ECONOMICS OF FOOD QUALITY SCHEME
Learning outcomes of the course unit
The purpose of this course is to provide students with the skills and tools to understand the state of the art of food quality schemes and the role they play in the relationship with the consumer, in the organization of the supply chain e the agri food systems.
Basic knowledge of microeconomics
Course contents summary
Food Quality Scheme labels are an important communication tool of food product and process characteristics aiming at reducing information asymmetry on consumer side. Such labels, however, can only serve its purpose if they are recognized, understood and trusted by consumers.
Furthermore, the implementation of such schemes has consequences at corporate, supply chain and macro level.
The information asymmetry.
Food quality schemes: classifications and state of the art.
The impact of the quality schemes of food supply the chain actors and on the agri-food systems stakeholders.
- Knowledge will be transfered through lectures and classes kept by business managers.
- Ability to apply analytical methods will be provided with group works.
- Ability of making judgment will be encouraged by group works and discussion in the class
Assessment methods and criteria
The assessment is an oral examination.
Knowledge and understanding will be assessed with an open-ended question (10 points).
The ability to apply knowledge will be assessed through a practical content question.
The independence of judgment and learning ability will be assessed by asking the student a judgment about food quality schemes related issues (10 points).
The ability to communicate with the appropriate technical language will be assessed through questions on specific technical terms (10 points).
The honors are awarded to those students who fully comply with the requirements. In addition, they have to demonstrate a systematic knowledge of the topic, an excellent ability to apply the acquired knowledge and autonomy of judgment.