Course Description

This course introduces the students to industrial organization theory, traditional and modern. The issues of structure and strategy in the modern business enterprise, and the economic implications thereof.

Learning Outcomes

 At the end of the course students should be equipped with

•  The necessary theoretical sophistication to enable them to gain a great deal of insight into firm.
  
• Understand public policy issues such as antitrust, regulation and deregulation. 
  
• Students should have an appreciation of the importance of case in empirical work and studies in expanding their knowledge of the field.

Course Content

• The Modern Corporation – Organization and Governance
  
• Industrial Organization – Key Issues & The Traditional Theory
  
• Industrial Organization –  Firm Conduct and The Interaction Of Firm
  
• Business Strategy and The Dynamics of Industrial Organization
  
• The Economics of Organization
  
• Mergers, Acquisitions and Interoperate Linkages
  
• Public Policy and Regulatory Issues – An Introduction
  

 Compulsory Reading Materials

• Don Waldman and Elizabeth Jensen, Industrial Organization 3rd ed., Chapters 4­5;  pp.379­384; Chapters: 15­17;
  
• Orit Gadiesh & James Gilbert, “Profit Pools:  A Fresh Look at  Strategy” Harvard  Business Review. May­June 1998
  
• Trevor Farrell “How Market Leaders lose their positions – Seven Lessons of Experience” mimeo, 2002

Optional Reading Materials

• Glenn Ellison and Sara Fisher Ellison, “Lessons about markets from the Internet” The Journal of Economic Perspectives, Spring 2005
  

Course Description

This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.

 Learning Outcomes

• Explain the determinants of labour demand in the short run and in the long run.
  
• Use individual and household labour supply models to explain the supply side of the labour market.
  
• Understand and apply the productivity and signaling models of human capital theory.
  
• Explain the presence of group differences in labour market outcomes and understand different ways of empirically measuring discrimination.
  
• Understand the determinants of geographic mobility and the effects of immigration on local labour markets.
  
• Synthesize information on different actors and outcomes across the various labour market topics. Critically evaluate academic research and studies dealing with labour economics.
  

 Course Content

• Introduction: facts about employment and earnings; the supply and demand framework
  
• Labor Supply
• Home production and the decision to work; the economics of the family
• The demand for labor, minimum wages, monopsony
• Human capital, education, and training
• The wage structure
• Discrimination
• Unions and bargaining

Compulsory Reading Materials

• Boeri, Tito and Jan van Ours, The Economics of Imperfect Labor Markets. 1st edition (2008), Princeton: Princeton University Press.
  
•  Borjas, George J. Labor Economics. 4th ed. Boston, MA: McGraw-Hill/Irwin, 2008. ISBN: 97800734028
• Optional Reading Materials
• Ehrenberg, Ronald G., and Robert S. Smith, Modern Labor Economics – Theory and Public Policy. 11th edition (2012), Boston: Pearson/Addison Wesley.

Course Description

This course aim is to familiarize students with a broad range of the methods and models applied by economists in the analysis of firms and industries. A broader goal is that students who take the course will, by working extensively with theoretical models, acquire analytical skills that are transferable to other kinds of intellectual problems.

Course Content

• Principles of Agricultural Economics
  
• Introduction to Marketing and Prices 
  
• Introduction to Farm Management and Production Economics
  
• Agricultural Resources Use and Project Evaluation 
  
• Agricultural and National Development
  
• Farm Management, Farm Records and Farm Account
  
• Agribusiness Management
  
• Agricultural Production Economics
  
• Agricultural Project Appraisal, Management and Evaluation 
  
• Agricultural Law and Policies
  
• Resource and environmental challenges facing agriculture

Learning Outcomes

• To produce academically competent and professionally efficient graduates who are able to manage and direct the nation’s agricultural economy.
  
• To provide courses needed for accelerated and improved communication of Agricultural knowledge, skills and values to the majority of farmers and home makers.
  
• To conduct research into the recurring problems and needs of the Nigerian agricultural society in order to find short, medium and long-terms solutions.

Compulsory Reading Materials,

• R.G. & R.A. King. 1970. Markets, Prices, and Interregional Trade. John Wiley & Sons, Inc., New York NY.
  
• Dorfman, J.H. 2014. Economics and Management of the Food Industry. Routledge, New York NY.
  

Optional Reading Materials

• Norwood, F.B. & J.L. Lusk. 2008. Agricultural Marketing and Price Analysis. Pearson Prentice Hall, Upper Saddle River NJ.
  
• Rodrik, D. 2015. Economics Rules: The Rights and Wrongs of the Dismal Science. W.W. Norton & Company, New York NY.
  
• Tomek, W.G. & K.L. Robinson. 1972. Agricultural Product Prices. Cornell University Press, Ithaca NY.
  
• Vercammen, J. 2011. Agricultural Marketing: Structural Models for Price Analysis. Routledge, New York NY.