employment, production and trade structures, domestic and external environment, relations with the financial market, local business trends, internal organization and innovation, management perspective, product costs, financing resources, investments, incentives and supports, basic problem areas and solutions will be gained. | Name of Lecturer(s) | DR. ÖĞR. ÜYESİ EMİİNE AŞKAN | Learning Outcomes | 1 | To learn about the futures and options market. | 2 | To learn about the working mechanism of the futures and options market. | 3 | To learn the economic principles that form the basis of the futures and options market | 4 | Gain the ability to interpret and predict price movements in futures markets by learning to use fundamental and technical analysis. | 5 | Having knowledge and skills for the practical use of futures and options markets for agricultural producers and agro-industrial companies. | 6 | Gaining the ability to monitor, analyze and interpret price fluctuations in a particular agricultural product, to gain the ability to better understand the factors that negatively affect agricultural product prices. | 7 | To have sufficient knowledge required by the agricultural financial markets, as well as the public and private agricultural marketing organizations, for the employment of specialist personnel on the subject. | 8 | Acquiring the ability to prepare analytical reports on agricultural products traded in futures and options exchanges through project presentation and report preparation activities. |
| Mode of Delivery | Daytime Class | Prerequisites and co-requisities | | Recommended Optional Programme Components | | Course Contents | 1- To learn about the futures and options market.
2- To learn about the working mechanism of the futures and options market.
3- To learn the economic principles that form the basis of the futures and options market
4- Gain the ability to interpret and predict price movements in futures markets by learning to use fundamental and technical analysis.
5- Having knowledge and skills for the practical use of futures and options markets for agricultural producers and agro-industrial companies.
6- Gaining the ability to monitor, analyze and interpret price fluctuations in a particular agricultural product, to gain the ability to better understand the factors that negatively affect agricultural product prices.
7- To have sufficient knowledge required by the agricultural financial markets, as well as the public and private agricultural marketing organizations, for the employment of specialist personnel on the subject.
8- Acquiring the ability to prepare analytical reports on agricultural products traded in futures and options exchanges through project presentation and report preparation activities. | Weekly Detailed Course Contents | |
1 | Concept and historical development of futures and options markets | | | 2 | Economic principles underlying the futures and options market | | | 3 | Functioning mechanism of the futures market | | | 4 | Functioning mechanism of the options market | | | 5 | Hedging mechanism and price formation in futures based on agricultural products | | | 6 | Price Analysis of Agricultural Products with the Basic Approach (I) | | | 7 | Price Analysis of Agricultural Products with the Basic Approach (II) | | | 8 | Midterm exam | | | 9 | Price Analysis of Agricultural Products with Technical Analysis Approach (I) | | | 10 | Price Analysis of Agricultural Products with Technical Analysis Approach (II) | | | 11 | Price Determination Models in Options Markets (I) | | | 12 | Price Determination Models in Options Markets (II) | | | 13 | Approaches to Understanding Market Psychology | | | 14 | Sample Applications for Price Analysis of Agricultural Products Traded in Futures and Options Exchanges in the World and Analysis of TurkDEX in Turkey | | | 15 | Student Project Presentations | | | 16 | Final exam | | |
| Recommended or Required Reading | Alpan, F. 1999. Örneklerle Futures Anlaşmalar ve Opsiyonlar, Literatür Yayınları, 26, ISBN 975-7860-92-1, İstanbul. Carter, C.A. 2003. Futures and Options Markets: An Introduction, Prentice-Hall, ISBN 0-13-598368-1, USA. Chicago Board of Trade. 2004.Agricultural Futures & Options: A Hedger’s Self-Study Guide, CBOT, USA. Edwards, F.R. ve Ma, C.W. 1992. Futures and Options , McGraw-Hill (E&M) German, H. 2005. Commodities and Commodity Derivatives: Modelling and Pricing for Agriculturals, Metals and Energy , Wiley, Chichester . Hull , J. C. 2013. Fundamentals of Futures and Options Markets (8th Edition), Prentice Hall International. Houthakker, H.S. ve Williamson, P.J. 1996. The Economics of Financial Markets , Oxford University Press (H&W). Kayacan, M., Bolat, M., Yılmaz, M.K., Başaran, M.Y. ve Ustaoğlu, Z.M. 1995. Sermaye Piyasası Araçlarına Dayalı Future ve Option Sözleşmelerinin Fiyatlaması, İstanbul Menkul Kıymetler Borsası, İstanbul. Purcell, W.D. ve Koontz, S.R.1999.Agricultural Futures and Options: Principles and Strategies, Prentice-Hall, Second Edition, ISBN 0-13-779943-8, USA. | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | | Work Placement(s) | |
| Workload Calculation | Contribution of Learning Outcomes to Programme Outcomes | LO1 | 5 | 4 | 5 | 5 | 4 | 5 | LO2 | 5 | 5 | 5 | 4 | 4 | 5 | LO3 | 5 | 5 | 5 | 4 | 4 | 5 | LO4 | 5 | 5 | 4 | 4 | 4 | 5 | LO5 | 5 | 4 | 4 | 5 | 4 | 5 | LO6 | 5 | 4 | 5 | 4 | 4 | 5 | LO7 | 5 | 4 | 5 | 5 | 4 | 5 | LO8 | 5 | 4 | 5 | 5 | 4 | 5 |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
|
|
Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
|
|
|