Economy of Plant Production (3 cr)
Code: LMSK0100-3003
General information
Timing
07.01.2021 - 31.07.2021
Number of ECTS credits allocated
3 op
Virtual portion
3 op
Mode of delivery
Online learning
Unit
School of Technology
Teaching languages
- Finnish
Seats
0 - 40
Degree programmes
- Bachelor's Degree Programme in Agricultural and Rural Industries
Teachers
- Jaana Auer
Groups
-
ZJA21KLAvoin AMK, luva
-
ZJA20SLNVAvoin amk, luva, nuoren viljelijän opinnot
-
ZJK21KLKorkeakoulujen välinen yhteistyö, LUVAKO
Objectives
The student can calculate the profitability of plant cultivation, machinery costs and knows profitability factors and the market situation of plant cultivation. The student can assess economic value for field.
Content
Gross margin, production costs, net revenue, machinery costs, profitability factors in plant cultivation, economic value of field, crop markets and market risk management
Time and location
online course
Learning materials and recommended literature
teaching material
Palva, R.2017.Konetyön kustannukset ja tilastolliset urakointihinnat. TTS; Markkinariskien hallinta maatilalla.2013. Tieto tuottamaan 138.
ajankohtaisten ammattilehtiartikkelien kokoelma verkko-oppimisympäristössä
Teaching methods
distance learning
independent studies
assignments
Exam dates and retake possibilities
no exam, evaluation through assignments
Student workload
independent study total 81 h
Further information for students
AvoinAMK 20
CampusOnline 20
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
T1. Adequate. The student can make profitability calculations for most common crops and can calculate machinery costs.
T2 Satisfactory. In addition to earlier the student is able to gather information of crop and input markets.
H3 Good. In addition to earlier the student can assess economic value of field and knows factors effecting field prices. The student is aware of profitability factors effecting to cropping plan.
K4 Very good learner. In addition to earlier the student can calculate profitability and production costs in varied planning situations.
E5 Excellent. In addition to earlier the student can take into account changes in markets and is familiar with market risk management.