Skip to main content
Unit of study_

Agricultural Production Economics - AREC3006

Year - 2020

This unit of study is concerned with the application of microeconomic principles to management decisions in agricultural production systems. It builds on the theoretical knowledge acquired in previous studies and introduces the methods of applied economic analysis through a range of topics including: production, cost and profit functions; methods for the measurement of productivity; optimisation in biological production systems; and production under risk. The unit introduces the linear programming technique to solve decision making problems encountered by agribusiness and natural resource firms and managers in public agencies.

Classes
1x2hr lecture/week, 1x1hour tutorial/week

Assessment
1 x mid-semester test (25%), 1x 1500wd assignment (25%), 1x final exam (50%)

Pre-requisites

AREC2005 or ECOS2001 or ECOS2901 or AREC2003

Prohibitions

AREC2001 or AREC3001

Details

Faculty: Arts and Social Sciences

Semester 1

24 Feb 2020

Department/School: Economics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Mar 2020
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: No
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

Non-award/non-degree study 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. Cross-institutional study If you are from another Australian tertiary institution you may be permitted to undertake cross-institutional study in one or more units of study at the University of Sydney.

To help you understand common terms that we use at the University, we offer an online glossary.