Introduction to Agribusiness (5cr)

Evaluation scale

1-5

Objective

The student knows:
• Basic concepts and key elements of the agricultural business economy.
• explain the main functions and principles of the agricultural enterprise on which the farm is managed.
• justify the importance of the farmer for the success of the farm.
• to prepare the basic calculations necessary for the management of the farm.
• utilize the materials of Luke's Economist

Content

• Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations;
• Farm management and decision-making basics
• Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. s. 1-96.
Ryhänen & Laitila 2012. Yhteistyö ja resurssit maitotiloilla. Seinäjoen amk:n julkaisusarja B: s.17-125.
www.luke.fi/taloustohtori
Opettajan tuottama ja kokoama materiaali

Teaching methods

Kontaktiopetus, yksilötehtäviä sekä ryhmätehtäviä yhteistoiminnallisen oppimisen periaattein.
Opintojakso on mahdollista suorittaa myös verkkototeutuksena. Tällöinkin kuitenkin edellytetään ryhmätehtävien tekoa ja fyysistä läsnäoloa tentissä.

Exam schedules

Opintojakson päättyessä kurssitentti. Hylätyn suorituksen uusintamahdollisuus kolme kertaa. Jos edelleen suorittamatta, tultava uudelleen opintojaksolle.

Student workload

5*26,7 tuntia = 134 tuntia, josta 25 % on luokkatyöskentelyä ja 75 % omatoimista oppimista

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision, able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping