Agricultural Economics and Development in an International Perspective (B-KUL-I0Q23B)
Aims
Students are familiar with specific dimensions, concepts and facts of world food systems and development problems. Students have insights on the specificities of demand and supply of food, and of farm-household decision-making in a context of imperfect markets. Students understand the process of economic growth and economic transformation, and can reason about the role of agriculture in development, based on theoretical insights and examples. Students understand the strategies and constraints for agricultural growth and development, and can place the agricultural system in the environmental, institutional and policy context. Students understand the complex international trade and economic relations that shape the agricultural development process in low- and middle-income countries.
Students are able to read and extract the core insights from key scientific sources on the subject of agricultural economics and food policy in developing countries.
Previous knowledge
Knowledge of these topics is required in order to start this course:
- Basic economics
Students who have not followed an introductory course in economics are expected to self-study economic concepets they are not yet familiar with.
Order of Enrolment
This course unit is a prerequisite for taking the following course units:
I0U81A : Integrated Project Tropical Agro- and Ecosystems
Identical courses
This course is identical to the following courses:
I0Q23A : Agricultural Economics and Food Policy in Developing Countries (No longer offered this academic year)
I0W53A : Landbouweconomie en -ontwikkeling in een internationaal perspectief
Is included in these courses of study
- Master of Geography (Programme for students started before 2021-2022) (Leuven et al) (GIS AND SPATIAL MODELLING) 120 ects.
- Master of Cultural Anthropology and Development Studies (Leuven) 60 ects.
- Master of Food Technology (Leuven et al) 120 ects.
- Courses for Exchange Students Faculty of Bioscience Engineering (Leuven)
- Master of Bioscience Engineering: Agro- and Ecosystems Engineering (Leuven) (Major Subject: Agricultural and Resource Economics) 120 ects.
Activities
6 ects. Agricultural Economics and Development in an International Perspective (B-KUL-I0Q23a)
Content
The course covers the following topics and includes the following chapters:
Dimensions of world food systems and development problems
- Growth, poverty and food security
- Food demand and population growth
- Agricultural production and supply of food
Development theories and the role of agriculture
- Economic transformation and growth
- Development theory and growth strategies
Getting agriculture moving
- Theories and strategies for agricultural development
- Agricultural research and technology transfer
- Land and labor markets
- Input and credit markets
- Pricing policies and marketing systems
Agricultural development in an interdependent world
- Agriculture and international trade
- Trade policies, negotiations and agreements
- Macro-economic policies and agricultural development
- Capital flows, foreign assistance and food aid
Course material
The course material includes: 1) PowerPoint slides (available on Toledo) and course notes; 2) the handbook ‘Economics of Agricultural Development: World Food Systems and Resource Use – fourth edition – by George W. Norton, Jeffrey Alwang and William A. Masters (Routledge)’; 3) some chapters from the book 'Agricultural Development: New Perspectives in a Chaning World' - by K. Otsuka and S. Fan (IFPRI); 4) specific scientific articles referred to in the lectures (available on Toledo).
Format: more information
Throughout the semester, 7 interactive sessions are held. Attendance during these sessions is mandatory. If you have valid reasons for not being able to attend one of these sessions, please timely communicate this to the professor.
Evaluation
Evaluation: Agricultural Economics and Development in an International Perspective (B-KUL-I2Q23b)
Explanation
Active participation during the 7 interactive sessions is evaluated for 3 of the 20 points.
Information about retaking exams
The same modalities apply for all exam periods.