Agribusiness Management Economics

Subject AGRI90012 (2012)

Note: This is an archived Handbook entry from 2012.

Credit Points:

12.50

Level:

9 (Graduate/Postgraduate)

Dates & Locations:

This subject has the following teaching availabilities in 2012:

April, Parkville - Taught online/distance.

Pre-teaching Period Start	not applicable
Teaching Period	not applicable
Assessment Period End	not applicable
Last date to Self-Enrol	not applicable
Census Date	not applicable
Last date to Withdraw without fail	not applicable

This subject is delivered online via the University’s Learning Management System (LMS). The 2012 commencement date is the 16th April, 2012 and finishes on the 8 th June, 2012. The subject will be open on the LMS approximately two weeks prior to the subject commencement date.

Timetable can be viewed here. For information about these dates, click here.

Time Commitment:

Contact Hours: This subject is taught using multimedia teaching techniques and is based around business case studies
Total Time Commitment: This subject is run over an eight-week period as opposed to a standard 12 week semester subject. It is recommended that students devote 14 hours per week to this subject over eight weeks.

Prerequisites:

None

Corequisites:

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.

Non Allowed Subjects:

None

Core Participation Requirements:

It is University policy to take all steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's program. Students who feel they have a disability that will impact on meeting the requirements in this subject are encouraged to discuss this matter with the Subject Coordinator and Disability Liaison Unit.

Coordinator

Dr Nanette Esparon

Contact

Melbourne School of Land & Environment Student Centre
Ground Floor, Land & Food Resources (building 142)

Enquiries
Phone: 13 MELB (13 6352)
Email: 13MELB@unimelb.edu.au

Subject Coordinator: nesparon@unimelb.edu.au

Subject Overview:	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.
Objectives:	The objective of this subject is to extend the participants 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; and Quantitative skills required applying the theory to particular problems.
Assessment:	One three-hour open-book examination (30%). Online discussion forum (must pass this section of the subject) 20%, Individual/Group assignments, 3000 words (50%). *Online discussion is an integral component of this subject - a minimum grade of 50% is required in this component.
Prescribed Texts:	Gans, J., King, S., Mankiw, N.G. (2009) Principles of Microeconomics. 4th Edition, Cengage Learning, S. Melbourne, Vic. Australia
Breadth Options:	This subject is not available as a breadth subject.
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
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 on-line learning and communication Ability to collaborate, exchange ideas and debate across on-line platforms Ability to plan work, use time effectively and manage small projects
Related Course(s):	Graduate Certificate in Agribusiness Master of Agribusiness (Coursework) Master of Agricultural Science Master of Animal Science Master of Food Science Master of Urban Horticulture Postgraduate Certificate in Food Science Postgraduate Diploma in Agricultural Science Postgraduate Diploma in Animal Science and Management Postgraduate Diploma in Food Science

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