NES2102 : Agricultural Economics and Policy
NES2102 : Agricultural Economics and Policy
- Offered for Year: 2024/25
- Module Leader(s): Dr Carmen Hubbard
- Lecturer: Professor Guy Garrod
- Owning School: Natural and Environmental Sciences
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
ACE1006 / NES1102 - Introductory Business Economics gives a grounding to the more sector specific information presented in this module.
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
This module provides students with the basic analytical tools to evaluate the impact of agricultural, environmental and trade policy changes on agricultural markets, with a focus on the sector and farm level. The module explains and uses the principles of agricultural economics to help gaining an understanding of issues and events in the agricultural sector and international trade, and their implications on agricultural markets.
Outline Of Syllabus
The module is divided into two main sections:
1) Principles of Agricultural Economics
2) Agricultural and Agri-environmental Policies.
Learning Outcomes
Intended Knowledge Outcomes
To develop an understanding of the key principles regarding the economics of agricultural resources and markets, with a focus on the UK sector. This module builds on the concepts introduced at Stage 1 (Introductory Economics) to develop a deeper understanding of important economic ideas and policy formation and application.
To extend abilities to critically analyse the agricultural sector and market conditions and to develop well-argued insights of past and future developments in the farming industry.
Intended Skill Outcomes
To be able to use economics to understand and analyse farm and sector issues and to appreciate the economic and policy history, so to get a better understanding of the possible future of the agricultural and food systems in the UK and beyond.
To be able to think economically about current and future problems and opportunities, apply knowledge to real life situations and appreciate the strengths and weaknesses of competing and conflicting arguments.
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 2 | 4:00 | 8:00 | Preparation for workshops and associated formative assessment |
| Guided Independent Study | Assessment preparation and completion | 1 | 25:00 | 25:00 | Take home coursework report (100%) |
| Scheduled Learning And Teaching Activities | Lecture | 10 | 1:00 | 10:00 | N/A |
| Guided Independent Study | Directed research and reading | 12 | 1:00 | 12:00 | Module lecturer will give students relevant reading to prepare for lectures |
| Scheduled Learning And Teaching Activities | Workshops | 3 | 1:00 | 3:00 | Workshops will provide an opportunity for students to practice their analytical skills and undertake formative assessment exercises. |
| Scheduled Learning And Teaching Activities | Drop-in/surgery | 2 | 1:00 | 2:00 | Drop-in surgeries for students to ask questions and seek guidance on the assessed exercise. |
| Guided Independent Study | Independent study | 1 | 39:00 | 39:00 | N/A |
| Scheduled Learning And Teaching Activities | Module talk | 1 | 1:00 | 1:00 | N/A |
| Total | 100:00 |
Teaching Rationale And Relationship
Students will have full access to all reading materials. Class discussion, Q/A sessions, debates will be encouraged during class. Lecture material is comprehensive, extensive and requires substantial student study outside the classroom.
The assignment is set specifically to test learning objectives, and to encourage students to practice their critical analytical skills and extend and apply their knowledge and understanding to be able to achieve these outcomes.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Other Assessment
| Description | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|
| Written exercise | 1 | M | 100 | Written exercise - combination of two/three practical exercises (each exercise gets its own marks which in total account 30%-40% of the final mark) and one essay question (60-70% of the final mark ). essay question should be restricted to a max 1000 word |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Written exercise | 1 | M | Workshops where students develop and practise their analytical skills under guidance. |
Assessment Rationale And Relationship
The summative assignment will consist of a report in which the students will be tested in a range of skills including knowledge and understanding of the concepts and ideas covered during the module as well as critical analytical skills and report writing skills. The essay question should be restricted to a maximum of 1,000 words (except references list)
The formative assessment provides an opportunity for students to practice their analytical problem solving skills in a guided workshop environment.
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- NES2102's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- NES2102's past Exam Papers
General Notes
N/A
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Disclaimer
The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.