AGRB 2080 - Quant Agribusiness Analysis I

Institution:

Clemson University

Subject:

Agribusiness

Description:

Integrates business calculus, introductory microeconomic theory, and introductory statistics to develop agribusiness decision tools. Unconstrained profit maximization, production maximization and cost minimization problems are solved using calculus for one and two variable input problems. The use of cumulative probability functions for agricultural commodity prices and yields are introduced as risk management tools. Emphasis is placed on using introductory differential calculus techniques in combination with foundational statistical concepts and economic theory to guide practical real-world agribusiness decisions. Preq: AGRB 2020 with a grade of C or higher or ECON 2110 with a grade of C or higher; and MATH 1020 with a grade of C or higher and STAT 2300 with a grade of C or higher.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.clemson.edu

Phone Number:

(864) 656-4636

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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