This unit focuses on the economics of producer and consumer behaviour and the specification and estimation of demand and production systems for agricultural commodities. The unit covers core concepts in agricultural economics and provides students with skills valued by employers of agricultural economists and natural resource managers such as ABARE, Department of Agriculture and Food, and many private sector organisations. The unit has two modules that are taught concurrently. The first module emphasises consumer theory, focusing on constrained utility maximisation, derivation of demand functions, properties of demand functions, duality in the theory of consumer choice, and non-market... -- Course Website
Instructor: Associate Professor Atakelty Hailu
Prerequisites: SCIE4402 Data Management and Analysis in the Natural Sciences and (AGRI4402 Agricultural Economics or ECON4410 Environmental and Resource Economics or equivalent) or approval of unit coordinator