International Trade and Policy


GENERAL

SCHOOL

AGRICULTURAL AND FORESTRY SCIENCES

DEPARTMENT

AGRICULTURAL DEVELOPMENT

STUDY LEVEL

Postgraduate

COURSE CODE

OPE1184

SEMESTER

2nd

COURSE TITLE

International Trade and Policy

INDEPENDENT TEACHING ACTIVITIES

TEACHING HOURS PER WEEK

ECTS

Lectures

4

7.5

COURSE TYPE

Specialization

PREREQUISITE COURSE(S)

No

LANGUAGE (TEACHING AND EXAMS)

Greek

THE COURSE IS OFFERED TO ERASMUS STUDENTS

Yes (in English)

COURSE WEBSITE (URL)

2. TEACHING OUTCOMES

Teaching outcomes

Upon completion of the course, graduate students will have acquired a detailed and comprehensive picture on the concepts of international trade that are related to the classical theory of international trade, the trade policy and protectionism, the institutional framework of international exchange, the economic integration in Europe and the trade policy in developing countries. In addition, postgraduate students will be able to describe and analyze the measures and forms of agricultural policy applied in the EU, the impact of these measures, the new Common Agricultural Policy and its relation to international trade.

General capabilities

Autonomous Work
Teamwork
Search, analysis and synthesis of data and information using the necessary technologies
Promote inductive thinking
3. COURSE CONTENT

The course includes topics related to the traditional theory of international trade, the Absolute-Comparative advantage and the Theorem of Heckser-Ohlin, the Political economy of international trade, the instruments of trade policy, the institutional framework of the post-war international exchange, the issues on international trade and developing countries and finally, the competition and competitiveness.

4. TEACHING AND LEARNING ASSESSMENT METHODS

DELIVERING METHOD

In classroom

IT USE

Power point, videos
eclass

TEACHING ORGANIZATION

Activity

Semester workload

Lectures

52

Laboratory courses

0

Written assignment

33

Independent study

40

Course total

(25hour workload per credit unit)

125

STUDENT ASSESSMENT

Written exams (multiple choice and open questions) at the end of the semester, written assignments during the semester and presentations.

Specifically, students are required to prepare three works which will participate with a 40% in the final grade of the course. The assignments will be graded based on thestructure, content and presentation.

Final score: The final grade is the sum of the following (maximum score: 100 points):

1. Course examination (end of semester): 60 points

2. Assignments: 40 points

5. PROPOSED LITERATURE
“International Economics-Theory and Policy”, P. Krugman & M Ostfield, 2011, Kritiki Publications.
“International Economics and World Economy”, Alogoskoufis G. (2013), Athens, Gutenberg

Timetable of lectures

Week

Title

Teaching Staff

First Section: International trade agreements and international trade policy.

1st

Analysis and overview of world trade

Ch. Karelakis

2nd

Theories to explain the structure and impact of international trade I.

Ch. Karelakis

3rd

Theories to explain the structure and international trade II Impact

Ch. Karelakis

4th

CAP and international trade

Ch. Karelakis

5th

Presentations literature work

Ch. Karelakis

Second Section: Trade and Developing Countries

6th

Trade policy in developing countries

Ch. Karelakis

7th

Economic growth and crises in developing countries

Ch. Karelakis

8th

Economic reform in developing countries

Ch. Karelakis

Third Section: The Political Economy of International Trade

9th

Market policy instruments

Ch. Karelakis

10th

Political economy of trade policy

Ch. Karelakis

11th

Competition and competitiveness

Ch. Karelakis

12th

Debates on trade policy

Ch. Karelakis

13th

Case studies on trade policy

Ch. Karelakis

14th

Research Presentations

Ch. Karelakis

15th

Written exams

 

Special Topics in Operation Research


Special Topics in Operation Research

Type: Post Graduate Course / Compulsory

Κατεύθυνση: Agricultural Economics and Food Business

Semester: 1ο

ECTS: 7.5

Instructor: Ε. Zafeiriou

E-mail: ezafeir@agro.duth.gr

Tel. office 25520 41185

Webpage: http://pms.agro.duth.gr/index.files/PECON02_COURSE.htm

Contact with students: upon request (via email))

Course Description:

The course describes the problem of linear programming and the optimization solutions found based simplex method. The dual problem and sensitivity analysis in optimization problems are also presented. Furthermore, theories to solve real world problems by finding the optimal solutions to the models subject to constraints of time, labor, resource, material, and business rules are in subtle described. The transportation problem, the assignment problem, the problem of minimum paths, and the problem of maximum flows are important issues analyze in subtle. Finally, decision trees are presented as decision making techniques used under risk. All the theoretical models presented will be adjoined by case studies aiming to provide an insight to those models.

Δικτυακός τόπος μαθήματος:

 

Suggested Bibliography:

Operations and supply chain management 2012 F. Robert JacobsRichard B. Chase, Richard Chase ISBN-13: 978-0073525235

Business Research Methods 2013   Donald Cooper  Pamela Schindler ISBN-13: 978-0073521503

Introduction in Operation Research. Christos Κ. Fragos (in Greek), ISBN:960-351-655-4

Additional references will be provided through e class network

 

Learning Outcomes

Throughout this course, students are expected:

  • To be able to identify decision making problems
  • develop problem modeling and solving skills and learn how to find the optimal solutions of the models suggested subject to constraints from the point of view of optimization
  • to use appropriate algorithms for the optimization problem solution
  • to implement software like Excel and modern technology applications in solving operation research problems.

Assessment:

§  Final Exam

§  Assignments and Oral Presentation.

Overall Grade Distribution: 100 units:

  1. Final Exam: 70 units
  2. Project: 30 units

 

Course Academic Calendar

Special Topics in Operation Research

Week Basic and support material to be covered Εισηγητής
1st  Part Linear Programming
1st Introduction to Operations Research (OR)

Operations Research definition.

E. Zafeiriou
2nd

 

Graphical LP maximization Solution / Simplex Method E. Zafeiriou
3d Duality Theory E. Zafeiriou
4th Transportation Problem (The Northwest Method,) E. Zafeiriou
5th Assignment Problem (Hungarian Method)) E. Zafeiriou
6th Short-Cut Method/ Maximum Flow Method E. Zafeiriou
7th  PC applications E. Zafeiriou
2d  Part Decision Making
8th Decision Making Process/Different Conditions E. Zafeiriou
9th Decision Making under Uncertainty (Criteria used) E. Zafeiriou
10th Decision Trees

 

E. Zafeiriou
11th PC Applications E. Zafeiriou
3d Part Case Studies
12th

 

Case Study E. Zafeiriou
13th Case Study E. Zafeiriou
14th Case Study

 

E. Zafeiriou
15th Final Exams

 

Topics of Microeconomic Theory: Market Operation and Food Business Economics


Topics in Microeconomic Theory: Food Markets and Agribusinesses

Type: Postgraduate course / Compulsory

Direction: Agricultural Economics and Food Business

Moderator: Κ. Galanopoulos

Semester: 1st

ECTS: 7.5

Instructors: Κ. Galanopoulos / invited speakers

E-mail: kgalanop@agro.duth.gr

Tel. office: 25520 41114

Webpage: http://pms.agro.duth.gr/index.files/PECON04_COURSE.htm

Cooperation with students: upon request (via email))

Course description:

Consumer Theory and Consumer Choices. Production Theory (Technology, Production Functions, Cost Curves, Cost Minimization and Production maximization). Markets and Businesses (Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition). Forms of business. Analysis and Corporate Finance. Business decisions with risk and uncertainty. Operation and organization of the marketing chain.

Web Course venue:
https://eclass.duth.gr/courses/OPE01183/index.php

Indicative teaching material:

Quantitative Models for Performance Evaluation and Benchmarking. J. Zhu. ISBN 1-4020-7082-9

An Introduction to Efficiency and Productivity Analysis. 1998. Coelli, T., Prasada Rao, D.S., Battese, G.E. Kluwer Academic Publishers, Massachusetts

Microeconomic Theory Principles. Volume I – Microeconomics. G.N. Mankiw, M.P.Taylor. 978-960-01-1328-0

Micoreconomics. R.A. Arnold. 978-960-489-144-3

Additional bibliographic sources are available to students who participate in this course through the website of the course (e-class).

Learning outcomes

After completion of the course students should be able to:

  • Understand the operation of food markets and consumer behavior
    • Understand the operation and organization of business with a focus on agribusiness and food businesses
    • Successfully use microeconomic tools to analyze food business operational issues (e.g. break-even point analysis, cost minimisation, etc.)
    • Focus on complex market analysis research and economic food business
    • Use specialized software and modern technologies to solve business problems.

Evaluation methods:

·       Written exam at end of semester

·       Submit written work during the semester and an oral presentation.

 

Final score: It arises from the sum of the following (maximum score: 100 points):
1. Course examination (end of semester): 70 points
2.  Assignments and presentations: 30 points

 

Lecture program of the course ” Topics in Microeconomic Theory: Food Markets and Agribusinesses”

Week Title Speaker
1st section Production Theory
1st Introduction to the production theory. Production Functions Κ. Galanopoulos
2nd Cost Curves. Mininmisation and Maximisation Problems Κ. Galanopoulos
3rd Additional topics in production theory. Optimization of Productive Units. Κ. Galanopoulos
4th Productivity and efficiency measurement methods (parametric, non-parametric). Κ. Galanopoulos
5th Applications using econometric and mathematical software Κ. Galanopoulos
6th Applications using econometric and mathematical software Κ. Galanopoulos
7th Students’ Presentations Κ. Galanopoulos
2nd Session Types of Markets
8th Perfect competition Κ. Galanopoulos
9th Monopoly / Oligopoly Κ. Galanopoulos
10th Game Theory and Competition

 

 

Κ. Galanopoulos
11th Students’ presentations: literature review work Κ. Galanopoulos
3rd Section: Business Operation
12th Business decisions under conditions of risk and uncertainty Invited Speaker
13th Investment Rating

 

Invited Speaker
14th Operation and organization of the marketing chain

 

Invited Speaker
15th Written Examinations

 

Marketing


Marketing

Type: Postgraduate course / Compulsory

Direction: Agricultural Economics and Food Business

Moderator: E. Raptou

Semester: 1st

ECTS: 7.5

Instructors: E. Raptou

E-mail: elenra@agro.duth.gr

Tel. office: 25520 41184

Webpage: https://agro.duth.gr/en/courses/marketing

Cooperation with students: upon request (via email)

 

Course description:

Understanding marketing strategy and marketing process – Attracting customers – Customer retention. Analysis of the marketing environment – Trends in the macroenvironment and the microenvironment. Marketing information system – Customer value and satisfaction. Identifying market segments – Selection of target markets. Brand decisions – Product positioning and establishing a strong brand name. Pricing strategy.  New product development – Managing the development process. Consumer buying behavior. Advertising, sales promotion and public relations. Personal selling. Direct marketing – E-commerce. Marketing ethics.

 

Indicative teaching material:

Armstrong G, Kotler P. Marketing. 2009, Epikentro Publications, pp. 898.

Chernev A. Strategic Marketing Management. 2012, Cerebellum Press, 7th edition, pp. 254.

Kotler P, Keller K. Marketing Management. 2011, Prentice Hall, 14th Edition, pp. 816.

Additional case studies are provided to the students during the lectures.

 

Learning outcomes

After completion of the course students should be able to:

  • Understand the marketing process and the buying behavior model
    • Make choices among various marketing tools in order to adapt different marketing designs to different market environments
    • Comprehend the factors affecting customer satisfaction, customer value and the buying process
    • Design innovative and effective sales promotion programs
  • Be aware of the opportunities emerging in the national and global market

 

 Evaluation methods:

·         Written exam at end of semester

·         Submit written work during the semester and an oral presentation.

 

Final score: It arises from the sum of the following (maximum score: 100 points):
1. Course examination (end of semester): 70 points
2.  Assignments and presentations: 30 points

 

Lecture Program of the course “Marketing”

Week Title Speaker
1st Section: Marketing strategy – Consumer Behavior
1st Creating customer value and building customer relationships. Case study E. Raptou
2nd Marketing strategy E. Raptou
3rd Analysis of the micro- and macro- environment in business strategy E. Raptou
4th Consumer and buying behavior (purchasing model analysis) – Case study presentation and analysis E. Raptou
2nd Section: Consumer-oriented marketing strategy
5th Marketing segmentation and positioning E. Raptou
6th Brand name strategy and development – Case study presentation and analysis E. Raptou
7th New product development – Case study presentation and analysis E. Raptou
8th Pricing and price strategy E. Raptou
9th Marketing communication – Advertising design and strategy, types of advertising E. Raptou
10th Personal sales design and strategy – Case study presentation and analysis E. Raptou
11th Direct marketing – eCommerce E. Raptou
12th Marketing ethics and social responsibility E. Raptou
13th Presentations of students’assignments E. Raptou