Economics in Agriculture - 3
Microeconomic principles of resource allocation, production, cost analysis, and market price equilibrium with application to farms and agribusiness firms; supply and demand and elasticities of supply and demand in commodity pricing under perfect and imperfect competition; survey of agricultural marketing, policies and international economics. Recommended: Reading Level 5 or 6. Hours: 54 lect. CCS: Occupational Education. Not Transferable: Associate Degree only.