AGT 160 - Introduction to Agricultural Economics (4)

Prerequisite: None
IAI: AG 901
spring

Lecture: Four hours of lecture/discussion per week.

This is an introductory economics course designed to provide students with a background in both micro and macro economics. It is concerned with the practical applications of economics regarding the allocation of scarce resources to achieve the maximum satisfaction of unlimited wants. It is designed to introduce students to the concepts of price theories, the behavior of individuals and firms under varying market conditions, the behavior of consumers, national income theories, economic fluctuations and growth, money and banking, and international economics. 75% of this course is devoted to microeconomic theory and topics, and 25% devoted to macroeconomic theory and topics.

Note: This course is not offered this catalog year.