AGRICULTURAL MANAGEMENT ECONOMICS

AGR3AME

2014

Credit points: 15

Subject outline

This subject will provide students with skills in understanding and analyzing the profitable use, maintenance and improvement of resources in agricultural businesses. Topics will include farm management analysis; financial management; profit, cash flows and business structure; gearing and growth; activity analysis and budgeting; investment analysis; risk analysis and risk management; and resource maintenance and improvement. The subject will include a farm visit associated with a case study on the agricultural business.

Faculty: Faculty of Science, Tech & Engineering

Credit points: 15

Subject Co-ordinator: Peter Sale

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource Type	Title	Resource Requirement	Author and Year	Publisher
Readings	The Farming Game: Agricultural Management and Marketing 2nd edition	Prescribed	B. Malcolm, J. Makeham and V. Wright	CAMBRIDGE UNIVERSITY PRESS (2005)

Melbourne, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Peter Sale

Class requirements

Computer LaboratoryWeek: 16 - 21
Two 3.0 hours computer laboratory per week on weekdays during the day from week 16 to week 21 and delivered via face-to-face.

Field TripWeek: 10 - 10
One 1.0 days field trip per study period on weekdays during the day from week 10 to week 10 and delivered via face-to-face.
"Farm Visit"

LectureWeek: 16 - 21
Two 2.0 hours lecture per week on weekdays during the day from week 16 to week 21 and delivered via face-to-face.

Assessments

Assessment element	Comments	%
One 1500-word financial report		40
One 3-hour examination (essay style and short answers)		60