AGR1503 — Agricultural Economics
AGR 1503 - Agricultural Economics AGR 1503 - Agricultural Economics 3 Cr. Hr(s). Introductory course on the basic principles of agricultural economics. Principles of supply and demand, resource economics, production optimization, price elasticity, market price determination, competitive versus noncompetitive market models, and agricultural public policy. These principles are applied to agriculture and the role of agriculture in the United States and world economies.