AGBUS 110 - Introductory Economics of Food, Fiber, And Natural Resources

Institution:

Illinois Central College

Subject:

Description:

Prerequisite: None This course is 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 economics. Other topics include a survey of the world food situation; natural, human, and capital resources; commodity product marketing; and agricultural problems and policies. [IAI: AG 901]

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.icc.edu

Phone Number:

(309) 694-5422

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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