Agricultural production economics
| Structure Type: | Course |
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| Code: | KA01CLITO06 |
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| Level: | Bachelor |
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| Credits: | 6.0 points |
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| Responsible Teacher: | Tiainen, Juha |
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| Teacher Team: | Ryhänen, Matti |
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| Language of Instruction: | Finnish |
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Learning Outcomes
Students will be familiar with the production and cost theory. They will be competent in obtaining new information from academic publications, for example, and utilising that information to solve production problems. Students will understand the theory behind field-related experiments and analyse datasets.
Student's Workload
Will be announced at the beginning of the course.
Prerequisites / Recommended Optional Courses
KA01LIIKE01
Contents
- Theory vs. the real world
- Theory vs. models
- Presenting phenomena graphically and mathematically
- Optimization (input-output and input-input relationships)
- Maximizing profit and minimizing costs
- Empirical applications
Recommended or Required Reading
- Ryhänen & Sipiläinen (toim.) 2011. Maatalousyrityksen johtaminen ja tuotannon suunnittelu. Handout.
- Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. pp. 105-156.
- Turkki 2008. Tuotantoekonomia. University of Helsinki: Dept. of Economics. Series No. 4. 2nd edition.
- Lecture notes and other material as indicated during lectures.
Mode of Delivery / Planned Learning Activities and Teaching Methods
- Lectures
- Independent study
Assessment Criteria
Grading will be announced during the course.
Assessment Methods
- Exam
- Assignments
Work Placement
None
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