Online Courses Handbook 2003

304034 (v.2) Agribusiness Systems 501

Area:	Muresk Institute of Agriculture
Contact Hours:	5.0
Credits:	25.0
Lecture:	1 x 1 Hours Weekly
Tutorial:	1 x 2 Hours Weekly
Fieldwork:	1 x 2 Hours Monthly
Equivalent(s):	303220 (v.1) Agribusiness Systems 101 301705 (v.1) Agribusiness Systems 101 11237 (v.1) Horticultural Management 111 1669 (v.5) Farm Management 101
Fundamentals of the agribusiness system. Exploration of the concepts of systems and systems analysis. Application of concepts to an analysis and evaluation of agribusiness systems, also known as supply or demand chains. Theory of consumer behaviour, marginal utility and indifference analysis, the law of diminishing marginal utility and equi-marginal principle.