| Inst. for Økonomi, Skov og Landskab (2003/2004) | |||||||||||||
| Tidligst mulig placering | |||||||||||||
| Varighed | 1 semester | ||||||||||||
| Pointværdi | 6 (ECTS) | ||||||||||||
| Kursustype | Fælleskursus but BSc for Agric. Econmics | ||||||||||||
| Eksamen | skriftlig prøve med hjælpemidler Beskrivelse af eksamen: 13-skala, intern censur Eksamensdatoer: | ||||||||||||
| Rammer for undervisning | Lectures: 1 course module per week Exercises: 3 hours per week | ||||||||||||
| Blokplacering | F3, spring Tuesday 13-16 or Friday 13-16 | ||||||||||||
| Undervisningssprog | Engelsk | ||||||||||||
| Anbefalede forudsætninger | 095311 Produktionsøkonomi 096611 Introduktion til driftsøkonomi | ||||||||||||
| Kursets målsætning | |||||||||||||
| The main objective of the course is to make the participants familiar with the most important concepts of investment and finance. On successful completion of the course students are able to evaluate practical investment projects in agriculture, agribusiness and related businesses, perform investment calculations and understand basic functions of financial markets. | |||||||||||||
| Kursusindhold | |||||||||||||
| The course is addressing the following major subjects:* Basic concepts of investment appraisal (e.g. capital budgeting, NPV, IRR)* Evaluation of investment proposals (e.g. cash flow analysis, replacement decisions )* Risk analysis and capital investments (e.g. measuring risk, portfolio approach, CAPM* Financial decisions (e.g. financial leverage, M & M - analysis, bankruptcy risk, leasing)* Agricultural finance (e.g. long-term financial decisions)Furthermore the students will receive an overview of the Danish agricultural financing system. | |||||||||||||
| Undervisningsform | |||||||||||||
| Lectures and theoretical/practical exercises on investment and finance problems. The teaching of quantitative models and methods is accompanied by intensive calculation exercises. | |||||||||||||
| Litteraturhenvisninger | |||||||||||||
| H. Levy and M. Sarnat (1994): "Capital investment and Financial Decisions", 4th Edition, Prentice Hall, 711 p.Chr. Noell (2002): "Lecture Notes and Additional Literature on Investment and Finance"DLR's "Landbrugshandbog" | |||||||||||||
| Kursusansvarlig | |||||||||||||
| Christian Noell, cno@kvl.dk, Fødevareøkonomisk Institut/Afdeling for Miljø og Regional Udvikling, Tlf: 35282267 | |||||||||||||
| Studienævn | |||||||||||||
| Studienævn AHJ | |||||||||||||
| Kursusbeskrivelsesomfang | |||||||||||||
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