AGEC 110H3 — Honors Principles of Agricultural Microeconomics
Introduction to agricultural economics, including a survey of the role and characteristics of agriculture businesses in our economic system. Basic economic concepts concerning price determination, profit maximization, and resource use are emphasized. The use of economic principles as applied to the production and marketing decisions made by managers of agricultural firms is demonstrated. Credit will be allowed for only one of AGEC 11003 or ECON 22003 or ECON 220H3 . Pre- or Corequisite: MATH 11003 . (Typically offered: Fall and Spring)