AAEC 2305 - Fundamentals of Agricultural Economics

 

Spring 2014

12:00 - 12:50 PM, MWF, Ag. Sci. 308

 

 

 

Course Materials

 

Handouts and assignments:

Syllabus

Review questions

Quiz 1 Solutions

Khan Academy lectures on supply, demand and market equilibrium

Quiz 2 Solutions

Homework 1 Solutions

Khan Academy lectures for chapter 6, chapter 7, and chapters 8-9

Exam 1

Quiz 3 Solutions

Homework 2 Solutions

Homework 3 Solutions

Exam 2

 

 

Lectures:

Chapter 1 Economics: The Study of Choice (Chapter 1)

Chapter 2 Confronting Scarcity: Choices in Production (Chapter 6, pp 145-150)

Chapter 3 Demand and Supply (Chapters 8-9)

Chapter 4 Demand and Supply Applications (Chapters 8-9)

Chapter 5 Elasticity (Chapters 8, Sections 8.2 and 8.6)

Chapter 6 Markets, Maximizers and Efficiency

Chapter 7 Household Behavior and Consumer Choice (Chapter 7)

Chapter 8 Production and Cost (Chapters 2-4)

Chapter 9 Competitive Markets (Chapter 5)

Chapter 10 Monopoly (Chapter 11)

Chapter 11 Imperfect Competition (Chapter 11)

Chapter 18 Economics of the Environment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Course Description

 

This course is designed to introduce students to fundamental microeconomic concepts and prepare them to apply economic principles in solving problems associated with agriculture and agribusiness. In this course we will present economic principles and concepts using graphical and mathematical methods.

Y

X

IC1

IC2

A

B

Instructor:

Office:

Office Hours:

Phone:

Email:

 

Textbook

Dr. Aaron Benson

Ag. Sci. 301A

1:00 - 2:00 PM, daily

806-742-1921 ext. 253

aaron.benson@ttu.edu

 

Principles of Microeconomics