University of Liege | Version française
	Study programmes 2010-2011 Last update : 11/04/2011
	ECON2254-1   Tropicals markets Duration :   12h Th, 12h Pr Credits/ECTS :   Master in Agricultural Bioengineering, Professional Focus, 2nd year First semester 2 Master in Chemistry and Bio-industries, Professional Focus, 2nd year First semester 2 Master in Forests and natural Areas Engineering, Professional Focus, 1st year First semester 2 Required preliminary complements to register in the Advanced master in bio-engineering: sanitary engineering First semester 2 Required preliminary complements to register in the Advanced Master in Rural Economics and Sociology First semester 2 Holder(s) :   Baudouin Michel Language :   French language Course contents :   1. Introduction 2. Concerned products (banana, cacao, coffee, rubber, cotton, palm oil, soya beans cake and oil, essential oils, sugar, thea, cinchona) 3. Production (for each concerned product (geographic areas, volume, value)) 4. Consumption (for each concerned product (geographic areas, volume, value)) 5. Exchanges (for each concerned product (exports, imports)) 6. Price setting (for each concerned product) 6.1. Price mechanism 6.2. Production price 6.3. Consumption price 6.4. Intermediaries and markets 6.5. World prices and internal prices 6.6. Competitiveness 6.7. Evolution and perspectives 7. Futures markets (definition, utility and risk forecast, quantification and relative share, markets instability and volatility, regulation and public intervention) 8. International agreements (coffee, cacao, banana - euro - us, sugar, the WTO and international agreements, Stabex specificities) 9. Fair trade (definition, scale, perspectives) Course objective :   Understanding and arguing physical and futures markets functioning of main agricultural productions coming from tropical and intertropical areas. After completing the course the student is expected to - will understand the principal mechanisms governing the tropical markets of which the mechanisms fixing of price - will be able to carry out a relevant research on agricultural tropical markets and to define the principal constraints and prospects for them -will be likely to integrate the elements of determination of supply and demand in the ex-ante or ex-post analyses of of private and public investments projects Prerequisites :   None Organization :   Lectures : 12h Seminars : 12h Written notes :   Marchés tropicaux et méditerranéens (2000 - 2005). Cyclope : Les Marchés Tropicaux - Economica. Assessment :   Group report (30%) Oral examination (70%) Home Search by Faculty Search by teacher Search by course code and title
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