AGR102 — Intro to Agriculture Econom 4 Hours
An introduction to the principles of economics including production principles production costs supply and revenue profit maximization consumption and demand price elasticity market price determination and competitive versus noncompetitive market models. These principles are applied to agriculture and the role of agriculture in the United States and world economies. Other topics include a survey of the world food situation natural human and capital resources commodity product marketing and agricultural problems and policies. ELA Placement: ELA 099 Requirement Prerequisite: None Semester Hour(s): 4 hour(s) Lecture / Lab Hours: 4 lec/week Illinois Articulation Initiative (IAI): AG 901 114 2026 - 2027 Programs