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Unit of study_
AREC3005: Agricultural Finance and Risk
2025 unit information
Agricultural production is typically risky, adding complexity to decision analysis and increasing need of risk consideration in agricultural policy design. This unit explores this theme, and has two related components: risk and risk management in agriculture, and issues of agricultural producer finance. These two components cover a broad range of topics that incorporate production risk and other sources of risk in agriculture.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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AREC2005 or AREC2001 or AREC2002 or ECOS2001 or ECOS2901 or ECOS2040 |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate a sound understanding of theoretical knowledge of decision making under risk and uncertainty in agriculture
- LO2. demonstrate a sound understanding of the methods and tools for dealing with risk and uncertainty that are available to agricultural producers
- LO3. demonstrate a sound understanding of different representations of risk and uncertainty
- LO4. demonstrate an ability to use data to calculate different measures of risk and uncertainty
- LO5. demonstrate an ability to clearly communicate results and implications of applied economic analysis.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 2 2025
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
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