AGRICULTURAL
UNIVERSITY OF ATHENS
Department of Agribusiness
& Supply Chain Management

5405 - Intoduction to Agricultural Economics

Content

  1. Characteristics of farming
  2. The Agricultural Problem
  3. Basic principles of agricultural production economics, basic characteristics and activities of agricultural firms
  4. Agricultural production factors
  5. General principles of production
  6. Production costs
  7. Economic effects of agricultural activity
  8. The viability of the farm and the rural household
  9. Introduction to the concepts of Agricultural Product Quality (standardization, packaging, identification, storage and transport, and processing)
  10. The Common Agricultural Policy
  11. Theory and Politics of International Trade
  12. The rural sector and economic development
  13. The Greek agricultural sector: evolution, characteristics, problems and institutions
    A combination of teaching and learning methods will be used, aiming at the active participation of the students and the practical application of the thematic units under examination; there will also be lectures using audiovisual media, discussions, and analyses of case studies on real business issues, experiential (group) activities, as well as projections of relevant videos. The students will also undertake an individual or group project. Furthermore, articles, audiovisual lecture materials, web links/addresses, useful information, case studies and exercises for further practice are posted in digital form on the AUA Open e-Class platform.

Learning results

The aim of the course is: 

to highlight the special characteristics of agricultural products and their differentiation from industrial products. There is also extensive reference to the policies implemented by governments in support of agricultural production, focusing on the Common Agricultural Policy of the European Union

Upon successful completion of the course, the student will be able to:

  • understand the basic economic principles of a farm
  • rationalize the composition and intensity of the production process of a farm
  • understand the mechanisms of price formation of agricultural products and what are the potential effects of price changes on these products
  • know and explain the current institutional framework of the Common Agricultural Policy

Bibliography

Suggested Bibliography in Greek Language:
● Λιανός, Θ. (2016). Αγροτική Οικονομική. Θεωρία και Πολιτική. Αθήνα: Μπένου.
● Παπαναγιώτου, Ε. (2010). Οικονομική Παραγωγής Γεωργικών Προϊόντων. Θεσσαλονίκη: Γράφημα.
● Σπάθης, Π., Παπαγεωργίου, Κ. & Δαμιανός Δ. (2015). Αγροτική Πολιτική. Αθήνα: Σταμούλης.
Suggested Bibliography in English Language:
● Barkley, A., & Barkley, P. W. (2016). Principles of agricultural economics. Routledge.
Related academic Journals:
● Journal of Agricultural and Applied Economics
● Journal of Agricultural and Resource Economics
● Journal of Agricultural Economics
Instructor's Notes

Faculty

2262022569 (Office Hours: Tuesday 13.00-15.00 and Friday 11.00-13.00)
aliontakis@aua.gr
Assistant Professor. According to Google Scholar, his published work includes 50 publications in the […]

NEWSLETTER

The Department was created in 2019 (article 20, Law 4589/2019) and is an evolution of the Supply Systems Management Department (D.S.E.). Housed in a 770 sq.m. building. within a plot with a total area of 8,000 sq.m. in facilities with extensive research and teaching spaces.
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