A rigorous reexamination of the pricing mechanism in the goods and factor markets. Development of theoretical tools of general applicability. Contemporary aggregative theory regarding the interrelationships among national income, employment, the price level, money supply and interest rates, and implications of this theory for public policy in a mixed economy. Advanced Futures and Options Markets 3 cr. Advanced hedging and speculating strategies using futures and options contracts.
Coverage includes interest rates, stock indexes, metals, currencies, livestock, and grains.
AG E 310 or AG E 311, AG E 425 or FIN 306, or consent of instructor. Theory and method of marketing agricultural and natural resource commodities, theory and methods of international trade. Research methods in agricultural marketing and international trade. Comparative Economic Systems 3 cr. Theoretical capitalism and socialism are used to analyze real-world economic arrangements in Western, Eastern, and developing nations.