Market and Price Analysis (AGEC2101)

UNIT OF STUDY

This unit focuses on the nature of agricultural and resource commodity markets, market demand relationships, market supply relationships, price determination under alternative market structures, marketing margin relationships, derived demand for inputs, spatially and temporally related markets, market dynamics, price expectations, commodity futures markets and other pertinent topics. Applied examples from the agricultural and resource industries and the overall economy will be used throughout the semester as illustrations of the principles involved. N.B. Available to 2nd year students in Faculty of Economics and Business. Advised prerequisite: AGEC2105 or ECMT2110

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Further unit of study information

Classes

1x2-hr lectures/week, 1x1-hr tutorial/week commencing week 2

Assessment

1x1hr in-class mid-term exam (20%), 1x3000wd assignment (20%), 1x2hr final exam (60%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

AGEC1006 or (AGEC1003 and AGEC1004) or AGEC1002 or AGEC1102 or RSEC1031 or AGEC1031

Prohibitions

AGEC2001

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If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

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Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

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