Basic functioning of U.S. economy and relationship to agriculture; the differential effects of macroeconomic policy on disposable income, interest rates, unemployment, inflation and exchange rates; impact on agricultural commodity prices, farm input costs, net farm income, farmland values and key financial indicators. Prerequisites: AGEC 105 or 3 hours of economics; AGEC 317 or concurrent enrollment; AGEC 429; AGEC 330 or FINC 341 or FINC 409; and junior or senior classification Credits 3. 3 Lecture Hours.
Basic functioning of U.S. economy and relationship to agriculture; the differential effects of macroeconomic policy on disposable income, interest rates, unemployment, inflation and exchange rates; impact on agricultural commodity prices, farm input costs, net farm income, farmland values and key financial indicators. Prerequisites: AGEC 105 or 3 hours of economics; AGEC 317 or concurrent enrollment; AGEC 429; AGEC 330 or FINC 341 or FINC 409; and junior or senior classification Credits 3. 3 Lecture Hours.
