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Agribusiness Management

AGEC3101

This unit of study is designed to introduce decision making problems encountered by firms and agribusiness firms and general methods of solving microeconomic decision making problems. It is unit of study that builds on knowledge gained in junior units of study in particular AGEC1006, AGEC2103 and AGEC2102. Students will review production economics and activity analysis and show how budgeting methods can be used to relate them. They will extend these budgeting techniques to problems of time and risk, using capital and parametric budgeting. Students will also be introduced to linear programming and show how this tool is a practical method of solving decision making problems. Students will learn to consider methods for solving decision making problems where the outcomes are not known with certainty. The students will gain skills through workshop based tasks, an assignment, information literacy and communication skills through the presentation of the workshop reports and discussion throughout the workshop.

Unit of study details

Unit of study level: Senior

Credit points: 6

Commencing semesters: 2

Further unit of study information

Unit of study handbook: AGEC3101

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: Yes

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