Agribusiness 1

An understanding of managerial economic theory to solving real world problems is integral to sound business decision-making. Through this subject student will gain an understanding of, and ability to apply, key micro economic principles and applied economics and finance to management decisions in agriculture and food sectors. They will also experience the application of management economics to Australian and global agribusiness issues and challenges. Students will become familiar with concepts of market demand and supply, theory of the firm, market structure, trade, market failure, the impact of government policies, financial statements and capital budgeting.