290011 Economics of the Food Industry

Details
Institute of Food and Resource Economics
Earliest Possible YearMSc. 1 year to MSc. 2 year
DurationOne block
 
Credits7.5 (ECTS)
Course LevelMSc
 
ExaminationFinal Examination

written examination and oral examination


Written Exam in Lecturehall

All aids allowed

Description of Examination: 4 hour written examination Project Report

Weight: 70% Writen Examination 30% Project Report



13-point scale, internal examiner
 
Organisation of TeachingTHE COURSE I OFFERED FOR THE FIRST TIME IN THE STUDY YEAR 2006/07. Lectures Exercises Project Work
 
Block PlacementBlock 1
Week Structure: C
 
Teaching LanguageEnglish
 
Optional PrerequisitesFood Markets and Organization
 
Areas of Competence the Course Will Address
Basic Science:
Elements of Basic Economics, and scientific methodology

Applied Science:
Advanced Industrial Organization Theory
Applied industrial organization
Industrial policy, competition, and anti-trust
Agricultural Production, And technology are important ellements here.

Ethics & Values
A part of this course is Industrial Policy. This gives the students the opportunity to learn applied welfare optimization.
 
Course Objectives
This course is a natural sequence to "Food Markets & Organization". It provides advanced game-theoretic tools of I.O. Furthermore it goes beyond the structure-Conduct-performance paradigm into industrial policy analysis, competition & regulation and builds on applications to Danish and international food markets
 
Course Contents
Theory of the Firm
Monopoly and Price Discrimination
Oligopoly Theory
Vertical Control
Product Differentiation
Information & Strategic Behavior
Industrial Policy and Anti-Trust
Empirical Industrial Organization with Application to Food Markets
 
Teaching And Learning Methods
The teaching is based on lectures that presents central elements of the course curricullum. Furthermore the students will work individual or in groups solving both practical and theoretical exercises. Also in groups the students will do project work under the supervision. There will be Food insustry visits duing the course.
 
Course Litterature
1. Jean Tirole (1994), "The Theory of Industrial Organization", Cambridge MA: The MIT Press

2. Stephen Martin (1993), "Industrial Economics", Upper Saddle River, NJ: Prentice Hall

3. Various Journal Articles and Industry Reports
 
Course Coordinator
Kostas Karantininis, kok@life.ku.dk, Institute of Food and Resource Economics/Production and Technology Division, Phone: 35332276
 
Study Board
Study Committee NSN
 
Course Scope
lectures66
theoretical exercises50
project work50
examination4
preparation36

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