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Agribusiness Management Economics (AGRI90012)
Graduate courseworkPoints: 12.5Online
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
Availability | Semester 2 - Online |
---|---|
Fees | Look up fees |
An understanding of managerial economic theory to solving real world problems is integral to sound business decision-making. Through this subject student will gain an understanding of, and ability to apply, key concepts and principles of management economics. They will also experience the application of management economics to Australian and global agribusiness issues and challenges. Students will become familiar with concepts of market equilibrium, demand, supply, theory of the firm, market structure, trade, market failure and the impact of government policies.
Intended learning outcomes
The objective of this subject is to:
- Understand how a modern market economy functions and the role of the agribusiness sector
- Apply microeconomic analytical techniques to agribusiness questions
- Analyse solutions to problems and challenges of firms operating in the agribusiness sector
- Evaluate investment opportunities in the agribusiness sector
- Define, discuss and apply the principles of Farm management economics
- Understand gains and losses from agribusiness international trade
- Extend the participant's understanding of: Farm management economics principles
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Critical thinking
- Accessing economic and agribusiness information
- Problem solving skills
- Collaborative learning and teamwork
- Written communication
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
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
| During the examination period | 50% |
On Campus Students: Attendance Hurdle requirement: Students must attend 80% of workshops | N/A |
Additional details
Online 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 - 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 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Time commitment details
170 hours
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