8h Th, 16h AUTR
Number of credits
|Master in agricultural bioengineering (120 ECTS)||2 crédits|
Language(s) of instruction
Organisation and examination
Teaching in the first semester, review in January
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
A. International trade theory
1. Comparative advantages
2. National accounting and the balance of payments
3. Exchange rates
B. International trade
1. Trade policy tools
2. Forward markets
3. Barriers to export growth
C. Trade terms
D. Globalization : the case of foodsector.
Learning outcomes of the learning unit
To understand the role of the economy in international relations and to characterize the main agricultural markets.
After completing the course the student is expected to
Understand the place of the economy in the analysis of the international reports
Characterize the main markets of farm products
Understand the functioning of authorities and instruments of the international trade
Prerequisite knowledge and skills
-- ECON2244-1 - Political and social economics
Planned learning activities and teaching methods
Mode of delivery (face-to-face ; distance-learning)
Lectures : 8h Case studies : 10h Personal work : 6h
Recommended or required readings
1) Krugman (1996). La mondialisation n'est pas coupable : vertus et limites du libre-échange. La Découverte/Poche; 81. Essais.
2) Bigman (2002). Globalization and the Developing Countries : Emerging Strategies for Rural Development and Poverty Alleviation. Cabi Publishing.
3) Ataman Aksoy et Beghin (2005). Global agricultural Trade and Developing Countries. The World Bank.
Assessment methods and criteria
Written exam and oral presentation
Lebailly Philippe, (Professeur Ordinaire)
Bât. GE Gembloux Agro-Bio Tech
Passage des Déportés 2
+32 81 622361