Agricultural Trade Policies

Course content

The goal of this course is to convey the basic economics of widely used agricultural trade policy schemes. The course is designed for students who have some grasp of microeconomic principles. Numerous trade policy mechanisms like; tariffs, quotas, mixing regulations, market discrimination, export subsidies are analyzed. Effects of various trade policies on domestic and international prices, consumption, production, trade and government revenue are examined. Some ideas about the effects of individual trade policies on general economic welfare are also discussed.