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Farm Management analysis: a core discipline, simple sums, sophisticated thinking

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  • Malcolm, Bill
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    Abstract

    In this paper it is argued that solving problems in farm management involves applying an appropriate balance of disciplinary knowledge. More specifically, farm management decision-making is about making choices, and the discipline of choice is economics. Thus economics is the core discipline of farm management analysis and decision-making. Modelling farm systems using the whole farm approach, with emphasis on the risky elements, can be very useful. Also enlightening is using real farm case studies to test research output. The conclusion is that bringing to bear on farm management questions a few disciplines, a few perspectives and a few figurings to explore a few futures is a useful way to go.

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    File URL: http://purl.umn.edu/120918
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    Bibliographic Info

    Article provided by Australasian Farm Business Management Network in its journal AFBM Journal.

    Volume (Year): 01 (2004)
    Issue (Month): ()
    Pages:

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    Handle: RePEc:ags:afbmau:120918

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    Web page: http://www.csu.edu.au/faculty/science/saws/afbm
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    Related research

    Keywords: farm management; farm management economics; whole farm; farm systems modelling; farm management decision analysis; Farm Management;

    References

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    1. Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics: The Journal of the International Association of Agricultural Economists, International Association of Agricultural Economists, vol. 23(1), June.
    2. Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics, Blackwell, vol. 23(1), pages 69-78, June.
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    Cited by:
    1. Painter, Marvin J., 2007. "The impact of management skills on farm incomes in Canada," AFBM Journal, Australasian Farm Business Management Network, vol. 4(1/2).
    2. Malcolm, Bill & Ho, Christie K.M. & Armstrong, Dan P. & Doyle, Peter T. & Tarrant, Katherine A. & Heard, J.W. & Leddin, C.M. & Wales, W.J., 2012. "Dairy Directions: a decade of whole farm analysis of dairy systems," Australasian Agribusiness Review, University of Melbourne, Melbourne School of Land and Environment, vol. 20.
    3. Hardaker, J. Brian, 2011. "The John L. Dillon Memorial Lecture 2010: The rise and fall of farm management as an academic discipline: an autobiographical perspective," AFBM Journal, Australasian Farm Business Management Network, vol. 8(1).
    4. Hutchings, Timothy R. & Nordblom, Thomas L., 2011. "A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia," AFBM Journal, Australasian Farm Business Management Network, vol. 8(1).

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