Curtis M. Jolly

Professor and Chair

Agricultural Economics

AGEC 4300
Agricultural Trade and Policy
3 Credit Hours

Class Sylabus

Dr. Curtis Jolly Dr. James L. Novak
Room Comer 212 Room: Comer 304  
Phone: 844-5613 Phone: 844-3512  

    Class Date   Subject
         
    January 13   Course Content, Class Conduct, and
    Section 1: Introduction to Agricultural Policy
    Assignment: Read Chapter 1. Knutson, Penn, and Flinchbaugh, Agricultural and Food Policy, 5th Edition.
         
    January 15   Section 1: Introduction to Policy Continued.
    Section 2: The Policy Process
    Assignment: Read Chapter 2 Knutson et al.
         
    January 20   Section 3: Review of Market and Firm Equilibrium, Supply, Demand, Trade.
         
    January 22   Section 4: The Nature of Policy.
    Assignment: Read Chapter 3 Knutson, et. al.
         
    January 27   Section 5: How Policy is Made.
         
    January 29   Section 5: How Policy is Made.
    Optional extra credit assignment: Look up and list Alabama House of Representatives and Senate Members and their Committee Assignments.
         
    February 3   1stExam
         
    February 5   12:30-1:00 Section 6: U.S. Farm Policy.
    Assignment: Read Chapter 7, Knutson et al.
    1:00-1:45 Guest Speaker - Tripp Skipper, Legislative Aide for Congressman Mike Rogers.
         
    February 10   12:30-1:00 Section 6 U.S. Farm Policy.
    1:00-1:45 Guest Speaker W. Fred Woods, CSREES/USDA retired.
         
    February 12   Section 6: U.S. Farm Policy.
         
    February 17   Section 6: U.S. Farm Policy - Continued.
         
    February 19   Section 7: Living with Limited Resources.
    Assignment: Read Knutson, Chapter 8.
         
    February 24   Section 7 Environmental Policy
    Assignment: Read Knutson, Chapter 9.
         
    February 26   Section 8: Food Safety and Security Policy.
    Assignment: Read Knutson, Chapter 10.
         
    March 3   Mid-term Exam
         
    March 4   Guest Lecturer: Dr. Patricia Duffy. Food Assistance and Nutrition Policy.
    Assignment: Read Knutson, Chapter 11.
         
    March 9   1st Debate - Be it resolved that "the U.S. government has favored producers over consumers against dangers of mad cow disease."
         
    March 11   Introduction to World Trade (International Supply and Demand)
    Read Houck - Pages 29 to 37.
    Read -Henry Thompson -Pages 1 through 26.
         
    March 16   Why countries Trade - Importance of trade to U.S. Economy.
    Read - James P. Houck- pages 1 through 7.
         
    March 18   Agriculture and U.S. trade Advantage -The theory of Comparative Advantage.
    Read- Thompson - Pages 26 through 34.
    Read- James P. Houck - Pages 7 through 15.
         
    March 23   Specialization and Gains from Trade.
    Read - Houck - Pages 7 through 15.
         
    March 25   Introduction to Trade Barriers.
    Read Houck - Pages 20 through 38.
         
    March 30   Spring Break
         
    April 1   Spring Break
         
    April 6   Protectionism -Why Protect U.S. Agriculture?
    Read Houck - Pages 7 through 15.
         
    April 8   3rd Exam
         
    April 13   Quotas and other Non -Tariff Barriers.
    Read - Houck - pages 45 through 59.
    Read Thompson - Pages 109 to 130.
    Class Papers Due
         
    April 15   Producer and consumer subsidies.
    Read Houck - Pages 76 to 93.
         
    April 20   Second Debate-Be it resolved that "trade barriers increase poverty among poorer nation states."
         
    April 22   Export and Food Aid Assistance.
    Read Houck - Pages 97 through 110.
         
    April 27   Field Trip
         
    April 29   WTO-NAFTA
    Field Trip report due.
    Read Class Hand outs.
         
    May 4-5   Reading Days
         
    May 10   Final Exam Period - 5:00 p.m. to 7:00 p.m.
         
    May 14   Graduation

    Required Text Books:

  1. Knutson, Penn, and Flinchbaugh, Agricultural and Food Policy, 5th Edition.
  2. James P. Houck, Elements of Agricultural Trade Polices.
    Reference Text:

  1. Thompson, H., International Economics: A Microeconomic Approach (1992). (Can be borrowed for 4 hours at the desk at the first floor of the library)


Department of Agricultural Economics and Rural Sociology, 202 Comer Hall, Auburn University, AL, 36849-5406

Phone(Mon-Fri): 334-844-4800       Fax: 334-844-5639      E-mail: pouncss@auburn.edu