| CODE | RFS1402 | ||||||||||||||||
| TITLE | Rural Management | ||||||||||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||||||||||
| MQF LEVEL | 5 | ||||||||||||||||
| ECTS CREDITS | 4 | ||||||||||||||||
| DEPARTMENT | Rural Sciences and Food Systems | ||||||||||||||||
| DESCRIPTION | The study-unit shall comprise the following topics: Sources and uses; Technical farm records; Farm costs and depreciation; Cash flows; Gross margin; Output; Farm reports; Inventory management; Break even; Market analysis; Supply relationships. Study-unit Aims: To provide a framework within which students of this course could manage a realistic accounting system to assist the decision making process in a farm as well as prepare and analyze activity reports. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: 1. Understand the factors implied in the management of a farm. 2. Understand the balance of this activity vis-a-vis expenditure and profits. 3. Understand the different aspects of management in terms of anima husbandry and crop production. 2. Skills: By the end of the study-unit the student will be able to: 1. Follow good management practices as applied on the farm. 2. Evaluate the needs and threats on a farm both scientific and economically. 3. Determine the best analytical methods to be used for the condition/case at hand. 4. Prepare reports that are relevant to the activity in question. Main Text/s and any supplementary readings: Hopkins, John A. Elements of farm management. 4th Edition. Prentice-Hall, 1936. Fleisher, Beverly. Agricultural risk management. Rienner, 1990. Sturrock, Ford. Farm accounting and management. 6th Edition. Pitman, 1976. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||||||
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years. |
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