Masters Science Agribusiness
EES 814: Statistics for Agriculture
Review of distribution theory and applications. Descriptive statistics: principles and
probability. Parametric statistics methods. Survey sampling in agriculture: random numbers,
sampling methods, sample size, qualitative vs quantitative methods. Non-parametric methods:
Wilcoxon sign and rank tests, Kruskall-wallis tests, Spearman rank correlation, Chi-square,
runs tests, sign test. Correlation and simple regression analysis; Analysis of variance; Decision
analysis in agriculture
KCU 801: Research Methods and Scientific Writing
Types: social and scientific, observation, experimental and survey. Main steps of research
projects; identification of research problems, formulation of research questions, hypotheses,
and objectives, planning, literature review. Sampling strategies. Sampling designs. Methods of
data collection. Data cleaning and management. Data analysis. Data interpretation. Report
writing: Writing technical reports, styles of writing and referencing. Dissemination:
publication, seminars, information packaging. Research ethics. IPR
KBT 800: Microeconomics for Agriculture
Concepts of consumer behaviour: consumer preference, types of utility, demand functions,
Elasticity of demand, utility maximization: comparative statistics, Langrangian technique,
consumer’s problem, individual consumer and market demand: cross-price demand function,
Homogeneity property of demand functions. Elasticity of demand, functions; income and
substitution effects, revealed preference and theory of the firm, problem of choice, multiperiod
consumption, efficiency, gains from exchange, short and long run market analysis.
KBT 801: Macroeconomics for Agriculture
Macro-economic issues, national income accounting, themes of macro-economic theory
framework for macroeconomic analysis, classical and Keynesian approaches, aggregate
demand and supply, theory of income determination, the IS-LM model, market equilibrium,
theory of consumption expenditure, macroeconomic modeling, theory of investment demand,
theory of money in the macroeconomy, supply of money, the government sector in the
macroeconomy. The foreign sector, balance of payments, theory of growth and the principles
of macroeconomic policy.
KBT 802: Agricultural and Food Marketing
Review of Agricultural and food production and Food security in the region; the marketing
concept and marketing systems applied to agriculture. Links between agriculture and food
industry; Marketing channels and costs for agricultural and food products. Marketing Research
and Information Systems; consumer and organisational buyer behavior; Spatial and Intertemporal Market Linkages; Horizontal and Vertical Integration; analysis of international
agricultural and food products markets, strategic options for entering foreign markets, and
marketing mix decisions; strategic international marketing plan. Strategic and operational
aspects of supply chain management.
KBT 803: Strategic Agribusiness Management
Review of Agribusiness Management; dynamics of the Agribusiness Environment; Starting
and Financing Agribusiness Enterprise; Strategic Management in Agribusiness; Corporate
governance; Internal and external environmental analysis of agribusiness strategy; Competitor
Analysis; Strategy formulation: goals and generic strategies; Aligning strategy with industry
life cycle; Strategic analysis and choice in Agribusiness; Strategy implementation and change
management; The drivers and instruments of strategy implementation in Agribusiness
KBT 804: Agribusiness Supply Chain Management
Introduction, Supply chain and supply chain management; Value-Addition in Agro-Supply
Chains; Performance of Agro-Chains; Network Design in the Agro-chain; Control and
Coordination of Agro-chains; Support Services in Agro-chains; Review of Risk Mitigation
Strategies in Agro-chains; Emerging Issues in Modern Agribusiness Supply chain
Management; Case Studies in Agribusiness Supply Chain Management.
KBT 805: Applied management for agribusiness
A review of farm management concepts and principles; the manager’s environment (PESTEL);
The nature of farmers’ goals and objectives. The concept and principles of planning; Budgeting
techniques: profit and loss budget, partial budget, cash flow budget, balance sheet.
Optimisation techniques in management: Linear Programming. Systems approach to Decision
Making: The decision-making process; The nature of agricultural decision-making - Principles
and Practices of Agricultural enterprise control: Evaluation of agribusiness performance:
Comparative and balance sheet analysis; farm business survey. Budgetary control; Human
Resource Management
KBT806: Institutional and Behavioural Economics
The Agricultural Development Challenge: Stylised Features; New Institutional Economics:
Distinctive Features and Concepts; Institutions and Development: A Historical and Macro
Perspective; Techno-Economic Characteristics and Agricultural Systems (Products?) in Poor
Countries; NIE Analysis of Markets and Market Structure; The State; Collective Action;
Transaction Costs in Smallholder Agriculture; Case Studies.
KBT 807: Consumer Demand Analysis
Review of Neoclassical Demand/Consumer Theory; Duality and Applications; Price
Dependent Demand Systems; Gap between Theory and Practice; modelling structural change
in food demand.
KBT 808: Advanced Agricultural Project Management
Introduction to the Course; The Project Concept; The Logical Framework Approach to Project
Planning; Agricultural Research Planning; Strategic Planning; Economic Analysis of
Agricultural Development Projects through CBA; Welfare Economics/Political Economy of
Project Analysis and Appraisal; Monitoring, evaluation and Impacts Assessment; Project
Scheduling Techniques; project Management.
KBT 809: Foundations of Agricultural and Rural Development
Review of Principles of Growth and Development; Problems and Policies in Agribusiness and
Rural Development Issues Options and Challenges; The Role of Agribusiness in Rural and
Economic Development; The Economic Nature of Traditional Agriculture; Strategies for
Modernizing Agriculture (Lessons from Experience); Poverty Dynamics, Food and the
Environmental Nexus.
KBT 810: Agricultural Finance and Risk Management
Financial management; returns & risks from investing; security analysis, valuation &
management; Turnaround strategies; Asset allocation & portfolio management; Microfinance,
financing agribusiness ventures, Financial Intermediation; Constraints of lending to Microenterprises; Introduction to risk; uncertainty and consequences of risky prospect; Application
of subjective probabilities and calculating posterior probabilities; utility and integrating
decision maker’s environment, efficiency measures and simulation; elementary dynamic
decision model;; awareness, mitigation and management of risk
KBT 812: Agricultural and food Policy Analysis
Introduction to Agriculture & Agri-Food Policy; Economic Tools Essential for Agri-Food
Policy Analysis; Government Intervention in Agriculture; Stabilization and Insurance
Programs; Marketing and Market Regulation; Food Safety and Other Food Regulations;
Supply Management and Other Production Controls; Environmental Regulation; Trade Policy
KBT 813: International Agricultural Trade
The Theoretical Concepts Underlying International Trade; An overview of world trends in
agricultural trade; Trade Policy; Welfare Analysis of Trade Policies; Policy Analysis Matrix
(PAM); Regional Integration; Institutions and Trade Policies; Emerging Issues in Food and
Agricultural Trade;
KBT 823: Agribusiness Enterprise Development
Territorial Approach for Rural agro-enterprise Development; Theory of Agro-Enterprise
Development; Livelihoods; Organizations, institutions and the implications for rural agroenterprise development; Innovation processes; goals and philosophy for community
engagement; agro-enterprise approach; capacity building; scaling up; client types and
infrastructure; Entry and exit; Territorial Diagnosis for Rural Agro-enterprise Development;
Analyzing available resources; Planning for Action; assessing Potential for rural enterprise
development ; Monitoring, Evaluation, and Learning
KBT 824: Quantitative Methods in Agribusiness management
Linear algebra and calculus: Sets and set theory, matrix algebra, distributions, application of
matrix algebra to input-output analysis and elementary markovian process. Application of
calculus to economic models. Probability: permutation and combinations, discrete probability
distribution functions, sampling and estimation. Time series analysis and linear programming.
Decision theory: Risk and uncertainty, valuation criteria, decision tree, game theory. Activity
sequencing and Gantt charts.
KBT 850: Thesis