| Institute of Food and Resource Economics | |||||||||||||||
| Earliest Possible Year | MSc. 1 year to MSc. 2 year | ||||||||||||||
| Duration | One block | ||||||||||||||
| Credits | 7.5 (ECTS) | ||||||||||||||
| Course Level | MSc Coincides with Thematic course: Agribusiness Economics | ||||||||||||||
| Examination | Final Examination written examination Written Exam in Lecturehall All aids allowed Description of Examination: a. Written examination (3 hrs): Questions and exercises on both theory and applications. b. Theoretical exercises during the course prepared and handed in individually Weight: Written exam: 80% Theoretical exercises 20% 7-point scale, internal examiner Dates of Exam: 31 October 2008 | ||||||||||||||
| Organisation of Teaching | a. Lectures by the instructor b. lectures and discussions with agribusiness executives c. theoretical exercises d. industry visits | ||||||||||||||
| Block Placement | Block 1 Week Structure: B | ||||||||||||||
| Teaching Language | English | ||||||||||||||
| Optional Prerequisites | 270065 270050 Consumer Economics and Policy Any course on micro-economics or industrial organization at intermediate level or equivalent | ||||||||||||||
| Mandatory Prerequisites | 290025 A course in undergraduate microeconomics or equivalent | ||||||||||||||
| Restrictions | None | ||||||||||||||
| Course Contents | |||||||||||||||
| a. The Danish agri-food industry b. Organization of the agri-food industry: the IO approach c. Price determination and trategy d. Horizontal Organization e. Vertical organization f. Price discovery g. Competition policy h. Empirical industrial organization | |||||||||||||||
| Teaching And Learning Methods | |||||||||||||||
| a. Class lectures b. Theoretical exercises c. Lectures and discussions with industry experts d. Visit agri-business firms | |||||||||||||||
| Learning Outcome | |||||||||||||||
| The main objective of the course is to provide the student with analytical tools and field knowledge: a. The necessary analytical tools for the study of the agri-food industry b. An understanding of the structure and organization of the agri-food industry After completing the course the student should be able to: Knowledge: a. Know the main developments in modern industrial organization theory and the theory as it is applied to the agri-food industry b. Describe and analyze issues pertaining in the agri-food industry such as mergers, competition vertical integration, and innovation c. describe and analyze industrial policies related to competition in the agri-food industry Skills: Use modern industrial organization models with game theory applications to agri-food industry applications Competences: a. Identify, describe and analyze functions, structure and other issues in the agri-food industry in Denmark, Europe and internationally b. Apply modern industrial organization models and quantitative methods on problems and issues in the agri-food industry | |||||||||||||||
| Course Litterature | |||||||||||||||
| a. Church, J.R., and R. Ware, (2008), ""Industrial organization", Cambridge University Press b. Journal articles c. 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 | |||||||||||||||
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