AG-290 Farm Project Management

Course Description: 

This course introduces the key concepts of entrepreneurship, business plan, market niche, and accounts for business transactions, record keeping, credit, business venture, taxes, costs, and business structure.

A.  PROGRAM LEARNING OUTCOMES (PLOs): 

 The student will be able to:

  1. Acquire fundamental concepts and principles of agriculture and natural resources focusing on development and production in a sustainable manner appropriate to Micronesia.
  2. Demonstrate basic competencies in the management of land resources and food production.
  3. Acquire basic skills, knowledge and attitude to manage a sustainable food production enterprise or qualify for entry-level employment in an agriculture or natural resource management-related agency.
  4. Acquire a sound scientific background that will allow transfer to a higher degree program related to land resources and food systems.

 

B.  STUDENT LEARNING OUTCOMES (SLOs) - GENERAL: 

The student will be able to:

1.      Explain and discuss the historical development of agribusiness

2.      Explain what is entrepreneurship and describe challenges of entrepreneurship

3.      Describe the agribusiness Input Sector (policy and credit)

4.      Explain the agribusiness Output Sector (Marketing)

 

SLO

PLO1

PLO2

PLO3

PLO4

1

I

ID

ID

ID

2

I

ID

ID

ID

3

I

ID

ID

IDM

4

I

D

DM

DM

 

I = Introduced

D = Demonstrated

M = Mastered

 

C.  STUDENT LEARNING OUTCOMES (SLOs) - SPECIFIC: 

The student will be able to: 

 

      General SLO 1.  Explain and discuss the historical development of agribusiness.

Student Learning Outcomes

Assessment Strategies

1.1. Explain how agribusiness affects us daily.

Testing questions, Essays

1.2. Discuss the success of American agribusiness.

Testing questions

1.3. Describe the new agricultural technologies.

Testing questions,

 

 

      General SLO 2.  Explain what entrepreneurship is and describe challenges of entrepreneurship.

Student Learning Outcomes

Assessment Strategies

2.1. Describe the characteristics of an entrepreneur.

 

Group discussions, testing questions

2.2. Prepare a business plan.

Project presentation

2.3. Discuss how businesses fail.

Group discussion, testing questions

 

General SLO 3.  Analyze a potential agriculture project.

Student Learning Outcomes

Assessment Strategies

3.1. Explain why agricultural policies are needed.

Survey, testing questions

3.2. Explain the function of money and banks, calculate interest rates.

Testing questions

3.3. Explain the role of government in promoting economic stability.

Testing questions

 

General SLO 4.  Describe the agribusiness Input Sector (policy and credit).

Student Learning Outcomes

Assessment Strategies

4.1. Explain how the price of commodity is determined.

Testing questions

4.2. Describe marketing channels.

Testing questions

4.3. Discuss agriculture commodity processors and manufacture.

Field trip reports, testing questions

4.4. Explain agribusiness wholesaling and retailing.

Testing questions

 

D.  COURSE CONTENT

1.      Agriculture and Agribusiness

2.      The size and importance of agribusiness

3.      Emerging Agribusiness Technologies

4.      Planning and Organizing

5.      Types of Agribusiness

6.      Record keeping and accounting

7.      Human Resource Management

8.      Farm Management

9.      Input Sector (Policy and Credit)

10.  Output Sector (Marketing)

11.  Agriculture Economics

 

E.  METHODS OF INSTRUCTION

Lecture

Group discussions

Reports

Presentations

Field Trips

 

F.  REQURIED TEXT(S) AND COURSE MATERIALS

Agribusiness: Fundamentals and Applications, by C. Rickeetts and K, Ricketts, 2th Edition, 2001, Delmar, Cengage Learning (or most recent edition).

 

G.  REFERENCE MATERIALS

None

 

H.  INSTRUCTIONAL COSTS

None

 

I.   EVALUATION

The student must exhibit proficiency of at least 70% to receive a passing grade of “C”.

 

J.   CREDIT BY EXAMINATION

None

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