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Agricultural Management Economics - Activity Analysis and Decision Making (Paperback)
Loot Price: R1,403
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Agricultural Management Economics - Activity Analysis and Decision Making (Paperback)
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This book on agricultural management and decision making differs
from other texts which tend to describe production economics
followed by the presentation of analytical approaches. Instead, the
processes of agricultural production and their management are
couched in terms of activity analysis, since this permits greater
integration of theory with practical evaluations. Analytical tools
developed in the book involve the construction of spreadsheet
models, and readers are able to construct their own PC spreadsheets
from the book s examples and case studies. Economic principles are
presented that will assist in improving the design of agricultural
processes and technologies, in guiding their appropriate
combination in a business setting, and with the making of decisions
through time and in recognition of noncertainty. Activity analysis
models that allow the design and combination of agricultural
activities to be optimized are also discussed. These include single
versus multiple objective models, investment models, and approaches
that allow decisions to be optimized under conditions of
noncertainty"
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