Module code | LEK 415 |
Qualification | Undergraduate |
Faculty | Faculty of Natural and Agricultural Sciences |
Module content | Derivative instruments in agriculture: To prepare students for taking the SAFEX Agricultural Markets Division brokerage exam. Giving an in-depth knowledge on the importance of hedging. Giving an in-depth knowledge on designing and implementation of low/zero risk hedging strategies. Introduction to the mathematics of portfolio management and mathematical modelling of derivatives. Working knowledge of the mathematical relationships in the management of a hedged portfolio. Working knowledge on the applicable software for managing derivative portfolios. Introduction into the management of option portfolios. To expand the thinking on the uses of derivatives, by also dealing with the hedging of diesel cost, interest rates and weather events. |
Module credits | 16.00 |
Programmes | |
Service modules | Faculty of Economic and Management Sciences |
Prerequisites | LEK 210 GS; STK 110 GS; STK 120 GS or WTW 134 GS or WTW 165 GS |
Contact time | 1 practical per week, 3 lectures per week |
Language of tuition | Separate classes for Afrikaans and English |
Department | Agricultural Economics Extension and Rural Develo |
Period of presentation | Semester 1 |
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