| Fødevareøkonomisk Institut | |||||||||||||||||||
| English title | Thematic Course: Agribusiness Economics | ||||||||||||||||||
| Tidligst mulig placering | Kandidat 1.år til Kandidat 2. år | ||||||||||||||||||
| Varighed | To blokke | ||||||||||||||||||
| Pointværdi | 15 (ECTS) | ||||||||||||||||||
| Kursustype | Kandidatkursus | ||||||||||||||||||
| Eksamen | Løbende eksamen skriftlig og mundtlig eksamen Skriftlig auditorieeksamen Alle hjælpemidler tilladt Beskrivelse af eksamen: a. Written final exam (2 hrs) b. Mid-Term exam (2 hrs written). End of 1st blok. c. Research paper. Topic selected at begining of course, presented at the end. Maximum Two(2) Students on each paper. Contributions of each student are agreed upon at the begining. Each student evaluated according to individual contribution and upon individual questions during presentation. d. Theoretical exercises Vægtning: Written exam: 20% Mid-Term Exam: 20% Research paper & presentation: 30% Theoretical exercises: 30% 7-trinsskala, intern censur Eksamensdatoer: 27. januar 2010 | ||||||||||||||||||
| Rammer for undervisning | a. Lectures by the instructor b. Lectures and discussions with agri-business and farm organization executives c. Case studies d. Research paper d. Theoretical exercizes e. Industry visits | ||||||||||||||||||
| Blokplacering | Block 1 Ugestruktur: B Block 2 Ugestruktur: B | ||||||||||||||||||
| Undervisningssprog | Engelsk | ||||||||||||||||||
| Anbefalede forudsætninger | 290055 Mikroøkonomi Any course on microeconomics or industrial organization at intermediate level or equivalent | ||||||||||||||||||
| Begrænset deltagerantal | None | ||||||||||||||||||
| Kursusindhold | |||||||||||||||||||
| A. Industrial Organization (IO) Approach: 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 B. New Institutional Economics (NIE)Approach: a. The Danish agri-food industry b. Organization of the agri-food industry: The NIE approach c. European agri-food systems and trends d. The supply and demand for food e. Quality, food safety and the consumer f. Global Food Markets g. Theory of the firm h. New institutional economics i. Chain management and organization j. Agri-food Cooperatives and organizations k. Contracts and food quality | |||||||||||||||||||
| Undervisningsform | |||||||||||||||||||
| a. Class lectures b. Lectures and discussions with industry experts c. Visit agri-business organizations d. Case studies e. Writing of Research paper The research paper is written in close collaboration with industry experts f. Presentation in the form of a mini conference with assigned discussants and audience of experts | |||||||||||||||||||
| Målbeskrivelse | |||||||||||||||||||
| Overall Objective 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 and the organizations therein b. An understanding of structure, functions and current issues in the agri-food economy from input industry to farm to processing to distribution and retail in Denmark, Europe and internationally. The course is divided in two parts according to methodology and literature used: A. Industrial Organization; B. New Institutional Economics. 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. Know the main developments in modern new institutional economics theory and theory of the firm as it is applied to the agri-food industry and agribusiness c. Know the models of supply chain management, contracts and networks d. Describe and analyze issues pertaining in the agri-food industry such as mergers, competition vertical integration, and innovation e. describe and analyze industrial policies related to competition in the agri-food industry f. Describe the structure of agri-food industries in Denmark, Europe and elsewhere g. Describe and analyze the special role of agri-food cooperatives and farm organizations Skills a. Use modern industrial organization models with game theory applications to agri-food industry applications b. Use new institutional economics, theory and applications c. Use modern theory of the firm, and contract theory and 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 c. Apply new institutional economics and quantitative methods on problems and issues in the agri-food industry d. Be able to cooperate with fellow students and industry experts in identifying problems, use theory, apply research methods, and communicate the results to expert and general audiences | |||||||||||||||||||
| Litteraturhenvisninger | |||||||||||||||||||
| Reccomended texts: a. Church, J.R. & R. Ware, (2008) "Industrial organization", Cambridge University Press b. G. Hendrikse, (2003), "Economics and management of organizations", McGraw-Hill. c. Journal Articles d. Industry reports e. Case studies | |||||||||||||||||||
| Kursusansvarlig | |||||||||||||||||||
| Kostas Karantininis, kok@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for Produktion og Teknologi, Tlf: 35332276 | |||||||||||||||||||
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