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Předmět Agricultural Economics (EEEE6E)

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Další informace

Cíl

The course emphasizes both individual and collaborative learning through the use of individual and group work, and seeks to stimulate each student's understanding of the entire economic system for agricultural and food products from consumption back to production and agricultural inputs. The students will have got the opportunity to understand in detail the world, the EU and Czech agri-food system - its participants, characteristics, functions, interdependencies, and major marketing trends. They also would understand of the role of trade policy in agriculture and the effects of various trade policies, issues and agreements on domestic and international competition and prices, consumption, production and trade of key commodities.

Osnova

PřednáškaDefinition and object of agrarian sector and agricultural economicsTrade agreements - GATT (WTO) - General system of preferences, EBA, CPAEuropean agricultural market, common market organisation and its implications in the Czech agriculture, the political-legal environmentLiberalization vsVertical and horizontal integration in agri-food chainsEconomics of cereal productionEconomics of oil-plants vertical; biofuels production and their impact to world prices of foodEconomics of sugar and starch productionOther world traded crop plants and their economicsEconomics of milk production, processing and tradeBeef , pork and poultry production, trade and economicsMad cows, GMOs and the Biosafety protocolCvičeníIntroduction, contents of the courseCurrent demand and supply conditions in world agricultureComputing income elasticity of demandFactors affecting supply of agricultural productionCost levels of key commodities and comparison round the worldAnalysis of agricultural commodity prices - main methodsMajor tendencies in cereal and oilseed production with applications to the food processing and wholesaling industriesEconomics of biofuels productionMajor tendencies in livestock production with applications to the food processing and wholesaling industriesQuota system in milk production and other impacts of CAPEffeciency of investments into agri-food chainsSemestral project presentation and defence

Získané způsobilosti

Znalosti:Graduates have basic theoretical and practical knowledge from agricultural and commodity economics. They utilize basic economic terms and are able to predict developments in a range of crops and livestock production.Dovednosti:Graduates can use their knowledge of analytical and statistical methods as well as methods of cost calculation to analyse the situation in the agribusiness sector. They can apply the methods to actual data and correctly interpret the results from the sphere of commodity market.Kompetence - komunikace:Graduates have sufficient knowledge for basic communication with specialists. They are able clearly and intelligibly to present their thoughts and ideas to experts as well as non-specialists.Kompetence - úsudek:Graduates are able to choose suitable methods for the analysis of commodity markets, to interpret achieved results and to formulate appropriate conclusions from the study of available data sources.

Literatura

ZákladníColander, D.C. Macroeconomics.Irwin International, 1995Colander, D.C. Microeconomics.Irwin International, 1995Kay, R. D., Edwards, W. M. Farm Management. McGraw-Hill, 1994.Norton, G. W., Alwang, J. Introduction to Economics of Agricultural Development. McGraw-Hill, 1993.Brouwer, F., Straaten v. d. J. Nature and Agriculture in the EU New Perspectives on Policies that Shape the European Countryside. Edward Elgar Publishing, Cheltenham - NorthamptoTisdell, C. Economics and Ecology in Agriculture and Marine Production. Edward Elgar Publishing, Cheltenham - Northampton, 2003.Perman, R.,Ma,Y.Natural resources and environment economics.Longman, London, 1996Smutka, L. et al. World Agricultural Production, Consumption and Trade Development - Selected Problems. PowerPrint, Prague, 2012.DoporučenáBrouwer, F., Straaten v. d. J. Nature and Agriculture in the EU New Perspectives on Policies that Shape the European Countryside. Edward Elgar Publishing, Cheltenham - NorthamTaylor, R. E., Bogart, R. Scientific Farm Animal Production. Macmillan, New York, 1988.Comp. auth. The Farm Problem. The Freeman Library, The Foundantion for Economic Education, New York, 1986.Comp. auth. Tomorrow's Agriculture Incentives, Institutions, Infractructure and Innovations; proceedings of the 24th Internat. Conference of Agric. Economists held at BerlinBrosig, S., Hartmann, M. Analysis of Food Consumption in Central and Eastern Europe Relevance and Empirical Methods. IAMO, Wissenschaftsverlag Vauk Kiel, 2001.

Požadavky

Fundamentals of Economics I, II Business Economics

Garant

Ing. Jiří Mach, Ph.D.