NWCCD 2018-19 Catalog 
  
    Aug 19, 2018  
NWCCD 2018-19 Catalog
[Add to Portfolio]

AGEC 1010 - Introduction to Ag Economics


This course is for students wishing to enter either production agriculture or agribusiness. It is designed to give the student a working knowledge of both the terminology and concepts in the field of agricultural economics. This course is required for Agricultural Business majors.

Credits: 3

Instructional Method Lecture

General Education Requirement: Social and Behavioral Sciences
Comments: This course meets UW’s Human Culture Requirement.

Minimum Student Competencies
Upon completion of AGEC 1010 Introduction to Ag. Economics the student will:

  1. Characterize the law of supply and demand
  2. Explain opportunity costs
  3. Calculate production possibility curves
  4. Discuss the importance of GDP as a measuring tool
  5. Differentiate between Fiscal and Monetary policy
  6. Explain how tax policy influences production decisions
  7. Evaluate the importance of international trade
  8. Apply marginal analysis concepts to production
  9. Access real-time market information


Program Outcomes
Agricultural Business AS

PO#1 Access agricultural financial information and markets

PO#3 Explain the importance of international trade on agricultural markets

PO#4 Differentiate between marginalism and profitability

PO#5 Analyze governmental policy’s influence on cultural practices



[Add to Portfolio]