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Sauk Makes it Possible, You Make it Happen.
    Sauk Valley Community College
   
 
  Nov 25, 2017
 
 
    
2017/2018
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AGR 102 - Introduction to Agricultural Economics


An introduction to the principles of economics including production principles; production costs, supply and revenue; profit maximization; consumption and demand; price elasticity; market price determination; and competitive versus noncompetitive market models. These principles are applied to agriculture and the role of agriculture in the United States and world economies. Other topics include a survey of the world food situation; natural, human and capital resources; commodity product marketing; and agricultural problems and policies.

4 Semester hour(s)
Lecture/Lab Hours
4 lec/week



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