Nome da disciplina: Agricultural and Food Economics Coordenador(es): Madalena Barreira Outros docentes: Manuel Belo Moreira, Inês Mansinho, Raul Jorge, Fernando Oliveira Baptista e João Castro Caldas Precedências requeridas: Introdução à Eng.ª Zootécnica ou Organização da Produção Agrícola e Pecuária (consoante a licenciatura) Semestre pretendido (no caso da disciplina não ter semestre atribuído): Número e tipo de horas lectivas semanais: Teórico-prática 3+2 Programa Duração I- Introduction 2 semanas Resource scarcity, alternative uses, opportunity costs and choice. Answering economic questions; methodology of economics, market failures and public intervention; public goods and externalities – the case of environmental externalities. Docentes Madalena Barreira e Manuel Belo Moreira The farm and Agrifood sector: importance to the Portuguese economy; farm and agrifood structures; inputs and economic results of the farm and agrifood sectors. II- Agricultural and food economics 6 semanas Madalena Barreira, Production and supply of agricultural and food products: + Inês Mansinho production function, productivity and rate of technical substitution; costs, returns and profit maximisation; short and 1 avaliação e long run supply; specificity of agricultural and food supply. Raul Jorge Demand of agricultural and food products: utility, consumers’ choice and demand; determinants and specificity of agricultural and food demand; main trends of food consumption in Portugal. Markets and prices of agricultural and food products: demand, supply and market equilibrium; market instability, price determination in an open economy; market structures and agro-food supply chains. III- Rural Economy 4 semanas Fernando O. Baptista From agriculture to agricultural sector and to social + e system integration: farm and agricultural enterprise; part time farming; agricultural family unities based on revenue 1 avaliação João C. Caldas transfers. From agriculture to territory. The new rural paradigm; the competitiveness of rural areas; multifuntionality; local assets valorisation; non used resources exploitation; rural economies diversification; from subsidies to investment. Rural economy agents: Administration at different levels; regional and local agents; local governance.