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Agribusiness 1 (AGRI90012)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Overview
Availability | Semester 1 |
---|---|
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 micro economic principles and applied economics and finance to management decisions in agriculture and food sectors. 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 demand and supply, theory of the firm, market structure, trade, market failure, the impact of government policies, financial statements and capital budgeting.
Intended learning outcomes
On completion of this subject, students should be able to:
- Understand how a modern market economy functions and the role of the agribusiness sector
- Understand the concepts of supply, demand, equilibrium, (economic) profits and prices to explain differences across different agri markets
- Apply microeconomic analytical techniques to agribusiness to improve decision-making and problem solving
- Apply economic principles to identify and then analyse solutions to problems and challenges of firms operating agribusiness
- Use financial and economic information to determine appropriate investment decisions
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Evaluation and synthesis of ideas, views and evidence
- Critical thinking
- Accessing economic and agribusiness information
- Problem solving skills
- Collaborative learning and teamwork
- Written communication
- Management and analysis of financial data
- Ability to plan work, use time effectively
- Manage small projects
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Corequisites
Non-allowed subjects
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Essay
| Week 5 | 20% |
Management report
| Week 10 | 30% |
Examination
| During the examination period | 50% |
Attendance Hurdle requirement: Students must attend 80% of workshops | N/A |
Last updated: 31 January 2024
Dates & times
- Semester 1
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
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: 31 January 2024