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Best if printed in landscape.

Review and Summary

Introduce Agricultural Management

Overview of Economic Resources

Management is Decision Making

Role of Goals

Decision Making Process

Agriculture and Selected Economic Concepts

Trends in Agriculture -- Causes and Implications

Demand and Supply

Characteristics of Competition

Financial Goals in Decision Making

Financial Goals and Financial Statements

Accounting Profit, Depreciation and Opportunity Cost

Production Theory and Diminishing Marginal Productivity

Enterprise Analysis

Partial Budget Analysis

Related topics of Present Value, Cash Flow, and Risk

Management Skills

Strategic Planning

Business Planning Process

Strategic Alliances: Contracts, Business Co-ownership, and Supply Chain Management

Additional Thoughts about Economic Resources

Land

Labor

Capital

Information

Risk

Review and Summary

These materials have addressed making decisions in an agricultural business by reviewing and integrating selected economic, financial, and managerial concepts while considering how production, information and transportation technologies are influencing how we biologically capture current sunshine to meet our needs.

Some of the specific topics were ?????

 

Last Updated August 17, 2010

   

Email: David.Saxowsky@ndsu.edu

This material is intended for educational purposes only. It is not a substitute for competent professional advice. Seek appropriate advice for answers to your specific questions.

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Published by Agricusiness and Applied Economics
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North Dakota State University, Fargo, ND 58105-5636
Phone: (701) 231-7441