EE 492: Analysis of Agricultural Markets and Policy

3 (3-0-6)

Prerequisites: EE311

The role and importance of the price of agricultural products, characteristics of supply and demand responses to agricultural products, price elasticity of demand, income elasticity of demand, cross-price elasticity of agricultural products, Analyzing pricing policy, price adjustment across time and place, storage and seasons of agricultural products, the effectiveness of marketing, domestically and internationally, the agricultural products futures market, governmental intervention, trade barriers, agricultural products in the global market, international marketing and pricing policies that affect the price of agricultural products in developing countries.