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AGEC 105 - INTRO TO AG ECONOMICS

Agricultural Economics
AGEC 105 - INTRO TO AG ECONOMICS
Learning Objectives:

- Identification of the factors affecting the demand and supply of food and fiber products and how market clearing prices and quantities are established under perfect and imperfect competition.



 

- The importance of the concept of elasticity. This includes the calculation and interpretation of demand and supply related elasticizes.



 

- Understanding macroeconomic activity in the aggregate product market and the consequences of business fluctuations; inflation and unemployment. Calculation of consumer price index and measurement of inflation rate.



 

- Understanding the function and application of macroeconomic policy, including the impact on interest rates, inflation, unemployment, growth of gross domestic product, and foreign exchange rates and their effect on agriculture.



 
Stock number:105-2018A Price:$525.00

Agricultural Economics

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There are occasions when an Extended Learning student finds that it is necessary to discontinue participation in a course. Refunds will be issued based on the following schedule: *10% is retained to cover processing costs and course enrollment fees.