Module Identifier |
RS13210 |
Module Title |
PRINCIPLES OF ECONOMICS FOR RURAL STUDIES |
Academic Year |
2001/2002 |
Co-ordinator |
Mr Garth Hughes |
Semester |
Semester 2 |
Course delivery |
Lecture | 22 Hours |
|
Seminars / Tutorials | 4 Hours |
Assessment |
Essay | 1500 words | 30% |
|
Exam | 1.5 Hours | 70% |
|
Resit assessment | Students who fail the module overall will be required to resit examination and/or re-present coursework. | |
Brief description
The lectures will consider economic development and structural change; land as a resource; the demand for food and characteristics of consumer behaviour, incluidng price and income elasticity of demand for food; conservation and public goods in the rural environment; agriculture and the macroeconomy; the theory of comparative advantage and the balance of agricultural trade; green monetary issues; the Uruguay round of the GATT, the World Trade Organisation; and agricultural trade liberalisation and the environment.
Aims of the module
On completion of this module, students should be able to:
-
describe and apply basic principles of economics to rural issues;
-
relate economic behaviour at the household and rural firm level to aggregate changes in the countryside;
-
explain linkages between the overall economy and prospects for agriculture and other rural industries;
-
evaluate the arguments for and against agricultural trade liberalisation.
Transferable skills
Skills which will be developed and assessed:
Independent project work
Use and analysis of numerical information
Writing in an academic context
Oral discussion and presentation
Self-management
Reading Lists
Books
Brassley P. (1997)
Agricuiltural economics and the CAP: an introduction. Blackwell Science
Hardin R. (1997)
One semester economics. Blackwell
Hill B. (1990)
An introduction to economics for students of agriculture. 2nd. Pergamon
Penson J B, Capps O and Parr C P. (1996)
Introduction to agricultural economics. Prentice Hall
Ritson, C. (1977)
Agricultural economics: principles and policy. Crosby Lockwood Staples