First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Agricultural Sciences and Veterinary Medicine
FORESTRY AND ENVIRONMENTAL TECHNOLOGY
Course unit
PRINCIPLES OF AGRICULTURAL, FOREST AND ENVIRONMENTAL ECONOMICS
AG04122575, A.A. 2019/20

Information concerning the students who enrolled in A.Y. 2019/20

Information on the course unit
Degree course First cycle degree in
FORESTRY AND ENVIRONMENTAL TECHNOLOGY (Ord. 2019)
AG0059, Degree course structure A.Y. 2019/20, A.Y. 2019/20
N0
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Number of ECTS credits allocated 8.0
Type of assessment Mark
Course unit English denomination PRINCIPLES OF AGRICULTURAL, FOREST AND ENVIRONMENTAL ECONOMICS
Website of the academic structure https://www.agrariamedicinaveterinaria.unipd.it/
Department of reference Department of Land, Environment, Agriculture and Forestry
E-Learning website https://elearning.unipd.it/scuolaamv/
Mandatory attendance No
Language of instruction Italian
Branch LEGNARO (PD)
Single Course unit The Course unit can be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Lecturers
Teacher in charge ELENA PISANI AGR/01

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Core courses AGR/01 Rural economy and evaluation 8.0

Course unit organization
Period Second semester
Year 1st Year
Teaching method frontal

Type of hours Credits Teaching
hours
Hours of
Individual study
Shifts
Practice 3.0 24 51.0 No turn
Lecture 5.0 40 85.0 No turn

Calendar
Start of activities 02/03/2020
End of activities 12/06/2020
Show course schedule 2019/20 Reg.2019 course timetable

Syllabus
Prerequisites: Elementary notions of algebra.
Target skills and knowledge: The course aims to offer students the basic knowledge of economics, with applications in the forestry, environmental and agricultural sectors. Thanks to the course, the student will develop the following abilities and skills: 1. ability to describe, analyse and evaluate the functioning of markets at the microeconomic level, 2. ability to describe and analyze the functioning of the entire economic system according to a macroeconomic approach, 3. ability to describe and analyze the different operational tools of the Common Agricultural Policy.
Specifically, the knowledge and skills regarding the following topics will be developed.
- Supply and demand: how the markets work
- Supply and demand: markets and well-being
- Public sector economics: externalities, public goods and collective resources
- Business behaviour in different market forms
- Introduction to Macroeconomics
- Common Agricultural Policy in the 2014-2020 programming period.
The theoretical lessons will be accompanied by exercises and the presentation of case studies in the agricultural, forestry and environmental sectors.
Examination methods: The exam will be written and organized in both open-ended and closed-ended questions where the student must demonstrate that she/he has acquired the theoretical knowledge with precise terminology and that she/he knows how to apply it in specific real cases. The examination will also concern three microeconomics exercises. Students who pass the written test successfully will be able to decide whether to request an oral integration. At the beginning of the course the students and the teacher can agree on one or, at most, two partial tests related to the theoretical part. Partial tests can be taken only by students who attend the course for at least 70% of the hours of frontal teaching.
Assessment criteria: 1. Ability to describe and analyse the microeconomic and macroeconomic concepts and to offer an adequate graphical representation.
2. Ability to describe and analyse the economic concepts related to the Common Agricultural Policy.
3. Ability to solve specific microeconomics problems even with applications in agriculture and forestry.
4. Exposure capacity and precision in the use of economic terminology
Course unit contents: INTRODUCTION TO ECONOMIC SCIENCE. Individual decisions. The interaction between individuals. The functioning of the economy as a whole.
INTERDEPENDENCE AND BENEFITS OF THE EXCHANGE. A simplified description of the modern economy. The principle of comparative advantage. The applications of comparative advantage.
REQUEST AND OFFER: MARKET OPERATION METHODS. The market forces of supply and demand. Elasticity and its applications. Demand, supply and economic policy.
REQUEST AND OFFER: MARKETS AND WELLNESS. Consumers, producers and market efficiency, taxation.
ECONOMY OF THE PUBLIC SECTOR. Externalities. Public goods and collective resources.
THE BEHAVIOR OF BUSINESSES. Production costs. Companies in a competitive market. The monopoly. Monopolistic competition. Oligopoly.
INTRODUCTION TO MACROECONOMICS. The income of a nation. Life cost. Production and growth. Savings, investment and financial system. Unemployment. Financial system. Inflation.
EXERCISES: definition of the quantity and price of equilibrium in the market; the elasticity of demand and supply curves, the effect of taxation on market balance, the determination of consumer and producer surplus, the determination of production costs, the determination of the quantity that maximises profit in markets of perfect competition, monopolistic and monopoly competition.
Planned learning activities and teaching methods: Frontale didactics and interactive learning
Additional notes about suggested reading: The study materials are as follows:
- Student's notes
- Teacher' presentations in pdf format made available on the Moodle platform
- Textbook suggested by the teacher
- Notebook on the CAP
Textbooks (and optional supplementary readings)
  • Krugman, P.R., Wells, R., Graddy, K., L'essenziale di economia. Torino: Zanichelli, 2012.
  • Veneto Agricoltura, L'Italia di fronte alla riforma della PAC 2014-2020. Legnaro: Veneto Agricoltura Edizione, --. Cerca nel catalogo

Innovative teaching methods: Teaching and learning strategies
  • Lecturing
  • Case study
  • Story telling
  • Use of online videos
  • Loading of files and pages (web pages, Moodle, ...)

Innovative teaching methods: Software or applications used
  • Moodle (files, quizzes, workshops, ...)

Sustainable Development Goals (SDGs)
Clean Water and Sanitation Affordable and Clean Energy Decent Work and Economic Growth Industry, Innovation and Infrastructure Sustainable Cities and Communities Responsible Consumption and Production Climate Action Life Below Water Life on Land Peace, Justice and Strong Institutions