Course code VadZ3048

Credit points 3

Analysis of Economic Activities in Rural Farm

Total Hours in Course81

Number of hours for lectures16

Number of hours for seminars and practical classes16

Independent study hours49

Date of course confirmation20.05.2015

Responsible UnitInstitute of Business and Management Science

Course developer

author lect.

Linda Siliņa

Dr. oec.

Prior knowledge

Ekon1024, Microeconomics

Ekon2079, Simple-entry Accounting

Ekon2081, Finance and Credit

Ekon2122, Statistics

Ekon3090, Tax Accounting

Course abstract

After the study of the above subject the students become aware of the goals, tasks, kinds and methods of analysis of farm activities. The students acquire practical knowledge for analysis of rural farm production and sale, using of production resources and production costs. The students appreciate electivity of investments, effectiveness and profit analyse, production costs analyse, balance of book-keeping analyse.

Learning outcomes and their assessment

Knowledge – on the goals, objectives, methods and techniques of analysis of economic activities. Formed knowledge on costs and profit, its analysis. Acquired knowledge in analysis of investment efficiency, production and resource efficiency, analysis of balance sheet and profit and loss accounts for rural farm.
Skills – students can use their knowledge on analyzing and evaluating performance of rural farm. Students are able to work independently with financial statements to determine the actual situation and position of rural farm and give recommendations.
Competence – after completing the theoretical course and gaining practical skills on analysis of economic activities, students are able to perform economic evaluation of rural farm and to ensure efficient control and planning of economic activities.

Compulsory reading

1. Шеремент А.Д. Теория экономического анализа. Москва: Инфра-М, 2005. 365 с.
2. Rurāne M. Finanšu menedžments. Rīga: RSEBAA, 2005. 384 lpp.
3. Šneidere R. Finanšu analīzes metodes uzņēmuma maksātnespējas prognozēšanai. Rīga: Lietišķās informācijas dienests, 2009. 232 lpp..
4. Гинзбург А.И. Экономический анализ. Санкт-Петербург: Питер Пресс, 2008. 528 c.

Further reading

1. Uzņēmuma darbības novērtēšana (HBR). Drakers Pīters u.c. Rīga: Lietišķās informācijas dienests, 2008. 180 lpp.
2. Januška M. Firmas finansiāli ekonomiskā stāvokļa analīzes metodika: prakstisks palīglīdzeklis. Rīga: ZKC SIA “Inovācija”, 2002. 40 lpp.
3. Glanville A., Glanville J. Economics from global perspective. 3rd.ed. Glanville books Ltd., 2011. 561 p.

Periodicals and other sources

1. Bilance: žurnāls par grāmatvedību, likumdošanu un finansēm. Rīga: SIA Lietišķās informācijas dienests, 2003. ISSN 1407-5709
2. Kapitāls: biznesa un ekonomikas žurnāls. Rīga: Izdevniecība IKK, 1999. ISBN 14072505
3. The Economist: London: Economist Newspaper Ltd. ISSN 0013-0613. Pieejams arī : http://www.economist.com/?sa_campaign=econsubs/europe/subspage/imglink. [Skatīts 18.02.2015.]