ABM 3203 AGRIBUSINESS ENVIRONMENT AND POLICY 2. INSTRUCTOR: Dr. Fredrick Bagamba (BSc Agric, MUK, Uganda; MSc Agric (Agricultural Economic), MUK, Uganda; PhD, Development Economics, Wageningen UR, The Netherlands) (Lecturer). 3. COURSE TYPE: CORE for B. Agribusiness Management III 4. COURSE STRUCTURE 3 Credit units: 30 lecture hours (2 contact hours per week for 15 study weeks) and 30 tutorial hours (1 contact hour per week for 15 study weeks) 5. COURSE DESCRIPTION: Overview of Agribusiness environment and policy; Agribusiness internal environment – business organization, management and structural changes; Agribusiness external environment – political / government (legislature, executive and judiciary), political system, pressure groups, legal environment, socio – cultural environment, technological environment, effect of population growth and composition on agribusiness firms; Agribusiness immediate environment – suppliers, competitors, customers, labour markets, financial institutions; Agribusiness policy and regulations from company stand point – ethics and corporate social responsibility, gender considerations and environmental concerns; policy making structure; Agribusiness policy analysis; Agribusiness policy and regulations from government stand point– role of infrastructure, flow of information, employment and consumer laws, macroeconomic policy (fiscal, monetary, trade), redistribution policies, privatization, nationalization; government policy making structure; the international agribusiness environment – Globalization, commodity agreements, role of WTO and IMF, economic integration (EAC, COMESA, EEC etc) 6. COURSE OBJECTIVES: To give students tools to use to analyse government policy interventions To enable students to appreciate the range of possible government agribusiness sector interventions To enable students to understand company policy / strategy development, analysis and implementation 7. RECOMMENDED REFERENCES FOR READING Ellis Frank (1992): Agricultural Policies in Developing Countries, CambridgeUniversity Press Colman, D. and Young T. (1989): Principles of Agricultural Economics, CambridgeUniversity Press, Pg 284 Krugman P. R. and Obstfeld M. (2003): International Economics, Theory and Policy, Sixth Edition, Addison – Wesley, Pg 186 – 202 Jauch L. R. and Glueck W. F. (1988): Business Policy and Strategic Management, Fifth Edition, McGraw – Hill International Editions Students are encouraged to use the internet to obtain more reading material on Agribusiness policy 8. COURSE CONTENT, METHODS OF INSTRUCTION AND TOOLS AND REQUIRED TOPIC CONTENT METHOD OF TOOLS/ INSTRUCTION / Time NEEDED Introduction Policy Analysis Policy Analysis Agribusiness Policy Agribusiness Policy Definition of Policy, Market, Government, State Role of the State in Economic Development Definition of Policy Analysis The Linear Policy Model How to Determine the Impact of Policy Instruments Partial Equilibrium Analysis allocated Lecture (2 hrs) Tutorial (2 hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts Chalk / BB or Markers / Flip charts Review of partial equilibrium analysis and other methods used to determine impact of policy instruments Tutorial (2 hrs) Chalk / BB or Markers / Flip charts Lecture (2 hrs) Chalk / BB or Markers / Flip charts Tutorial (2 hrs) Lecture (1 hr) Handouts Chalk / BB or Markers / Flip charts Test 1 (1hr) Paper Examples of how Partial Equilibrium Analysis can be used to determine the impact of selected policy instruments on social welfare Use of partial equilibrium analysis to determine impact of other policies Overview of Agribusiness environment & policy Challenges facing agribusiness sector in Uganda Group presentations(2 LCD Projector hrs) Types of agribusiness policies (price policy, marketing policy, credit policy, research policy, macroeconomic policy (fiscal, monetary, trade), employment & consumer laws etc) Lecture (2 hrs) Chalk / BB or Markers / Flip charts PMA Agribusiness Policy Types of agribusiness policies (price policy, marketing policy, credit policy, research policy, macroeconomic policy (fiscal, monetary, trade), employment & consumer Group presentations(2 LCD Projector hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts laws etc) Marketing & agro processing strategy Microfinance outreach plan Agribusiness Policy Types of agribusiness policies (price policy, marketing policy, credit policy, research policy, macroeconomic policy (fiscal, monetary, trade), employment & consumer laws etc) National agricultural research policy National agricultural advisory services Women and Agricultural Policies Reasons why gender should be considered when formulating and implementing agricultural policies Determinants of policy impacts on women Discussion of negative impacts that policies/programs have had on women in Uganda Business Policy / Strategy Definition and Importance of Business Policy / Strategy Group presentations(2 LCD Projector hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts Group presentations(2 LCD Projector hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts Tutorial (2 hrs) Lecture (1 hr) Test 2 (1 hr) Business Policy / Strategy Business internal environment (business organization, management and structural changes) Review and discussion of types of business organizational structures and structural changes, giving practical examples Business Policy / Strategy Business external environment (political environment, legal environment, technological environment, socio-cultural environment etc) Review & discussion of types of business Tutorial (2 hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts Chalk / BB or Markers / Flip charts Paper Chalk / BB or Markers / Flip charts Tutorial (2 hrs) Chalk / BB or Markers / Flip charts Lecture (2 hrs) Chalk / BB or Markers / Flip charts Business Policy / Strategy external environment & their impacts on businesses, giving practical examples Tutorial (2 hrs) Chalk / BB or Markers / Flip charts Corporate social responsibilities and responses to them Lecture (2 hrs) Chalk / BB or Markers / Flip charts Discussion of types of company social responses, giving practical examples Tutorial (2 hrs) Chalk / BB or Markers / Flip charts Lecture (2 hrs) Chalk / BB or Markers / Flip charts Business Policy / Strategy Business Policy / Strategy Company policy making structure Company policy making process Company policy making process policy implementation process Tutorial (2 hrs) Lecture (2 hrs) Chalk / BB or Markers / Flip charts Review of company policy making process The international agribusiness environment Globalization Commodity agreements Economic integration Tutorial (2 hrs) Chalk / BB or Markers / Flip charts Lecture (2 hrs) Chalk / BB or Markers / Flip charts Test 3 (1 hr) Paper Tutorial (1 hr) 16-17 Revision Time Final Examination 9. SUMMARY OF TIME NEEDED Lectures Tutorials Group presentations Tests 28 hrs 21 hrs 8 hrs 3 hrs 10. COURSE ASSESSMENT: Continuous assessment There will be 3 tests (Tests): Continuous assessment Students will present on the topics mentioned in the description of (Group presentations): course content above, in groups and will be awarded marks based 30% 10% University Examination: on the presentations Final examination during week 16-17 of the semester 60%