AGRICULTURAL MANAGEMENT ECONOMICS

AGR3AME

Not currently offered

Credit points: 15

Subject outline

This subject will provide students with skills in understanding and analysing 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.

SchoolLife Sciences

Credit points15

Subject Co-ordinatorAnthony Gendall

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 3 - UG

Available as ElectiveNo

Learning ActivitiesN/A

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Learning resources

The Farming Game: Agricultural Management and Marketing

Resource TypeBook

Resource RequirementPrescribed

AuthorB. Malcolm, J. Makeham and V. Wright

Year2005

Edition/VolumeN/A

PublisherCAMBRIDGE UNIVERSITY PRESS

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

Intended Learning Outcomes

01. Apply knowledge of financial assessment tools and prepare a major professional style report on the financial well- being of a farming business.
02. Analyse and record farming business financial data in spreadsheets.
03. Describe and explain how the financial performance of an agricultural business can be assessed
04. Explain and/or evaluate the importance of factors such as, cash flow, business structure, gearing and growth, risk management and resource management in determining the profitability of an agricultural business

Subject options

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Subject not currently offered - Subject options not available.