SCHOOL

OF AGRICULTURAL SCIENCES

ACADEMIC UNIT

AGRICULTURE

LEVEL OF STUDIES

UNDERGRADUATE

COURSE CODE

GEB0201

SEMESTER

2

COURSE TITLE

Agricultural Economy
INDEPENDENT TEACHING ACTIVITIES WEEKLY TEACHING
HOURS
CREDITS
Lectures 3
Lab / Op. Exercises 0
Exercises 0

TOTAL HOURS

3 5
COURSE TYPE Special Background
PREREQUISITE COURSES
LANGUAGE OF INSTRUCTION and EXAMINATIONS Greek
IS THE COURSE OFFERED TO ERASMUS STUDENTS Yes (in English)

COURSE WEBSITE (URL)

https:// eclass.uowm.gr/courses/AGRO125/

2. LEARNING OUTCOMES

Learning Outcomes

The aim and objective of the course is to teach the student:
• the basic economic concepts used for the theoretical and empirical economic analysis of how agricultural holdings choose to use the available factors of production
• the accounting organization and monitoring of a farm
• the organization and operation of agricultural product markets

Upon successful completion of the course, the student will be able to:
1. Understands basic economic concepts and how they are used in agricultural production.
2. Knows the characteristics and the relationship that connects the factors of production in the agricultural sector as well as the way in which decisions are made at the level of the agricultural holding.
3. Calculates the productivity of production factors and the economic production of agricultural products.
4. Understands and describes the effects that producers decisions have on agricultural product markets.

General Competences

Search, analysis and synthesis of data and information, using the necessary technologies
Autonomous work
Promotion of free, creative and inductive thinking

3. SYLLABUS

• The agricultural sector in the context of globalization.
• Greek agriculture and animal husbandry: evolution and perspectives.
• Theory of production: production function, relations of production factors, optimal combination of production factors and products produced, productivity of production factors.
• Cost theory: the concept of production costs, distinction of cost forms.
• Agricultural exploitation, production costs and economic results.
• Agricultural economy and rural development.

4. TEACHING and LEARNING METHODS - EVALUATION

DELIVERY
In the classroom (face to face)
USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
- Learning process support through the e-class electronic platform
-Use of ICT in teaching
- Communicating with students electronically through e-class and e-mail.

TEACHING METHODS
Activity Semester Workload
Lectures 40
Laboratory Exercise 15
Coaching school 25
Independent study 45
Course total (25 hours of workload per credit uni 125
STUDENT PERFORMANCE EVALUATION I. Written final exam (90%) which includes:
• Multiple Choice Test
• Short Answer Questions
• Solving exercises
• Solving Problems

II. Laboratory Work (10%)

5. SUGGESTED BIBLIOGRAPHY

-Suggested bibliography :
• Papanagiotou, E. (2010). Economic Production of Agricultural Products, Graphima Publications, Thessaloniki. (in Greek)
• Kitsopanidis G., Kamenidis, X. (1997). Agricultural Economics, Ziti Publications, Thessaloniki. [ISBN: 960-431-853-5] (in Greek)
• Lianos, Th., Damianos, D, Mergos, G., Demoussis, M., Katranidis, S. (1998). Agricultural Economics: Theory and Policy, Benou Publications, Athens. [ISBN: 960-359-006-1] (in Greek)
• Velentzas, K. (1998). Introduction to Economic Analysis, Benou Publications, Athens. [ISBN: 960-359-049-5] (in Greek)
• Theofanidis, S., (1992). Agricultural Economics Papazisi Publications. [ISBN: 960-02-0308-3] (in Greek)
-Related academic journals:
Agricultural Economics
Journal of Agricultural Economics
International Journal of Agricultural Policy and Research