Economics, Resilience and Diversification

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Learning Outcomes

Modules

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About the course

Target group

Students, agriculture professionals

Key words

Circular Economy, Economic viability, Resilience, Technological tools

Course introduction

Course 1 provides a comprehensive introduction to the circular economy, combining economic and technological foundations with practical applications in agriculture. Course 1 consists of Module 1 and Module 2.

Module 1 presents the principles of the circular economy, its economic and environmental impacts, and the role of technologies like IoT, blockchain, and AI in enabling sustainable practices in the agricultural sector. In addition, Module 1 discusses case studies, teaches learners to perform cost-benefit analyses, and develop investment plans for circular economy projects in their agriculture business, gaining skills in economic assessment, risk management, and technology integration.

Module 2 focuses on building resilience and diversification in agricultural businesses through circular economy principles. During Module 2 learners are trained to identify risks from external shocks (e.g., climate change, market volatility) and develop strategies to enhance their resilience in agriculture, such as crop diversification, water conservation, and soil health improvement. In addition, during Module 2, learners explore income diversification through practices like agrotourism, renewable energy generation, and waste reuse. Module 2 utilises real-world case studies, group discussions, and practical exercises to help learners design and implement resilience and diversification plans into their agriculture activities.

Details to know

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Assessment

6 Quizzes

Taught in English

Also available in 6 languages

Learning outcomes

Communication and Implementation of Principles
Raising Awareness and Facilitating Knowledge-Sharing
Sustainability Reporting and System Thinking
Implementing Circular Economy Practices
Circular Economy and Business Competitiveness
Digital Skills
Technology Integration
Innovation and Implementation of Practices
Supportive Policies and Incentives
Integration of National Best Practices
Change Management

More detailed Learning Outcomes can be found in module introductions.

The aim of Module 1 is to equip learners with a strong foundation in the economics and technologies required for implementing circular economy practices. This module focuses on understanding the key economic principles behind the circular economy, the technologies that enable its adoption, and the financial viability of investing in circular models.

Lessons

Introduction 1. Understanding the Circular Economy and Key Economic Concepts 2. Technological Advancements Supporting the Circular Economy 3. Implementing Resilience and Diversification References

Module 2 aims to help learners understand how to make agricultural businesses more resilient and diversified through Circular Economy principles. Module 2 teaches how to mitigate external shocks, such as climate change and fluctuating markets, by creating new revenue streams and reducing reliance on non-renewable resources.

Lessons

Introduction 1. Building Resilience in Agricultural Businesses 2. Diversification Strategies for Agricultural Businesses 3. Circular Economy in Practice: Implementing Resilience and Diversification References

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Project nr. 101110547.

Co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or EACEA. Neither the European Union nor the granting authority can be held responsible for them.

SkillsCourses

Economics, Resilience and Diversification