Module Information
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 2 x 1 hour lectures per week |
| Practical | 7 x 3 hour practicals |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Budgeting assignment Supplementary assessment : candidates will be required to retake the element(s) of assessment that resulted in failure of the module. Outcomes assessed: 4, 5, 6 | 50% |
| Semester Exam | 1.5 Hours Outcomes assessed: 1, 2, 3, 7 | 50% |
| Supplementary Assessment | Assignment | 50% |
| Supplementary Exam | 1.5 Hours | 50% |
Learning Outcomes
On successful completion of this module, students should be able to:
Outcome 1
Identify the factors that influence land use patterns.
Outcome 2
Explain forms of land occupation and transfer
Outcome 3
Describe the planning system as it affects the rural context
Outcome 4
Identify the requisites of an accounting environment
Outcome 5
Collate information to measure the effect of known objectives on the financial status of a business.
Outcome 6
Construct budgets to demonstrate the effect of future plans on the financial status of a business
Outcome 7
Explain the basic economic principles that affect the rural economy
Brief description
This module is designed to provide students with an understanding of the primary resources required to operate a rural business and to provide an understanding of the business and economic environment in which those resources operate. Land is the main resource in the land based industries; students will identify current land use patterns in the UK and examine physical, leagl and economic factors that influence land use. This module will also provide students with business management skills. It is essential that prospective managers of small businesses are able to construct a series of financial statements based on historical data that will give a measure of financial performance. These skills can be further developed using known physical and financial data to budget and develop future plans for the resources in use.
Transferable skills
The budgeting assignment will entail the student collating relevant information about a rural business and working independently to produce a report.
.2 IT and information handling
This will be developed in the budgeting assignment through the use of spreadsheets
.3 Use and analysis of numerical information
This will be developed in the budgeting assignment and in preparatory exercises
.5 Oral discussion and presentation
Land designation seminars will develop oral presentation skills
Visit to business will to collect information will develop oral discussion skills
.7 Self-management
Deadline will be set for land designation seminar
.8 Group activity
This will form part of the land designation seminars
Reading List
Card R, Murdoch J and Schofield P Law for estate management students Primo search Department of the Environment, Welsh Office (1992) A farmers' guide to the planning system MAFF Primo search Howarth, W Land law nutshells Primo search Riddall, J G Introduction to land law Primo search Secrett, M Mastering spreadsheet budgets and forecasts Primo search Turner, J and Taylor, M (1998) Applied farm management 2nd Blackwell Science Primo search Warren, M F Financial management for farmers and growers Primo search Weetman, P Financial and management accounting Primo search Nix, - Hill, - and Williams - Land and estate management Primo search
Notes
This module is at CQFW Level 4