733334 Special methods in the agricultural business management


Type
Lecture and exercise
Semester hours
2
Lecturer (assistant)
Organisation
Offered in
Wintersemester 2022/23
Languages of instruction
Deutsch

Content

Risk analysis and risk management in agriculture at farm level (decision making problems, basics in probability theory, risk analysis, choice under uncertainty, risk management instruments).

Risk analysis and risk management are dealt with primarily in an agricultural context, but the underlying content is of broader relevance, particularly in agricultural and food economics, but also beyond.

Previous knowledge expected

Bachelor degree, advanced knowledge of farm management, basic knowledge of spreadsheet software, basic knowledge in stochastics/statisticss

Objective (expected results of study and acquired competences)

After completing the course
- students know the principles of risk management
- students are able to develop simple computer-aided analyses for decision situations under uncertainty/risk and to make managerial decisions based on these.
You can find more details like the schedule or information about exams on the course-page in BOKUonline.