Yearbooks

Agricultural economics 415


 
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
NQF Level 08
Prerequisites LEK 210 GS and any one of the following modules: STK 110 GS, STK 120 GS, BME 120, WTW 134 GS, WTW 165 GS
Contact time 1 practical per week, 3 lectures per week
Language of tuition Module is presented in English
Department Agricultural Economics Extension and Rural Develo
Period of presentation Semester 1

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