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Global Agricultural and Food Markets
After a successful completion of the course, the students…
- can describe key European and global agricultural and food markets.
- can explain the impact of interdependencies between agricultural and food markets.
- are able to analyse developments on agricultural and food markets based on economic theories.
- can describe the basic framework for international trade provided by the WTO.
- can explain the relevance, the international framework of NTB in agricultural and food markets.
- are able to evaluate the welfare effects of NTB under different assumptions.
- comprehend the difference between private and public standards in world agricultural and food markets.
- can explain and structure relevant actors of international agricultural and food markets.
- can explain the need for coordination within food value chains depending on product and value chain characteristics.
- can evaluate results of agricultural models.
- are able to combine insights generated in class to a specific case and present/ discuss in class.
Learning content:
- Supply, demand, trade of major food markets (European/global)
- Interdependencies between agricultural and food markets
- Legal framework for international markets
- Private versus public standards in agricultural and food markets
- Relevance and evaluation of Non-Tariff Trade Barriers in agicultural and food markets
- Relevant actors on agricultural and food markets
- Spatial and enterprise concentration in the agricultural up- and downstream sector
- Basics of modelling agricultural markets
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**Your Project Work**
Needs to be related to agricultural and food markets, e.g.
- Role of private versus public standards in international food markets
- The impact of multinationals on agricultural and food markets
- Food security and trade
- Impact of EU Biofuel Policies on global agricultural markets
- Institutional setting, developments and challenges in the world coffee market
- Impact of COVID-19 on food markets
- …
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