To introduce students to the economic analysis of agricultural production at the farm level and to analyse the economic impact of management on the economic performance of farms in order to develop a working knowledge of how basic economic concepts.
1.Mankiw N., Taylor M. (2011) L’essenziale di economia, Zanichelli
2.Begg D., Vernasca G., Fisher S., Dornbush R. (2011) Economia, McGraw-Hill
3.Anthony R., Hawkins D., Macrì D., Merchant K. (2012) Il bilancio, McGraw-Hill
Learning Objectives
Knowledge acquired:
definition of production cost, analysis of economic performance of agricultural production process, basic Marketing Principles.
Competence acquired:
Managing a farm business, including topic such as: the decision making process, farm management and economic concepts, the analysis of financial statements, farm planning and budgeting, input management.
Skills acquired (at the end of the course):
to know the tools of farm management, to build a profit and loss account for the economic analysis of agricultural production units. Marketing applications.
Prerequisites
Courses to be used as requirements (required and/or recommended):
Students are expected to be familiar with the principles of economics
Courses required: //
Courses recommmended: Mathematics
Teaching Methods
CFU: 9
Total hours of the course 225
Hours reserved to private study and other indivual formative activities: 153
Contact hours for: Lectures (hours): 56
Contact hours for: Laboratory (hours): 0
Contact hours for: Laboratory-field/practice (hours): 16
Seminars (hours): 0
Stages: 0
Intermediate examinations: 0
Further information
Frequency of lectures, practice and lab: although non compulsory, is strongly recommended
Type of Assessment
Exam modality: oral examination on the subjects of lectures and laboratory
Course program
The main objective of the course is to introduce students to the economic analysis of agricultural production at the farm level and to analyse the economic impact of management on the economic performance of farms in order to develop a working knowledge of how basic economic concepts. The aim of lectures and class practices is to build a balance sheet and to apply the knowledge acquired on agricultural economics and market variables useful to support the decision making process at farm level.