2023-2024 / ECON2254-2

Tropical markets


9h Th, 9h Pr

Number of credits

 Master in agricultural bioengineering (120 ECTS)2 crédits 


Hossein Azadi

Language(s) of instruction

English language

Organisation and examination

Teaching in the second semester


Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit 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)

Learning outcomes of the learning unit

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

Prerequisite knowledge and skills


Planned learning activities and teaching methods

Mode of delivery (face to face, distance learning, hybrid learning)

Lectures : 12h
Seminars : 12h

Recommended or required readings

Marchés tropicaux et méditerranéens (2000 - 2005).
Cyclope : Les Marchés Tropicaux - Economica.

Any session :

- In-person

written exam

- Remote

written work

- If evaluation in "hybrid"

preferred remote

Additional information:

Group report (30%) Written exam (70%)

Work placement(s)

Organisational remarks and main changes to the course


Association of one or more MOOCs