Make yourself aware about the various types of risk that affect the stakeholders of the Agricultural Economy and the ways with which these risks can be mitigated. Agriculture has been and will be for ever an essential part of the economics in the modern world. But this essential ingredient of the economy as well as the existence of the human civilisation is having a lot of risks associated with it. However, as food is an essential part of survival, the risk must be endured.
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It will be possible to mitigate the risk associated with any activity only if we understand the types of risks associated with them. While risk is a part of our growth, to minimise the effects of the risk is the essence.
This course discusses the various types of risks associated with the business of agriculture with focus on risks associated with financing of agricultural activity. It also throws light on the mitigating factors for those risks and make the learner an able risk taker.
What you'll learn
- The meaning and definition of risk
- Various types of risks
- Risks associated with agriculture.
- Risks associated with related and allied activities.
- How risk affects the stake holders
- Risks associated with financing of agricultural activities.
- Different risk mitigation measures.
- Good agricultural practices
- How lenders mitigate their risks
Syllabus
Week 1. Definition and Type of Risks
Week 2. Types of Risks in Agriculture
Risk associated with allied agriculture activities
Week 3. Risks associated with Agricultural Credit
Risk Mitigation Measures in Agriculture
Week 4. Credit Risk Management by Financing Institutions
