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NA0160

Agricultural Policy and International Trade

The course is relevant for those who are considering further and more advanced studies in economics and international trade or intending to work in organizations involved in international agrifood trade. This course offers an introduction to international trade theory and equips you with tools for trade policy analysis. While the focus of the course is on theory, you will also be exposed to many applications through a mixture of classroom-based activities, computer lab sessions, assigned readings and group work.



This course is driven by the increasingly global nature and the continued expansion of economic interdependence between countries and across agricultural and food supply chains. Why countries trade, what explains the pattern of trade that we observe and what are the economic and welfare effects of agricultural policies and trade agreements? Using tools and insights from theoretical insights and empirical studies, the course will enable you to assess possible responses to such questions.



Material will be presented by a variety of teaching approaches including lectures, in-class exercises, homework, case analysis and presentation, and class discussion of assigned readings. Throughout the course you will build your critical and analytical skills, and develop independent learning skills and team working skills, which will provide a strong foundation for future study and employment in the field.

Information from the course leader

A warm welcome to the Swedish University of Agricultural Sciences and the course Agricultural Policy and International Trade!

Below, you will find general information about the student account, registration for the course and other practical information.

The student account

You will need your student account to access e.g. your e-mail, Ladok and Canvas. For information regarding how to create your student account, follow this link: https://student.slu.se/en/study-support/it-support/support/new-student---start/

Registration for the course

Self-registration for the course is done in Ladok between 2022-10-18 and 2022-11-01. Remember that you must be admitted and registered in Ladok to be able take the course. Having access to Canvas does not mean you are registered in the course and without registration, you are risking losing your place in the course. If you have been admitted to the course with conditions, you need to send your credit list to the course leader who will review it and decide if you can register. Do this as soon as possible as reviewing credits may take a few days due to the course start.

Educational support

If you are entitled extra educational support, please inform the course leader at the start of the course so that special arrangements can be made.

For educational support for an exam, see instructions in the exam registration in Ladok Student. You need to register for alternative exam arrangements no later than 15 workings days prior to the examination day. More information here: https://student.slu.se/en/study-support/study-support/funka/.

Discontinuation of a course

If you want to discontinue the course, you should immediately notify the educational administrators at econ-edu@slu.se, who in turn will inform the course leader and register a non-completion of the course in Ladok after your approval. You are also able to register an early non-completion of the course (within three weeks after course start) in Ladok yourself.

Exams

You need to register for exams in Ladok. The registration closes 10 workings days prior to the exam. You can find your anonymity code in Ladok Student. It's not possible to register for the exam after the deadline has passed.

On Wednesdays between 12:30-14:30 we have an exam hand out at the department (Ulls hus, 4th floor). Please remember to bring your ID-card.

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Do not hesitate to contact us at econ-edu@slu.se if you have any questions!

Kind regards,

The educational administrators

Course evaluation

The course evaluation is not yet activated

The course evaluation is open between 2023-01-08 and 2023-01-29

Additional course evaluations for NA0160

Academic year 2022/2023

Agricultural Policy and International Trade (NA0160-M2087)

2022-11-01 - 2023-01-15

Academic year 2021/2022

Agricultural Policy and International Trade (NA0160-20122)

2021-11-02 - 2022-01-16

Academic year 2021/2022

Agricultural Policy and International Trade (NA0160-M2122)

2021-11-02 - 2022-01-16

Academic year 2020/2021

Agricultural Policy and International Trade (NA0160-20119)

2020-11-02 - 2021-01-17

Academic year 2019/2020

Agricultural Policy and International Trade (NA0160-20084)

2019-11-01 - 2020-01-19

Academic year 2018/2019

Agricultural Policy and International Trade (NA0160-20147)

2018-11-06 - 2019-01-20

Academic year 2017/2018

Agricultural Policy and International Trade (NA0160-20041)

2017-10-31 - 2018-01-14

Academic year 2016/2017

Agricultural Policy and International Trade (NA0160-20031)

2016-11-01 - 2017-01-15

Academic year 2015/2016

Agricultural Policy and International Trade (NA0160-20023)

2015-10-31 - 2016-01-17

Academic year 2014/2015

Agricultural Policy and International Trade (NA0160-20036)

2014-11-10 - 2015-01-18

Academic year 2013/2014

Agricultural Policy and International Trade (NA0160-20017)

2013-11-11 - 2014-01-19

Syllabus

NA0160 Agricultural Policy and International Trade, 7.5 Credits

Jordbrukspolitik och internationell handel

Subjects

Agricultural Science Economics

Education cycle

Bachelor’s level

Modules

Title Credits Code
Single module 7.5 0201

Advanced study in the main field

First cycle, has less than 60 credits in first-cycle course/s as entry requirements(G1F)

Grading scale

5:Pass with Distinction, 4:Pass with Credit, 3:Pass, U:Fail The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.

Language

English

Prior knowledge

Knowledge equivalent to 30 credits in Economics.

Knowledge equivalent to English B from upper secondary school.

Objectives

The goal of the course is to provide basic knowledge of the principles, economic consequences and institutional relationships in Swedish and international agricultural policies and trade in food products.



With successful completion of this course, students shall be able to:

- describe the international conditions for international trade in food products,

- explain the main principles of and the institutional situation behind the agricultural policies of the European Union and Sweden,

- explain the basic foundations of international trade theory (comparative advantage, Hecksher-Ohlin theorem, terms of trade, etc.),

- use economic theory to assess the economic impacts of agricultural and trade policies,

- explain how and why international trade of food products functions as it does and to describe any reasonable changes in this trade.

Content

- Advanced trade theory

- Description and analysis of agricultural policy in Sweden, Europe and the rest of the world

- Description and analysis of international trade in food products

Formats and requirements for examination

Exam, project report, exercises and participation in obligatory moments.



Requirements for passing the course:

Passing grade on exam, passing grade on project report, passed assignments and active participation in obligatory moments.
  • If the student fails a test, the examiner may give the student a supplementary assignment, provided this is possible and there is reason to do so.
  • If the student has been granted special educational support because of a disability, the examiner has the right to offer the student an adapted test, or provide an alternative assessment.
  • If changes are made to this course syllabus, or if the course is closed, SLU shall decide on transitional rules for examination of students admitted under this syllabus but who have not yet passed the course.
  • For the examination of a degree project (independent project), the examiner may also allow the student to add supplemental information after the deadline. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Other information

  • The right to take part in teaching and/or supervision only applies to the course date to which the student has been admitted and registered on.
  • If there are special reasons, the student may take part in course components that require compulsory attendance at a later date. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Responsible department

Department of Economics

Further information

Determined by: UU för ekonomi, miljö och teknik
Replaces: NA0151

Grading criteria

GRADING CRITERIA

Grade

Learning Outcomes

Describe the mechanisms through which international trade affects economic welfare

Describe the economic effects of international trade and various policy instruments

Quantify the economic impacts of trade policy and agricultural policy

Analyze a policy question using empirical or theoretical methods and effectively communicate findings/ Theoretically and analytically diagnose, describe and analyze agricultural trade policy problems

5

Demonstrates a deep and comprehensive understanding of economic mechanisms.

Able to identify the correct economic modelling framework for a given policy scenario, model the problem and describe the underlying intuition of the effects.

Correctly measures the size of the economic impacts in a modelling framework, and provides intuition for the results.

Identify a relevant policy question, demonstrate deep and comprehensive knowledge of chosen empirical or theoretical methods used to analyze questions, and communicate findings in a highly effective and thorough manner.

4

Demonstrates a comprehensive understanding of the economic mechanisms.

Able to correctly describe the economic impact of each policy instrument in a graphical framework.

Correctly measures the size of the economic impacts in a modelling framework.

Identify a relevant policy question, demonstrate comprehensive knowledge of chosen empirical or theoretical methods to analyze, and effectively communicate findings.

3

Can briefly describe the economic mechanisms.

Correctly describes the direction of the economic impact (positive, negative) of each policy instrument for consumers and producers in each country.

Correctly describes the method for quantifying the economic impacts of trade policy or agricultural policy using illustrations or math as appropriate.

Identify a relevant policy question, demonstrate basic knowledge of empirical or theoretical methods to analyze, and communicate findings in a satisfactory way.

U

Insufficient understanding of concepts related to the abovementioned mechanisms.

Insufficient ability to analyze the economic effects of international trade and policy instruments.

Lack of understanding of how to quantify economic impacts.

Insufficient ability to identify relevant policy questions, perform analysis or communicate findings.

Assessment

Written exam

Written exam

Written exam

Home Project

Litterature list

  • The textbook for the course is: Feenstra, R. and Taylor, A. (2017) International Trade, 4th edition. New York: Worth Publishers

  • The course material consists of power point presentations and readings from the textbook above.

Course facts

The course is offered as an independent course: Yes Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 13082 SEK Cycle: Bachelor’s level
Subject: Agricultural Science Economics
Course code: NA0160 Application code: SLU-20087 Location: Uppsala Distance course: No Language: English Responsible department: Department of Economics Pace: 50%