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This unit provides students with the economic and business skills and knowledge to manage a sheep enterprise in Australia for profit. It represents a specialisation for students planning to enter the sheep and wool industry. The unit has four modules. The first module contains a set of topics on methods useful for making resource use decisions and measuring performance in sheep enterprises. The second module provides an overview of the wool and sheepmeat supply chain. The third module includes topics on managing mixed enterprises, risk, sustainability, finance and taxation, legal and regulatory issues, and disease control. Current economic policy and research issues are the subject of the fourth module.