AGRI2001 World Food Production Systems
- 6 points
|Availability||Location||Mode||First year of offer|
|Not available in 2018|
- Details for undergraduate courses
- This unit will give students an introduction to the economics, management and finance of global food systems. Using case studies drawn from different commodities and countries it will analyse how food is supplied from farmers to final consumers.
The unit will use case studies to illustrate key economic, management and financial principles that under pin the food supply system. Each of the elements of the supply chain will be explored using a developed (Australia, US and Europe) and developing country case study.
1. Farm production and profitability – the farmer's perspective
2. Agribusiness and agricultural investment and risk – large scale developments and corporate farms
3. The supply chain – how is food delivered from farm to consumers – merchants and cooperatives
4. Food processing, product differentiation and value adding – the food industry
5. Retailing and market power – retailers and consumers
6. The role of government– agricultural policy, food safety, food and health, R&D
- Students are able to (1) apply concepts from first year economics to food markets; (2) analyse the determinants of supply and demand for staples such as wheat, rice and milk; (3) appreciate the role of branding and market power; (4) appreciate the difference between commercial and smallholder agriculture; and (5) be able to analyse agribusiness investments.
- Typically this unit is assessed in the following ways: (1) student group seminars; (2) quiz; and (3) final examination. Further information is available in the unit outline.
Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
- Unit Coordinator(s)
- Associate Professor Benedict White
- Unit rules
- ECON1101 Microeconomics: Prices and Markets, ACCT1101 Financial Accounting
- Contact hours
- Lectures 2 hours per week, Tutorial 1 hour per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.