AGBUS304-19B (HAM)

Agri-food Policy

15 Points

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Division of Management
School of Accounting, Finance and Economics


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Paper Description

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The course will concentrate on understanding current and historical economic problems and policy development processes influencing New Zealand as well as U.S. and foreign agriculture and trade and how the decisions and success of agribusiness firms are affected by these domestic and international policies. The focus will be placed on applying economic tools to the logical, critical and objective analysis of agricultural policies and evaluate how the welfare of the overall society is affected by government. Topics include, but are not limited to forces underlying policy formation, geopolitical centers of influence, critiques of current agricultural price and income policies, international trade, food safety and security, competition and globalization.

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Paper Structure

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The paper is taught through lectures and includes a self-directed component in the form of term paper and presentation.

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • apply economic concepts to agricultural issues and the policymaking process
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  • analyse the implications of various agricultural policies for agribusinesses
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  • observe past and current events and figure out their potential impact as well as intended and unintended consequences on U.S. and global agricultural and food sectors
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  • demonstrate a knowledge of the national and international institutions that influence agricultural policy
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  • demonstrate an understanding of the relationship between environmental policies and food sectors
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Content and layout of the final examination will be covered in lectures later in the semester.

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 50:50. There is no final exam. The final exam makes up 50% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 50:50 or 0:0, whichever is more favourable for the student. The final exam makes up either 50% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Test
15 Aug 2019
3:00 PM
  • Hand-in: In Lecture
2. In Class Exercises
12 Jul 2019
2:00 PM
  • Hand-in: In Lecture
3. Written assignment and presentation
7 Oct 2019
5:00 PM
  • Online: Submit through Moodle
4. Exam
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Emerson, A., J. Rowarth, J.S. and F.G. Scrimgeour. New Zealand Agriculture: An Economic Perspective. NZX, Wellington, August 2014 [ERS]

Knutson, R.D., J.B. Penn, B.L. Flinchbaugh, and J.L. Outlaw. Agricultural and Food Policy, 6th Edition, Pearson Education, Inc., Upper Saddle River, New Jersey, 2007. ISBN 0-13-171873-8 [KPFO]

Relevant chapters from the textbook and additional readings are recorded in the course outline, and in the reading list. Any additional readings will be posted in the reading list and/or on Moodle as appropriate - please check the reading list and Moodle for the most up to date reading list.

Click here to access the reading list.

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Online Support

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Lecture notes will be provided on Moodle, ahead of class.

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This is a 15 point paper, indicating an allocation of 150 hours to study, only 36 of which are provided in lectures.
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Linkages to Other Papers

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Prerequisite papers: AGBUS201 and AGBUS202, or AGRI202.




Restricted papers: AGRI304 and AGRI404

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