This module aims at providing students principles and analytical methods for agricultural market analysis and agricultural value chains analysis.

After a successful completion of the module, students should be able to demonstrate knowledge and understanding of:

  • Agricultural markets and information
  • Institutions for agricultural commodity prices discovery and market analysis  tools
  • Agricultural commodity demand and supply analysis and market margins
  • Value chain concepts and agricultural value chain analysis
  • Agricultural value chain development processes

Course Content:

Unit 1: Agricultural Market Analysis

·         Introduction-Markets and information

·         Institutions for price discovery

·         Overview of market analysis tools

·         Demand and supply analysis

·         Marketing margins/Competitiveness

Unit 2: Agricultural value chain analysis

  • Value Chain Concepts
  • Value Chain Analysis (VCA)
  • Preliminary domains of value chain analysis
  • Technical capacities of the value chain
  • Economic performance of the value chain
  • value Chain Development

Mode of assessment: A continuous assessment test will be valued at 60% of the total module marks, and one written final exam at 40% of the total module marks.

Participation: The complete participation is awarded 5% of the total marks. Otherwise, the marks to the students are proportionate to their participation considering the minimum required by the INES Academic Regulations

Available points to be earned by students:
  • Participation                            : 10 marks
  • CATs                                          : 50 marks
  • Final examination                    : 40 marks

Indicative Resources

1.    Ferris, John N. Agricultural Prices and Commodity Market Analysis, McGraw-Hill, 1998

2.    Intriligator, Michael D., Ronald G. Bodkin, and Cheng Hsiao. Econometric Models, Techniques, and Applications, 2nd edition, Englewood Cliffs: Prentice-Hall, 1996

3.    Deaton, A. and J.Muellbauer. Economics and consumer behaviour. Cambridge: Cambridge University Press, 1980.

4.    Tomek, William G. and Kenneth L. Robinson. Agricultural Product Prices. Third edition, Ithaca: Cornell University Press, 1990.

5.    Lorenzo Giovanni Bellù.Value Chain Analysis for Policy Making: Methodological Guidelines and country cases for a Quantitative Approach. FAO 2013. E-ESBN 978-92-5-107664-4  E-ISSN 2219-9497

6.    UNIDO. AGRO-VALUE CHAIN ANALYSIS AND DEVELOPMENT. The UNIDO Approach. A staff working paper. UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION, Vienna, 2009