Course overview
In this course, we will examine policies affecting food and agriculture using an economic framework and an international perspective. Students develop a solid understanding of the agricultural and food policy environment, the policy formulation process, and the role, rationale and economic consequences of government intervention in food and agricultural markets. They will develop the skills and working knowledge necessary to critically assess current and potential changes to domestic and global agricultural and food policy, trade policy, environmental and natural resource policy, and market regulations. They will use basic economic theoretical concepts and analytical tools to deal with the policy issues discussed. For example, students will gain experience conducting economic welfare analyses using various policy instruments and programs. Each topic is motivated by a current or emerging issue facing the food and agricultural sectors of the economy.
Course learning outcomes
- Demonstrate practical applications of policy analysis related to agriculture and food value chain issues
- Discuss the economic and political feasibility of policy changes and instruments
- Apply critical thinking to policies and policy reformsIdentify and analyse how public policy and firm and firm decisions affect agribusiness, market, and society
- Recognize policy-related problems and anticipate opportunities available in the market
- Write concise summaries of policies affecting the agricultural and food sectors, and argue orally their implications.
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The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.