Upon completion of this course, students will be able to:
1. Understand the reasons for undertaking agricultural projects and their failures in less developed countries;
2. Know and understand the stages of project conception to project completion;
3. Understand the valuation of costs and benefits and adjustments of financial prices to economic values;
4. Learn the procedures for financial and economic analysis.
Types of projects: nature, scope and dimensions; Reasons for undertaking agricultural projects and causes for project failures in developing countries; Stages of project planning, appraisal, implementation and evaluation; Identification and valuation of costs and benefits and adjustments of financial prices to economic prices or values; Discounted and undiscounted measures of project worth.
Gittinger, J. P., Economic analysis of agricultural projects, EDI Series of Economic Development, The John Hopkins University Press, Baltimore, USA, 1982.
Selvavinayagam, K., Financial analysis in agricultural project preparation, FAO, Rome, Italy, 1991.
Continuous assessment 40%
Written examination 60%
Phone: +675 473 4999 Fax: +675 475 7776
