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


Written Exam in Lecturehall

All aids allowed

Description of Examination: 1. Two (2) hours written examination in lecturehall. 2. Each student specify their individual contribution to the project report and will be assessed accordingly

Weight: 50% Writen Examination 50% Project Work



7-point scale, internal examiner

Dates of Exam:
26 January 2008
 
Requirement For Attending ExamOral presentation of project report
 
Organisation of TeachingLectures Exercises Project Work
 
Block PlacementBlock 2
Week Structure: C
 
Teaching LanguageEnglish
 
RestrictionsNone
 
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 individually or in groups solving both practical and theoretical exercises. Also in groups the students will do project work under supervision. There will be Food insustry visits during the course.
 
Learning Outcome
Stipulated in "Areas of Competence the Course Will Address"
 
Course Litterature
1. MAIN TEXT:
Jean Tirole (1994), "The Theory of Industrial Organization", Cambridge MA: The MIT Press

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

2b. 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
Philipp Festerling, phf@foi.dk, Institute of Food and Resource Economics/Production and Technology Division, Phone: 35332299
 
Study Board
Study Committee NSN
 
Course Scope
lectures48
theoretical exercises30
project work48
examination2
preparation78

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