000448L - ECONOMICS OF AGRO-FOOD MARKETS

courses

ID:

000448L

Duration (hours):

48

CFU:

SSD:

ECONOMIA ED ESTIMO RURALE

Located in:

PESCARA

Url:

Course Details:

ECONOMICS AND COMMERCE/ECONOMIA E COMMERCIO Year: 2

Year:

2025

Course Catalogue:

https://unich.coursecatalogue.cineca.it/af/2025?co...

Date/time interval

Secondo Semestre (11/02/2026 - 18/05/2026)

Course Objectives

At the end of the course students are expected

1. To demonstrate a basic knowledge of the principles of economics and their application to agricultural problems.

2.To demonstrate a basic knowledge of the role of agriculture in Italy, the EU and world economies as well as the contribute of agriculture in realizing the Sustainable development goals.

3. To demostrate a basic understanding of the objectives, principles and impacts of agricultral policy measures.

4. To be able to discuss the evolution of the objectives and measures of the Common Agricultural Policy.

Course Prerequisites

Basic concepts of microeeconomics

Teaching Methods

The course is structured in 72 hours of teaching activity organized in lectures and presentation and discussion of case studies.

Assessment Methods

Learning outcomes will be assessed in oral examination.

The examiners will question the candidate on the topics presented during the course for about 15 minutes.

The goals for this course are for students to understand and display knowledge of the following: ‐Producer/Consumer Theory

‐Agricultural Markets

‐Ag trade

- Ag policy

policyAt the end of the course, students will be able to:1. 2. .3. discuss the impact of regional, national, and global agribusiness policy

The successful student will be able to

- apply market analysis (supply and demand) to various commodity market scenarios

- explain Ag production and consumption by using economic theory for support

-) analyze and evaluate how farm policy measures affect supply, demand, and equilibrium pricing in agri-food markets.

Texts

Ferretti, F., & Messori, F. (2010). Economia del mercato agro-alimentare.Edagricole
Menozzi, D. (2023). Economia del sistema agroalimentare. Edises edizioni srl.
Henning (2013) Food Economics. Industry and Markets. Routledge
Boardman, Anthony E., et al. Cost-benefit analysis: concepts and practice. Cambridge University Press, 2017

Lesson Notes, Slides and other teaching materials will be distributed to students in class.

The role of agriculture in Italy, the EU and world economies.
A survey of the world food situation.
Consumption and demand of agri-food products.
Production and supply of agri-food products.
Market price determination; competitive versus noncompetitive market models.
International trade of agri-food commodities.
Agricultural problems and farm policies.
The Common Agricultural Policy
Rural development policy
The future of food and agriculture
Cost benefit analysis for project evaluation

Course Language

Italian

More information

Contact by e-mail: salvioni@unich.it

In the second semester office hours will be set according to the class schedule and announced at the beginning of the course.