| Responsible Department | Institute of Food and Resource Economics | ||||||||||||||
| Earliest Possible Year | MSc. 1 year to MSc. 2 year | ||||||||||||||
| Duration | One block | ||||||||||||||
| Credits | 7.5 (ECTS) | ||||||||||||||
| Level of Course | MSc | ||||||||||||||
| Examination | Final Examination written examination Written Exam in Lecturehall All aids allowed Description of Examination: a. Written examination (2 hrs): Questions and exercises on both theory and applications. b. Theoretical exercises during the course prepared and handed in individually c. Research paper. Topic selected at begining of course, presented at the end. Two 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. Weight: Written exam: 40% Theoretical exercises 30% Research paper & presentation: 30% 7-point scale, internal examiner Dates of Exam: 04 November 2010 | ||||||||||||||
| 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 | ||||||||||||||
| Language of Instruction | English | ||||||||||||||
| Optional Prerequisites | 270050 Consumer Economics and Policy Any course on micro-economics or industrial organization at intermediate level or equivalent | ||||||||||||||
| Restrictions | None | ||||||||||||||
| Course Content | |||||||||||||||
| 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 Literature | |||||||||||||||
| a. Industrial Organization: Contemporary Theory and Empirical Applications, 4th Edition Lynne Pepall (Tufts University), Dan Richards (Tufts University), George Norman (Tufts University) January 2008, ©2008, Wiley-Blackwell b. Journal articles c. Industry reports | |||||||||||||||
| Course Coordinator | |||||||||||||||
| Jens Leth Hougaard, jlh@foi.dk, Institute of Food and Resource Economics/Production and Technology Unit, Phone: 353-36814 | |||||||||||||||
| Study Board | |||||||||||||||
| Study Committee NSN | |||||||||||||||
| Work Load | |||||||||||||||
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