To describe the role of markets and the determination of equilibrium market price and quantity. To discuss the structure and organization of the U.S. agricultural sector and the economic issues facing U.S. agriculture. To apply economic theory to current economic problems facing U.S. and world agriculture. Regular and punctual attendance at all class sessions is the responsibility of each student. College work proceeds at such a pace that regular attendance is necessary for each student to obtain maximum benefit from instruction.
All absences are matters to be resolved between the instructor and the student.
In the event that a student finds it necessary to be absent from class, it is the student's responsibility to make up resulting deficiencies. This scale may be curved dowm at the end of the semester, if needed. There will be at least thirteen assignments during the semester. Some assignments will be homework done outside of class and some assignments will be short in-class assignments. The types of questions and problems on the assignments will be the same types that you will be expected to answer on the exams.