AEM 5150 - Price Analysis

Fall. 3 credits. Letter grades only.

Enrollment limited to: graduate students. Co-meets with AEM 4150. Not offered every year.

H.M. Kaiser.

Focuses on the analysis of supply and demand characteristics of commodities with particular attention to agricultural products. Pays special attention to empirical analysis. Includes institutional aspects of pricing, temporal and spatial price relationships, price forecasting, and the economic consequences of pricing decisions.

Outcome 1: Examine the basic forces that influence agricultural prices in a spatial and temporal context.

Outcome 2: Develop basic analytical techniques related to price analysis.

Outcome 3: Identify how agricultural policy impacts prices.

Outcome 4: Provide examples of empirical price analysis applied to real world problems.

Outcome 5: Teach students how to read and understand journal articles on applied price analysis research.