Module Catalogue

NES2102 : Agricultural Economics and Policy

  • Offered for Year: 2025/26
  • Available to incoming Study Abroad and Exchange students
  • 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

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.

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture101:0010:00Five lectures on the principles of economics with a focus on agricultural markets and five lectures on agricultural and environmental policies.
Guided Independent StudyAssessment preparation and completion128:0028:00Take home coursework (100%)
Guided Independent StudyDirected research and reading121:0012:00Module lecturer will give students relevant reading to prepare for lectures
Scheduled Learning And Teaching ActivitiesWorkshops21:002:00Workshops will provide an opportunity for students to practice their analytical skills and problem solving skills in a guided environment.
Scheduled Learning And Teaching ActivitiesDrop-in/surgery21:002:00Drop-in surgeries for students to ask questions and seek guidance on the preparation for assessment.
Guided Independent StudyIndependent study145:0045:00N/A
Scheduled Learning And Teaching ActivitiesModule talk11:001:00Introduction to the module
Total100:00
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.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Report1M100The assessment is a combination of a report/essay on policy measures (max. 1000 words) (60% of total mark) plus one problem solving exercise based on 2-3 questions on applied farm economics (40% of final mark).
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.

Reading Lists

Timetable