Introduces the field of food and resource economics, the principles of economics as applied to agriculture, and the economic problems of the agricultural industry and the individual farmer.
…which means: AEB3103 is a comprehensive microeconomics course. The course is designed to give Food and Resource Economics students a strong foundation in economic theory. The concepts covered are building blocks for more advanced courses within the Food and Resource Economics major.
Introduces computer application with specific emphasis on applications used in agricultural businesses. Specific applications include spreadsheets, databases, and DOS.
Develops understanding of finite mathematical tools used in economics and business decision making. Topics include linear equations, matrix algebra and calculus. Lectures and problems show how these tools are used to examine economic, financial and managerial problems.