Course Syllabus

COURSE SYLABUS

Master Program in AGRICULTURAL ECONOMICS


EKO509		Microeconomics		2(2-0)
Review of calculus related to microeconomics, traditional microeconomic approaches versus envelop theory, preference theory, demand theory, intertemporal aspects and demand theory, production and cost theory, market structure, resource markets and general equilibrium, imperfect competition , uncertainty and asymmetric information (asymmetric information), game theory, product differentiation, information economy, welfare.

EKO604		Macroeconomics		2(2-0)
The concepts of macroeconomic theory are needed to understand various macroeconomic events, using a model developed from the implications of equilibrium in the goods market, money market, and labor market. The discussion can be seen from the interrelated short, medium and long term, not as a collection of separate models.

EKO606		Applied Econometrics for Agricultural Economics			3(3-0)
Econometric modeling methodology and economic analysis problems: specification, estimation, and verification of models and their use. Empirical models, such as demand, supply and macroeconomic models. Causes, effects and how to overcome classic regression model deviations. Distributed-lags model, qualitative choice, and simultaneous equations.
Prerequisite: EKO501, EKO 503

ESL511		Production Economics			3(3-0)
This course discusses economic concepts and theories in the production process and resource allocation in the context of optimization / efficiency of production, especially in agriculture through the production and cost function approach. The discussion includes the concept of production, costs, the relationship between production and costs as well as optimization / production efficiency, both technical and economic.
Prasyarat: EKO509
ESL512		Agricultural Policy			3(3-0)
Individual independence and understanding and scope of government. Market failures and problems of government interference in the economy. Characteristics of agriculture in developing countries and the need for government intervention. Policy framework, objectives, constraints and policy instruments. Analyze various prices, technology, resources (land, human and capital), and institutions. After completing this course students will be able to understand and explain various agricultural policies and their roles for Indonesian agriculture.

ESL513		Agricultural Business Economics			3(3-0)
This course discusses the economic aspects of agricultural business (crops, livestock, fish), household farming organizations, commercial agricultural business organizations, agricultural business production factors (land, labor, capital), agricultural business financing, farming economic analysis, household, commercial agricultural business economic analysis, agricultural business planning.

ESL514			Agricultural Price Theory		3(3-0)
After completing this course, students can understand economic problems related to determining the price of agricultural products and the factors that influence it, as well as being able to understand and analyze the impact of government policies in determining the price of agricultural products.
Prasyarat: EKO509

ESL515			Agricultural Marketing		3(3-0)
The scope of agricultural marketing, markets and institutions, marketing prices and costs, current issues on the functional and organizational aspects of agricultural marketing, government and agricultural marketing; and analysis of agricultural commodity marketing.

ESL516			Economy of Consumption		3(3-0)
This subject discusses the theory of consumer behavior and its relevance to demand analysis, static theory of consumer preferences, separability, homogeneity and aggregation. Utility maximization, cost minimization, cost function and duality in demand theory. The property of the request function and revealed preference theory. The theory application is in the form of single demand equation and demand equation system.

ESL518			Agricultural Development		3(3-0)
The failure of agricultural development is a common phenomenon in developing countries, even though agricultural development is the key to increasing employment opportunities, eradicating poverty and increasing people's incomes. economic development theories, macroeconomic theories, international trade theories, sociological theories and institutional economic theories. Discussions will also cover issues of structural change, policy and international cooperation.

ESL519	Quantitative Methods for Agricultural Economics				3(3-0)
This subject provides the basics of theory and its application in agricultural economics. The theoretical basis used is mathematics and econometrics. The operations research approach is used as the basis for modeling: problem formulation, model formulation, data input, solutions, evaluation and model application. The analysis includes both primal and dual model solutions, sensitivity analysis, and post optimal. Several operations research models: linear and quadratic, multiple purposes, transportation, assignments and transients, networks, and integers. Econometrics emphasizes efficiency analysis: engineering and economics. Both approaches are applied to cases in the relevant agricultural economy, starting from production (linkage of inputs and outputs), costs and income, as well as transportation and distribution of products.

ESL611	Agricultural Financing				3(3-0)
This course discusses the concept of financing to understand the problem of financing in companies and the agricultural sector. Formal and informal financial institutions in rural and urban areas. Risk analysis as an inseparable part of the financial and financing sector is discussed in more detail. Fundamental theory regarding asymmetric information and agent theory in financial markets as a basis for discussing agricultural financing. Identification, analysis and alternative solutions to financial sector problems: credit rationing. The approaches and models used include Heckman and switching regression.

ESL612	Agricultural Trade					3(3-0)
This course equips students with a thorough knowledge of basic trade theories, institutional systems, intra and international trade policies, applications and their impact on agricultural commodity trade. The approach taken is structured lectures with discussion of journals related to trade in the agricultural sector.
Prasyarat: EKO509, EKO604

ESL613	Agricultural Development and Planning					3(3-0)
This course provides knowledge to students to be able to explain the meaning and scope of agricultural development in developed and developing countries with the subject of economics and its relation to agricultural resources, agricultural institutions, agricultural planning.
Prasyarat: EKO501, EKO503

ESL615	Project Cost Benefit Analysis					3(3-0)
Understanding and basic economic concepts and project investment criteria. Methods of evaluation and identification of costs and benefits based on market value and shadow prices. Competitive and comparative advantage analysis and criteria. The main attention given to the above is the practice of cost benefit analysis: time value of money, shadow pricing, consumer's and producer surpluses, valuation of goods that have no market value, externalities and public goods, network planning analysis : critical trajectory method from implementing a project.
Prasyarat: EKO501

ESL617	Research Methodology and Writing Scientific Papers					3(3-0)
This course discusses an introduction to agricultural economic research, the basis of thinking and a scientific approach. Role, types and methods of economic research. The research process and the stages / steps of the research: planning, implementing and presenting the research results. Formulation of problems, theoretical frameworks and concepts, empirical review, formulation of research objectives, and hypotheses. Research design: sampling techniques, research instruments, data collection, data processing and analysis, preparation of research reports (thesis / dissertation). Research ethics, writing scientific papers (journal articles), selection and strategies to penetrate journals. Preparation of research proposals: several structured assignments and research proposal presentations and discussions.

ESL619	Special Topic					3(3-0)
Topics of economic issues that are relevant to agricultural and development economics to provide broader insights of thought

ESL69A	Colloquium Thesis					1(0-1)
The colloquium is taken by students to present research themes that will be carried out by students.
ESL69B	Thesis proposal					2(0-2)
In this course, students compile a final project proposal under the direction of the supervisory commission

PPS691	Thesis Seminar					1(0-1)
Seminar is the presentation of the results of thesis research in a scientific forum for the Postgraduate School to disseminate research results, both in writing and orally, to absorb input from forums to improve the thesis, add scientific insight, and improve scientific communication competence. Provide a way of writing various scientific papers includes writing project proposals and reports, including how to submit and present data, making slides and transparencies, and using computers with a Liquid Crystal Display (LCD) Viewer

PPS692	National Scientific Publications					2(0-2)
Masters Program students are required to publish one article of their research results in an accredited national scientific journal. Publication in accredited national journals is a requirement before students conduct a thesis examination.

ESL69C	Final Thesis Examination					2(0-2)
Students are tested for their ability to maintain research results / thesis and mastery of basic sciences related to the final project

ESL69D	Thesis					6(0-6)
Every student of the Masters program is required to produce a thesis at the end of the study period. A thesis is a scientific work resulting from his research during the study of the master program, which is arranged according to scientific principles and according to the standard thesis format in the Guidelines for the Presentation of Scientific Work. The thesis was approved by the supervisory commission, the Head of the Study Program and the Dean of the IPB Postgraduate School