Agricultural Economics (6th semester for the academic year 2024-25)

    Course Code: 
    1566
    Semester: 
    6th
    Specialization Courses
    Specialization: Business Economics and Finance
    Specialization: International and European Economics

    Course Description

    Agriculture’s contribution to economic development: Structural characteristics and structural adjustment of the farm sector in a changing economy. The special characteristics of demand and supply of farm products: production fluctuations, price volatility and the ‘farm problem’. Agricultural policy measures and their implications. The European Common Agricultural Policy (CAP): price support and structural measures; the major reforms since 1992. The CAP’s regional dimension: rural development and multifunctionality. Post 2013 period: the rising importance of ‘public goods’. The new international environment: food crisis and commodity speculation at the centre of developments.

     

    Indicative Course Prerequisites: Microeconomic Theory Ι, Macroeconimic Theory Ι