The Economics of Agro-Food Value Chains
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The Economics of Agro-Food Value Chains
Instructors: Chenguang Li
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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 videos•Total 31 minutes
- Introduction•6 minutes
- Introduction to the Technical University of Munich •3 minutes
- Challenges and Trends•8 minutes
- Food Quality•7 minutes
- The Food Value Chain•6 minutes
4 assignments•Total 95 minutes
- Lesson 1 - Introduction •5 minutes
- Trend in Agro-Food Value Chain•30 minutes
- Consumer Requirements •30 minutes
- Distribution of Value•30 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 videos•Total 44 minutes
- Part 1: Quality and Consumer Value•8 minutes
- Part 2: Quality and Consumer Value•15 minutes
- Part 3: Quality and Consumer Value•2 minutes
- Part 1: Strategies for Value Creation•15 minutes
- Part 2: Strategies for Value Creation•5 minutes
5 assignments•Total 128 minutes
- Part 1: Quality and Consumer Value •30 minutes
- Part 2: Quality and Consumer Value•8 minutes
- Part 3: Quality and Consumer Value•30 minutes
- Part 1: Strategies for Value Creation•30 minutes
- Part 2: Strategies for Value Creation•30 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 videos•Total 43 minutes
- Introduction to Market Research•16 minutes
- Data Types and Data Collection•12 minutes
- Data Analysis•16 minutes
3 assignments•Total 90 minutes
- Data Analysis•30 minutes
- Introduction to Market Research•30 minutes
- Data Types and Data Collection•30 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 videos•Total 37 minutes
- Part 1: Asymmetric Information and Market Failures•4 minutes
- Part 2: Asymmetric Information and Market Failures•7 minutes
- Part 3: Asymmetric Information and Market Failures•9 minutes
- Part 4: Asymmetric Information and Market Failures•11 minutes
- Product Attributes and their Classification•6 minutes
5 assignments•Total 150 minutes
- Part 1: Asymmetric Information and Market Failures•30 minutes
- Part 2: Asymmetric Information and Market Failures•30 minutes
- Part 3: Asymmetric Information and Market Failures•30 minutes
- Part 4: Asymmetric Information and Market Failures•30 minutes
- Product Attributes and their Classification•30 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 videos•Total 36 minutes
- Part 1: Solving Market Failures•8 minutes
- Part 2: Solving Market Failures•8 minutes
- Part 1: Trust and Signaling•10 minutes
- Part 2: Trust and Signalling•10 minutes
4 assignments•Total 100 minutes
- Part 1: Solving Market Failures•30 minutes
- Part 2: Solving Market Failures•10 minutes
- Part 1:Trust and Signaling•30 minutes
- Part 2: Trust and Signalling•30 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 videos•Total 24 minutes
- Basic pricing strategies•10 minutes
- Psychological Pricing•9 minutes
- Retailer pricing behaviour•6 minutes
3 assignments•Total 90 minutes
- Basic pricing strategies•30 minutes
- Psychological Pricing•30 minutes
- Retailer Pricing Behaviour with Implication to Farmers’ Welfare•30 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 videos•Total 21 minutes
- Consumer's purchasing process•7 minutes
- Consumer characteristics•7 minutes
- Segmentation, positioning, and brand personality•8 minutes
3 assignments•Total 90 minutes
- Consumer’s purchasing process•30 minutes
- Consumer characteristics•30 minutes
- Segmentation, positioning, and brand personality•30 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 videos•Total 30 minutes
- Part 1: Geographical Indications (GI): concept, relevance and protection•7 minutes
- Part 2: Geographical Indications (GI): concept, relevance and protection•8 minutes
- GIs and market efficiency•15 minutes
3 assignments•Total 90 minutes
- Part 1: Geographical Indications (GI): concept, relevance and protection•30 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 videos•Total 39 minutes
- Definitions and Types of Innovation•13 minutes
- Models and Diffusion of Innovation•12 minutes
- Drivers and Barriers of Innovation•14 minutes
3 assignments•Total 90 minutes
- Definitions and Types of Innovation•30 minutes
- Part 1: Models and Diffusion of Innovation•30 minutes
- Drivers and Barriers of Innovation•30 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 videos•Total 63 minutes
- Agriculture 4.0•20 minutes
- Agriculture 4.0: Case Studies•11 minutes
- Definition of Corporate Social Responsibilities and the “Corporate Social Performance Model”•22 minutes
- CSR Study - Coca-Cola•10 minutes
4 assignments•Total 120 minutes
- Agriculture 4.0•30 minutes
- Agriculture 4.0: Case Studies•30 minutes
- Definition of Corporate Social Responsibilities and the “Corporate Social Performance Model”•30 minutes
- CSR Study - Coca-Cola•30 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 videos•Total 68 minutes
- Part 1: Introduction to Coordination•7 minutes
- Part 2: Introduction to Coordination•12 minutes
- Part 3: Introduction to Coordination•7 minutes
- Part 1: Contracts and the Incentive Problem•13 minutes
- Part 2: Contracts and the Incentive Problem•7 minutes
- Part 3: Contracts and the Incentive Problem•5 minutes
- Part 1: An Example•8 minutes
- Part 2: An Example•9 minutes
8 assignments•Total 240 minutes
- Part 1: Introduction to Coordination•30 minutes
- Part 2: Introduction to Coordination•30 minutes
- Part 3: Introduction to Coordination•30 minutes
- Part 1: Contracts and the Incentive Problem•30 minutes
- Part 2: Contracts and the Incentive Problem•30 minutes
- Part 3: Contracts and the Incentive Problem•30 minutes
- Part 1: An Example•30 minutes
- Part 2: An Example•30 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 videos•Total 68 minutes
- Part 1: Modern Retail•10 minutes
- Part 2: Modern Retail•11 minutes
- Part 3: Modern Retail•12 minutes
- Part 1: Coordination in Modern Retail•18 minutes
- Part 2: Coordination in Modern Retail•7 minutes
- Part 3: Coordination in Modern Retail•10 minutes
6 assignments•Total 180 minutes
- Part 1: Modern Retail•30 minutes
- Part 2: Modern Retail•30 minutes
- Part 3: Modern Retail•30 minutes
- Part 1: Coordination in Modern Retail•30 minutes
- Part 2: Coordination in Modern Retail•30 minutes
- Part 3: Coordination in Modern Retail•30 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 videos•Total 42 minutes
- Vertical Coordination and Transaction Costs•5 minutes
- Quality and Vertical Coordination•6 minutes
- What are Standards?•7 minutes
- Meta-standards and Meta-systems•7 minutes
- Examples of Food Quality Standards•16 minutes
5 assignments•Total 150 minutes
- Vertical Coordination and Transaction Costs•30 minutes
- Quality and Vertical Coordination•30 minutes
- What are Standards?•30 minutes
- Meta-standards or Meta-systems•30 minutes
- Examples of Food Quality Standards•30 minutes
What's included
1 reading1 assignment
1 reading•Total 10 minutes
- Your Feedback is Important•10 minutes
1 assignment•Total 30 minutes
- FINAL EXAM•30 minutes
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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.
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
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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