Subject: Agricultural and Resource Econ
Credit units: 3
Offered: Term 2 only
Weekly hours: 3 Lecture hours
College: Agriculture and Bioresources
Department: Agricultural and Resource Econ

In this second-year course, students will begin to apply economic theory to anticipate and address the unique and often challenging situations that agribusiness firms often face in agriculture and food markets. The applied economic models will incorporate economic theory related to welfare economics, price analysis, futures markets, asymmetric information, optimal input use, cost-benefit analysis, and environmental economics. Students will learn how to apply these economic models through their application in numerous assignments.

Prerequisite(s): ECON 111 and AGRC 113 or permission of the instructor.
Note: Students with credit for BPBE 272 cannot take this course for credit.

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