Agricultural Management Economics

Subject AGRI30024 (2011)

Note: This is an archived Handbook entry from 2011.

Credit Points: 12.50
Level: 3 (Undergraduate)
Dates & Locations:

This subject is not offered in 2011.

Time Commitment: Contact Hours: Twenty-four hours lectures, 36 hours practicals
Total Time Commitment: Not available
Prerequisites: 207-101 Land, Food and Resource Economics or 316-102 Introductory Microeconomics.
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
Corequisites: N/A
Recommended Background Knowledge: N/A
Non Allowed Subjects: N/A
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:


MSLE Student Centre


Phone: 8344 0276

Subject Overview:

The aim of this subject is for students of agricultural science and agricultural economics to understand the principles of management economics applied to the operation of agricultural business, to understand decision analysis under risk and uncertainty; be able to analyse investment and profitability of alternative resource uses in agricultural businesses, and evaluate business growth strategies.

The content of the subject is as follows:

  • management;

  • financial management;

  • profit, cash flows and business structure;

  • activity analysis;

  • investment analysis;

  • risk analysis; and

  • risk management.

A number of case studies will be completed.

Objectives: Information Not Available

A 3-hour examination (50%) and three 2000-word case study assignments (50% total). Students must achieve a minimum of 45% in the examination in order to pass the subject.

Prescribed Texts: Information Not Available
Recommended Texts:

Recommended Texts:

  • The Farming Game: Agricultural Management and Marketing (L R Malcolm, J P Makeham and V Wright), CUP, 2005
Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

Information Not Available

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