303325 (v.2) Farm Business Systems Analysis 201

Area:

Muresk Institute

Credits:

25.0

Contact Hours:

5.0

Lecture:

1 x 3 Hours Weekly

Tutorial:

1 x 2 Hours Weekly

Prerequisite(s):

303298 (v.2) Farm Business Systems 102 or any previous version

Co Requisite(s):

303244 (v.2) Agribusiness Systems Analysis 201 or any previous version

Syllabus:

Reviews the various tools and techniques used for analysing a farm business. Includes identifying business and family goals, understanding the base recourses of the business, potential, water use efficiency, comparative and trend analysis, profit drivers, control systems and financial analysis.

Unit Outcomes:

On successful completion of this unit, students will have- Prepared reports that constructively and competently analysed management of individual livestock and cropping enterprises and the principal components of a farm business. Demonstrated the abilityto develop and apply simple but effective Excel 5.0 spreadsheets for the analysis and budgets required for the unit. Demonstrated the ability to write independent, clear readable and informative reports and assignments.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Anderson, J.B.; Hardaker, J.B. and Blair, S., (1994). DARE Style Guide: A Guide to Students for the Presentation of Dissertationsd, Theses and Assignments, UNE, Armidale, NSW, Department of Agricultural and Resource Economics. Barnard, C.S. and Nix, J.S., (1979). Farm Planning and Control, 2nd ed, Cambridge, UK, Cambridge University Press. Barry, P.J.; Ellinger, P.H.; Hopkin, J.A. and Baker, C.B., (1995). Financial Management in Agriculture, 5th ed, Danville, Illinois, Interstate Publishers. Bent, M.J.M., (1993). Livestock Productivity Enhancers: An Economic Assessment, Wallingford, UK, CAB International. Boehlje, M.D. and Ediman, V.R., (1984). Farm Management, New York John Wiley. Eckersley, P., (1990). Using Gross Margins, Bulletin No. 4172, South Perth, WA, Western Australia Department of Agriculture. Libben, J.D.; Catlett, L.B. and Jones, M.L., (1994). Cash Flow Planning in Agriculture, Ames, Iowa, Iowa State University Press. Obst, W.J., (1986). Practical Farm Business Management, Melbourne, Inkata Press. Pae, A.N., (1994). Activity Analysis and Decision Making, Wallingford, UK, CAB International.

Unit Texts:

Makeham, J.P. and Malcolm, L.R., (1993). The Farming Game Now, Cambridge, Cambridge University Press.

Unit Assessment Breakdown:

Enterprise Analysis Report 30%, Examination 40%, Market Presentation 10%, Monitoring Reports 10%, Tutorials 10%. This is a Grade/Mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Northam Campus	Semester 1	Y