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Agribusiness Management Economics (AGRI90012)
Graduate courseworkPoints: 12.5On Campus (Parkville) and Online
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 2
Semester 2
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 2 - On Campus Semester 2 - Online |
---|---|
Fees | Look up fees |
An understanding of the applications of managerial economic theory to solving real world problems is integral to sound business decision-making. Through this subject students will gain an understanding of and ability to apply, key management economic concepts and principles. They will also experience the application of management economics to Australian agribusiness problems through case studies. Students will become familiar with concepts of market equilibrium, demand, supply, theory of the firm, market structure, trade and the impact of government regulation.
Intended learning outcomes
The objective of this subject is to extend the participant's understanding of:
- Process of problem solving in economics
- Concepts of supply, demand, equilibrium, (economic) profits and prices
- Role prices play in a market
- Effects different market structures have on the actions of firms
- Impact of technological change on particular firms
- Role of government policy
- Importance of trade
- Quantitative skills required applying the theory to particular problems
Generic skills
It is expected students will develop:
- Awareness of and ability to utilise appropriate communication technology and methods for the storage, management and analysis of data
- Highly developed computer-based skills to allow for effective online learning and communication
- Ability to collaborate, exchange ideas and debate across online platforms
- Ability to plan work, use time effectively and manage small projects
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Students must be able to perform word processing, use Excel spreadsheets, and have a reasonable understanding of the Internet and the University's Learning Management System.
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 |
---|---|---|
On Campus Students: Essay due in approximately week 5
| Week 5 | 20% |
On Campus Students: Management report due in approximately week 10
| Week 10 | 30% |
On Campus Students: Examination
| End of semester | 50% |
On Campus Students: Attendance Hurdle requirement: Students must attend 80% of workshops | N/A |
Additional details
Online Students - Only available to Master of Agribusiness students
- Essay (1000 words) due in approximately week 5 (20%)
- Management report (1500 words) due in approximately week 10 (30%)
- 2-hour take-home examination held in approximately week 12 (30%)
- Online discussion participation throughout the semester (20%)
Last updated: 3 November 2022
Dates & times
- Semester 2 - On Campus
Principal coordinator Nanette Esparon Mode of delivery On Campus (Parkville) Contact hours 24 hours. This subject is taught using multimedia teaching techniques and is based around business case studies. On-campus students have the equivalent of two hours per week of face-to-face contact. Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
- Semester 2 - Online
Principal coordinator Nanette Esparon Mode of delivery Online Contact hours This subject is taught using multimedia teaching techniques and is based around business case studies. It is recommended that online students devote 12 hours per week to this subject. Total time commitment 170 hours Teaching period 3 August 2020 to 1 November 2020 Last self-enrol date 14 August 2020 Census date 21 September 2020 Last date to withdraw without fail 16 October 2020 Assessment period ends 27 November 2020 Semester 2 contact information
Time commitment details
170 hours
Additional delivery details
The online availability of this subject is only offered to students enrolled in the 704CC Master of Agribusiness. The subject is taken entirely online via the University’s Learning Management System (LMS).
The University will withdraw any incorrectly enrolled students.
The on-campus availability is open to all other students
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Gans, J., King, S., Byford, M., Mankiw, N.G. (2018) Principles of Microeconomics. 7th Edition, Cengage Learning, S. Melbourne, Vic. Australia
- Related Handbook entries
This subject contributes to the following:
- 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