Courses of Study 2016-2017 
    Oct 29, 2020  
Courses of Study 2016-2017 [ARCHIVED CATALOG]

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AEM 6080 - Production Economics

(crosslisted) ECON 4830  
Fall. 3 credits. Letter grades only (no audit).

Prerequisite: ECON 3030  and MATH 1110  or equivalents.

L. W. Tauer.

Studies the theory of production economics with emphasis on applications to agriculture and natural resources. Topics include the derivation, estimation, and use of production, cost, profit, revenue, demand, and supply functions. Discusses the concepts of efficiency and productivity. Introduces production response over time and under risk.

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