Introduction to Agribusiness (5 cr)
Code: 9A00CY10-3009
General information
Enrollment
11.11.2024 - 15.01.2025
Timing
07.01.2025 - 21.02.2025
Credits
5 op
Teaching languages
- Finnish
Degree programmes
- Bachelor of Natural Resources, Agriculture and Rural Enterprises
- Open University of Applied Sciences
Teachers
- Marjo Latva-Kyyny
Student groups
-
AGRO24Bachelor of Natural Resources, Agriculture and Rural Enterprises
Objective
The student can
- 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.
- explain the link between resource efficiency and company performance.
- 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 Economis
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. as applicable
www.luke.fi/taloustohtori
Material produced and compiled by the teacher
Teaching methods
Classroom teaching, individual and group assignments, independent work
Exam schedules
The exam is in the last classroom teaching session.
Student workload
135 h
Evaluation scale
1-5
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.The student is 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
Assessment methods and criteria
Exam, approved individual and group assignments,
Qualifications
None