Course: Farm Level Methods (4904-451)

Persons:

• Prof. Dr. Thomas Berger (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

The general objective of the farm-level part is to provide the necessary tools to conduct detailed farm business analyses. The student should become familiar with basic accounting concepts like depreciation, balance sheet, income statement (and their interpretation), and the different forms of budgeting, such as partial, enterprise, whole farm and cash flow budgets.

The specific goals are to enable the participants to analyze (a) liquidity and solvency in farm businesses, (b) financial feasibility of investments; and to understand (c) the basic economics of credit use.

Location:

Hohenheim

Remarks:

1st half of semester.

Module:

• 4904-450 Farm and Project Evaluation (compulsory)