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Agricultural Economics (AGRI20042)
Undergraduate level 2Points: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 1 |
---|---|
Fees | Look up fees |
Formerly ECON20012
Agricultural Economics is an introduction to applying principles of agricultural economics to understanding the roles and practices of agriculture in the economy and the behaviour of producers and consumers in the agribusiness and farm sectors.
The content will include the role and operation of agricultural markets; agricultural supply and demand; the role of prices and competition between buyers and sellers in agribusiness markets and efficient use of resources; the theory and application of production economics; and rationale for international trade.
Intended learning outcomes
On completion of this subject, students will have gained:
- An understanding of the fundamental economic principles underlying behaviour of agricultural producers and consumers in the economy;
- Knowledge of the agricultural economic forces in the economy affecting the operation of agribusiness firms and farms using natural resources to produce food and fibre.
Generic skills
Students will learn to apply economic ways of thinking to questions about producing and consuming agricultural goods and services.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
AGRI10047 | Agriculture in Australia | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
ECON20012 Agricultural Economics
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Written test to be held approximately in week 4
| Week 4 | 20% |
Written test to be held approximately in week 9
| Week 9 | 20% |
Examination
| End of semester | 60% |
Hurdle requirement: Students must attend a minimum 80% of scheduled workshops/practical classes | N/A |
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Bob Farquharson Mode of delivery On Campus (Parkville) Contact hours 43 hours incorporating 22 hours of lectures, 11 hours of tutorials or workshops and up to 10 hours of Industry Seminars to be held in Week 8 of Semester Total time commitment 170 hours Teaching period 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020 Semester 1 contact information
Time commitment details
170 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Principles of Economics, second Australian Edition by Joseph E. Stiglitz, Carl E Walsh, Jeff Gow, Ross Guest, Bill Richmond, Massimiliano Tani 2016 - Related Handbook entries
This subject contributes to the following:
Type Name Major Production Animal Science Major Plant and Soil Science Major Agricultural Economics - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022