Agricultural Economics (Field 9)

EE492 Agricultural Marketing and Policy

3 (3-0-6) 

Prerequisites: EE311

The role and importance of the price of agricultural products. Characteristics of demand and supply responses of agricultural products. Price elasticity of demand, income elasticity of demand, and cross-price elasticity of agricultural products. Price adjustment across time and place. Storage and seasons of agricultural products. Analysis of pricing policy. Marketing channels and the effectiveness of marketing. Domestic and international agricultural marketing. The agricultural futures market. The governmental intervention. Trade barriers. Agricultural products in the international trade negotiation. International agricultural marketing and foreign pricing policies that affect the developing countries.