ECON 320 - Agricultural Economics and Policy

Description:
Role of agriculture in the U.S. and world economies; consumers and businesses in agricultural markets; topics include commodity pricing, macroeconomic impacts, international trade, market structure, externalities. Government policies applied to agriculture (subsidies, crop insurance, finance).

Credits: (5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Describe the role of agriculture in the national economy, and in international trade
Apply microeconomic principles, such supply and demand, market structure, elasticity, to agricultural markets
Apply macroeconomic principles, such as study of business cycles, trade policy, and labor migration, to agricultural markets
Analyze government policies and regulations addressing agricultural issues, such as subsidies, price supports, crop insurance

Learner Outcomes Approval Date:
1/22/21

Anticipated Course Offering Terms and Locations: