Module: Farm Economics and Strategic Management in the Bioeconomy (4101-430)

Persons:

• apl ProfDr Christian Lippert (verantwortlich)

Degree Program:

• Bioeconomy (starting WS 16/17) (Master, since 01.04.2017)
  2. Semester, compulsory

Prerequisites for Attendance:

See admission regulations for the Master Programme Bioeconomy. Knowledge of basic concepts in Economics as taught in the module “Economics and Management”. This module may be attended by other students in MSc programmes at Hohenheim in agreement with the responsible module coordinator.

Sprache:

English

ECTS:

6 credits

Frequency:

every summer semester

Length of the Module:

1 semester

Module examination:

Written exam

Workload:

160 h workload = 56 h presence + 104 h preparation at home + exam

Professional competences:

In the first part of the module students learn to evaluate internal and external costs and benefits of renewable resources for (new) biobased products and processes. Various methods of investment appraisal will be applied to optimise cultivation and harvest of permanent crops by means of adequate bioeconomic models.

In the second part of the module students learn basic principles of Life-cycle Sustainability Assessment (LCSA) and are introduced to Risk Management at farm level and to stochastic risk analysis.

Key competences:

Critical analytical thinking; communication and oral presentation.

Comments:

This module is compulsory for all students of the Bioeconomy Master programme.

eLearning:

Course in ILIAS

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