Course Title: PRINCIPLES OF AGRIBUSINESS MANAGEMENT
Course Code: ABM-701
Course Credit Hours: 3(3+0)
Prerequisites: None
Basic concepts of agribusiness, Agribusiness in perspective, Managing the agribusiness, Elements of agribusiness management (planning, organizing, leading and controlling), The agribusiness system, The organization of agribusiness, Agribusiness challenges, Business decision making, Legal structure of business organizations, Cooperatives in agribusiness, Use of economic principles in agribusiness organization, Tools for management decisions in agribusiness, Principles of capital budgeting and its application to agribusiness, Production techniques and cropping system in Pakistan, Production optimization, Agricultural marketing system, Tools for marketing decisions in agribusiness, Processing and exports of agricultural commodities, Managing human resources in agribusiness. Case studies of agribusiness firms in Pakistan.
Course Title: MARKETING OF AGRICULTURAL PRODUCTS
Course Code: ABM-703
Course Credit Hours: 3(3+0)
Prerequisites: None
Historical benchmark in agricultural marketing, Approaches to study of agricultural marketing, Food marketing management, Structure of Pakistan’s agriculture, Food manufacturing in Pakistan, Law of markets areas, Principal trends in food wholesaling and retailing, International agricultural trade, Pakistan’s food exports and imports, Various form of competition in food markets, Agri. marketing costs, Decentralization of food markets, Cooperative agricultural marketing, Role of market information, Standardization in food industry, Marketing function, Transportation, Storage and risk management, Commodity marketing (livestock and meat marketing, Milk and dairy product marketing, Poultry and egg marketing, Cotton and textile marketing, Fruit and vegetable marketing).
Course Title: MANAGERIAL ECONOMICS
Course Code: ABM-705
Course Credit Hours: 3(3+0)
Prerequisites: None
Managerial accounting, perspective, cost terms, concepts and classification, responsibility accounting and cost allocation concepts, responsibility accounting centers and performance reports, cost flows and accumulation, the basic cost flow model, cost accumulation, merchandising, manufacturing and services organization, costing systems, job order-costing systems, process costing system, hybrid product costing system, cost management systems, cost behavior and estimation, cost behavior patterns, cost estimation methods and account analysis, cost–volume–profit (CVP) analysis, the breakeven point, CVP analysis, CVP with multiple products, cost structure and leverage analysis, standard costing systems, standard costs and control, setting cost standards, overhead application in a standard costing system, differential cost analysis, differential costs versus variable costs, differential costs versus total costs, cost analysis for pricing, variable costing, variable costing versus full absorption costing, appropriateness of variable costing and full absorption costing methods, flexible budgeting.
Course Title: AGRIBUSINESS ENTREPRENEURSHIP
Course Code: ABM-702
Course Credit Hours: 3(3+0)
Prerequisites: None
The Nature and Importance of Entrepreneurs, Entrepreneurial Intentions and Corporate Entrepreneurship, Creativity and the Business Idea, International Entrepreneurship Opportunities, Legal Issues for the Entrepreneur, The Business Plan, The Marketing Plan, Organizational Plan, The Financial Plan, Sources of Funding?, Growth of The Enterprise, Accessing Resources for Growth from External Sources, Ending the Venture, Revision.
Course Title: SUPPLY CHAIN MANAGEMENT
Course Code: ABM-704
Course Credit Hours: 3(3+0)
Prerequisites: None
Supply chain management, New directions in Supply Chain Management, Formulating supply chain strategy, Agile supply chain operating environment, Developing supply chain relationships, Role of distribution in in the supply chain, Demand flow leadership, Information technologies for supply chain management, Outsourcing, Risk in the supply chain, Delivering sustainability through supply chain management, Planning and managing economies of scale in supply chain, Strategic Decisions and Business Relationships in a Supply Chain, Business process analysis, The manufacturing requirement planning II / Enterprise Resource Planning concept: Business processes and methods, Material and information flow, Just-in-Time Concept, Time management and scheduling, Cost estimating, Job order costing, Activity based costing, Intermodal transportation, Warehouse, Value chain, Performance measurement and management in the supply chain, Road transport optimization, Retail logistics, Global sourcing and supply, Supply chain metrics, Planning and forecasting, Procurement, Manufacturing, Transportation, Globalization, customer service, Collaboration, Security and workforce management, Green supply chains, Business Processes and methods, Material and information flow, Coordination in a supply chain, Contemporary case studies.
Course Title: RESEARCH METHODS IN BUSINESS
Course Code: ABM-706
Course Credit Hours: 3(3+0)
Prerequisites: None
Research design formulation, Qualitative and survey research methods, Sampling, Issues of precision and confidence in determining sample size, Data processing data, Data measurement and analysis, univariate, Bivariate and multivariate data analysis and hypothesis testing, regression analysis, Dummy dependent variable model, Linear probability model, Logit model, Probit model, Tobit model and their applications in the analysis of business data, Approaches to time series analysis and forecasting, Methods of forecasting and their reliability, Commonly used technologies in business research, Some software packages useful for data analysis, Designing of a research proposal, Individual research project formulation.
Course Title: Microeconomics
Course Code: AGEC-701
Course Credit Hours: 3(3+0)
Prerequisites: None
Economic activity and economic theory; Organization of an economic system; Theory of consumer behavior; Different approaches of consumer choice and demand. The theory of firm, production, cost and profit functions. Optimization. Firm and industry supply analysis; determination of price and output under different market conditions; Models of perfect and imperfect competition; Introduction to game theory; demand and supply for factors of production; Pareto optimality and choice under risk; Optimum distribution of resources/outputs; externalities and public goods.
Course Title: Mathematics for Economists
Course Code: AGEC-703
Course Credit Hours: 3(3+0)
Prerequisites: None
Differential Equations Linear differential equations: with constant coefficient & constant term, with variable coefficient and variable terms, qualitative approach: concept of phase diagrams, types of time paths and the dynamic stability of equilibrium, exact differential equations: solution and verification, non-linear differential equations of the first order and first degree, Bernoulli equation, separable variables, economic application: dynamics of market models, Solow growth model.
Solution and verification of second order linear differential equations with constant coefficients and constant terms, real and imaginary roots, distinct, repeated roots and complex roots, dynamic stability of equilibrium, economic applications: market models with price expectations, the interaction of inflation and unemployment in continuous time, higher order differential equations, convergence and the Routh theorem, solution of simultaneous difference equations.
Course Title: Environmental & Resource Economics
Course Code: AGEC-705
Course Credit Hours: 3(3+0)
Prerequisites: None
Economics and the environment, a framework for environmental analysis, environmental microeconomics and macroeconomics, a brief history and future of economic growth and the environment, common property, open access, and property rights, the environment as a public good, the global commons, allocation of non-renewable resources, hotelling’s rule and time discounting, greening the national income accounts, environmentally-adjusted net domestic product, agriculture’s impact on the environment, sustainable agriculture for the future, the supply of non-renewable resources, economic theory of non-renewable resource use, principles of renewable resource management, the economics of pollution control, policies for pollution control, the green economy: introduction, the relationship between economy and environment, does protecting the environment harm the economy? creating a green economy, environmental impacts of trade, trade and environment: policy and practice, trade agreements and the environment, strategies for sustainable trade, the concept of sustainable development, the economics of sustainable development.
Course Title: Research Methods in Social Sciences
Course Code: AGEC-701
Course Credit Hours: 3(3+0)
Prerequisites: None
The research process, Identification of research problem, Formulation and testing of hypotheses. statistical methods, Sampling Techniques; probabilistic and non-probabilistic, research design process, measurement of variables, questionnaire development, data collection and sources of data, types of surveys, development of research proposal, data processing and analysis, interpretation of results and report writing.
Course Title: Macroeconomics
Course Code: AGEC-702
Course Credit Hours: 3(3+0)
Prerequisites: None
Macro-economic foundation; Major macroeconomic puzzles; Aggregate demand and supply analysis (In terms of monetary and real sectors; as well as wages, prices and employment); The interplay of monetary and fiscal policies in stabilizing the economy; IS-LM model of macroeconomic analysis; Consumption, saving, investment and theory of income determination. Level of investment, interest and money. Demand for money. Money and credit, stabilization policy. Macroeconomic dynamics. Inflation, unemployment, budget deficit and public debt. International adjustment and interdependence. Business cycle.
Course Title: Econometrics
Course Code: AGEC-704
Course Credit Hours: 3(3+0)
Prerequisites: None
The nature of simple and multiple regression analysis; Violation of basic assumptions, Single equation regression models and their applications in economics. Problems of estimation and hypotheses testing, Regression of dummy variables; limited dependent variables; Multicollinearity, Heteroscedasticity, Autocorrelation and model specification problems; Distributed and autoregressive lag models, finite and infinite distribution lags. Adaptive expectations, partial adjustment and rational expectations models; Simultaneous equation models; Identification problems; Indirect least squares, 2SLS, 3SLS and seemingly unrelated regression models; Qualitative response models, Panel data, Time series analysis.
Course Title: Agricultural Development
Course Code: AGEC-706
Course Credit Hours: 3(3+0)
Prerequisites: None
Inter-sectoral linkages of Agriculture, Agricultural development in historical perspective; Nature of traditional agriculture; Green revolution; Rational peasants; Determinants of urban rural disparity; Models of agricultural growth; Role of technology in agricultural growth; Interdependence between agricultural growth and economic growth; Growth, inequality and poverty; Models for the analysis of food security and sustainable agriculture; Agricultural development issues in Pakistan; Foreign aid and food aid. Value chain for Agricultural Development.
Course Title: Pakistan Economy
Course Code: AGEC-708
Course Credit Hours: 3(3+0)
Prerequisites: None
Identification of major economic issues; development pattern, policy and emergence of economic issues, poverty, unemployment and inflation etc. neglect of human development; financial allocation, strategies and priorities. Financial restructuring in Pakistan: financial reforms, Autonomy of central bank, privatization of financial institutions. Resource mobilization and public debt, text structure: direct and indirect excess. Deficits and inflation crises. Public debt sustainability, fiscal responsibility law. Fiscal relations after devolution plan. Neglect of institutions development and its impacts: state, market and civil institutions. Balance of payment, deficit, trade stability, foreign trade and development. Resilience of Pakistan’s external sector, remittances inflow and its impact, export competitiveness and diversification. Recent trends in international trade. Major sources of economics growth in Pakistan, Research and development poverty and income distribution. Governance issue, politics and economic development. Unemployment and under employment. Current economic policies and economic development.