Economy of agri-food businesses

Academic Year 2023/2024 - Teacher: CLAUDIO BELLIA

Expected Learning Outcomes

To provide knowledge about the company and its relationships with the principal economic corporations, business classification, the economy and the financial statements; to develop expertise on budget and industrial accounting indicators, in order to assess the cost and profitability of the company; and to introduce the business plan.

Course Structure

Lectures and exercises Case studies discussion; group work; thematic seminars. 

In case of on line teaching, it may necessary to change some tipologies of exercises in order to comply with the outline. Learning assessment can also be carried out online, if conditions require it.

As a guarantee of equal opportunities and in compliance with current laws, interested students can ask for a personal interview in order to plan any compensatory and/or dispensatory measures, based on their specific needs and on teaching objectives of the discipline. 
It is also possible to ask the departmental contacts of CInAP (Centre for Active and Participatory Inclusion - Services for Disabilities and/or DSAs), in the persons of professor Anna De Angelis.





Attendance of Lessons

Frequency is not compulsory.

Detailed Course Content

1. Economy of agri-food businesses 1.1. The agro-food system in Italy and Sicily 1.2. The enterprise and its economic and social role 1.3. Classification of companies 1.4. Relations between the enterprise and the socio-economic environment 1.5. The protagonists in the enterprise's life: the theory of 'stakeholder' 1.6. Entrepreneurial goals 2. The economy, income and capital 2.1. The principle of economics 2.2.Il operating income 2.2.1. The detection 2.2.2. The financial statements 2.2.3. The result of exercise 2.3. Budgetary analysis 2.3.1. Budget Index Analysis 2.3.2. Budget Analysis for Flows 3. Analytical-management or industrial accounting 4. The business plan

Textbook Information

  • Fiorillo V, Lo Zoppo M.: Agribusiness Management dell'azienda agricola Egea, 2021
  • Sciarelli S.: La gestione dell’impresa. Tra teoria e pratica aziendale, CEDAM, Padova, 2014.
  • Airoldi G., Brunetti G., Coda V., Corso di economia aziendale, il Mulino, Bologna, 2005.
  • Torquati B.: Economia e gestione dell’impresa agraria, Edagricole, Bologna, 2003.

Course Planning

 SubjectsText References
11. Economia delle imprese agroalimentari
21.1. Il sistema agroalimentare in Italia ed in SiciliaMateriale didattico 
31.2. L’impresa ed il suo ruolo economico e socialeSciarelli, 2014: Capitolo 1
41.3. Classificazione delle impreseFiorillo et al. Cap.2
51.4. I rapporti tra l’impresa e l’ambiente socio-economicoSciarelli, 2014: Capitolo 2
61.5. I protagonisti nella vita dell’impresa: la teoria degli «stakeholder»Sciarelli, 2014: Capitolo 3
71.6. Le finalità imprenditorialiSciarelli, 2014: Capitolo 4
81.7. Comportamenti imprenditoriali e gestione strategica: strategie competitive e percorsi di sviluppo aziendale Sciarelli, 2014: Capitolo 5 e Capitolo 6
92. L’economicità, il reddito ed il capitaleFiorillo et al. Cap.3
102.1. Il principio di economicitàAiroldi et al., 2005: Capitolo 5
112.2. I modelli di rappresentazione dell'economicità delle impresaAiroldi et al., 2005: Capitolo 6
122.3. L’analisi di bilancioFiorillo et al. Cap.4
132.3.1. L’analisi di bilancio per indiciAiroldi et al., 2005: Capitolo 7; materiale didattico 
142.3.2. L’analisi di bilancio per flussiMateriale didattico Fiorillo et al. Cap.4
15VAn Tir etc.Fiorillo et al. Cap.5

Learning Assessment

Learning Assessment Procedures

The examination consists of an oral test preceded by a possible non-compulsory intermediate test.

Voting follows the following scheme:

Below 18:

Knowledge and understanding of the topic: Important deficiencies. Significant inaccuracies

Analysis and synthesis skills: Irrelevant. Frequent generalizations. Inability to synthesize

Use of references: Completely inappropriate



Knowledge and understanding of the topic: At threshold level. Obvious imperfections

Analysis and synthesis skills: Just sufficient skills

Use of references: As appropriate



Knowledge and understanding of the topic: Routine knowledge Analysis and synthesis skills: Able to correctly analyze and summarize. Argue logically and coherently

Using references: Use standard references



Knowledge and understanding of the topic: Good knowledge

Analysis and synthesis skills: Has good analysis and synthesis skills. The arguments are expressed coherently

Using references: Use standard references



Knowledge and understanding of the topic: More than good knowledge

Analysis and synthesis skills: Has considerable analysis and synthesis skills

Use of references: He explored the topics in depth



Knowledge and understanding of the topic: Excellent knowledge

Analysis and synthesis skills: Has considerable analysis and synthesis skills.

Using references: Important insights.

Examples of frequently asked questions and / or exercises

Enterprise classification, choosing at least 4 parameters

Business purpose

Type and relative role of stakeholders

elaboration of the annual financial statements

Allocation of the operating result

Areas of financial statement analysis by index

Cash flow statement