RDEV10030 Introduction to Agricultural Economics and Business

Academic Year 2022/2023

This module is designed to provide stage 1 undergraduate students with an overview of the role, structure and operation of the agri-food sector in Ireland within the context of the wider economy and society. While the primary focus of the module will be on the structure and operation of the sector itself, it will also be necessary to provide an overview of the national economy and rural economy in Ireland and the key policy making bodies in the European Union, in order to set the context in which the agri-food sector in Ireland operates. No prior knowledge of economics is expected or assumed.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module students should be able to:Specify the different roles and functions of the key economic institutions in Ireland and the EU;Identify the most important factors in the development of an economy and the operation of the inter-linkages between them;Identify the principal components of the agri-food sector in Ireland and how they interact with each other;Explain the role and importance of the agri-food sector in Ireland;Use basic tools of economic analysis to show how markets for goods and services in the agri-food sector operate.

Indicative Module Content:

Overview of the Agri-Food Sector in Ireland
The basic tools of economic analysis applied to the sector
Market structures in the agri-food sector
Overview of the national economy
Issues of economic development
The policy environment

Student Effort Hours: 
Student Effort Type Hours


Small Group


Autonomous Student Learning




Approaches to Teaching and Learning:
The module employs a mix of strategies - online lectures, online group exercises, online tutorial exercises, private study. 
Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles
Agr Economics & Business (AERD10010)

Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Class Test: Online MCQ Week 8 n/a Graded No


Class Test: Online MCQ Week 5 n/a Graded No


Class Test: Short Questions and MCQ Week 11 n/a Graded No


Carry forward of passed components
Resit In Terminal Exam
Spring No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment
• Online automated feedback

How will my Feedback be Delivered?

There are two in-semester continuous assessment exercises which take place in Week 5 and Week 8 of the module. For both of these, online automated feedback will be provided. For the end of semester assignment in Week 11, feedback to the individual student will be provided, post assessment