AEP-32806 Life Science Economics and Policies

Course

Credits 6.00

Teaching methodContact hours
Individual Paper1
Lecture24
Practical24
Excursion (multiple days)14
Independent study0
Course coordinator(s)MB Degnet
prof. dr. JHH Wesseler
Lecturer(s)MB Degnet
prof. dr. JHH Wesseler
Examiner(s)prof. dr. JHH Wesseler

Language of instruction:

English.

Assumed knowledge on:

AEP-21306 Econometrics, AEP-20306 Economics of Agribusiness or UEC-21806 Microeconomics

Contents:

Life Science Economics and Policies will be discussed in this course. This includes the whole value chain from R&D, over application, processing, retailing and final demand and how the value chain and the rents and their distribution along the chain are affected by policies. Examples such as the benefits and costs of developing, cultivating, and marketing genetically modified organisms (GMOs) will be discussed.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- recall and explain the economic issues and policies affecting the life science sector at EU and international level;
- apply economic methods to assess benefits and costs of policies affecting the life science sector;
- analyse and evaluate the economics and policies of new products in the life sciences;
- create ex-ante economic assessments of new products in the life sciences.

Activities:

Lectures, practicals, individual paper, independent study, excursion.

Examination:

Written exam 60%, course paper (case study) 25%, practicals 15%.

Literature:

Literature will be made available during class and include journal articles and book chapters.

ProgrammePhaseSpecializationPeriod
Restricted Optional for: MBSBiobased SciencesMScC: Biobased and Circular Economy2MO