AE4303 : Farm Management

Department

Academic Program

Type

Compulsory

Credits

Prerequisite

Overview

The course provides the students with basic knowledge of the science of farm management, the various methods of planning, organizing, following up and monitoring farm business, how to deal with problems and take appropriate farm decisions. Providing students with the foundations, knowledge and skills that qualify them to manage and supervise plant and animal production projects in terms of planning and control, evaluating and directing investments between the various activities of agricultural production, and making investment decisions for agricultural projects under conditions of risk and uncertainty.

Intended learning outcomes

By the end of the course the student will be able to:

A. A. Knowledge & understand

A.1 Recognize economic concepts that can be applied to decision-making using farm situations.

A.2 Develop skills in planning, budgeting, and financial analysis of farm businesses, and investment analysis.

A.3 Able to achieve optimal use of production factors on the farm and achieve economic efficiency.

A.4 Proposes modifications by developing new or alternative systems to improve performance

A.5 explains how to submit farm reports and records

B- Mental skills

B.1 Analyzes decision rules to identify conditions that maximize profit.

B.2 Proposes plans for the entire farm using budget concepts to develop the farm and dentify alternative business plans.

B.3 Links the economic foundations and criteria that govern the planning, executive and control decisions in the areas of production and marketing.

B.4 concludes how to manage financing for plant and animal production projects

B.5 reviews the optimal size of the agricultural production unit

C. Practical & professional skills

C.1 A uses the economic rules that govern the selection of agricultural resources to select productive combinations of different agricultural commodities

C.2 decides different alternatives to make a production or investment decision.

C.3 provide advice in the field of farm management, especially in determining the financial and economic position of the farm and identifying areas that give the highest returns.

C.4 Design reports and farm records

C.5 Makes investment decisions for agricultural projects under conditions of risk and uncertainty

D. Generic and transferable skills

D.1 presents information and explains phenomena in scientific and clear images

D.2 Use appropriate audio and visual means in presenting data and information

D.3 Works in a team, and understands group behavior

D.4 adheres to time

D.5 committed to the Professional Ethics

Teaching and learning methods

•Lectures

• Using dialogue, discussions, and delivering with students during the lecture.

• Make groups for discussions

Methods of assessments

percentage	Assessment date (week)	Assessment methods	number
20 %	After the fifth week of the study	First midterm exam	1.
20 %	After the tenth week of the study	Second midterm exam	2.
10%	After the twelfth week of study	Practical exam	3
50%	After the twelfth week of the study	Final exam	4
100%		Total

Farm Management (AE4303)
Project Evaluation (AE4803)
Macroeconomics (أز 4103)
Econometrics (أز 4503)
Agricultural Marketin (أز 4203)
Agricultural production of economics (أ.ز4703)
Research methods (أ.ز4903)
Seminar (4971 AE)
Agricultural Development (أز 4403)