International Agricultural Trade & Marketing (FREC 810)

Dr. Titus Awokuse







  FREC 406

 FREC 410

 FREC 810


   Notes & Assignments

   Weekly Schedule

   FREC/STAT 608

Useful Links







Instructor                                                                             Fall 2013
Dr. Titus Awokuse                                                                 University of Delaware
213 Townsend Hall                                                                Food and Resource Economics           
Phone: 831-1323                                                                    Location: TNS 132   
E-mail:                                                          Time: 
MW 3:35 - 4:50 PM

Course Website:


Office Hours:   Monday & Wednesdays 2:30 - 3:30 PM (and by appointment)


This course introduces students to the global economy and emphasizes the significance and implications of government policies for trade in various commodities.  Specifically, students will learn about various trade theories and develop an intuitive understanding of the theoretical foundations of the economics of international agricultural trade.  Furthermore, the course would familiarize students with current issues and empirical methods used in the analysis of trade policies. Weekly course meeting time will be divided between traditional lectures and use of Problem-based Learning (PBL) techniques. This will involve group-based activities such as problem solving, discussions, and in-class presentations.  Each student is encouraged to come to class prepared to discuss previously assigned readings, problems and issues. 


         To develop an intuitive understanding of the theoretical foundations of the economics of trade.

         To introduce students to the role of government and institutions in setting agricultural trade policy.

        To familiarize students with current research trade issues and empirical modeling approaches.

 Course Prerequisites: 

         Intermediate microeconomics and/or macroeconomics.

         Familiarity with differential calculus.

         Please inform me if you do not have a background in microeconomics. 


My lectures will not be limited to a particular book. However, many lectures during the first part of the course will be based on recommended textbooks. Also, published journal articles from agricultural economics and economics literature which will be assigned in class at appropriate times.

 Recommended (supplementary) references are:

         Feenstra, R.C. (2003). Advanced International Trade: Theory and Evidence. Princeton Univ. Press.

         Appleyard, D., and Field, A., and S. Cobb (2008). International Economics, 6th edition, McGraw-Hill, Irwin (AFC)

      Bowen, H.P, Hollander, A., and Vianne, J-M (2001). Applied International Trade Analysis. Ann Arbor: University of Michigan Press. (BHV)

         Assigned journal articles on various topics


Grading Procedures and Organizational Policies

Class Attendance:

Attendance will not be taken but students are expected to attend all class sessions. If you have to miss a class, you are still responsible for course material covered during the missed class period.  It is the student's responsibility to keep up with changes in the course syllabus announced by the instructor.

Reading Assignments and Discussion Sessions: Reading assignments are listed in the course outline.  The expectation is that students will make every effort to complete the assigned readings prior to the class session for which they are assigned. Students who feel that they need additional background in microeconomics and/or trade theory may wish to do some supplementary readings. See the instructor for suggested sources.  Students’ active participation through questions and comments during class sessions is highly encouraged.

Homework Assignments: There will be problem sets and research assignments to be completed and turned in on the specified dates.  Written assignments will be due at the beginning of class on the specified dates. Late assignments will be penalized a letter grade unless a valid written excuse is provided.  

Exams: Three tests will be administered during the term.  The exams may include essay questions and problems.  No make-up exams will be scheduled except under serious extenuating circumstances and only with the instructor’s prior approval.  

Academic Dishonesty Policy: Students are encouraged to work together in solving homework assignments.  However, copying from another student’s answers is not permitted.   Each student is responsible for reading and abiding by the rules as outlined in the University of Delaware student handbook:

Tests & Grading Procedures: Overall course grade will be based on three exams, and other assignments as given by the instructor. The following weights and scale will be used for the overall grade.

           A          A-          B+      B         B-       C+       C         C-        D+        D        D-           F                                93-100    89-92      86-88     83-85     79-82     76-78     73-75     69-72     61-68     56-60     51-55     0-50





Three Tests/Exams 



HW Assignments (Articles review, Problems Sets, etc.)



In-Class Presentations / Discussions



Term Project/Paper







Exam Dates (subject to change): 

1st Test:  Wed., Oct. 2, 2013      2nd Test:  Wed., Oct. 30, 2013     3rd Test:  Wed.  Dec. 4, 2013                         Term Paper:  Friday., Dec. 6, 2013




Last updated: Sept. 2013.