Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should be aware of the different types of risks facing agribusiness managers; understand the principles underlying the establishment of risk management policies; understand the operations of futures and options markets in Australia and overseas; use forward contracts, futures and options to manage price risks.
Synopsis Commodities compared with branded products; factors influencing commodity prices; futures markets; agricultural price instability - causes, effects, methods of price stabilisation; commodity price forecasting - fundamental and technical approaches; trading profitability and risk management.
Assessment Assignments (3000 words): 30% + Management game: 15% + Examination (3 hours): 55%