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The Economics of Agro-Food Value Chains

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The Economics of Agro-Food Value Chains

23,545 already enrolled

Included with

Gain insight into a topic and learn the fundamentals.
4.5

452 reviews

Intermediate level
Some related experience required
Flexible schedule
4 weeks at 10 hours a week
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.5

452 reviews

Intermediate level
Some related experience required
Flexible schedule
4 weeks at 10 hours a week
Learn at your own pace

There are 14 modules in this course

Have a look at our trailer for a brief introduction to this course: https://youtu.be/GADAgxTHjgE

In this course, you learn how the agro-food value chain approaches the challenge of constantly improving its competitiveness by producing high quality food and products and also aiming to attain greater sustainability. Some of the topics of this course are: • The notion of quality for food and agricultural products and consumer value. • How to conduct market research in this field. • Labelling, branding and pricing strategies, as-well as innovation in the agro-food sector. • How sustainability can be used as a competitive advantage through corporate social responsibility. • The role and different types of industrial standards. • The different forms of coordination in the chain, in particular with regard to the retailing and distribution sector. This course is taught by a group of international experts from Universities in Italy, Germany, Ireland, Scotland and the Netherlands. Each of them will give you insights into a specific topic related to food quality and the organization of the agro-food value chains.

This module will give you an introduction and overview of the course. In the second lesson of this module, we will talk about the current challenges and trends in the agro-food value chain. In the third lesson of this module, the concept of quality in the agro-food value chain will be introduced. The module finishes with the fourth lesson, which gives you an overview of the food value chain.

What's included

5 videos4 assignments

5 videosTotal 31 minutes
  • Introduction6 minutes
  • Introduction to the Technical University of Munich 3 minutes
  • Challenges and Trends8 minutes
  • Food Quality7 minutes
  • The Food Value Chain6 minutes
4 assignmentsTotal 95 minutes
  • Lesson 1 - Introduction 5 minutes
  • Trend in Agro-Food Value Chain30 minutes
  • Consumer Requirements 30 minutes
  • Distribution of Value30 minutes

In this module you will learn about the relationship between quality and consumer value. After the module you will be able to describe consumer choices in a differentiated market and explain the link between quality and value. You will also learn about strategies for building consumer value.

What's included

5 videos5 assignments

5 videosTotal 44 minutes
  • Part 1: Quality and Consumer Value8 minutes
  • Part 2: Quality and Consumer Value15 minutes
  • Part 3: Quality and Consumer Value2 minutes
  • Part 1: Strategies for Value Creation15 minutes
  • Part 2: Strategies for Value Creation5 minutes
5 assignmentsTotal 128 minutes
  • Part 1: Quality and Consumer Value 30 minutes
  • Part 2: Quality and Consumer Value8 minutes
  • Part 3: Quality and Consumer Value30 minutes
  • Part 1: Strategies for Value Creation30 minutes
  • Part 2: Strategies for Value Creation30 minutes

In Module 3 you will learn about market research. After the module you will know the definition, role and types of market research in addition to the research process and the ethics of market research. In the second lesson of the module you will learn about the different types of data and various methods of data collection. The last lesson of the module then deals with data analysis, where you will learn about the most commonly used statistical and econometric techniques to analyze data.

What's included

3 videos3 assignments

3 videosTotal 43 minutes
  • Introduction to Market Research16 minutes
  • Data Types and Data Collection12 minutes
  • Data Analysis16 minutes
3 assignmentsTotal 90 minutes
  • Data Analysis30 minutes
  • Introduction to Market Research30 minutes
  • Data Types and Data Collection30 minutes

In Module 4 you will learn about asymmetric information with regard to food quality. In the first lesson of the module we will introduce the concepts of asymmetric information, adverse selection, moral hazard, and market failure. That way you will be able to explain the role of information for the functioning of a market. In the second lesson we will talk about the product attributes and their classification. After the lesson you will be able to classify product attributes based on when consumers are able to assess their true qualities.

What's included

5 videos5 assignments

5 videosTotal 37 minutes
  • Part 1: Asymmetric Information and Market Failures4 minutes
  • Part 2: Asymmetric Information and Market Failures7 minutes
  • Part 3: Asymmetric Information and Market Failures9 minutes
  • Part 4: Asymmetric Information and Market Failures11 minutes
  • Product Attributes and their Classification6 minutes
5 assignmentsTotal 150 minutes
  • Part 1: Asymmetric Information and Market Failures30 minutes
  • Part 2: Asymmetric Information and Market Failures30 minutes
  • Part 3: Asymmetric Information and Market Failures30 minutes
  • Part 4: Asymmetric Information and Market Failures30 minutes
  • Product Attributes and their Classification30 minutes

In Module 5 you will be introduced to “Food Labeling”. In this module you will learn how labels can work as a tool to solve market failures due to asymmetric information and hear about reputation mechanisms based on trust and signaling.

What's included

4 videos4 assignments

4 videosTotal 36 minutes
  • Part 1: Solving Market Failures8 minutes
  • Part 2: Solving Market Failures8 minutes
  • Part 1: Trust and Signaling10 minutes
  • Part 2: Trust and Signalling10 minutes
4 assignmentsTotal 100 minutes
  • Part 1: Solving Market Failures30 minutes
  • Part 2: Solving Market Failures10 minutes
  • Part 1:Trust and Signaling30 minutes
  • Part 2: Trust and Signalling30 minutes

In Module 6 we will talk about the effect of price as a signal for quality. The module also includes the implication of consumer psychology and quality perceptions on pricing tactics. At the end of this module

What's included

3 videos3 assignments

3 videosTotal 24 minutes
  • Basic pricing strategies10 minutes
  • Psychological Pricing9 minutes
  • Retailer pricing behaviour6 minutes
3 assignmentsTotal 90 minutes
  • Basic pricing strategies30 minutes
  • Psychological Pricing30 minutes
  • Retailer Pricing Behaviour with Implication to Farmers’ Welfare30 minutes

In module 7 you will learn about consumer behavior and the dimension and use of brand personalities. In the first lesson you will learn about the consumer's purchasing process. In the 2nd lesson we will talk about consumer characteristics. Finally, you will hear about segmentation, positioning, and brand personality.

What's included

3 videos3 assignments

3 videosTotal 21 minutes
  • Consumer's purchasing process7 minutes
  • Consumer characteristics7 minutes
  • Segmentation, positioning, and brand personality8 minutes
3 assignmentsTotal 90 minutes
  • Consumer’s purchasing process30 minutes
  • Consumer characteristics30 minutes
  • Segmentation, positioning, and brand personality30 minutes

This module is about “Geographical Indicators”. After the module you will be able to explain the notion of “Geographical Indication” and the key facts about the protection of GIs in the EU. You will also be able to explain the importance of the GI sector within the EU market.

What's included

3 videos3 assignments

3 videosTotal 30 minutes
  • Part 1: Geographical Indications (GI): concept, relevance and protection7 minutes
  • Part 2: Geographical Indications (GI): concept, relevance and protection8 minutes
  • GIs and market efficiency15 minutes
3 assignmentsTotal 90 minutes
  • Part 1: Geographical Indications (GI): concept, relevance and protection30 minutes
  • Part 2: Geographical Indications (GI): concept, relevance and protection 30 minutes
  • GIs and market efficiency 30 minutes

In this module you will learn about innovation and quality. You will be able to define what is innovation and state the differences between the many types of innovations. You will also be able to explain how innovations are generated and how the drivers and barriers of innovation in the agro-food sector arise.

What's included

3 videos3 assignments

3 videosTotal 39 minutes
  • Definitions and Types of Innovation13 minutes
  • Models and Diffusion of Innovation12 minutes
  • Drivers and Barriers of Innovation14 minutes
3 assignmentsTotal 90 minutes
  • Definitions and Types of Innovation30 minutes
  • Part 1: Models and Diffusion of Innovation30 minutes
  • Drivers and Barriers of Innovation30 minutes

In this module we will talk about the use of modern technology in Agriculture: Agriculture 4.0 and “Corporate Social Responsibility in the Agro-food Sector and its Relevance for Food Companies."

What's included

4 videos4 assignments

4 videosTotal 63 minutes
  • Agriculture 4.020 minutes
  • Agriculture 4.0: Case Studies11 minutes
  • Definition of Corporate Social Responsibilities and the “Corporate Social Performance Model”22 minutes
  • CSR Study - Coca-Cola10 minutes
4 assignmentsTotal 120 minutes
  • Agriculture 4.030 minutes
  • Agriculture 4.0: Case Studies30 minutes
  • Definition of Corporate Social Responsibilities and the “Corporate Social Performance Model”30 minutes
  • CSR Study - Coca-Cola30 minutes

In this module you will learn about the coordination continuum, when coordination is profitable and possible incentive conflicts.

What's included

8 videos8 assignments

8 videosTotal 68 minutes
  • Part 1: Introduction to Coordination7 minutes
  • Part 2: Introduction to Coordination12 minutes
  • Part 3: Introduction to Coordination7 minutes
  • Part 1: Contracts and the Incentive Problem13 minutes
  • Part 2: Contracts and the Incentive Problem7 minutes
  • Part 3: Contracts and the Incentive Problem5 minutes
  • Part 1: An Example8 minutes
  • Part 2: An Example9 minutes
8 assignmentsTotal 240 minutes
  • Part 1: Introduction to Coordination30 minutes
  • Part 2: Introduction to Coordination30 minutes
  • Part 3: Introduction to Coordination30 minutes
  • Part 1: Contracts and the Incentive Problem30 minutes
  • Part 2: Contracts and the Incentive Problem30 minutes
  • Part 3: Contracts and the Incentive Problem30 minutes
  • Part 1: An Example30 minutes
  • Part 2: An Example30 minutes

In this module you will learn about the modern retail sector and its procurement contracts, the issues around shelf allocation and supplier selection.

What's included

6 videos6 assignments

6 videosTotal 68 minutes
  • Part 1: Modern Retail10 minutes
  • Part 2: Modern Retail11 minutes
  • Part 3: Modern Retail12 minutes
  • Part 1: Coordination in Modern Retail18 minutes
  • Part 2: Coordination in Modern Retail7 minutes
  • Part 3: Coordination in Modern Retail10 minutes
6 assignmentsTotal 180 minutes
  • Part 1: Modern Retail30 minutes
  • Part 2: Modern Retail30 minutes
  • Part 3: Modern Retail30 minutes
  • Part 1: Coordination in Modern Retail30 minutes
  • Part 2: Coordination in Modern Retail30 minutes
  • Part 3: Coordination in Modern Retail30 minutes

In this module you will learn about vertical coordination and its relation to transaction costs and quality. You will also learn about standards, meta-standards and meta-systems. The module ends with examples of food quality standards.

What's included

5 videos5 assignments

5 videosTotal 42 minutes
  • Vertical Coordination and Transaction Costs5 minutes
  • Quality and Vertical Coordination6 minutes
  • What are Standards?7 minutes
  • Meta-standards and Meta-systems7 minutes
  • Examples of Food Quality Standards16 minutes
5 assignmentsTotal 150 minutes
  • Vertical Coordination and Transaction Costs30 minutes
  • Quality and Vertical Coordination30 minutes
  • What are Standards?30 minutes
  • Meta-standards or Meta-systems30 minutes
  • Examples of Food Quality Standards30 minutes

What's included

1 reading1 assignment

1 readingTotal 10 minutes
  • Your Feedback is Important10 minutes
1 assignmentTotal 30 minutes
  • FINAL EXAM30 minutes

Instructors

Instructor ratings
4.3 (141 ratings)
Technical University of Munich (TUM)
1 Course23,545 learners
Technical University of Munich (TUM)
1 Course23,545 learners
Technical University of Munich (TUM)
1 Course23,545 learners

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Showing 3 of 452

SP
·

Reviewed on May 10, 2019

One of the best course for people who are following agribusiness degree. Good Job, Sir and Madam.Thank you for giving me this opportunity.

AA
·

Reviewed on Aug 7, 2019

Decent course to get an understanding of agri-value chains from a perspective of economics. The course was very relevant for me in my current profile of agribusiness

JG
·

Reviewed on Jun 4, 2021

the course is very helpful. It is precise and concise. I enjoy learning the Economics of Agro-Food Value Chains!

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