Studying at the University of Verona
Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.
Study Plan
The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University.
Please select your Study Plan based on your enrollment year.
1° Year
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2° Year activated in the A.Y. 2024/2025
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3° Year It will be activated in the A.Y. 2025/2026
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Legend | Type of training activity (TTA)
TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.
Wine economics (2023/2024)
Teaching code
4S001120
Teacher
Coordinator
Credits
6
Language
Italian
Scientific Disciplinary Sector (SSD)
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL
Period
Semester 2 dal Mar 4, 2024 al Jun 14, 2024.
Courses Single
Authorized
Learning objectives
The course provides the basic theoretical tools of economics tol be applied to the wine system analysis. The course aims to study the main microeconomic theories of demand analysis, production analysis, market equilibrium and market structures. The student will critically examine the main evolutions of wine production and consumption in the world and the competition approaches. The empirical part of the course aims at giving practical evidence to the principles of wine economics and to the study of wine supply chains through exercises and cases of study. The course will provide the students of the bachelor's degree in Viticultural and Oenological Science and Technology with a relevant 'economic forma mentis'.
Prerequisites and basic notions
No prior knowledge is required.
Program
Module: Theory
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Introduction to economic theory, agribusiness approach and wine economics.
The characteristics of the wine supply chains. The global wine market. Wine production and consumption. The international wine trade.
The main macro-economic indicators.
The demand theory. The demand of wine. Wine consumption. The wine market segmentation.
The production theory and the cost theory. Short-time and long-time period. The production function. The cost function of wine businesses. Returns to scale and economies of scale.
Profit maximisation.
The types of market structures. The structures of wine markets. Types of wine businesses. Competition analysis in the wine market.
Asymmetric information in the wine supply chain.
Module: Exercises
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Analysis of the main macro-economic indicators.
Representation of wine demand function, production function and cost function for a wine firm. Profit maximisation in the different market structures.
Analysis of cases of study.
Bibliography
Didactic methods
Lectures include lecturer's presentations combining theoretical insights with individual practical applications.
Lectures will be delivered exclusively in person without any type of emergency online teaching methods.
Lectures will not be provided in other online method with the only exception for students who, due to Covid, cannot attend in person at the University. A request must be formally submitted to the lecturer using the appropriate form. The teaching method relating to this specific case will be decided by the lecturer and may include sending the registration, organizing a lesson in streaming, sending additional material or organizing a meeting in person or remotely.
Learning assessment procedures
Learning assessment will be performed through an oral exam.
Evaluation criteria
The exam will consist of open questions. The exam will propose from a minimum of three questions to a maximum of six questions. They aim to verify depth and breadth of knowledge, communication skills in economics, ability in critical analyisis and ability in linking the different topics proposed during the course. There could also be a question which proposes an exercise in place of an open question. In this case, it will propose a type of exercise already studied during the lab activities. There will be no intermediate evaluation. There will be no exam outside the official exam sessions. Only students regularly online registrered for the exam can take the written exam.
Criteria for the composition of the final grade
Each answer will be assessed using a score ranging from zero to ten. The exam mark will consist of the average score achieved in all answers and it will be, expressed in a score scale of thirty.
Exam language
italiano
